What is the average mortgage rate in Hawaii in 2026?
Around 7.46% as of October 19, 2026 on a 30-year fixed in this national benchmark model — in line with the US average shown above.
Best Mortgage Rates Hawaii 2026
Hawaii remains one of the priciest US markets with an average home price around $835,000 in 2026. The state has progressive income tax (top rate about 11%) and conveyance taxes that can range roughly 0.1%–1.25% depending on price and county.
30-year fixed
7.46%
National avg
15-year fixed
6.82%
National avg
5/1 ARM
6.82%
National avg
| Product | Rate (APR) |
|---|---|
| 30-year fixed (national avg) | 7.46% |
| 15-year fixed (national avg) | 6.82% |
| 5/1 ARM (national avg) | 6.82% |
Rates verified Oct 21, 2026
Rates shown are national benchmark averages for this page, not live quotes from lenders. Confirm pricing with banks and brokers in Hawaii. Not financial advice.
Hawaii at a glance
- Average home price: $835,000
- State income tax: Yes (11% top marginal rate)
- Transfer / conveyance tax: Yes — conveyance tax roughly 0.1%–1.25% (varies)
- Typical monthly payment: $4,652/mo on $835,000 with 20% down, 30-year term, at 7.46% — excludes taxes, insurance, and HOA.
Frequently Asked Questions
Does Hawaii have a real estate transfer tax?
Hawaii uses county-level conveyance tax schedules; effective rates often fall between about 0.1% and 1.25% depending on the property and jurisdiction.
What is the average home price in Hawaii in 2026?
$835,000 — used here as an illustrative average for payment math.
How much do I need to earn to afford a home in Hawaii?
To afford $835,000 with 20% down at 7.46% on a 30-year loan, many lenders use debt-to-income rules that imply approximately $195,000–$205,000 annual income before taxes — your lender may differ.
US mortgage calculator · Educational reference only. Not financial or lending advice.