Kahului FHA Loan Rates, Closing Costs & Stats
KAHULUI-WAILUKU-LAHAINA, HI
FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.
FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.
While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.
For additional requirements as defined by the FHA, click here.
Kahului's 29 lenders originated 104 FHA loans during 2023. The total origination value was $66,880,000, with an average FHA loan value of $643,077.
Kahului FHA Loans, 30 Year Fixed Rates
30 Year FHA mortgages in Kahului
averaged
5.93%
for the week of 2024-10-11, compared to the national average (all FHA variants) of
6.1% for the same period.
Kahului's average FHA mortgage closing costs are $16,265.
The average rate for the prior week (2024-10-04) was
5.85% and
one month ago for the week of 2024-09-06, the
average rate was 5.88%.
The average rate one year ago was 7.21%.
For refis of the same type during the week of 2024-10-11, the average rate
was 5.39%.
Kahului FHA Loan Lenders by Rates & Fees
The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Kahului level.
The top Kahului FHA lender as defined by loan originations is FREEDOM MORTGAGE CORPORATION, with
9 FHA loans originated. Their average total fees are
$27,323, which is $6,195
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Kahului FHA lenders (with over 10 loans originated) are
.
The lowest rate Kahului FHA lenders (with over 10 loans originated) are
.
Kahului FHA Loan Limits
Metro | County | Year | Single Family Limit | 2 Family Limit | 3 Family Limit | 4 Family Limit |
---|---|---|---|---|---|---|
KAHULUI-WAILUKU-LAHAINA, HI | MAUI | 2022 | $828,000 | $1,060,000 | $1,281,300 | $1,592,350 |
KAHULUI-WAILUKU-LAHAINA, HI | MAUI | 2023 | $977,500 | $1,251,400 | $1,512,650 | $1,879,850 |
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Kahului (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $838,225 (5.9%) | $1,589,889 (6.4%) | 3.11 | 1,251 |
2018-02-01 | $830,750 (6.5%) | $1,614,233 (9.1%) | 3.02 | 1,242 |
2018-03-01 | $820,000 (4.5%) | $1,633,754 (9.8%) | 2.88 | 1,215 |
2018-04-01 | $849,125 (9.0%) | $1,646,534 (9.8%) | 2.88 | 1,144 |
2018-05-01 | $849,450 (6.9%) | $1,661,746 (6.5%) | 2.84 | 1,068 |
2018-06-01 | $866,000 (10.2%) | $1,635,309 (10.4%) | 2.89 | 1,074 |
2018-07-01 | $890,250 (12.7%) | $1,634,344 (11.3%) | 2.97 | 1,093 |
2018-08-01 | $895,000 (12.9%) | $1,652,596 (8.9%) | 3.00 | 1,087 |
2018-09-01 | $875,000 (10.1%) | $1,588,293 (4.3%) | 2.94 | 1,045 |
2018-10-01 | $864,500 (9.9%) | $1,610,124 (9.2%) | 2.93 | 1,044 |
2018-11-01 | $887,000 (10.9%) | $1,711,463 (14.2%) | 3.01 | 1,047 |
2018-12-01 | $930,000 (13.8%) | $1,763,904 (13.7%) | 3.21 | 1,065 |
2019-01-01 | $934,950 (11.5%) | $1,777,342 (11.8%) | 3.23 | 1,098 |
2019-02-01 | $957,500 (15.3%) | $1,830,675 (13.4%) | 3.24 | 1,091 |
2019-03-01 | $953,643 (16.3%) | $1,943,498 (19.0%) | 3.12 | 1,085 |
2019-04-01 | $937,118 (10.4%) | $2,110,720 (28.2%) | 2.98 | 1,055 |
2019-05-01 | $939,225 (10.6%) | $2,136,396 (28.6%) | 2.94 | 1,018 |
2019-06-01 | $947,500 (9.4%) | $2,160,858 (32.1%) | 2.96 | 968 |
2019-07-01 | $944,500 (6.1%) | $2,233,206 (36.6%) | 2.96 | 947 |
2019-08-01 | $938,591 (4.9%) | $2,148,757 (30.0%) | 2.97 | 918 |
2019-09-01 | $928,977 (6.2%) | $2,034,619 (28.1%) | 2.97 | 880 |
2019-10-01 | $922,568 (6.7%) | $1,914,929 (18.9%) | 2.98 | 892 |
2019-11-01 | $925,000 (4.3%) | $1,835,773 (7.3%) | 3.03 | 976 |
2019-12-01 | $950,000 (2.2%) | $1,897,897 (7.6%) | 3.17 | 975 |
2020-01-01 | $980,000 (4.8%) | $1,935,259 (8.9%) | 3.27 | 959 |
2020-02-01 | $988,000 (3.2%) | $1,935,799 (5.7%) | 3.24 | 946 |
2020-03-01 | $949,750 (-0.4%) | $1,888,181 (-2.9%) | 2.98 | 950 |
2020-04-01 | $844,000 (-9.9%) | $1,687,368 (-20.1%) | 2.64 | 978 |
2020-05-01 | $825,000 (-12.2%) | $1,619,013 (-24.2%) | 2.51 | 981 |
2020-06-01 | $804,998 (-15.0%) | $1,611,101 (-25.4%) | 2.37 | 1,012 |
2020-07-01 | $797,000 (-15.6%) | $1,555,080 (-30.4%) | 2.31 | 1,061 |
2020-08-01 | $795,000 (-15.3%) | $1,544,645 (-28.1%) | 2.28 | 1,076 |
2020-09-01 | $764,500 (-17.7%) | $1,526,339 (-25.0%) | 2.19 | 1,105 |
2020-10-01 | $788,500 (-14.5%) | $1,660,273 (-13.3%) | 2.26 | 1,078 |
2020-11-01 | $812,000 (-12.2%) | $1,714,994 (-6.6%) | 2.37 | 1,064 |
2020-12-01 | $826,000 (-13.1%) | $1,743,554 (-8.1%) | 2.46 | 1,035 |
2021-01-01 | $838,000 (-14.5%) | $1,787,354 (-7.6%) | 2.50 | 922 |
2021-02-01 | $825,000 (-16.5%) | $1,886,639 (-2.5%) | 2.40 | 790 |
2021-03-01 | $835,000 (-12.1%) | $2,045,412 (8.3%) | 2.37 | 658 |
2021-04-01 | $895,000 (6.0%) | $2,241,336 (32.8%) | 2.42 | 530 |
2021-05-01 | $945,000 (14.6%) | $2,384,389 (47.3%) | 2.51 | 463 |
2021-06-01 | $1,079,750 (34.1%) | $2,392,234 (48.5%) | 2.80 | 427 |
2021-07-01 | $1,150,000 (44.3%) | $2,542,773 (63.5%) | 3.03 | 375 |
2021-08-01 | $1,212,500 (52.5%) | $2,685,286 (73.8%) | 3.23 | 336 |
2021-09-01 | $1,195,000 (56.3%) | $2,483,186 (62.7%) | 3.19 | 341 |
2021-10-01 | $1,195,000 (51.6%) | $2,432,895 (46.5%) | 3.19 | 345 |
2021-11-01 | $1,262,500 (55.5%) | $2,431,088 (41.8%) | 3.38 | 316 |
2021-12-01 | $1,237,250 (49.8%) | $2,563,000 (47.0%) | 3.35 | 340 |
2022-01-01 | $1,276,500 (52.3%) | $2,836,188 (58.7%) | 3.45 | 347 |
2022-02-01 | $1,295,000 (57.0%) | $2,835,087 (50.3%) | 3.37 | 360 |
2022-03-01 | $1,272,500 (52.4%) | $2,852,691 (39.5%) | 3.19 | 350 |
2022-04-01 | $1,299,000 (45.1%) | $2,776,294 (23.9%) | 3.10 | 345 |
2022-05-01 | $1,312,500 (38.9%) | $2,464,038 (3.3%) | 3.00 | 376 |
2022-06-01 | $1,397,000 (29.4%) | $2,584,764 (8.1%) | 3.11 | 431 |
2022-07-01 | $1,375,000 (19.6%) | $2,522,679 (-0.8%) | 3.10 | 488 |
2022-08-01 | $1,324,500 (9.2%) | $2,541,472 (-5.4%) | 3.06 | 504 |
2022-09-01 | $1,424,875 (19.2%) | $2,597,748 (4.6%) | 3.33 | 449 |
2022-10-01 | $1,395,000 (16.7%) | $2,505,145 (3.0%) | 3.28 | 426 |
2022-11-01 | $1,330,000 (5.4%) | $2,513,973 (3.4%) | 3.20 | 461 |
2022-12-01 | $1,315,000 (6.3%) | $2,588,488 (1.0%) | 3.25 | 496 |
2023-01-01 | $1,395,000 (9.3%) | $2,724,782 (-3.9%) | 3.46 | 515 |
2023-02-01 | $1,395,000 (7.7%) | $2,725,509 (-3.9%) | 3.37 | 524 |
2023-03-01 | $1,407,000 (10.6%) | $2,837,390 (-0.5%) | 3.32 | 504 |
2023-04-01 | $1,398,500 (7.7%) | $2,830,669 (2.0%) | 3.25 | 495 |
2023-05-01 | $1,395,000 (6.3%) | $2,811,173 (14.1%) | 3.16 | 477 |
2023-06-01 | $1,395,000 (-0.1%) | $2,799,353 (8.3%) | 3.13 | 471 |
2023-07-01 | $1,395,000 (1.5%) | $2,870,005 (13.8%) | 3.17 | 490 |
2023-08-01 | $1,422,000 (7.4%) | $2,890,842 (13.8%) | 3.27 | 445 |
2023-09-01 | $1,350,000 (-5.3%) | $2,647,826 (1.9%) | 3.14 | 436 |
2023-10-01 | $1,324,500 (-5.1%) | $2,467,771 (-1.5%) | 3.12 | 478 |
2023-11-01 | $1,372,500 (3.2%) | $2,521,360 (0.3%) | 3.27 | 519 |
2023-12-01 | $1,375,000 (4.6%) | $2,539,970 (-1.9%) | 0.00 | 616 |
2024-01-01 | $1,435,000 (2.9%) | $2,648,147 (-2.8%) | 0.00 | 635 |
2024-02-01 | $1,412,500 (1.3%) | $2,603,412 (-4.5%) | 0.00 | 678 |
2024-03-01 | $1,425,000 (1.3%) | $2,543,851 (-10.4%) | 0.00 | 749 |
2024-04-01 | $1,399,500 (0.1%) | $2,473,169 (-12.6%) | 0.00 | 797 |
2024-05-01 | $1,359,660 (-2.5%) | $2,377,648 (-15.4%) | 0.00 | 885 |
2024-06-01 | $1,277,000 (-8.5%) | $2,323,490 (-17.0%) | 0.00 | 1,014 |
2024-07-01 | $1,263,500 (-9.4%) | $2,311,499 (-19.5%) | 0.00 | 1,056 |
2024-08-01 | $1,247,000 (-12.3%) | $2,269,075 (-21.5%) | 0.00 | 1,087 |
2024-09-01 | $1,195,000 (-11.5%) | $2,164,249 (-18.3%) | 0.00 | 1,063 |
Kahului's median listing price comes in at 0% of the national average.
Kahului's average listing price for 2024-09-01 was $2,164,249, a difference of $-483,577 (-18.3%) versus the prior year and $-104,826 versus the prior month.
For the 2024-09-01 period, Kahului had 1,063 MLS listings, a difference of -24 listings (-2%) versus the prior month and 627 listings (144%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Kahului (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 82 days | 1,334 sqft |
2018-02-01 | 87 days | 1,308 sqft |
2018-03-01 | 88 days | 1,313 sqft |
2018-04-01 | 96 days | 1,324 sqft |
2018-05-01 | 102 days | 1,319 sqft |
2018-06-01 | 107 days | 1,313 sqft |
2018-07-01 | 98 days | 1,396 sqft |
2018-08-01 | 95 days | 1,394 sqft |
2018-09-01 | 103 days | 1,389 sqft |
2018-10-01 | 99 days | 1,416 sqft |
2018-11-01 | 97 days | 1,422 sqft |
2018-12-01 | 80 days | 1,467 sqft |
2019-01-01 | 74 days | 1,409 sqft |
2019-02-01 | 79 days | 1,402 sqft |
2019-03-01 | 84 days | 1,394 sqft |
2019-04-01 | 90 days | 1,401 sqft |
2019-05-01 | 96 days | 1,406 sqft |
2019-06-01 | 100 days | 1,369 sqft |
2019-07-01 | 93 days | 1,392 sqft |
2019-08-01 | 89 days | 1,421 sqft |
2019-09-01 | 88 days | 1,463 sqft |
2019-10-01 | 87 days | 1,447 sqft |
2019-11-01 | 75 days | 1,391 sqft |
2019-12-01 | 79 days | 1,387 sqft |
2020-01-01 | 83 days | 1,389 sqft |
2020-02-01 | 83 days | 1,422 sqft |
2020-03-01 | 86 days | 1,385 sqft |
2020-04-01 | 80 days | 1,240 sqft |
2020-05-01 | 87 days | 1,197 sqft |
2020-06-01 | 92 days | 1,144 sqft |
2020-07-01 | 88 days | 1,103 sqft |
2020-08-01 | 82 days | 1,080 sqft |
2020-09-01 | 75 days | 1,036 sqft |
2020-10-01 | 82 days | 1,052 sqft |
2020-11-01 | 88 days | 1,083 sqft |
2020-12-01 | 102 days | 1,092 sqft |
2021-01-01 | 102 days | 1,051 sqft |
2021-02-01 | 93 days | 1,014 sqft |
2021-03-01 | 85 days | 1,023 sqft |
2021-04-01 | 66 days | 1,071 sqft |
2021-05-01 | 60 days | 1,206 sqft |
2021-06-01 | 53 days | 1,373 sqft |
2021-07-01 | 52 days | 1,495 sqft |
2021-08-01 | 61 days | 1,581 sqft |
2021-09-01 | 47 days | 1,562 sqft |
2021-10-01 | 50 days | 1,440 sqft |
2021-11-01 | 46 days | 1,332 sqft |
2021-12-01 | 41 days | 1,515 sqft |
2022-01-01 | 50 days | 1,578 sqft |
2022-02-01 | 46 days | 1,555 sqft |
2022-03-01 | 46 days | 1,580 sqft |
2022-04-01 | 48 days | 1,488 sqft |
2022-05-01 | 48 days | 1,459 sqft |
2022-06-01 | 47 days | 1,457 sqft |
2022-07-01 | 50 days | 1,445 sqft |
2022-08-01 | 66 days | 1,457 sqft |
2022-09-01 | 77 days | 1,518 sqft |
2022-10-01 | 78 days | 1,532 sqft |
2022-11-01 | 68 days | 1,494 sqft |
2022-12-01 | 64 days | 1,465 sqft |
2023-01-01 | 66 days | 1,540 sqft |
2023-02-01 | 74 days | 1,500 sqft |
2023-03-01 | 79 days | 1,470 sqft |
2023-04-01 | 75 days | 1,454 sqft |
2023-05-01 | 73 days | 1,437 sqft |
2023-06-01 | 72 days | 1,442 sqft |
2023-07-01 | 73 days | 1,464 sqft |
2023-08-01 | 81 days | 1,394 sqft |
2023-09-01 | 74 days | 1,347 sqft |
2023-10-01 | 63 days | 1,292 sqft |
2023-11-01 | 64 days | 1,295 sqft |
2023-12-01 | 0 days | 1,188 sqft |
2024-01-01 | 0 days | 1,165 sqft |
2024-02-01 | 0 days | 1,188 sqft |
2024-03-01 | 0 days | 1,178 sqft |
2024-04-01 | 0 days | 1,133 sqft |
2024-05-01 | 0 days | 1,066 sqft |
2024-06-01 | 0 days | 1,056 sqft |
2024-07-01 | 0 days | 1,060 sqft |
2024-08-01 | 0 days | 1,036 sqft |
2024-09-01 | 0 days | 1,025 sqft |
Kahului's median square footage for active listings during the 2024-09-01 period was 1,025 sqft. One year prior, the average listing was 1,347 sqft.