Mortgage Rates in Wailuku, Hawaii — March 2026
Updated March 2026 | Based on Wailuku market data and regional lending conditions
Wailuku is a growing city in Hawaii with a population of 17,697. The current 30-year fixed mortgage rate in Wailuku is 6.85%, which is 0.2% above the national average. With a median home price of $766,000 and a 20% down payment of $153,200, homebuyers can expect a monthly principal and interest payment of approximately $4,015.
Current Mortgage Rates in Wailuku, HI
Below are the current average mortgage rates available in the Wailuku 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 | 6.85% | 6.65% | +0.2% |
| 15-Year Fixed | 6.07% | 5.89% | +0.18% |
| 5/1 ARM | 6.31% | 6.15% | +0.16% |
| FHA | 6.55% | 6.25% | +0.3% |
| VA | 6.3% | 6.05% | +0.25% |
| Jumbo | 7.1% | 6.85% | +0.25% |
Wailuku Housing Market Overview
The Wailuku housing market is competitive with prices well above the national median. The median household income in Wailuku is $68,500, and the cost of living index is 181.1 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $179,743 to comfortably afford the median-priced home in Wailuku, which exceeds the current median household income.
Monthly Payment Breakdown for Wailuku
Based on the median home price of $766,000 with 20% down ($153,200), here is what you can expect to pay monthly in Wailuku:
15-Year vs. 30-Year Mortgage in Wailuku
Choosing a 15-year mortgage in Wailuku at 6.07% instead of a 30-year at 6.85% would save you $510,480 in total interest over the life of the loan. However, your monthly payment would be $5,194 instead of $4,015 — an increase of $1,179 per month.
Calculate Your Wailuku 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 Wailuku
What are the current mortgage rates in Wailuku, HI?
As of March 2026, the average 30-year fixed mortgage rate in Wailuku, Hawaii is 6.85%, while the 15-year fixed rate is 6.07%. FHA loans average 6.55% and VA loans 6.3%. These rates are 0.2% above the national average of 6.65%.
How much is a monthly mortgage payment in Wailuku?
Based on the median home price of $766,000 with 20% down, the estimated monthly mortgage payment in Wailuku is $4,015 for principal and interest. Including property taxes of $179/month, the total monthly housing cost is approximately $4,194.
What income do I need to buy a home in Wailuku?
Using the 28% rule, you would need an annual income of approximately $179,743 to afford the median-priced home in Wailuku at $766,000. The median household income in Wailuku is $68,500. This means most households would need to either earn above the median or consider homes below $766,000.
Is Wailuku a good place to buy a home in 2026?
Wailuku has a higher cost of living than average with a cost of living index of 181.1 (national average = 100). The property tax rate in Hawaii is 0.28%, which is below the national average. Wailuku has a population of 17,697 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 Wailuku, Hawaii area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.