Mortgage payment estimates, closing cost breakdowns, and homebuying data for Kailua, Hawaii.
Median Home Price
$1.1M
Population
41K
Avg Monthly Rent
$2,950
Property Tax Rate
0.28% *
* Property tax shown is the Hawaii state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Kailua.
Kailua vs Hawaii Median
The median home price in Kailua is $1,150,000, which is 39% above the Hawaii state median of $830,000.
Mortgage Calculator — Kailua, HI
Pre-filled with Kailua median home price and Hawaii tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $1.1M home using Hawaii's 0.28% tax rate and $1,200/yr insurance.
5% Down
$7,911/mo
Down: $57,500
Loan: $1.1M
P&I: $6,905
Tax: $268
Insurance: $100
PMI: $637
10% Down
$7,514/mo
Down: $115,000
Loan: $1.0M
P&I: $6,542
Tax: $268
Insurance: $100
PMI: $604
20% Down (No PMI)
$6,183/mo
Down: $230,000
Loan: $920K
P&I: $5,815
Tax: $268
Insurance: $100
Income needed (28% rule): $265K/year with 20% down, $322K/year with 10% down.
Rent vs Buy in Kailua
Rent
$2,950/mo
vs
Buy (10% down)
$7,514/mo
Price-to-rent ratio: 32.5 — At a ratio above 20, renting may be more economical in Kailua for shorter stays. Buying costs $4,564 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Kailua is $1,150,000, 39% above the Hawaii state median of $830,000. With a population of 40,514, Kailua is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Hawaii average 0.28% annually. This low property tax rate is a significant advantage for Kailua buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in Hawaii runs approximately $1,200 per year. This is within the normal range nationally.
Average rent in Kailua is $2,950/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Kailua is a higher-cost market. At $1.1M median, buyers need significant savings or strong income. Down payment assistance through Hawaii's HHFDC Hula Mae Program program becomes especially important.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Kailua.