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 | 5.625 | 5.719 | 5.76 | Your monthly cost |
| 30 Year | 1 | 5.375 | 5.558 | 5.60 | Your monthly cost |
| 20 Year | 0 | 5.625 | 5.750 | 6.95 | Your monthly cost |
| 20 Year | 1 | 5.375 | 5.622 | 6.81 | Your monthly cost |
| 15 Year | 0 | 5.375 | 5.531 | 8.10 | Your monthly cost |
| 15 Year | 1 | 5.000 | 5.307 | 7.91 | Your monthly cost |
| 10 Year | 0 | 5.375 | 5.597 | 10.79 | Your monthly cost |
| 10 Year | 1 | 5.000 | 5.438 | 10.61 | Your monthly cost |
| Year | 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 | 6.000 | 6.060 | 6.00 | Your monthly cost |
| 30 Year | 1 | 5.750 | 5.902 | 5.84 | Your monthly cost |
| 20 Year | 0 | 6.000 | 6.080 | 7.16 | Your monthly cost |
| 20 Year | 1 | 5.750 | 5.953 | 7.02 | Your monthly cost |
| 15 Year | 0 | 5.875 | 5.974 | 8.37 | Your monthly cost |
| 15 Year | 1 | 5.625 | 5.879 | 8.24 | 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 | 5.500 | 0 | 6.242 | For months 1 to 60, the payment per $1000 is $5.68. Based on the current index and margin, for months 61 to 360, the rate would be 5.875% and the payment per $1000 is $6.37. |
| 5/6 Jumbo ARM Caps: 2% initial, 1% every six months, 5% lifetime | 30 Years | 5.250 | 1 | 6.237 | For months 1 to 60, the payment per $1000 is $5.52. Based on the current index and margin, for months 61 to 360, the rate would be 5.875% and the payment per $1000 is $6.43. |
| 7/6 Jumbo ARM Caps: 5% initial, 1% every six months, 5% lifetime | 30 Years | 5.500 | 0 | 6.111 | For months 1 to 84, the payment per $1000 is $5.68. Based on the current index and margin, for months 85 to 360, the rate would be 5.875% and the payment per $1000 is $6.61. |
| 7/6 Jumbo ARM Caps: 5% initial, 1% every six months, 5% lifetime | 30 Years | 5.250 | 1 | 6.077 | For months 1 to 84, the payment per $1000 is $5.52. Based on the current index and margin, for months 85 to 360, the rate would be 5.875% and the payment per $1000 is $6.65. |
| 10/6 Jumbo ARM Caps: 5% initial, 1% every six months, 5% lifetime | 30 Years | 5.750 | 0 | 6.111 | For months 1-20, the payment per $1000 is $5.84. Based on the current index and margin, for months 121 to 360, the rate would be 5.875% and the payment per $1000 is $7.09. |
| 10/6 Jumbo ARM Caps: 5% initial, 1% every six months, 5% lifetime | 30 Years | 5.500 | 1 | 6.041 | For months 1 to 120, the payment per $1000 is $5.68. Based on the current index and margin, for months 121 to 360, the rate would be 5.875% and the payment per $1000 is $7.14. |
Payments shown do not include taxes or insurance. Your payments may be greater.
Rhode Island Housing, VA Loans & FHA Loans
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