The 2022 Basic Allowance for Housing (BAH) rates took effect on January 1, 2022. For active duty military members moving to Hawaii in 2022, these are their monthly rates for housing. For service members already stationed in Hawaii, their BAH rate will be the higher of their current rate or the new 2022 BAH rates. Take a look at the new 2022 BAH rates below. Then continue reading to see the estimated purchase prices for condos or single family homes based on using one’s BAH for the monthly mortgage payment.

2022 BAH Rates for Honolulu County, Hawaii

Source: Defense Travel Management Office

GradeWith DependentsNo Dependents
E01$2,670$2,004
E02$2,670$2,004
E03$2,670$2,004
E04$2,670$2,004
E05$2,961$2,220
E06$3,081$2,412
E07$3,258$2,682
E08$3,456$2,991
E09$3,633$3,015
W01$3,093$2,574
W02$3,339$2,988
W03$3,582$3,021
W04$3,651$3,117
W05$3,732$3,300
O01E$3,297$2,961
O02E$3,546$3,012
O03E$3,660$3,072
O01$2,982$2,376
O02$3,078$2,865
O03$3,573$3,033
O04$3,756$3,270
O05$3,882$3,381
O06$3,912$3,567
O07$3,945$3,621

The 2022 BAH rates are based on the current local median market rent and average household utilities (including electricity, heat, and water/sewer) in each military housing area (MHA); and incorporate a five percent out-of-pocket amount.

2022 BAH to Purchase Price Conversion Matrices for Honolulu County

The BAH matrices below detail the estimated Condo Purchase Price and Single Family Dwelling (SFD) Purchase Price service members can afford using their monthly BAH rate solely as their mortgage payment at 3.00% interest rate.

Keep in mind, interest rates vary depending on several factors. and your VA Loan Specialist determines the current interest rate at the time of your purchase.

In addition, the estimated purchase prices in the BAH matrices do not reflect extra income (from employed spouses for example) in the monthly mortgage payment. Therefore, one’s pre-approval amount will vary depending on their debt-to-income ratio and additional income.

Get pre-approved to find out exactly what purchase price you can afford. Most importantly, there is no down payment requirement for VA buyers with full entitlement.

2022 BAH to Purchase Price Conversion Matrix With Dependents for Honolulu County

2022 BAH to Purchase Price Conversion Matrix With No Dependents for Honolulu County

*Download High Quality versions of the 2022 BAH Matrices for free HERE.

Next, contact Hawaii VA Loans at 808-792-4251 to talk with a VA Loan Specialist or fill out this secure online loan application. Once submitted, we’ll contact you.