Mortgage on a $700K house in Hawaii
$4,272 a month with 20% down — $3,767 principal and interest plus $154 property tax and $350 insurance.
Hawaii's typical property tax is 0.26% of the home's value a year (U.S. average 0.9%), which adds $154 a month on a $700K home. The typical home in Hawaii is worth $832,932, so $700K is 16% below the typical price.
$700K home in Hawaii: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $140,000 | $560,000 | $3,767 | $0 | $504 | $4,272 | $183,100 |
| 10% down | $70,000 | $630,000 | $4,238 | $263 | $504 | $5,005 | $214,500 |
| 5% down | $35,000 | $665,000 | $4,473 | $277 | $504 | $5,255 | $225,200 |
| 3.5% down (FHA) | $24,500 | $687,321 | $4,624 | $310 | $504 | $5,438 | $233,000 |
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 $700K buy a typical home?
No Hawaii county has a typical home value within 15% of $700K.
1 of 4 Hawaii counties tracked by Zillow have a typical home value at or below $700K. See all Hawaii home prices.
Other prices in Hawaii
Frequently asked questions
What is the mortgage on a $700K house in Hawaii?
About $4,272 a month with 20% down at 7.11%: $3,767 principal and interest, $154 property tax and $350 insurance.
How much do I need to make to buy a $700K house in Hawaii?
About $183,100 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $700K house in Hawaii?
At Hawaii's typical effective rate of 0.26%, about $1,853 a year. Rates vary by county and city — see the county pages.