Washington Trust Mortgage Company

Fixed Rate Mortgages (up to $453,100)

Product Term Points Rate APR* Monthly Payment**
30 Year  0 4.875 4.954 5.29
20 Year
 0 4.750 4.856 6.46
15 Year  0 4.375 4.507 7.59
10 Year  0 4.750 4.944 10.48

 

All rates effective as of
These rates are for Rhode Island, Connecticut and Massachusetts properties.
*Annual Percentage Rate (APR) subject to change without notice.
**Per $1,000 Borrowed. Payments shown do not include taxes or insurance. Your payments may be greater.
Owner-occupied single family properties only. APR based on 25% downpayment and 0 points. Downpayment of less than 20% requires mortgage insurance. Property and flood insurance where required.

Jumbo Fixed Mortgage (over $453,101)

Product Term Points Rate APR* Monthly Payment**
30 Year  0 4.875 4.923 5.29
20 Year  0 4.750 4.815 6.46
15 Year  0 4.625 4.706 7.71
10 Year  0 4.500 4.615 10.36

 

All rates effective as of
These rates are for Rhode Island, Connecticut and Massachusetts properties.
*Annual Percentage Rate (APR) subject to change without notice.
**Per $1,000 Borrowed. Payments shown do not include taxes or insurance. Your payments may be greater.
Owner-occupied Rhode Island, Connecticut and Massachusetts single family properties only. APR based on 20% downpayment and 0 points. Downpayment of less than 20% requires mortgage insurance. Property and flood insurance where required.

 

Adjustable Rate Mortgage

Product Term Term Rate Points APR* Monthly Payment**
5/1 Jumbo ARM
Caps: 2% initial, 2% annual, 5% lifetime
30 years 4.000 0 4.910 For months 1 to 60, the payment per $1000 is $4.77 Based on the current index and margin, for months 61 to 360, the rate would be 4.000% and the payment per $1000 is $3.46
5/1 Agency ARM
Caps: 2% initial, 2% annual, 5% lifetime
30 years 4.375 0 5.078 For months 1 to 60, the payment per $1000 is $4.99Based on the current index and margin, for months 61 to 360, the rate would be $5.52
7/1 Jumbo ARM
Caps: 5% initial, 2% annual, 5% lifetime
30 years 4.125 0 4.813 For months 1 to 84, the payment per $1000 is $4.85.  Based on the current index and margin, for months 85 to 360, the rate would be 4.000% and the payment per $1000 is $3.30
7/1 Agency ARM
Caps: 5% initial, 2% annual, 5% lifetime
30 years 4.500 0 5.024

For months 1 to 84, the payment per $1000 is $5.07. Based on the current index and margin, for months 85 to 360, the rate would be 4.000% and the payment per $1000 is $5.50

 

10/1 Jumbo ARM
Caps: 5% initial, 2% annual, 5% lifetime
30 years 4.250 0 4.711 For months 1 to 120, the payment per $1000 is $4.92. Based on the current index and margin, for months 121 to 360, the rate would be 4.85% and the payment per $1000 is $3.04
10/1 Agency ARM
Caps: 5% initial, 2% annual, 5% lifetime
30 years 4.500 0 4.897

For months 1 to 120, the payment per $1000 is $5.07.  Based on the current index and margin, for months 121 to 360, the rate would be 4.99 and the payment per $1000 is $5.45

All rates effective as of
These rates are for Rhode Island, Connecticut and Massachusetts properties.
*Annual Percentage Rate (APR) subject to change without notice.
**Per $1,000 Borrowed. Payments shown do not include taxes or insurance. Your payments may be greater.
Index is the 1-year LIBOR. APR is variable and may increase after closing. Owner-occupied Rhode Island, Connecticut and Massachusetts single family properties only. APR based on 20% downpayment and 0 points. Downpayment of less than 20% requires mortgage insurance. Property and flood insurance where required. Subject to credit approval.

Washington Trust Mortgage Company LLC is a subsidiary of The Washington Trust Company, one of New England’s premier financial services companies. Please click here to visit The Washington Trust Company's complete list of loan rates including home equity loans and lines, car loans and more.