Closing Costs in Hawaii (2026): What You'll Pay at the Table

What's Included in Hawaii Closing Costs

Breakdown on a $841,700 purchase with 6.4% rate

Estimates based on $841,700 purchase. Actual costs vary by lender, county, and loan type.

Closing Costs Calculator — Hawaii

Pre-loaded with Hawaii's transfer tax rate and median purchase price of $841,700

Hawaii Real Estate Transfer Tax

Transfer taxes are calculated on the sale price and paid at closing

Source: Hawaii revenue authority

Attorney at Closing: Not Required in Hawaii

Estimated Closing Costs by City in Hawaii

Based on each city's median price and Hawaii's closing cost rates

APR Calculator — True Cost of Your Loan

APR folds in closing costs so you can compare loans with different fee structures. Pre-loaded with Hawaii's median loan amount of $673,360 at 6.4%.

Should You Buy Points to Lower Your Rate?

Each point costs 1% of the loan ($6,734) and reduces your rate by roughly 0.25%. This calculator shows your break-even month.

How to Reduce Closing Costs in Hawaii

Mortgage Payment Calculator — Hawaii

After closing costs, here's what your monthly payment looks like on $841,700 in Hawaii

Frequently Asked Questions

What are average closing costs in Hawaii?

Closing costs in Hawaii average 2.50% of the purchase price. On the state median of $841,700, that's approximately $21,043. Hawaii ranks Above average — driven by high home prices rather than high rates; title insurance scales with price nationally. Source: ClosingCorp 2021 / Urban Institute 2025.

Does Hawaii have a real estate transfer tax?

Yes. Conveyance Tax: $0.10 per $100 on properties under $600K (0.10%); $0.20/$100 on $600K–$1M (0.20%); $0.30/$100 on $1M–$2M (0.30%); $1.00/$100 above $10M. Additional 0.10% surcharge on non-owner-occupied residential properties. Paid by seller. On a $841,700 home, the transfer tax alone is $1,683.

Is an attorney required to close on a home in Hawaii?

No — Hawaii does not require an attorney at closing. A title company or escrow officer handles the closing process. You may still choose to hire an attorney for contract review, which is optional.

What is title insurance and how much does it cost in Hawaii?

Title insurance protects the lender (and optionally you) against ownership disputes, liens, and title defects discovered after closing. In Hawaii, lender's title insurance averages $2,800. Owner's title insurance is separate and typically costs 0.5–1% of the purchase price. Unlike other insurance, it's a one-time premium paid at closing.

Can closing costs be rolled into the mortgage in Hawaii?

You cannot roll closing costs into a purchase mortgage — lenders fund only the home's purchase price. However, you can negotiate seller concessions (seller pays your closing costs), use a slightly higher rate in exchange for lender credits, or apply down payment assistance funds toward closing costs. On a $673,360 loan in Hawaii, 1 point of lender credit costs about $1,683/mo extra in payment.

When do I get the Closing Disclosure in Hawaii?

Federal law (TRID) requires your lender to provide the Closing Disclosure at least 3 business days before closing. It shows final loan terms, monthly payment, and itemized closing costs. Compare it carefully to your Loan Estimate — lenders are limited in how much certain fees can change between the two documents.

What closing costs are tax-deductible in Hawaii?

Most closing costs are not deductible. Exceptions: prepaid mortgage interest (the interest accrued between closing and your first payment), and mortgage points paid to buy down your rate may be deductible in the year paid or amortized over the loan term. Property taxes prepaid at closing are deductible up to the $10,000 SALT cap. Consult a tax professional for Hawaii-specific guidance.