Calculate your monthly mortgage payment in Delaware. Pre-filled with Delaware's median home price of $340,000 and an average property tax rate of 0.57%.
Est. Monthly Payment
$2,296
Principal & Interest
$1,993
Property Tax / mo
$161
Total Interest Paid
$411,427
| Home Price | $340,000 | Median home price in Delaware (2025) |
| Down Payment | 10% ($34,000) | Typical down payment percentage |
| Loan Amount | $306,000 | Home price minus down payment |
| Interest Rate | 6.79% | Approximate 30-year fixed rate (2025 avg) |
| Loan Term | 30 years | Most common mortgage term |
| Property Tax | 0.57% / year | Delaware average effective rate |
| Home Insurance | 0.5% / year | Approximate annual premium |
DSHA Preferred Plus, Welcome Home DPA
Cost of living: Moderate · Population: 989,948
Delaware has a median home price of approximately $340,000, placing it below the national median. With a 10% down payment of $34,000, a typical buyer would finance $306,000 over 30 years. At a 6.79% fixed rate, the monthly principal and interest payment comes to $1,993.
Property taxes in Delaware average 0.57% of the assessed home value annually — one of the lower rates in the country. Combined with an estimated $142 for homeowners insurance, your all-in monthly housing cost is approximately $2,296.
Using the 28% housing cost guideline, you would need a gross annual income of approximately $98,394 to qualify comfortably. The median household income in Delaware is $69,110.
