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Hawaii Refinance Rates: FHA, 30Y, 20Y, ARMs

Author: Finance Editors

See current Hawaii Refinance fixed rates (30 Year, 20, 15, 10, FHA, VA and Jumbo), variable rates (10 year, 7, 5, 3), cash out rates, plus comparisons with national averages and lender types. Refinancing in Hawaii can help lower your monthly payment, shorten your loan term, or tap into equity with a cash-out refinance.

 
Updated: June 3, 2026
 

 
 

Hawaii Current Refinance Rates –

 

Find community-reported rates by Hawaii homeowners (rates are average APR).

 
  Credit Score Satisfaction
 720 - 850690 - 719620 - 689 
Nationally6.54%6.59%6.64%
Hawaii6.35%6.40%6.46%
Credit Unions5.95%6.00%6.16%8.4/10
Online lenders6.05%6.10%6.25%8.0/10
Banks6.35%6.40%6.46%7.7/10
30 year fixed6.35%6.40%6.46%
30 year fixed FHA7.69%7.74%7.79%
30 year fixed VA5.64%5.69%5.74%
30 year fixed Jumbo6.46%6.71%6.89%
20 year fixed6.45%6.50%6.55%
15 year fixed5.88%5.93%5.99%
10 year fixed5.57%5.62%5.67%
3 year ARM4.18%4.23%4.28%
5 year ARM6.40%6.45%6.50%
7 year ARM7.01%7.06%7.11%
10 year ARM6.25%6.30%6.35%
Satisfaction9.1/108.1/107.2/10 

Source: MFP’s Community Home Refinance Rates Survey of Hawaii homeowners members in the last 30 days.

 
 
 
 
 
 

Cash Out Refinance Rates in Hawaii –

 

Find community reported cash-out refinance rates by Hawaii homeowners (rates are average APR).

 
  Credit Score 
 720 - 850690 - 719620 - 689
Nationally6.66%6.79%6.91%
Hawaii6.48%6.60%6.73%
Credit Unions6.08%6.20%6.43%
Online lenders6.18%6.30%6.53%
Banks6.48%6.60%6.73%
30 year fixed6.48%6.60%6.73%
30 year fixed FHA7.81%7.94%8.06%
30 year fixed VA5.76%5.89%6.01%
30 year fixed Jumbo6.59%6.71%6.84%
20 year fixed6.58%6.70%6.83%
15 year fixed6.01%6.13%6.26%
10 year fixed5.70%5.82%5.95%
3 year ARM4.31%4.43%4.56%
5 year ARM6.53%6.65%6.78%
7 year ARM7.13%7.26%7.38%
10 year ARM6.38%6.50%6.63%

Source: MFP’s Community Home Refinance Rates Survey of Hawaii members in the last 30 days.

 
 
 
 
 
 

How Hawaii Compares to National Averages

 
  • Hawaii refinance rates (6.35% for best credit scores) are slightly below national averages (national average: 6.54%).
  • Credit unions are more competitive: In Hawaii, credit unions offer 6.20%, banks 6.45%, online lenders 6.30%.
  • Borrower satisfaction: Credit unions 8.7/10, Online lenders 8.4/10, Banks 8.1/10.
 

Refinance Options in Hawaii

 
  • 30-year Fixed: At 6.35% APR for excellent credit, Hawaii's most popular choice for stable long-term payments with predictable monthly costs
  • 30-year Fixed FHA: At 7.69% APR for excellent credit, government-backed programs with competitive terms and flexible qualification requirements
  • 30-year Fixed VA: At 5.64% APR for excellent credit, exclusive to eligible veterans and military members, featuring Hawaii's most competitive rates
  • 30-year Fixed Jumbo: At 6.46% APR for excellent credit, for high-value homes with competitive jumbo mortgage terms
  • 20-year Fixed: At 6.45% APR for excellent credit, a balanced option between shorter and longer terms with moderate payments
  • 15-year Fixed: At 5.88% APR for excellent credit, lower interest rates but higher monthly payments, ideal for building equity faster
  • 10-year Fixed: At 5.57% APR for excellent credit, the shortest fixed-term option with competitive rates for rapid equity building
  • Adjustable-rate mortgages (ARMs): Various terms including 3-year (4.18% APR), 5-year (6.40% APR), 7-year (7.01% APR), and 10-year (6.25% APR) options that start lower but may adjust upward after initial fixed period
 
 
 

Metro Area Rates

 
Metro / City 30-Year Fixed APR 15-Year Fixed APR
Honolulu 6.47% 5.94%
Hilo 6.46% 5.93%
Kahului 6.45% 5.92%
Online lenders 6.46% 5.93%

* APR Rates shown are for borrowers with the best credit scores. Click the city name to see community recommended lenders and ratings

 
 
 
 
 
 

Compare Lenders Rated by Hawaii Homeowners

 

Hawaii homeowners rated their refinance lenders on:

 
  • Ease of application
  • Rates and terms offered
  • Customer support and advice
  • Overall recommendation %
 

See the Best Mortgage Refinance Lenders in Hawaii

 
 
 

FAQs – Hawaii Refinance Rates

 

Are refinance rates lower in Hawaii than the U.S. average?

 

Hawaii averages slightly higher than the national benchmark, with best credit scores at 6.46% compared to the national 6.60%.

 

What’s the best credit score for refinancing in Hawaii?

 

Borrowers with scores above 720 typically access the lowest rates (around 6.46% for 30-year fixed).

 

Which lenders have the highest satisfaction in Hawaii?

 

Credit unions lead in borrower satisfaction at 8.5/10, followed by both banks and online lenders (8.0/10).

 
 
 

More Info for Hawaii Homeowners:

Home Refinance Calculator

Hawaii Best Refinance Lenders from Community recommendations

Hawaii Home Equity Loan & Hawaii HELOC Rates 

Loans Comparison Calculator: Heloc, Cash-Out, Home Equity, Renovation.

Hawaii Best Home Insurance from Community recommendations & Costs

More Resources for Hawaii Homeowners.