Delaware Mortgage Calculator 2026

Calculate your monthly mortgage payment for a home in Delaware (DE). The median home price in Delaware is $326,800, with an effective property tax rate of 0.53% (ranked #43 nationally). Use our free calculator to compare FHA, VA, USDA, and conventional loan options with real Delaware data.

Delaware Property Tax Information

Delaware has an effective property tax rate of 0.53%, ranking #43 among all 50 states. The median annual property tax is $1,731 ($144/month). Source: Tax Foundation 2025.

Delaware Loan Limits 2026

FHA loan limit in Delaware: $524,225 (floor) to $524,225 (ceiling for high-cost areas). Conforming loan limit: $806,500 (baseline) to $806,500 (ceiling).

Estimated Monthly Payment in Delaware

For a median-priced home of $326,800 with 20% down ($65,360), at 6.5% interest over 30 years: estimated monthly principal and interest is $1,652, plus $144 in property taxes and approximately $125 in homeowner's insurance, for a total estimated payment of approximately $1,921/month.

Delaware Closing Costs

Average closing costs in Delaware are $12,157 (2.99% of purchase price), ranked #3 nationally. Delaware charges a transfer tax on real estate transactions. Source: Bankrate/LodeStar 2025.

Delaware Housing Market 2026

Home prices in Delaware have increased 4.8% year-over-year. Average days on market: 30. Inventory level: low. Currently considered a seller's market.

Down Payment Assistance Programs in Delaware

Delaware offers 2 down payment assistance programs through Delaware State Housing Authority (DSHA):

  • Preferred Plus Program (forgivable loan): Forgivable after 10 years. Below-market interest rates available. - Up to Up to 5% of loan amount
  • First-Time Homebuyer Tax Credit (mcc): Federal income tax credit for portion of mortgage interest paid. - Up to Up to $2,000/year

Contact DSHA: https://www.destatehousing.com | Phone: 302-739-4263

Did You Know About Delaware?

  • Delaware has the highest closing costs as a percentage of home price (2.99%)
  • No state sales tax reduces overall cost of living
  • High transfer taxes of 4% split between buyer and seller
  • Beach communities command premium prices year-round

Frequently Asked Questions About Buying a Home in Delaware

What is the average property tax rate in Delaware?

The effective property tax rate in Delaware is 0.53%, with a median annual tax of $1,731. This ranks #43 among all states.

What are the FHA loan limits in Delaware for 2026?

The FHA loan floor in Delaware is $524,225 and the ceiling is $524,225 for high-cost areas. The conforming loan limit baseline is $806,500.

How much are closing costs in Delaware?

Average closing costs in Delaware are $12,157, which is approximately 2.99% of the purchase price.

Are there first-time homebuyer programs in Delaware?

Yes, Delaware offers 2 down payment assistance programs through Delaware State Housing Authority, including grants, forgivable loans, and second mortgages.

Is Delaware a good place to buy a home in 2026?

With a median home price of $326,800 and low inventory, Delaware is currently a seller's market. Home prices have increased 4.8% over the past year.

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Data last updated: 2025-11. This information is for educational purposes only and should not be considered financial advice.