DE

Delaware Mortgage Calculator 2026

Delaware offers a compelling combination of low property taxes (0.57%), no state sales tax, and proximity to Philadelphia, Baltimore, and Washington D.C. The state has become increasingly popular with buyers priced out of Pennsylvania and New Jersey.

$330,000
Median Home Price
0.57%
Property Tax Rate
Low
7.25%
Avg 30-yr Rate
$2,050
Est. Monthly (PITI)

Calculate Your Delaware Mortgage Payment

Pre-filled with Delaware averages — adjust any value to match your situation.

= $66,000 down

Estimated Monthly Payment Breakdown

Based on $330,000 home price, 20% down, 30-year fixed at 7.25%.

Principal & Interest
$1,801/mo
Property Tax
$157/mo
Homeowners Insurance
$92/mo
Total (PITI)
$2,050/mo

Delaware Property Taxes & Income Tax

Delaware's 0.57% property tax rate is well below the national average — on a $330,000 home, about $157/month. There is no state sales tax. Income tax ranges from 2.2% to 6.6%. The Senior School Property Tax Credit provides additional relief for qualifying seniors.

Homestead Exemption availableDelaware offers a homestead exemption for owner-occupied primary residences, reducing your property tax bill.

Delaware Homeowners Insurance

🌊Flood Risk

Delaware Beach communities (Rehoboth, Dewey, Bethany) face flood and hurricane risk requiring NFIP flood insurance ($700–$1,500/year). Inland areas average $900–$1,300/year. Budget $75–$110/month.

Delaware Housing Market Overview

New Castle County (Wilmington, Newark, Middletown) benefits from proximity to Philadelphia and has attracted significant corporate presence. Kent and Sussex counties offer more affordable options and strong retiree demand. Delaware's small size makes cross-county commuting practical.

Frequently Asked Questions

What is the average mortgage payment in Delaware?

Based on Delaware's median home price of $330,000, a 20% down payment, and a 30-year fixed rate of 7.25%, the estimated total monthly payment (PITI) is approximately $2,050/month.

What is the conforming loan limit in Delaware?

The conforming loan limit in Delaware is $766,550. Loans above this amount are jumbo loans requiring stronger credit and larger down payments.

Can I get a USDA loan in Delaware?

Yes — Delaware has USDA-eligible rural areas where qualifying buyers can purchase a home with zero down payment. Use the USDA eligibility map to check specific addresses.

Are VA loans available in Delaware?

Yes — eligible veterans, active-duty service members, and surviving spouses can use VA loans in Delaware with no down payment and no PMI. The VA loan limit in Delaware is $766,550.

Delaware Loan Limits

Conventional$766,550
FHA$472,030
VANo limit (full entitlement)
Jumbo starts at$766,551

Delaware Homebuyer Programs

DSHA First-Time Homebuyer Program
Delaware State Housing Authority (DSHA)

Below-market interest rates and down payment assistance for first-time homebuyers in Delaware.

Learn more →

Loan Types Available

Conventional (30-yr, 15-yr, ARM)
FHA (3.5% down)
VA (0% down for veterans)
USDA (0% down, rural areas)

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See what you qualify for in Delaware with current rates.

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