Skip nav to main content.
Pearl Hawaii Credit Union
Android GET - On the App Store
Pearl Hawaii Credit Union
Apple GET - On the App Store

Refinance My Home

Refinance Your Home and Save

We'll help you get you a better deal on your home loan

HawaiiHomeLoan (2)
  • Does it make sense to refinance?

    Deciding if it makes sense to refinance your mortgage and home is always a big decision. Whether you want to lower your monthly payment, get a lower interest rate, shorten your term, or do a cash-out refinance, let Pearl Hawaii help you determine if refinancing can help you meet your goals.
    • Lower Your Interest Rate

    • Lower your Monthly Mortgage Payment

    • Cash-Out Refinance

    • Shorten Your Loan Term

    I refinanced my mortgage to Pearl Hawaii Federal Credit Union and not only did I get a lower rate and lower monthly payment, but I also was able to lessen the term of my loan by 5 years. The process was much quicker than my previous lendor. I am glad that I applied.

    – Jason

    Lower Your Interest Rate

    It’s not a bad idea to consider refinancing your mortgage when interest rates are low. Depending on the interest rate you are currently paying on your mortgage, you may want to refinance to not only save money and to lower your monthly mortgage payment.

    Lower your Monthly Mortgage Payment

    Money may be tight or perhaps you are looking to save money. Refinancing to a lower rate, longer-term, or if you want to do a modification, Pearl Hawaii can help.

    Cash-Out Refinance

    A cash-out refinance replaces your existing mortgage with a new home loan. Utilizing your existing equity, you can pull out a sum of money. Although you will owe more on your house, you can spend the additional cash-out amount on home improvements, debt consolidation, or other needs.

    Shorten Your Loan Term

    Although you may have chosen a 30-year mortgage loan, you may not want to wait that long to own your home. If you want to pay off your mortgage early, you can choose a shorter term like a 20 year mortgage to accomplish your goal.

  • Mortgage Loans

    Fixed Rate Term RatePointsAPR* As Low As Term (months)Payment Example Based on A-Tier rate of $100,000 Total PaymentsTotal Interest
    15 Year First Mortgage Owner Occupied5.625% 2.005.999% 180$823.73 $148,271.71 $50,652.60apply
    15 Year First Mortgage Owner Occupied 5.875% 0.005.934% 180$837.12 $150,681.33 $51,062.22apply
    15 Year Second Mortgage Owner Occupied6.000%2.006.378%180$843.86$151,894.23$54,275.12apply
    15 Year Second Mortgage Owner Occupied6.250%0.006.310% 180$857.42$154,336.12$54,717.01apply
    20 Year First Mortgage Owner Occupied 6.250%2.006.554%240$730.93$175,422.77$77,803.66apply
    20 Year First Mortgage Owner Occupied 6.600% 0.006.649% 240$751.47 $180,353.30$80,734.19apply
    20 Year Second Mortgage Owner Occupied6.625% 2.006.934% 240$752.95$180,708.11$83,089.00apply
    20 Year Second Mortgage Owner Occupied 6.975%0.007.024% 240$773.80$185,711.76 $86,092.65 apply
    30 Year Mortgage- Owner Occupied, First Liens6.375% 2.006.606% 360$623.87 $224,593.16 $126,974.05apply
    30 Year Mortgage- Owner Occupied, First Liens6.625% 0.006.662% 360$640.31$230,511.95$130,892.84 apply

    *Annual Percentage Rate (APR). Rates are subject to change without prior notice. The loan rates advertised are “A” Tier loan rates in our Multi-Tiered Loan Rate Program. Other rates and terms are available. Other terms, conditions, and restrictions may apply. Visit any of our branches for more information. May not be used for a business loan. The borrower must be 18 years of age or older. Rates are current as of 12/21/23.

    NMLS 472169. HELOC EARLY DISCLOSURE. Promotion is subject to change or cancellation without prior notice. Only improved residential properties on Oahu are accepted as collateral.

    Payment examples do not include possible fees, insurance, or closing costs that may occur and will range dependent on your situation.

    There are no pre-payment penalties or annual fees. Fees that may be incurred: application fee, title insurance fee, document preparation fee, SRA\appraisal fee, tax verification fee, trust review fee, recording fees, or flood verification fee.

    Closing cost fees incurred will be dependent on the amount borrowed and will vary based on the member’s situation. Average Closing Cost: $800.00-$1500.00 and may vary dependent on the personal financial situation. You must maintain broad form hazard insurance on the property, listing PHFCU as a loss payee.

    Maximum loan amount: $1,149,825.

    Monthly Payment

    Loan amount
    Rate (APR)
    Term (Months)

Feel confident at Pearl Hawaii

From the finest service to the latest tech, we've got your back in every possible way. At Pearl Hawaii, we are committed to providing you the most innovative products and services. From home or car loans and helping you with other banking services. Bank at any of our Oahu locations in Waipahu, Ewa Beach, Waianae, Honolulu, Pearl Harbor, or near the Airport. Additionally, you can bank using PHFCUOnline just like one of our branches. To contact us, call us at 808.737.4328, toll-free at 800.987.5583, or email us at