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 | 6.990 | 7.097 | 6.65 | Your monthly cost |
| 30 Year | 1 | 6.750 | 6.955 | 6.49 | Your monthly cost |
| 20 Year | 0 | 6.875 | 7.014 | 7.68 | Your monthly cost |
| 20 Year | 1 | 6.625 | 6.891 | 7.53 | Your monthly cost |
| 15 Year | 0 | 6.375 | 6.542 | 8.64 | Your monthly cost |
| 15 Year | 1 | 6.125 | 6.449 | 8.51 | Your monthly cost |
| 10 Year | 0 | 6.500 | 6.737 | 11.35 | Your monthly cost |
| 10 Year | 1 | 6.125 | 6.583 | 11.16 | 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 | 6.625 | 6.690 | 6.40 | Your monthly cost |
| 30 Year | 1 | 6.375 | 6.535 | 6.24 | Your monthly cost |
| 20 Year | 0 | 6.625 | 6.710 | 7.53 | Your monthly cost |
| 20 Year | 1 | 6.375 | 6.586 | 7.38 | Your monthly cost |
| 15 Year | 0 | 6.875 | 6.984 | 8.92 | Your monthly cost |
| 15 Year | 1 | 6.500 | 6.766 | 8.71 | 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 | 6.500 | 0 | 6.639 | 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 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 | 6.250 | 1 | 6.635 | For months 1 to 60, the payment per $1000 is $6.16. 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 | 6.375 | 0 | 6.559 | For months 1 to 84, the payment per $1000 is $6.24. 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 | 6.125 | 1 | 6.525 | For months 1 to 84, the payment per $1000 is $6.08. Based on the current index and margin, for months 85 to 360, the rate would be 5.875% and the payment per $1000 is $6.64. |
| 10/6 Jumbo ARM Caps: 5% initial, 1% every six months, 5% lifetime | 30 Years | 6.625 | 0 | 6.690 | For months 1-20, the payment per $1000 is $6.40. 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 | 6.250 | 1 | 6.536 | For months 1 to 120, the payment per $1000 is $6.16. Based on the current index and margin, for months 121 to 360, the rate would be 5.875% and the payment per $1000 is $7.16. |
Payments shown do not include taxes or insurance. Your payments may be greater.
Rhode Island Housing, VA Loans & FHA Loans
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