Mortgage Rates in Waipio, Hawaii — March 2026
Updated March 2026 | Based on Waipio market data and regional lending conditions
Waipio is a growing city in Hawaii with a population of 11,674. The current 30-year fixed mortgage rate in Waipio is 6.68%, which is 0.03% above the national average. With a median home price of $643,000 and a 20% down payment of $128,600, homebuyers can expect a monthly principal and interest payment of approximately $3,312.
Current Mortgage Rates in Waipio, HI
Below are the current average mortgage rates available in the Waipio 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 | 6.68% | 6.65% | +0.03% |
| 15-Year Fixed | 5.93% | 5.89% | +0.04% |
| 5/1 ARM | 6.21% | 6.15% | +0.06% |
| FHA | 6.47% | 6.25% | +0.22% |
| VA | 6.22% | 6.05% | +0.17% |
| Jumbo | 6.93% | 6.85% | +0.08% |
Waipio Housing Market Overview
The Waipio housing market is competitive with prices well above the national median. The median household income in Waipio is $71,100, and the cost of living index is 190.3 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $148,157 to comfortably afford the median-priced home in Waipio, which exceeds the current median household income.
Monthly Payment Breakdown for Waipio
Based on the median home price of $643,000 with 20% down ($128,600), here is what you can expect to pay monthly in Waipio:
15-Year vs. 30-Year Mortgage in Waipio
Choosing a 15-year mortgage in Waipio at 5.93% instead of a 30-year at 6.68% would save you $414,540 in total interest over the life of the loan. However, your monthly payment would be $4,321 instead of $3,312 — an increase of $1,009 per month.
Calculate Your Waipio 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 Waipio
What are the current mortgage rates in Waipio, HI?
As of March 2026, the average 30-year fixed mortgage rate in Waipio, Hawaii is 6.68%, while the 15-year fixed rate is 5.93%. FHA loans average 6.47% and VA loans 6.22%. These rates are 0.03% above the national average of 6.65%.
How much is a monthly mortgage payment in Waipio?
Based on the median home price of $643,000 with 20% down, the estimated monthly mortgage payment in Waipio is $3,312 for principal and interest. Including property taxes of $145/month, the total monthly housing cost is approximately $3,457.
What income do I need to buy a home in Waipio?
Using the 28% rule, you would need an annual income of approximately $148,157 to afford the median-priced home in Waipio at $643,000. The median household income in Waipio is $71,100. This means most households would need to either earn above the median or consider homes below $643,000.
Is Waipio a good place to buy a home in 2026?
Waipio has a higher cost of living than average with a cost of living index of 190.3 (national average = 100). The property tax rate in Hawaii is 0.27%, which is below the national average. Waipio has a population of 11,674 and offers a balanced lifestyle.
Mortgage Rates in Other Hawaii Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Waipio, Hawaii area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.