Mortgage Calculator & Closing Costs: Kailua Kona, HI
Mortgage payment estimates, closing cost breakdowns, and homebuying data for Kailua Kona, Hawaii.
Median Home Price
$685K
Population
14K
Avg Monthly Rent
$2,150
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 Kona.
Kailua Kona vs Hawaii Median
The median home price in Kailua Kona is $685,000, which is 17% below the Hawaii state median of $830,000.
Mortgage Calculator — Kailua Kona, HI
Pre-filled with Kailua Kona median home price and Hawaii tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $685K home using Hawaii's 0.28% tax rate and $1,200/yr insurance.
5% Down
$4,753/mo
Down: $34,250
Loan: $651K
P&I: $4,113
Tax: $160
Insurance: $100
PMI: $380
10% Down
$4,516/mo
Down: $68,500
Loan: $617K
P&I: $3,897
Tax: $160
Insurance: $100
PMI: $360
20% Down (No PMI)
$3,724/mo
Down: $137,000
Loan: $548K
P&I: $3,464
Tax: $160
Insurance: $100
Income needed (28% rule): $160K/year with 20% down, $194K/year with 10% down.
Rent vs Buy in Kailua Kona
Rent
$2,150/mo
vs
Buy (10% down)
$4,516/mo
Price-to-rent ratio: 26.6 — At a ratio above 20, renting may be more economical in Kailua Kona for shorter stays. Buying costs $2,366 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 Kona is $685,000, 17% below the Hawaii state median of $830,000. With a population of 14,458, Kailua Kona is a smaller market where home prices tend to be more accessible than in many parts of Hawaii.
Property taxes in Hawaii average 0.28% annually. This low property tax rate is a significant advantage for Kailua Kona 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 Kona is $2,150/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 Kona is a higher-cost market. At $685K 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 Kona.