Mortgage Calculator

Check Today’s Mortgage Rates & Estimate Your Home Loan Payment

Are you ready to buy a home in Delaware or considering refinancing your current mortgage? Use our mortgage calculator to estimate your monthly payments and stay updated with our daily mortgage rates. Understanding your potential mortgage payments and staying informed about current interest rates are crucial first steps. We provide you with the tools and information you need to make informed decisions.

Current Mortgage Rates

Below are some of the current rates for various loan types in Delaware. Please note that these rates are subject to change and can vary based on your credit score, loan amount, and other factors. Contact us for a personalized rate quote.

Mortgage Calculator

Use the mortgage calculator below to estimate your monthly mortgage payments. Simply enter the following details:

• Home Value: The total price of the home you plan to purchase.
• Down Payment: The amount you plan to pay upfront.
• Loan Amount: The amount you want to borrow, excluding your downpayment.
• Interest Rate: The current interest rate (check the daily rates above).
• Loan Term: The length of the mortgage (e.g., 15, 20, or 30 years).
• Start Date: The estimated date that you want to buy your new home.
• Property Tax: The annual property tax amount.
• PMI: Private Mortgage Insurance (PMI) typically costs between 0.2% and 2% of the loan amount per year.
• Homeowners Insurance: The estimated annual cost of your homeowner’s insurance.
• Monthly HOA: These fees typically range from $200 to $300 per month, but can vary widely depending on the community’s amenities, services, and location.

Our calculator will provide you with an estimate of your monthly mortgage payment. This estimate helps you budget effectively and understand what you can afford.