Calculate your monthly mortgage payment in Delaware. Pre-filled with Delaware's typical home value of $406,100 (Zillow Home Value Index, August 2026) and an effective property tax rate of 0.47% (Census ACS 2024 1-year, median taxes ÷ median home value).
Est. Monthly Payment
$2,496
Principal & Interest
$2,168
Property Tax / mo
$159
Total Interest Paid
$455,594
| Home Price | $406,100 | Typical home value in Delaware — Zillow Home Value Index, August 2026 |
| Down Payment | 20% ($81,220) | Assumption — no sourced state average |
| Loan Amount | $324,880 | Home price minus down payment |
| Interest Rate | 7.03% | Freddie Mac PMMS national average, week of 2026-09-24 — not a Delaware rate |
| Loan Term | 30 years | Assumption |
| Property Tax | 0.47% / year | Delaware effective rate — Census ACS 2024 1-year, median taxes ÷ median home value |
| Home Insurance | 0.5% / year | Assumption — not a sourced premium |
Programs named for Delaware: DSHA Preferred Plus, Welcome Home DPA. This list has no recorded source or date and may be out of date — confirm current programs and eligibility with the Delaware housing finance agency before you rely on it.
Cost of living: High (index 100.6, MERIC (C2ER index), Second Quarter 2026) · Population: 1,059,952 (Census Bureau estimate, July 1, 2025)
Delaware has a typical home value of about $406,100 (Zillow Home Value Index, August 2026), above the U.S. typical value of $368,700. With an assumed 20% down payment of $81,220, a buyer would finance $324,880 over 30 years. At the national 7.03% fixed rate, the monthly principal and interest payment comes to $2,168.
The effective property tax rate in Delaware — median real estate taxes paid divided by median home value — is 0.47% per year (Census ACS 2024 1-year, median taxes ÷ median home value), against 0.89% for the U.S. Combined with an assumed $169 a month for homeowners insurance, the estimated all-in monthly housing cost is about $2,496.
Using the 28% housing cost guideline, you would need a gross annual income of approximately $106,971 to qualify comfortably. The median household income in Delaware is $87,534 (Census ACS 2024 1-year).
