CALCMONEY // MORTGAGE // DE // MIDDLETOWN
Calculate your monthly mortgage payment using Middletown-specific property tax rates and local market data.
$360,000
6.9%
0.53%
107
| Principal & Interest | $1,897 |
| Property Tax | $159 |
| Homeowners Insurance (est.) | $120 |
| Total Monthly Payment (PITI) | $2,176 |
$72,000
$394,837
$93,247/yr
Middletown homebuyers are working with a $360,000 median price point, 14% below the national figure. Against the $82,000 median household income in the area, that's a 4.4x multiple.
At a 0.53% effective rate, Middletown property taxes add $159 to the monthly payment on the median home, $1,908 a year in total.
Unlike the nine no-income-tax states, Delaware taxes wage income. Worth running your actual take-home pay against the $2,176/month payment here before locking in a target price.
Day-to-day expenses in Middletown track at 107 against the national 100 baseline, above average once you look past the mortgage payment itself.
Middletown's median home price runs 22% higher than nearby Wilmington: $295,000 there versus $360,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $288,000 loan saves $12,960 in interest over 30 years.
Compare Top Middletown Mortgage Lenders