Buying Hawaii Real Estate in the Military

I’m in the military, should I rent or buy in Hawaii?

Great question! This is a question that our clients ask us on a regular basis.

On this page, you’ll find information that will help you make the right decision.

Reasons to Buy

  • Sell for profit when you move.
  • Mortgage payment increase equity.
  • Rental income if you move.
  • Free to make any changes you like.
  • Tax deductions.
  • No rental renewal worries.
  • Monthly payments less than rent.

Reasons to Rent

  • Easier to move.
  • Landlord fixes problems.

Is your BAH going to your pocket or someone else’s?

Would you rather give your basic housing allowance to your landlord or pay it to yourself and build equity?

On the right you see a chart with BAH for those on the island of Oahu with dependents. This housing allowance is enough to use for rent and in most cases more than enough for monthly payments to purchase your own home.

If you decided to put your BAH into a new home, you can own a piece of paradise now and for years to come, and you’re mortgage payments will likely be less than rent.

Contact Shannon Severance at (808) 426-8772 to learn what properties are available that fit your BAH.

GradeWith DependentsWithout Dependents
E01 $2,208 $1,656
E02 $2,208 $1,656
E03 $2,208 $1,656
E04 $2,208 $1,656
E05 $2,274 $1,971
E06 $3,072 $2,304
E07 $3,129 $2,346
E08 $3,183 $2,433
E09 $3,285 $2,679
W01 $3,087 $2,316
W02 $3,153 $2,427
W03 $3,222 $2,706
W04 $3,309 $3,087
W05 $3,408 $3,132
O01E $3,138 $2,355
O02E $3,207 $2,628
O03E $3,321 $3,069
O01 $2,367 $2,136
O02 $3,063 $2,349
O03 $3,219 $2,784
O04 $3,444 $3,126
O05 $3,606 $3,156
O06 $3,639 $3,207
O07 $3,672 $3,279
GradeWith DependentsWithout Dependents
E01 $2,532 $1,992
E02 $2,532 $1,992
E03 $2,532 $1,992
E04 $2,532 $1,992
E05 $2,745 $2,202
E06 $3,015 $2,343
E07 $3,144 $2,541
E08 $3,282 $2,799
E09 $3,468 $2,880
W01 $3,027 $2,460
W02 $3,204 $2,796
W03 $3,375 $2,892
W04 $3,504 $3,045
W05 $3,654 $3,168
O01E $3,171 $2,745
O02E $3,345 $2,862
O03E $3,525 $3,009
O01 $2,778 $2,316
O02 $3,012 $2,673
O03 $3,366 $2,916
O04 $3,711 $3,150
O05 $3,954 $3,228
O06 $3,993 $3,360
O07 $4,026 $3,435
GradeWith DependentsWithout Dependents
E01 $1,938 $1,455
E02 $1,938 $1,455
E03 $1,938 $1,455
E04 $1,938 $1,455
E05 $2,007 $1,653
E06 $2,310 $1,875
E07 $2,376 $1,941
E08 $2,442 $2,070
E09 $2,493 $2,160
W01 $2,322 $1,923
W02 $2,406 $2,067
W03 $2,490 $2,172
W04 $2,496 $2,325
W05 $2,505 $2,382
O01E $2,388 $2,007
O02E $2,472 $2,139
O03E $2,499 $2,304
O01 $2,043 $1,869
O02 $2,307 $1,986
O03 $2,484 $2,199
O04 $2,508 $2,373
O05 $2,517 $2,409
O06 $2,541 $2,475
O07 $2,562 $2,532
GradeWith DependentsWithout Dependents
E01 $1,929 $1,587
E02 $1,929 $1,587
E03 $1,929 $1,587
E04 $1,929 $1,587
E05 $2,052 $1,725
E06 $2,457 $1,842
E07 $2,562 $1,935
E08 $2,673 $2,133
E09 $2,814 $2,256
W01 $2,469 $1,893
W02 $2,610 $2,130
W03 $2,745 $2,271
W04 $2,841 $2,481
W05 $2,952 $2,580
O01E $2,583 $2,052
O02E $2,721 $2,232
O03E $2,856 $2,451
O01 $2,100 $1,803
O02 $2,454 $2,013
O03 $2,739 $2,310
O04 $2,991 $2,565
O05 $3,168 $2,628
O06 $3,198 $2,730
O07 $3,225 $2,793
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