Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Wilmington Mortgage Calculator

Estimate your true cost of homeownership in Wilmington with localized property taxes, insurance, and utility data.

← Back to Wilmington Hub
Est. Total Monthly Cost
$1,894
P&I Payment$1,517
Taxes & Ins$207
Utilities$169
Also calculate:FHA CalculatorVA Calculator

Next steps

Take this Wilmington scenario further — you stay anonymous.

Track this scenarioSave it to My Scenarios and watch the rate over timeFind lenders for this scenarioSee top-ranked local lenders and request quotes

Mortgage Details

$285,821
Local Median: $285,821
$57,164 (20%)
%

Used with your down payment to fetch a live, scenario-specific rate.

Local Area Costs

Monthly$1,894

Monthly Breakdown

Principal & Interest
$1,517
Property Taxes
$168
Homeowners Ins.
$39
Utilities
$169

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$317,615

Local Housing Facts for Wilmington

  • ·Median home value: $285,821 (adjusted for current market conditions)
  • ·Est. property taxes: $2,021/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $463/yr — based on local per-$1K premium rates
  • ·Energy utilities: $2,030/yr — sourced from DOE LEAD survey data
  • ·Flood insurance: optional — toggled off by default, estimate based on FEMA risk profile

Frequently Asked Questions

How much are property taxes in Wilmington?

Based on the local median home value, estimated real estate property taxes in Wilmington are around $2,021 per year.

What is the average home price in Wilmington?

The median home value in Wilmington is currently estimated at $285,821.

How much does homeowners insurance cost in Wilmington?

For a median priced home, homeowners insurance in Wilmington averages around $463 annually.

What is the true total cost of owning a home in Wilmington?

True homeownership costs go beyond principal and interest. In Wilmington, a typical homeowner with a median-priced home of $285,821 can expect to pay roughly $2,021/yr in property taxes, $463/yr for homeowners insurance, and $2,030/yr in energy utilities. That adds approximately $376 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.