Mortgage Rates in Kailua-Kona, Hawaii — April 2026
Updated April 2026 | Based on Kailua-Kona market data and regional lending conditions
Kailua-Kona is a smaller Hawaii community of 14,627 where the housing market reflects local economic conditions. The current 30-year fixed rate here is 6.78% (0.69% above the national average). The median home price of $747,000 translates to roughly $4,075/month with 20% down — requiring an income of about $174,643, which exceeds the local median of $75,900.
Whether you call it a 30-year mortgage, 30-year home loan, 30-year house loan, or 30-year mortgage loan, the underlying product is the same: a fixed-rate amortizing loan paid over 360 months. In Kailua-Kona, HI, the current 30-year rate is 6.78%. Shorter terms (15-year fixed at 6.02% or 20-year fixed, typically priced between the 15- and 30-year) reduce total interest paid but increase monthly payments — see our 15-year vs 30-year comparison for the math. Government-backed options include FHA loans (6.52%) and VA loans (6.27%), often available at lower rates with reduced down payment requirements.
Current Mortgage Rates in Kailua-Kona, HI
Below are the current average mortgage rates available in the Kailua-Kona area as of April 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% | 6.09% | +0.69% |
| 15-Year Fixed | 6.02% | 5.58% | +0.44% |
| 5/1 ARM | 6.27% | 5.95% | +0.32% |
| FHA | 6.52% | 5.85% | +0.67% |
| VA | 6.27% | 5.65% | +0.62% |
| Jumbo | 7.03% | 6.25% | +0.78% |
Kailua-Kona Housing Market Overview
Kailua-Kona's housing market is competitive — median prices of $747,000 put it well above the national median of ~$400,000. Buyers here face higher barriers to entry, but the local economy (median household income: $75,900) may not fully support current asking prices.
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 April 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 0.69% above the national average of 6.09%.
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.
Mortgage Rates in Other Hawaii Cities
Related Tools & Guides
📊 Sources & Methodology
- 30-yr/15-yr fixed rates: Freddie Mac Primary Mortgage Market Survey (PMMS), weekly national average adjusted for Hawaii regional spread.
- Median home price: $747,000 sourced from Redfin / Zillow real estate listings (2026 data).
- Property tax rate: 0.3% effective rate per Tax Foundation 2026 state property tax data.
- Median household income: $75,900 per US Census Bureau ACS 5-year estimate.
- Calculations: standard amortization formula M = P[r(1+r)^n] / [(1+r)^n − 1], with r = monthly rate, n = 360 months, P = loan amount (80% of home price).
Last updated: April 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.