FHA Loan Calculator — Hawaii
On the typical Hawaii home ($833,000), 3.5% down leaves a $803,845 base loan. The 1.75% upfront premium ($14,067) is financed, for a $817,912 loan, and annual MIP of 0.75% adds $509 a month for the life of the loan. Hawaii FHA limits run $1,249,125–$1,299,500 by county.
Hawaii has the lowest effective property tax rate of the 50 states at 0.29% — $5,165 less a year than the 0.91% state average on a $833,000 home. Homeowners insurance averages $659 a year, the lowest premium nationally and $2,061 less than the typical state.
Loan Parameters
Total Monthly Payment
$6,223
Principal & Interest + Taxes + Insurance
APR 7.964%
Total Interest
$1,146,997
Total Cost
$2,179,520
Advanced Parameters
FHA Mortgage Insurance Premium (MIP)
Annual MIP of 0.75% is billed monthly on the average balance of each loan year. With less than 10% down it lasts for the life of the loan; with 10% or more down it ends after 11 years. A 1.75% upfront premium is also added to the loan.
Loan Summary
Payoff Date
Sep 2056
Interest / Principal
1.40x
Mortgage Insurance Ends
Full term
50% Equity
Jul 2048
Amortization Schedule
| Period | Payment | Principal | Interest | MIP | Balance | Equity |
|---|---|---|---|---|---|---|
| Year 1 | $65,497 | $8,261 | $57,236 | $6,106 | $809,652 | $23,348 |
| Year 2 | $65,497 | $8,860 | $56,637 | $6,042 | $800,791 | $32,209 |
| Year 3 | $65,497 | $9,504 | $55,993 | $5,974 | $791,288 | $41,712 |
| Year 4 | $65,497 | $10,194 | $55,303 | $5,900 | $781,094 | $51,906 |
| Year 5 | $65,497 | $10,934 | $54,563 | $5,821 | $770,160 | $62,840 |
| Year 6 | $65,497 | $11,728 | $53,769 | $5,736 | $758,432 | $74,568 |
| Year 7 | $65,497 | $12,579 | $52,918 | $5,646 | $745,853 | $87,147 |
| Year 8 | $65,497 | $13,493 | $52,004 | $5,548 | $732,360 | $100,640 |
| Year 9 | $65,497 | $14,472 | $51,025 | $5,444 | $717,888 | $115,112 |
| Year 10 | $65,497 | $15,523 | $49,974 | $5,331 | $702,365 | $130,635 |
| Year 11 | $65,497 | $16,650 | $48,847 | $5,211 | $685,714 | $147,286 |
| Year 12 | $65,497 | $17,859 | $47,638 | $5,082 | $667,855 | $165,145 |
| Year 13 | $65,497 | $19,156 | $46,341 | $4,944 | $648,699 | $184,302 |
| Year 14 | $65,497 | $20,547 | $44,950 | $4,796 | $628,151 | $204,849 |
| Year 15 | $65,497 | $22,039 | $43,458 | $4,636 | $606,112 | $226,888 |
| Year 16 | $65,497 | $23,639 | $41,858 | $4,466 | $582,473 | $250,527 |
| Year 17 | $65,497 | $25,356 | $40,141 | $4,282 | $557,117 | $275,883 |
| Year 18 | $65,497 | $27,197 | $38,300 | $4,086 | $529,920 | $303,080 |
| Year 19 | $65,497 | $29,172 | $36,325 | $3,875 | $500,749 | $332,251 |
| Year 20 | $65,497 | $31,290 | $34,207 | $3,649 | $469,459 | $363,541 |
| Year 21 | $65,497 | $33,562 | $31,935 | $3,407 | $435,897 | $397,103 |
| Year 22 | $65,497 | $35,999 | $29,498 | $3,147 | $399,899 | $433,101 |
| Year 23 | $65,497 | $38,612 | $26,885 | $2,868 | $361,286 | $471,714 |
| Year 24 | $65,497 | $41,416 | $24,081 | $2,569 | $319,870 | $513,130 |
| Year 25 | $65,497 | $44,423 | $21,074 | $2,248 | $275,447 | $557,553 |
| Year 26 | $65,497 | $47,649 | $17,848 | $1,904 | $227,798 | $605,202 |
| Year 27 | $65,497 | $51,109 | $14,388 | $1,535 | $176,689 | $656,311 |
| Year 28 | $65,497 | $54,820 | $10,677 | $1,139 | $121,870 | $711,130 |
| Year 29 | $65,497 | $58,800 | $6,697 | $714 | $63,070 | $769,930 |
| Year 30 | $65,497 | $63,070 | $2,427 | $259 | $0 | $833,000 |
FHA Loan numbers for Hawaii
- Typical Hawaii home value
- $833,000
- 3.5% down ($29,155) · Zillow, August 31, 2026
- Loan amount
- $817,912
- Includes $14,067 financed UFMIP
- Estimated monthly payment
- $6,223
- APR 7.964%
- Hawaii property tax
- 0.29%
- $201/mo
- Homeowners insurance
- $659/yr
- $55/mo
- Upfront MIP (1.75%)
- $14,067
- Financed into the loan
- Annual MIP
- 0.75%
- $509/mo in year 1 · life of loan
- Hawaii FHA loan limit
- $1,249,125 – $1,299,500
- One-unit, by county
How much house can you afford in Hawaii with an fha loan?
Highest price where principal, interest, Hawaii property tax, insurance and FHA mortgage insurance (1.75% upfront premium financed, 0.55% annual MIP) stay within 28% of gross income —3.5% down, 30-year fixed at 7.03%. Other debts lower these numbers.
| Household income | Housing budget / mo | Max home price | Down payment | vs typical home |
|---|---|---|---|---|
| $40,000 | $933 | $121,000 | $4,235 | 15% |
| $50,000 | $1,167 | $153,000 | $5,355 | 18% |
| $60,000 | $1,400 | $185,000 | $6,475 | 22% |
| $75,000 | $1,750 | $233,000 | $8,155 | 28% |
| $100,000 | $2,333 | $314,000 | $10,990 | 38% |
| $125,000 | $2,917 | $395,000 | $13,825 | 47% |
| $150,000 | $3,500 | $475,000 | $16,625 | 57% |
FHA vs other loan types in Hawaii
$833,000 home, each program's typical minimum or default down payment, current average 30-year rate.
| Loan type | Down | Loan amount | Upfront fee | Monthly MI | Total / month | APR |
|---|---|---|---|---|---|---|
| Conventional | 10% · $83,300 | $749,700 | — | $450 PMI | $5,709 | 7.488% |
| FHA | 3.5% · $29,155 | $817,912 | UFMIP $14,067 | $509 MIP | $6,223 | 7.964% |
| VA | 0% · $0 | $850,910 | Funding fee $17,910 | $0 | $5,935 | 7.242% |
| JumboLoan is conforming (≤ $1,249,125) | 20% · $166,600 | $666,400 | — | $0 | $4,703 | 7.030% |
Hawaii high-cost counties (2026)
5 counties have a one-unit conforming limit above the $832,750 baseline. Loans up to these amounts are conforming, not jumbo.
- Kalawao County$1,299,500
- Maui County$1,299,500
- Hawaii County$1,249,125
- Honolulu County$1,249,125
- Kauai County$1,249,125
Frequently asked questions
What is the monthly payment on a $833,000 home with an fha loan in Hawaii?
Estimated $6,223 per month ($5,458 principal & interest, $201 property tax, $55 insurance, $509 FHA mortgage insurance) at 7.03% for 30 years, with 3.5% down. APR 7.964%.
What is the FHA loan limit in Hawaii for 2026?
Between $1,249,125 and $1,299,500 depending on the county for a one-unit home. Check your exact county on HUD's FHA mortgage limits lookup.
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Data sources & assumptions
- Freddie Mac Primary Mortgage Market Survey (PMMS) — Weekly average as of September 24, 2026
- Zillow Home Value Index (ZHVI), typical home value, all homes — Default home prices; typical value as of August 31, 2026
- FHFA 2026 Conforming Loan Limit Values (one-unit) — 2026 one-unit limits, 56 states & territories
- HUD FHA Mortgage Limits lookup — FHA floor $541,287; high-cost counties follow the conforming limit — confirm on HUD
- Effective statewide property tax rate (Tax Foundation, 2026 projections) — Statewide effective rate; county rates vary
- Average annual homeowners premium, $300K dwelling / $1K deductible (industry survey averages) — Statewide average premium
- HUD Mortgagee Letter 2023-05 (annual MIP schedule)
- HUD — FHA single family housing policy handbook 4000.1
Estimates exclude lender origination fees, points and closing costs. See our methodology for formulas and limitations.