Selling a Home in Hilo, Hawaii
Hilo sits in Hawaii County. Hawaii sellers pay a layered transfer tax — state, county, and (in some municipalities) a city-level tax on top. The calculator above applies the correct rates for Hilo automatically, alongside agent commissions, the owner's title insurance policy, attorney and escrow fees, and recording fees.
Hilo Transfer Tax & Closing Costs
Hawaii closings are handled by escrow companies and the conveyance tax is collected at recordation. The seller customarily pays the owner's title insurance policy and the full conveyance tax; escrow fees are split with the buyer. This calculator applies the higher (non-owner-occupant) bracket by default — if your buyer qualifies for a county homeowner's exemption, the actual conveyance tax line will be roughly 20–30% lower. Recording fees in Hawaii County are a small fixed cost at closing.
How to Estimate Your Hilo Net Proceeds
- Sale Price: Start with the agreed contract price for your Hilo property.
- Mortgage Payoff: Subtract your remaining loan balance and accrued interest.
- Transfer Taxes: Apply the state, county, and any city-level transfer tax.
- Closing Costs: Deduct commissions, owner's title insurance, attorney/escrow, and recording fees.
Hilo Net Proceeds = Sale Price − Mortgage Payoff − Commissions − Transfer Taxes − Closing Costs