Delaware Mortgage Calculator
Calculate your monthly payment in Delaware, with property tax included using the state's effective rate of 0.50%. See your full amortization schedule and analyze your loan structure.
Pick a state to use its property tax rate. With a keyboard, use the arrow keys and press Enter.
Estimated Monthly Payment
Estimates only. Does not include homeowners insurance, mortgage insurance (PMI), or HOA fees. Property tax uses the state's average effective rate and your actual bill may differ.
Yearly Amortization Schedule
| Year | Principal Paid | Interest Paid | Remaining Balance |
|---|---|---|---|
| 1 | $3,577 | $20,695 | $316,423 |
| 2 | $3,816 | $20,455 | $312,607 |
| 3 | $4,072 | $20,200 | $308,535 |
| 4 | $4,345 | $19,927 | $304,191 |
| 5 | $4,636 | $19,636 | $299,555 |
| 6 | $4,946 | $19,325 | $294,609 |
| 7 | $5,277 | $18,994 | $289,332 |
| 8 | $5,631 | $18,641 | $283,701 |
| 9 | $6,008 | $18,264 | $277,694 |
| 10 | $6,410 | $17,861 | $271,284 |
| 11 | $6,839 | $17,432 | $264,444 |
| 12 | $7,297 | $16,974 | $257,147 |
| 13 | $7,786 | $16,485 | $249,361 |
| 14 | $8,308 | $15,964 | $241,053 |
| 15 | $8,864 | $15,407 | $232,189 |
| 16 | $9,458 | $14,814 | $222,732 |
| 17 | $10,091 | $14,180 | $212,641 |
| 18 | $10,767 | $13,505 | $201,874 |
| 19 | $11,488 | $12,784 | $190,386 |
| 20 | $12,257 | $12,014 | $178,129 |
| 21 | $13,078 | $11,193 | $165,051 |
| 22 | $13,954 | $10,317 | $151,097 |
| 23 | $14,888 | $9,383 | $136,208 |
| 24 | $15,886 | $8,386 | $120,323 |
| 25 | $16,949 | $7,322 | $103,373 |
| 26 | $18,085 | $6,187 | $85,289 |
| 27 | $19,296 | $4,976 | $65,993 |
| 28 | $20,588 | $3,683 | $45,405 |
| 29 | $21,967 | $2,305 | $23,438 |
| 30 | $23,438 | $833 | $0 |
Property tax in Delaware: the numbers
Few states tax homes more lightly than Delaware does. Its effective property tax rate is 0.50%, 46% lower than the 0.92% national average, and it shares 42nd place with Tennessee when the 50 states are ranked from highest rate to lowest.
Looking at the median home in Delaware ($352,000), the median annual property tax is $1,768. Divided by twelve, that is about $147 each month.
| Effective property tax rate | 0.50% |
|---|---|
| Median home value | $352,000 |
| Median annual property tax | $1,768 |
| Rank by rate (1 = highest of 50) | 42 (tied with Tennessee) |
| Difference vs 0.92% national average | 0.42 points below (46% below) |
What this means for your monthly payment
Two worked examples for Delaware, using the figures above:
Example 1: the median home
$1,768 per year ÷ 12 = about $147 per month in property tax (median home value: $352,000).
Example 2: a $300,000 home
$300,000 × 0.50% ÷ 12 = about $125 per month, or $1,500 per year.
At the 0.92% national average rate, a $300,000 home would have about $2,760 in property tax per year. In Delaware it is about $1,500, which is $1,260 less per year (about $105 less per month).
Compare with similar states
States ranked just above and just below Delaware by effective property tax rate (1 = highest). States with the same rate are ordered by median annual tax.
Ranked just above (higher rate)
- Wyoming — 0.57% (rank 37)
- Louisiana — 0.55% (rank 38)
- Arkansas — 0.55% (rank 38)
- West Virginia — 0.53% (rank 40)
- Utah — 0.52% (rank 41)
Ranked just below (lower rate)
- Tennessee — 0.50% (rank 42)
- Idaho — 0.49% (rank 44)
- Colorado — 0.48% (rank 45)
- Arizona — 0.48% (rank 45)
- South Carolina — 0.48% (rank 45)
Delaware property tax FAQ
What is the property tax rate in Delaware?
The effective property tax rate in Delaware is 0.50%. That is 46% below the 0.92% national average, and the state shares 42nd place with Tennessee when the 50 states are ranked from highest rate to lowest.
How much is property tax on a $300,000 home in Delaware?
At Delaware's effective rate of 0.50%, property tax on a $300,000 home works out to about $1,500 per year, or about $125 per month. At the 0.92% national average, the same home would be about $2,760 per year, so Delaware is about $1,260 less per year.
How much is property tax on the median home in Delaware?
The median home value in Delaware is $352,000, and the median annual property tax is $1,768, which is about $147 per month.
Does the property tax rate vary inside Delaware?
Yes. Property taxes are set locally, so actual bills depend on your county, city, and exemptions. The 0.50% figure is a state-level estimate based on medians, not a rate that applies to every home.
Figures are estimates based on Census data and are not tax or financial advice. Actual bills depend on your local rates, assessed value and exemptions.
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates, as compiled by PropertyShark and PropertyTaxByState.