Mortgage Rates in Waianae, Hawaii — March 2026
Updated March 2026 | Based on Waianae market data and regional lending conditions
Waianae is a growing city in Hawaii with a population of 13,177. The current 30-year fixed mortgage rate in Waianae is 6.65%, which is at the national average. With a median home price of $718,000 and a 20% down payment of $143,600, homebuyers can expect a monthly principal and interest payment of approximately $3,687.
Current Mortgage Rates in Waianae, HI
Below are the current average mortgage rates available in the Waianae 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 | 6.65% | 6.65% | 0% |
| 15-Year Fixed | 5.91% | 5.89% | +0.02% |
| 5/1 ARM | 6.19% | 6.15% | +0.04% |
| FHA | 6.45% | 6.25% | +0.2% |
| VA | 6.2% | 6.05% | +0.15% |
| Jumbo | 6.9% | 6.85% | +0.05% |
Waianae Housing Market Overview
The Waianae housing market is competitive with prices well above the national median. The median household income in Waianae is $85,300, and the cost of living index is 187.4 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $165,471 to comfortably afford the median-priced home in Waianae, which exceeds the current median household income.
Monthly Payment Breakdown for Waianae
Based on the median home price of $718,000 with 20% down ($143,600), here is what you can expect to pay monthly in Waianae:
15-Year vs. 30-Year Mortgage in Waianae
Choosing a 15-year mortgage in Waianae at 5.91% instead of a 30-year at 6.65% would save you $459,900 in total interest over the life of the loan. However, your monthly payment would be $4,819 instead of $3,687 — an increase of $1,132 per month.
Calculate Your Waianae 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 Waianae
What are the current mortgage rates in Waianae, HI?
As of March 2026, the average 30-year fixed mortgage rate in Waianae, Hawaii is 6.65%, while the 15-year fixed rate is 5.91%. FHA loans average 6.45% and VA loans 6.2%. These rates are at the national average of 6.65%.
How much is a monthly mortgage payment in Waianae?
Based on the median home price of $718,000 with 20% down, the estimated monthly mortgage payment in Waianae is $3,687 for principal and interest. Including property taxes of $174/month, the total monthly housing cost is approximately $3,861.
What income do I need to buy a home in Waianae?
Using the 28% rule, you would need an annual income of approximately $165,471 to afford the median-priced home in Waianae at $718,000. The median household income in Waianae is $85,300. This means most households would need to either earn above the median or consider homes below $718,000.
Is Waianae a good place to buy a home in 2026?
Waianae has a higher cost of living than average with a cost of living index of 187.4 (national average = 100). The property tax rate in Hawaii is 0.29%, which is below the national average. Waianae has a population of 13,177 and offers a balanced lifestyle.
Mortgage Rates in Other Hawaii Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Waianae, Hawaii area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.