Mortgage Rates in Wailua Homesteads, HawaiiMarch 2026

Updated March 2026 | Based on Wailua Homesteads market data and regional lending conditions

30-Year Fixed
6.86%
15-Year Fixed
6.07%
Median Home Price
$765,000
Est. Monthly Payment
$4,199

Wailua Homesteads is a smaller Hawaii community of 39,384 where the housing market reflects local economic conditions. The current 30-year fixed rate here is 6.86% (0.21% above the national average). The median home price of $765,000 translates to roughly $4,199/month with 20% down — requiring an income of about $179,957, which exceeds the local median of $94,500.

Current Mortgage Rates in Wailua Homesteads, HI

Below are the current average mortgage rates available in the Wailua Homesteads 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 TypeRateNational AvgDifference
30-Year Fixed6.86%6.65%+0.21%
15-Year Fixed6.07%5.89%+0.18%
5/1 ARM6.31%6.15%+0.16%
FHA6.55%6.25%+0.3%
VA6.3%6.05%+0.25%
Jumbo7.11%6.85%+0.26%

Wailua Homesteads Housing Market Overview

Wailua Homesteads's housing market is competitive — median prices of $765,000 put it well above the national median of ~$400,000. Buyers here face higher barriers to entry, but the local economy (median household income: $94,500) may not fully support current asking prices.

Population
39,384
Median Income
$94,500
Property Tax Rate
0.29%
Cost of Living
187.8
Down Payment (20%)
$153,000
Income Needed
$179,957

Monthly Payment Breakdown for Wailua Homesteads

Based on the median home price of $765,000 with 20% down ($153,000), here is what you can expect to pay monthly in Wailua Homesteads:

Principal & Interest (30-yr at 6.86%)$4,014
Property Tax$185
Estimated Insurance$191
Total Estimated Monthly$4,390

15-Year vs. 30-Year Mortgage in Wailua Homesteads

Choosing a 15-year mortgage in Wailua Homesteads at 6.07% instead of a 30-year at 6.86% would save you $511,200 in total interest over the life of the loan. However, your monthly payment would be $5,188 instead of $4,014 — an increase of $1,174 per month.

Calculate Your Wailua Homesteads Mortgage Payment

Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.

Open Free Calculator

Frequently Asked Questions About Mortgages in Wailua Homesteads

What are the current mortgage rates in Wailua Homesteads, HI?

As of March 2026, the average 30-year fixed mortgage rate in Wailua Homesteads, Hawaii is 6.86%, while the 15-year fixed rate is 6.07%. FHA loans average 6.55% and VA loans 6.3%. These rates are 0.21% above the national average of 6.65%.

How much is a monthly mortgage payment in Wailua Homesteads?

Based on the median home price of $765,000 with 20% down, the estimated monthly mortgage payment in Wailua Homesteads is $4,014 for principal and interest. Including property taxes of $185/month, the total monthly housing cost is approximately $4,199.

What income do I need to buy a home in Wailua Homesteads?

Using the 28% rule, you would need an annual income of approximately $179,957 to afford the median-priced home in Wailua Homesteads at $765,000. The median household income in Wailua Homesteads is $94,500. This means most households would need to either earn above the median or consider homes below $765,000.

Is Wailua Homesteads a good place to buy a home in 2026?

Wailua Homesteads has a higher cost of living than average with a cost of living index of 187.8 (national average = 100). The property tax rate in Hawaii is 0.29%, which is below the national average. Wailua Homesteads has a population of 39,384 and offers a balanced lifestyle.

Mortgage Rates in Other Hawaii Cities

Honolulu, HI
6.53% | $875,000
Kapolei, HI
6.53% | $785,000
Hilo, HI
6.53% | $455,000
Kailua, HI
6.53% | $1,150,000
Pearl City, HI
6.53% | $815,000

Related Tools & Guides

Loan Calculator
Calculate any loan payment with amortization schedule
First-Time Homebuyer Guide
Everything you need to know about buying your first home
15 vs 30 Year Mortgage
Which mortgage term saves you the most money?
Mortgage Rate Forecast
Where are mortgage rates headed this year?

Last updated: March 2026. Rates are approximate averages based on regional lending data for the Wailua Homesteads, Hawaii area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.