Current Rates at Washington Trust Mortgage Company Fixed

Fixed Rate Mortgages (up to $766,550)

Product Term Points Rate APR* Monthly Payment** Payment Calculator
30 Year 0 6.875 6.981 6.57 Your monthly cost
30 Year 1 6.500 6.701 6.32 Your monthly cost
20 Year 0 6.625 6.761 7.53 Your monthly cost
20 Year 1 6.375 6.637 7.38 Your monthly cost
15 Year 0 6.375 6.542 8.64 Your monthly cost
15 Year 1 6.000 6.322 8.44 Your monthly cost
10 Year 0 6.375 6.610 11.29 Your monthly cost
10 Year 1 6.000 6.456 11.10 Your monthly cost
Year Your monthly cost

Payments shown do not include taxes or insurance. Your payments may be greater.

All rates effective as of February 27, 2024

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 $766,550)

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 6.875 6.962 7.68 Your monthly cost
20 Year 1 6.625 6.840 7.53 Your monthly cost
15 Year 0 6.625 6.731 8.78 Your monthly cost
15 Year 1 6.375 6.640 8.64 Your monthly cost

Payments shown do not include taxes or insurance. Your payments may be greater.

All rates effective as of February 27, 2024

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 TermTermRatePointsAPRMonthly Payment**
5/6 Jumbo ARM
Caps: 2% initial, 1% every six months, 5% lifetime
30 Years 6.625 0 7.714 For months 1 to 60, the payment per $1000 is $6.40. Based on the current index and margin, for months 61 to 360, the rate would be 7.625% and the payment per $1000 is $7.47.
5/6 Jumbo ARM
Caps: 2% initial, 1% every six months, 5% lifetime
30 Years

6.250

1 7.653 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 7.625 % and the payment per $1000 is $7.53.
7/6 Jumbo ARM
Caps: 5% initial, 1% every six months, 5% lifetime
30 Years 6.875 0

7.639

For months 1 to 84, the payment per $1000 is $6.57. Based on the current index and margin, for months 85 to 360, the rate would be 7.625% and the payment per $1000 is $7.69.
7/6 Jumbo ARM
Caps: 5% initial, 1% every six months, 5% lifetime
30 Years

6.625

1

7.608

For months 1 to 84, the payment per $1000 is $6.40. Based on the current index and margin, for months 85 to 360, the rate would be 7.625% and the payment per $1000 is $7.72.
10/6 Jumbo ARM
Caps: 5% initial, 1% every six months, 5% lifetime
30 Years

6.875

0

7.427

For months 1 to 120, the payment per $1000 is $6.57. Based on the current index and margin, for months 121 to 360, the rate would be 7.625% and the payment per $1000 is $8.13.
10/6 Jumbo ARM
Caps: 5% initial, 1% every six months, 5% lifetime
30 Years

6.625

1 7.360 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 7.625% and the payment per $1000 is $8.18.

Payments shown do not include taxes or insurance. Your payments may be greater.

All rates effective as of February 27, 2024

These rates are for Rhode Island, Connecticut and Massachusetts properties.
*Annual Percentage Rate (APR) subject to change without notice.
**Per $1,000 Borrowed.
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.

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