Hawaii Residential Real Estate Loan Rates

  • Effective as of April 1, 2020
  • For more information please contact us
  • APR = Annual Percentage Rate

Interest Rates are subject to change without notice and may vary based on your credit history, loan amount and/or property type. Actual APR on some loans may be higher based on loan amount and terms selected.

Owner Occupied First Mortgage: Single Family Residence

Loan Term Max Loan to Value Interest Rate APR
10 years a 95% 3.000% 3.627%
15 years b 95% 3.000% 3.430%
20 years c 95% 3.250% 3.586%
30 years d 95% 3.125% 3.362%

Owner Occupied Second Mortgage: Single Family Residence

Loan Term Max Loan to Value Interest Rate APR
Up to 7 years g 80% 6.750% 6.995%
Up to 15 years h 80% 7.750% 7.913%

Island Home

Loan Term Max Loan to Value Interest Rate APR
10 years e 80% 5.000% 5.898%
15 years f 80% 5.500% 6.141%

Home Equity Line First Mortgage

Loan Term Max Loan to Value Base
Interest Rate		 Rate Floor Rate Ceiling
7 year draw 80% Prime + 0.25% 5.00% 15.00%

Max Loan amount $500,000, No Loan Origination Fee. Current Prime Rate: 4.750%

Home Equity Line Second Mortgage

Loan Term Max Loan to Value Base
Interest Rate		 Rate Floor Rate Ceiling
7 year draw 70% Prime + 0.75% 5.00% 15.00%

Max Loan amount $300,000, No Loan Origination Fee. Current Prime Rate: 4.750%

Residential Land: Residential Lot or Small Tracts not for Development

 
Loan Term Max Loan to Value Interest Rate APR
8 years i 70% 6.850% 7.274%
12 years j 70% 7.350% 7.663%

Notes:

a

Assumes a 20% down payment on a loan amount of $200,000 and a minimum credit score of 740.
The monthly payment in this example is $1,931.21, which could change if reserves are held for insurance and/or taxes. Other risk based pricing factors may also affect the payment and APR.
b

Assumes a 20% down payment on a loan amount of $200,000 and a minimum credit score of 740.
The monthly payment in this example is $1,381.16, which could change if reserves are held for insurance and/or taxes. Other risk based pricing factors may also affect the payment and APR.
c

Assumes a 20% down payment on a loan amount of $200,000 and a minimum credit score of 740.
The monthly payment in this example is $1,134.39, which could change if reserves are held for insurance and/or taxes. Other risk based pricing factors may also affect the payment and APR.
d

Assumes a 20% down payment on a loan amount of $200,000 and a minimum credit score of 740.
The monthly payment in this example is $856.75, which could change if reserves are held for insurance and /or taxes. Other risk based pricing factors may also affect the payment and APR.
e

Assumes a 20% down payment on a loan amount of $200,000 and a minimum credit score of 740.
The monthly payment in this example is $2,121.31, which could change if reserves are held for insurance and/or taxes. Other risk based pricing factors may also affect the payment and APR.
f

Assumes a 20% down payment on a loan amount of $200,000 and a minimum credit score of 740.
The monthly payment in this example is $1,634.17, which could change if reserves are held for insurance and/or taxes. Other risk based pricing factors may also affect the payment and APR.
g

Assumes a 20% down payment on a loan amount of $50,000 and a minimum credit score of 740.
The monthly payment in this example is $748.54, which could change if reserves are held for insurance and/or taxes. Other risk based pricing factors may also affect the payment and APR.
h

Assumes a 20% down payment on a loan amount of $50,000 and a minimum credit score of 740.
The monthly payment in this example is $470.64, which could change if reserves are held for insurance and/or taxes. Other risk based pricing factors may also affect the payment and APR.
i

Assumes a 30% down payment on a loan amount of $50,000 and a minimum credit score of 740.
The monthly payment in this example is $677.96, which could change if reserves are held for insurance and/or taxes. Other risk based pricing factors may also affect the payment and APR.
j

Assumes a 30% down payment on a loan amount of $50,000 and a minimum credit score of 740.
The monthly payment in this example is $523.57, which could change if reserves are held for insurance and/or taxes. Other risk based pricing factors may also affect the payment and APR.

 MVFCU NMLS# 418470