Mortgage Calculator & Closing Costs: Pearl City, HI
Mortgage payment estimates, closing cost breakdowns, and homebuying data for Pearl City, Hawaii.
Median Home Price
$785K
Population
31K
Avg Monthly Rent
$2,350
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 Pearl City.
Pearl City vs Hawaii Median
The median home price in Pearl City is $785,000, which is 5% below the Hawaii state median of $830,000.
Mortgage Calculator — Pearl City, HI
Pre-filled with Pearl City median home price and Hawaii tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $785K home using Hawaii's 0.28% tax rate and $1,200/yr insurance.
5% Down
$5,432/mo
Down: $39,250
Loan: $746K
P&I: $4,714
Tax: $183
Insurance: $100
PMI: $435
10% Down
$5,161/mo
Down: $78,500
Loan: $707K
P&I: $4,466
Tax: $183
Insurance: $100
PMI: $412
20% Down (No PMI)
$4,253/mo
Down: $157,000
Loan: $628K
P&I: $3,969
Tax: $183
Insurance: $100
Income needed (28% rule): $182K/year with 20% down, $221K/year with 10% down.
Rent vs Buy in Pearl City
Rent
$2,350/mo
vs
Buy (10% down)
$5,161/mo
Price-to-rent ratio: 27.8 — At a ratio above 20, renting may be more economical in Pearl City for shorter stays. Buying costs $2,811 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 Pearl City is $785,000, 5% below the Hawaii state median of $830,000. With a population of 30,976, Pearl City 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 Pearl City 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 Pearl City is $2,350/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.
Pearl City is a higher-cost market. At $785K 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 Pearl City.