Compare Current Honolulu, Hawaii Mortgage Rates

Compare Honolulu, HI mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Honolulu.

We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Honolulu. Plus, shopping lenders is free and there is no obligation.

Honolulu, HI Mortgage Rates as of September 28, 2023
  • Lender
  • APR
  • Loan Type
  • Rate
  • Payment
  • Fees & Points
  • Contact

Get Personalized Mortgage Quotes

Input your information to receive personalized mortgage quotes from preferred lenders. Comparing proposals from multiple lenders is the best way to save money on your mortgage.

Data provided by Icanbuy. Payments do not include amounts for taxes and insurance premiums. Read through our lender table disclaimer for more information on rates and product details.

Get Free Personalized Mortgage Quotes

Compare Today's Honolulu, HI Mortgage Rates

September 28, 2023

Current mortgage rates in Honolulu, HI are % for a 30 year fixed rate loan, % for a 15 year fixed loan and % for a 5/1 adjustable rate mortgage (ARM)

Mortgage Program
Honolulu, HI Rates
30 Year Fixed Rate
15 Year Fixed Rate
5/1 Adjustable Rate Mortgage

How Affordable is Housing in Honolulu, Hawaii?

Below we provide helpful information on the real estate market, home prices and housing affordability in Honolulu. Understand how much you need to earn to afford a home in Honolulu, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Honolulu fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Honolulu is right for you.

The median home value for Honolulu, HI is $916,035

Based on current mortgage rates and a 10% down payment, you need to make $191,100 per year to buy the median priced home in Honolulu

With this income, you could qualify for a $824,432 mortgage, assuming your monthly debt expense is reasonable

Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Honolulu is $4,426

The median household income for Honolulu, HI is $92,028

Based on this income, you can afford a home valued at approximately $441,137

The home price you can afford to buy based on household income in Honolulu is 48% of the median home value which means housing prices are very expensive. Honolulu ranks 2 out of 5 counties in Hawaii and 3,127 out of 3,142 counties in the United States for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the housing market in Honolulu, HI is very expensive


Loan Limits for Honolulu, Hawaii

Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Honolulu below.

Conforming loan limits for Honolulu, HI

1 unit: $1,089,300
2 units: $1,394,775
3 units: $1,685,850
4 units: $2,095,200

FHA loan limits for Honolulu, HI

1 unit: $770,500
2 units: $986,400
3 units: $1,192,300
4 units: $1,481,750

VA loan limits for Honolulu, HI

1 unit: $1,089,300

Additional Mortgage Resources for Honolulu, HI Residents

Mortgage Rates for Hawaii Cities

Honolulu Mortgage Rates

Kauai Mortgage Rates

Maui Mortgage Rates