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Delaware County FHA Loan Calculator

Adjust the sliders to model your loan in real time. We have prefilled this page with local benchmark averages for Delaware County, Pennsylvania based on real HMDA transaction records.

Loan Details

Delaware County, PA Benchmarks

FHA averages
Typical Property Value$304,023
Average Down Payment12.5%
Average Interest Rate6.335%
Effective Tax Rate1.62%
Median Tax Paid$6,124/yr
Tax Growth (Historical)-1.0%
Based on 1,688 regional loans totaling $432,330,000 (HMDA database).
$
%

$38,003 down · $266,020 financed

%
yrs
$

Paid directly to principal

Payoff estimated June 2056

Local & Recurring Costs

%

$410 / month

$

Annual premium

$

Per month

%

$113 / month

Estimated Monthly Payment

$2,354/mo

  • Principal & Interest$1,681
  • Property Tax$410
  • Home Insurance$150
  • FHA MIP$113
Amortization · Remaining Balance

Financed Loan Amount

$270,675

Total Interest

$334,378

Total of Payments

$605,054

*Includes financed FHA Upfront MIP of $4,655

Local Market Insights

Delaware County FHA Mortgage Overview

For Delaware County homebuyers, the 12.47% average FHA down payment offers accessible entry, but note that FHA Mortgage Insurance Premiums (MIP) are required for the loan’s life, regardless of equity. With a high 87.53% loan-to-value ratio and 100% owner-occupancy, this market favors those with sub-620 credit. The 1.62% property tax rate and recent -1.0% inflation-adjusted tax shift slightly reduce monthly costs. When evaluating an FHA loan with PMI and taxes in Delaware County, PA, understand that the average property value of $304,022.51 and a 6.335% interest rate mean the down payment in Delaware County, Pennsylvania, is a key affordability lever. Use these insights to assess Delaware County FHA loan limits and property tax impacts.

Disclaimer: This calculator provides estimates for educational purposes only and does not constitute a loan offer or financial advice. Actual rates, taxes, insurance, and fees will vary.