Mortgage Rates in Kailua-Kona, Hawaii — March 2026
Updated March 2026 | Based on Kailua-Kona market data and regional lending conditions
Kailua-Kona is a growing city in Hawaii with a population of 14,627. The current 30-year fixed mortgage rate in Kailua-Kona is 6.78%, which is 0.13% above the national average. With a median home price of $747,000 and a 20% down payment of $149,400, homebuyers can expect a monthly principal and interest payment of approximately $3,888.
Current Mortgage Rates in Kailua-Kona, HI
Below are the current average mortgage rates available in the Kailua-Kona area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.78% | 6.65% | +0.13% |
| 15-Year Fixed | 6.02% | 5.89% | +0.13% |
| 5/1 ARM | 6.27% | 6.15% | +0.12% |
| FHA | 6.52% | 6.25% | +0.27% |
| VA | 6.27% | 6.05% | +0.22% |
| Jumbo | 7.03% | 6.85% | +0.18% |
Kailua-Kona Housing Market Overview
The Kailua-Kona housing market is competitive with prices well above the national median. The median household income in Kailua-Kona is $75,900, and the cost of living index is 172.1 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $174,643 to comfortably afford the median-priced home in Kailua-Kona, which exceeds the current median household income.
Monthly Payment Breakdown for Kailua-Kona
Based on the median home price of $747,000 with 20% down ($149,400), here is what you can expect to pay monthly in Kailua-Kona:
15-Year vs. 30-Year Mortgage in Kailua-Kona
Choosing a 15-year mortgage in Kailua-Kona at 6.02% instead of a 30-year at 6.78% would save you $490,860 in total interest over the life of the loan. However, your monthly payment would be $5,049 instead of $3,888 — an increase of $1,161 per month.
Calculate Your Kailua-Kona Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Kailua-Kona
What are the current mortgage rates in Kailua-Kona, HI?
As of March 2026, the average 30-year fixed mortgage rate in Kailua-Kona, Hawaii is 6.78%, while the 15-year fixed rate is 6.02%. FHA loans average 6.52% and VA loans 6.27%. These rates are 0.13% above the national average of 6.65%.
How much is a monthly mortgage payment in Kailua-Kona?
Based on the median home price of $747,000 with 20% down, the estimated monthly mortgage payment in Kailua-Kona is $3,888 for principal and interest. Including property taxes of $187/month, the total monthly housing cost is approximately $4,075.
What income do I need to buy a home in Kailua-Kona?
Using the 28% rule, you would need an annual income of approximately $174,643 to afford the median-priced home in Kailua-Kona at $747,000. The median household income in Kailua-Kona is $75,900. This means most households would need to either earn above the median or consider homes below $747,000.
Is Kailua-Kona a good place to buy a home in 2026?
Kailua-Kona has a higher cost of living than average with a cost of living index of 172.1 (national average = 100). The property tax rate in Hawaii is 0.3%, which is below the national average. Kailua-Kona has a population of 14,627 and offers a balanced lifestyle.
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Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Kailua-Kona, Hawaii area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.