Home and mortgage

Delaware Mortgage Calculator

Your monthly mortgage payment in Delaware, with Delaware's effective property tax rate (0.50%) built in, at this week's average rate. The calculator starts at the state's median home value, $352,000.

Shows its working
Sources named below
Runs in your browser; nothing is stored

Your numbers

Home priceDown paymentInterest rateStarts at this week's national averageLoan termProperty taxA year, as a share of the price; about 1% is typical, varying widely by countyHome insurance a yearMortgage insurance (PMI)A year, on the loan, only below 20% downHOA dues a month

Monthly payment$2,221.58The answer

Monthly payment

$2,221.58

A $352,000 home with 20% down ($281,600 borrowed) at 7.18% over 30 years costs about $2,222 a month: $1,908 principal and interest plus $314 of tax, insurance and dues.

Principal and interest: $1,907.66
Tax, insurance, PMI and HOA: $313.92
Total interest over the loan: $405,156

Amortization by year: $281,600 at 7.18%

Year	Interest	Principal	Balance
1	$20,129.14	$2,762.74	$278,837.26
2	$19,924.11	$2,967.76	$275,869.50
3	$19,703.87	$3,188.00	$272,681.49
4	$19,467.29	$3,424.59	$269,256.90
5	$19,213.15	$3,678.73	$265,578.18
6	$18,940.15	$3,951.73	$261,626.45
7	$18,646.89	$4,244.99	$257,381.46
8	$18,331.87	$4,560.01	$252,821.45
9	$17,993.46	$4,898.41	$247,923.03
10	$17,629.95	$5,261.93	$242,661.10
11	$17,239.46	$5,652.42	$237,008.69
12	$16,819.99	$6,071.89	$230,936.80
13	$16,369.39	$6,522.49	$224,414.31
14	$15,885.35	$7,006.52	$217,407.79
15	$15,365.40	$7,526.48	$209,881.31
16	$14,806.85	$8,085.03	$201,796.28
17	$14,206.86	$8,685.02	$193,111.26
18	$13,562.34	$9,329.54	$183,781.72
19	$12,869.99	$10,021.89	$173,759.83
20	$12,126.26	$10,765.62	$162,994.21
21	$11,327.33	$11,564.55	$151,429.66
22	$10,469.12	$12,422.76	$139,006.91
23	$9,547.22	$13,344.66	$125,662.25
24	$8,556.91	$14,334.97	$111,327.28
25	$7,493.10	$15,398.78	$95,928.50
26	$6,350.35	$16,541.53	$79,386.97
27	$5,122.79	$17,769.09	$61,617.88
28	$3,804.14	$19,087.74	$42,530.14
29	$2,387.62	$20,504.25	$22,025.89
30	$865.99	$22,025.89	$0.00

Download the schedule (CSV)

This week's mortgage rates

Monthly payment in Delaware by home price (20% down, 7%, 30 years, 0.50% tax, $2,000 insurance)

Home price	Principal and interest	Property tax	Total
$180,000	$958	$75	$1,200
$260,000	$1,384	$109	$1,659
$350,000	$1,863	$146	$2,176
$530,000	$2,821	$222	$3,209
$700,000	$3,726	$293	$4,185

How this calculator works

As the mortgage calculator, with Delaware's effective property tax rate from the Census Bureau's American Community Survey 2020–2024 5-year estimates: median taxes $1,768 ÷ median value $352,000.

Questions people ask

What is the mortgage payment on a median home in Delaware?

On $352,000 with 20% down at 7% over 30 years: about $1,873 principal and interest and $147 of property tax, $2,187 a month with $2,000 a year of insurance.

What is the median home value in Delaware?

$352,000 for owner-occupied homes (Census American Community Survey 2020–2024 5-year estimates), against $332,700 nationally.

How much is property tax in Delaware?

The effective rate is 0.50%, a median $1,768 a year. See Delaware's property tax page for every county we cover.

How much income do I need for a median Delaware home?

Under the 28% guideline, about $93,746 a year for the payment above; Delaware's median household income is $84,954.

Related calculators

Sources

Updated Sep 30, 2026 by the RateHerald team. The maths is tested against worked examples; report a problem.