Mortgage on a $450K house in Hawaii
$2,746 a month with 20% down — $2,422 principal and interest plus $99 property tax and $225 insurance.
Hawaii's typical property tax is 0.26% of the home's value a year (U.S. average 0.9%), which adds $99 a month on a $450K home. The typical home in Hawaii is worth $832,932, so $450K is 46% below the typical price.
$450K home in Hawaii: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $90,000 | $360,000 | $2,422 | $0 | $324 | $2,746 | $117,700 |
| 10% down | $45,000 | $405,000 | $2,724 | $169 | $324 | $3,218 | $137,900 |
| 5% down | $22,500 | $427,500 | $2,876 | $178 | $324 | $3,378 | $144,800 |
| 3.5% down (FHA) | $15,750 | $441,849 | $2,972 | $199 | $324 | $3,496 | $149,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.26% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Where in Hawaii does $450K buy a typical home?
No Hawaii county has a typical home value within 15% of $450K.
0 of 4 Hawaii counties tracked by Zillow have a typical home value at or below $450K. See all Hawaii home prices.
Other prices in Hawaii
Frequently asked questions
What is the mortgage on a $450K house in Hawaii?
About $2,746 a month with 20% down at 7.11%: $2,422 principal and interest, $99 property tax and $225 insurance.
How much do I need to make to buy a $450K house in Hawaii?
About $117,700 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $450K house in Hawaii?
At Hawaii's typical effective rate of 0.26%, about $1,192 a year. Rates vary by county and city — see the county pages.