Calculate Your Delaware Mortgage Payment
Our calculator is pre-filled with Delaware's median home price and property tax rate. Adjust the numbers to match your situation.
Open Calculator with DE DefaultsMonthly Payment Breakdown for Delaware
Here's what your monthly payment looks like on the median Delaware home ($375,000) with 20% down at 6.5%:
Note: This estimate assumes 20% down payment ($75,000), no PMI. With less than 20% down, add $125-$250/month for PMI.
Delaware Property Taxes
Delaware's effective property tax rate is 0.53%, which is below the national average of 0.89%.
Annual Property Tax on $375,000 Home
$1,988
($166/month escrowed)
Buying a Home in Delaware: Key Facts
- Property tax rate of 0.53% is well below national average
- No sales tax in Delaware, reducing overall cost of living
- Northern Delaware has higher prices due to Philadelphia proximity
- DSHA offers specialized programs for teachers and public servants
Mortgage Calculators for Nearby States
Comparing homes across state lines? Check property taxes and home prices in neighboring states:
Delaware First-Time Homebuyer Programs
Delaware has 22 homebuyer assistance programs that can help with down payment and closing costs.
DSHA Homeownership Loan
Below-market interest rates for first-time buyers
Low-Interest MortgageDSHA Second Mortgage Assistance
Up to 4% of purchase price for down payment
Deferred LoanPreferred Plus Program
Up to 5% of mortgage as down payment assistance
Forgivable LoanEligibility requirements typically include income limits, credit score minimums (usually 620+), and homebuyer education courses. Visit DownPaymentResource.com to search for programs you may qualify for.
Major Cities in Delaware
Home prices and property taxes can vary significantly by city. The median home price of $375,000 is a statewide average.
Delaware Mortgage FAQ
What is the property tax rate in Delaware?
The average effective property tax rate in Delaware is 0.53%. On a $375,000 home, that's approximately $1,988 per year or $166 per month added to your mortgage payment.
What is the median home price in Delaware?
The median home price in Delaware is $375,000 as of January 2026. Prices vary by location - Wilmington and Dover typically have higher prices than rural areas.
Are there first-time homebuyer programs in Delaware?
Yes, Delaware has 22 homebuyer assistance programs. Popular options include DSHA Homeownership Loan, which offers below-market interest rates for first-time buyers.
How much do I need to buy a house in Delaware?
For the median Delaware home ($375,000), you'd need $75,000 for a 20% down payment, plus $11,250-$18,750 for closing costs. With down payment assistance, you could potentially buy with as little as $13,125 (3.5% FHA down payment).
Ready to Calculate?
Use our free mortgage calculator with Delaware property taxes pre-filled.
Calculate Your DE Mortgage Payment