Mortgage Rates in Kailua, Hawaii — March 2026
Updated March 2026 | Based on Kailua market data and regional lending conditions
Kailua is a growing city in Hawaii with a population of 40,514. The current 30-year fixed mortgage rate in Kailua is 6.53%, which is 0.12% below the national average. With a median home price of $1,150,000 and a 20% down payment of $230,000, homebuyers can expect a monthly principal and interest payment of approximately $5,833.
Current Mortgage Rates in Kailua, HI
Below are the current average mortgage rates available in the Kailua 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 | 6.53% | 6.65% | -0.12% |
| 15-Year Fixed | 5.77% | 5.89% | -0.12% |
| 5/1 ARM | 6.03% | 6.15% | -0.12% |
| FHA | 6.13% | 6.25% | -0.12% |
| VA | 5.93% | 6.05% | -0.12% |
| Jumbo | 6.73% | 6.85% | -0.12% |
Kailua Housing Market Overview
The Kailua housing market is competitive with prices well above the national median. The median household income in Kailua is $105,250, and the cost of living index is 188.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $261,471 to comfortably afford the median-priced home in Kailua, which exceeds the current median household income.
Monthly Payment Breakdown for Kailua
Based on the median home price of $1,150,000 with 20% down ($230,000), here is what you can expect to pay monthly in Kailua:
15-Year vs. 30-Year Mortgage in Kailua
Choosing a 15-year mortgage in Kailua at 5.77% instead of a 30-year at 6.53% would save you $722,880 in total interest over the life of the loan. However, your monthly payment would be $7,650 instead of $5,833 — an increase of $1,817 per month.
Calculate Your Kailua 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
What are the current mortgage rates in Kailua, HI?
As of March 2026, the average 30-year fixed mortgage rate in Kailua, Hawaii is 6.53%, while the 15-year fixed rate is 5.77%. FHA loans average 6.13% and VA loans 5.93%. These rates are 0.12% below the national average of 6.65%.
How much is a monthly mortgage payment in Kailua?
Based on the median home price of $1,150,000 with 20% down, the estimated monthly mortgage payment in Kailua is $5,833 for principal and interest. Including property taxes of $268/month, the total monthly housing cost is approximately $6,101.
What income do I need to buy a home in Kailua?
Using the 28% rule, you would need an annual income of approximately $261,471 to afford the median-priced home in Kailua at $1,150,000. The median household income in Kailua is $105,250. This means most households would need to either earn above the median or consider homes below $1,150,000.
Is Kailua a good place to buy a home in 2026?
Kailua has a higher cost of living than average with a cost of living index of 188.5 (national average = 100). The property tax rate in Hawaii is 0.28%, which is below the national average. Kailua has a population of 40,514 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 Kailua, Hawaii area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.