Current Loan Rates at Washington Trust
Fixed Rate Mortgages (up to $832,750)
| Product Term | Points | Rate | APR* | Monthly Payment** | Payment Calculator |
|---|---|---|---|---|---|
| 30 Year | 0 | 7.375 | 7.486 | 6.91 | Your monthly cost |
| 30 Year | 1 | 7.250 | 7.463 | 6.82 | Your monthly cost |
| 20 Year | 0 | 7.375 | 7.519 | 7.98 | Your monthly cost |
| 20 Year | 1 | 7.000 | 7.272 | 7.75 | Your monthly cost |
| 15 Year | 0 | 6.875 | 7.048 | 8.92 | Your monthly cost |
| 15 Year | 1 | 6.625 | 6.957 | 8.78 | Your monthly cost |
| 10 Year | 0 | 6.875 | 7.117 | 11.55 | Your monthly cost |
| 10 Year | 1 | 6.625 | 7.092 | 11.42 | Your monthly cost |
Payments shown do not include taxes or insurance. Your payments may be greater.
These rates are for Rhode Island, Connecticut and Massachusetts properties.
*Annual Percentage Rate (APR) subject to change without notice.
**Per $1,000 Borrowed.
Owner-occupied single family properties only. APR based on 40% downpayment and 0 points. Downpayment of less than 20% requires mortgage insurance. Property and flood insurance where required.
Jumbo Fixed Mortgage (over $832,750)
| Product Term | Points | Rate | APR* | Monthly Payment** | Payment Calculator |
|---|---|---|---|---|---|
| 30 Year | 0 | 7.125 | 7.194 | 6.74 | Your monthly cost |
| 30 Year | 1 | 6.875 | 7.042 | 6.57 | Your monthly cost |
| 20 Year | 0 | 7.125 | 7.215 | 7.83 | Your monthly cost |
| 20 Year | 1 | 6.875 | 7.093 | 7.68 | Your monthly cost |
| 15 Year | 0 | 7.125 | 7.236 | 9.06 | Your monthly cost |
| 15 Year | 1 | 6.750 | 7.020 | 8.85 | Your monthly cost |
Payments shown do not include taxes or insurance. Your payments may be greater.
These rates are for Rhode Island, Connecticut and Massachusetts properties.
*Annual Percentage Rate (APR) subject to change without notice.
**Per $1,000 Borrowed.
Owner-occupied single family properties only. APR based on 40% 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** |
|---|---|---|---|---|---|
| 5/6 Jumbo ARM Caps: 2% initial, 1% every six months, 5% lifetime | 30 Years | 6.750 | 0 | 6.891 | For months 1 to 60, the payment per $1000 is $6.49. Based on the current index and margin, for months 61 to 360, the rate would be 6.125% and the payment per $1000 is $6.52. |
| 5/6 Jumbo ARM Caps: 2% initial, 1% every six months, 5% lifetime | 30 Years | 6.500 | 1 | 6.887 | For months 1 to 60, the payment per $1000 is $6.32. Based on the current index and margin, for months 61 to 360, the rate would be 6.125% and the payment per $1000 is $6.58. |
| 7/6 Jumbo ARM Caps: 5% initial, 1% every six months, 5% lifetime | 30 Years | 6.750 | 0 | 6.876 | For months 1 to 84, the payment per $1000 is $6.49. Based on the current index and margin, for months 85 to 360, the rate would be 6.125% and the payment per $1000 is $6.76. |
| 7/6 Jumbo ARM Caps: 5% initial, 1% every six months, 5% lifetime | 30 Years | 6.500 | 1 | 6.842 | For months 1 to 84, the payment per $1000 is $6.32. Based on the current index and margin, for months 85 to 360, the rate would be 6.125% and the payment per $1000 is $6.79. |
| 10/6 Jumbo ARM Caps: 5% initial, 1% every six months, 5% lifetime | 30 Years | 7.000 | 0 | 7.027 | For months 1-20, the payment per $1000 is $6.65. Based on the current index and margin, for months 121 to 360, the rate would be 6.125% and the payment per $1000 is $7.24. |
| 10/6 Jumbo ARM Caps: 5% initial, 1% every six months, 5% lifetime | 30 Years | 6.625 | 1 | 6.872 | For months 1 to 120, the payment per $1000 is $6.40. Based on the current index and margin, for months 121 to 360, the rate would be 6.125% and the payment per $1000 is $7.30. |
Payments shown do not include taxes or insurance. Your payments may be greater.
Rhode Island Housing, VA Loans & FHA Loans
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