M
MortgageMath
Free mortgage calculators for every state

Mortgage Calculator &
Closing Costs: Waipahu, HI

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Waipahu, Hawaii.

Median Home Price
$695K
Population
38K
Avg Monthly Rent
$2,150
Property Tax Rate
0.28%
Waipahu vs Hawaii Median
The median home price in Waipahu is $695,000, which is 16% below the Hawaii state median of $830,000.

Mortgage Calculator — Waipahu, HI

Pre-filled with Waipahu median home price and Hawaii tax/insurance rates. Adjust for your property.

$
$139,000
%
%
years
HI avg
%
$
Monthly Payment (PITI)
$3,776
Principal + Interest + Tax + Insurance + PMI
Principal & Interest
$3,514
per month
Taxes & Insurance
$262
per month
Total Interest Paid
$709K
over 30 years
Total Loan Cost
$1.3M
all payments
Payment Breakdown
Loan Amount$556,000
Principal & Interest$3,514
Property Taxes$162
Homeowners Insurance$100
Total Monthly PITI$3,776

Closing Costs — Waipahu, HI

Estimated closing costs based on Hawaii rates and fees applied to Waipahu prices.

$
%
Hawaii: Avg closing costs 1.5% of price. Transfer tax: 0.2%.
Estimated Closing Costs
$15,788
2.3% of purchase price
Lender Fees
$5,429
origination, underwriting
Third-Party
$4,925
appraisal, title, inspection
Government Fees
$1,390
transfer taxes, recording
Prepaids + Escrow
$4,044
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$5,004
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$3,775
Recording Fee$150
Transfer Tax$1,390
Prepaid Taxes (3 mo)$487
Prepaid Insurance (12 mo)$1,200
Prepaid Interest (15 days)$1,671
Escrow Reserves$687
Total Closing Costs$15,788

Buying a Home in Waipahu, Hawaii

The median home price in Waipahu is $695,000, 16% below the Hawaii state median of $830,000. With a population of 38,216, Waipahu 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 Waipahu 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 Waipahu 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.

Waipahu is a higher-cost market. At $695K 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 Waipahu.
Rent vs Buy Calculator →
Explore all of Hawaii: Hawaii Mortgage Calculator & Closing Costs →

More Cities in Hawaii

Related Guides

The First-Time Buyer Playbook
Free weekly guide: mortgage tips, market updates, and money-saving strategies. No spam.