Current Loan Rates at Washington Trust

Fixed Rate Mortgages (up to $647,200)

Product Term Points Rate APR* Monthly Payment** Payment Calculator
30 Year 0 5.125 5.206 5.44 Your monthly cost
20 Year 0 4.875 4.982 6.53 Your monthly cost
15 Year 0 4.750 4.885 7.78 Your monthly cost
10 Year 0 4.500 4.691 10.36 Your monthly cost
Year Your monthly cost

All rates effective as of March 24, 2022

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 40% downpayment and 0 points. Downpayment of less than 20% requires mortgage insurance. Property and flood insurance where required.

Jumbo Fixed Mortgage (over $647,200)

Product Term Points Rate APR* Monthly Payment** Payment Calculator
30 Year 0 5.125 5.175 5.44 Your monthly cost
20 Year 0 4.750 4.815 6.46 Your monthly cost
15 Year 0 4.750 4.833 7.78 Your monthly cost

All rates effective as of March 24, 2022

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 40% downpayment and 0 points. Downpayment of less than 20% requires mortgage insurance. Property and flood insurance where required.

Adjustable Rate Mortgage

Product TermTermRatePointsAPR*Monthly Payment**
5/6 Jumbo ARM
Caps: 2% initial, 1% every six months, 5% lifetime
30 years

4.375

03.856For months 1 to 60, the payment per $1000 is $4.99 Based on the current index and margin, for months 61 to 360, the rate would be 2.750% and the payment per $1000 is $4.61.
7/6 Jumbo ARM
Caps: 5% initial, 1% every six months, 5% lifetime
30 years4.50004.020For 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 2.750% and the payment per $1000 is $4.89.
10/6 Jumbo ARM
Caps: 5% initial, 1% every six months, 5% lifetime
30 years4.62504.250For months 1 to 120, the payment per $1000 is $5.14. Based on the current index and margin, for months 121 to 360, the rate would be 2.750% and the payment per $1000 is $5.42.
All rates effective as of May 20, 2022

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 30-day average SOFR. 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.

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