Delaware Mortgage Calculator 2026 — Monthly Payment Estimator
Last updated: April 2026 · Source: Zillow, Freddie Mac, Tax Foundation
Quick Answer
The average monthly mortgage payment in Delaware is $2,005 for a $340K home with 10% down at the current 6.85% 30-year rate (principal + interest only). Add $162/mo property tax and $100/mo insurance for total PITI.
Delaware Housing & Mortgage Data
| Median Home Price | $340,000 |
| 30-Year Fixed Rate | 6.85%(State average, Apr 2026) |
| Property Tax Rate | 0.57%(Effective rate) |
| Avg HO Insurance | $1,200/yr ($100/mo) |
| Typical Down Payment | 10% ($34,000) |
| Median Household Income | $68,000/yr |
| Principal + Interest (P&I) | $2,005/mo |
| Property Tax (escrow) | $162/mo |
| Homeowners Insurance | $100/mo |
| Total PITI Payment | $2,267/mo(Excludes PMI) |
Key Facts for Delaware
- ✓Delaware median home price is $340,000 as of 2026
- ✓30-year fixed mortgage rates in Delaware average 6.85%
- ✓Property taxes in Delaware are 0.57% — below the national average of 1.10%
- ✓Homeowners insurance averages $1,200/year in Delaware
- ✓A household earning $85,000/year can typically afford the median Delaware home
More Delaware Calculators
Frequently Asked Questions — Mortgage Calculator in Delaware
- What is the average mortgage payment in Delaware?
- The average monthly mortgage payment (principal + interest) in Delaware is approximately $2,005 for a $306,000 loan at 6.85% over 30 years. Adding property tax ($162/mo) and homeowners insurance ($100/mo) brings total PITI to about $2,267/month.
- What credit score do I need for a mortgage in Delaware?
- Most Delaware lenders require a minimum 620 credit score for conventional loans and 580 for FHA loans (with 3.5% down). For the best rates in Delaware, aim for 740+. A higher score can reduce your rate by 0.5–1.0%, saving $45,900 over the life of a 30-year loan.
- How much down payment is required to buy a home in Delaware?
- You can buy a home in Delaware with as little as 0% down (VA, USDA loans for eligible buyers), 3% down (conventional), or 3.5% down (FHA). On the Delaware median home price of $340,000, a 20% down payment is $68,000 and lets you avoid PMI. Delaware also has state-level down payment assistance programs for first-time buyers.
- What are current mortgage rates in Delaware?
- Current 30-year fixed mortgage rates in Delaware average 6.85% as of April 2026. 15-year fixed rates are typically 0.5–0.75% lower. Rates vary by lender, credit score, and loan-to-value ratio. Compare at least 3–5 lenders to ensure you get the best Delaware mortgage rate.
- What is the property tax rate in Delaware?
- Delaware's effective property tax rate is 0.57%. On the Delaware median home value of $340,000, annual property taxes are approximately $1,938 ($162/month). Property taxes in Delaware are typically escrowed in your monthly mortgage payment.