Newark, DE mortgage calculator

Newark
Mortgage
Calculator

Newark, Delaware is home to the University of Delaware and a growing biotech and financial-services base. New Castle County's property tax rate applies here, below Wilmington's city rate but still elevated.

1.65% county property tax
Real local rates
No sign-up required
$
$
Interest rate6.48%
Monthly payment
$2,325
P&I · Taxes · Insurance
Total interest
$345,634
Principal & Interest$1,716/mo
Property Tax (1.65%)$468/mo
Homeowners Insurance$142/mo

Recommended for incomes above $100k/yr (28% DTI rule)

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1.65%
Newark area property tax rate
$340,000
Newark median home price
$2,325
est. monthly payment at defaults

Newark housing market

$340,000
Median home price
$60,000
Median household income
33,747
City population

The 1.65% property tax rate reflects the county-level effective rate for Newark and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Delaware average — county-level data produces more accurate monthly payment estimates for Newark buyers. Many Newark properties also carry HOA fees — the area average is approximately $150/month, which is not included in the calculator above.

Rate history

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