Current Rates at Washington Trust Mortgage Company Fixed

Fixed Rate Mortgages (up to $726,200)

Product Term Points Rate APR* Monthly Payment** Payment Calculator
30 Year 0 5.990 6.078 5.99 Your monthly cost
30 Year 1 5.625 5.803 5.76 Your monthly cost
20 Year 0 5.750 5.866 7.02 Your monthly cost
20 Year 1 5.375 5.611 6.81 Your monthly cost
15 Year 0 5.375 5.517 8.10 Your monthly cost
15 Year 1 4.875 5.166 7.84 Your monthly cost
10 Year 0 5.375 5.577 10.79 Your monthly cost
10 Year 1 4.875 5.291 10.55 Your monthly cost

All rates effective as of January 18, 2023

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 $726,200)

Product Term Points Rate APR* Monthly Payment** Payment Calculator
30 Year 0 5.875 5.930 5.92 Your monthly cost
30 Year 0.5 5.750 5.850 5.84 Your monthly cost
20 Year 0 5.500 5.570 6.88 Your monthly cost
20 Year 0.5 5.375 5.506 6.81 Your monthly cost
15 Year 0 5.250 5.337 8.04 Your monthly cost
15 Year 0.5 5.125 5.288 7.97 Your monthly cost

All rates effective as of January 18, 2023

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 TermTermRatePointsAPRMonthly Payment**
5/6 Jumbo ARM
Caps: 2% initial, 1% every six months, 5% lifetime
30 Years 5.000 0 6.400 For months 1 to 60, the payment per $1000 is $5.37. Based on the current index and margin, for months 61 to 360, the rate would be 6.500% and the payment per $1000 is $6.75.
5/6 Jumbo ARM
Caps: 2% initial, 1% every six months, 5% lifetime
30 Years 4.750 0.5 6.335 For months 1 to 60, the payment per $1000 is $5.22. Based on the current index and margin, for months 61 to 360, the rate would be 6.500% and the payment per $1000 is $6.81.
7/6 Jumbo ARM
Caps: 5% initial, 1% every six months, 5% lifetime
30 Years 5.000 0 6.158 For months 1 to 84, the payment per $1000 is $5.37. Based on the current index and margin, for months 85 to 360, the rate would be 6.500% and the payment per $1000 is $6.99.
7/6 Jumbo ARM
Caps: 5% initial, 1% every six months, 5% lifetime
30 Years

4.875

0.5 6.141 For months 1 to 84, the payment per $1000 is $5.29 Based on the current index and margin, for months 85 to 360, the rate would be 6.500% and the payment per $1000 is $7.01.
10/6 Jumbo ARM
Caps: 5% initial, 1% every six months, 5% lifetime
30 Years 5.125 0

5.921

For months 1 to 120, the payment per $1000 is $5.44. Based on the current index and margin, for months 121 to 360, the rate would be 6.500% and the payment per $1000 is $7.46.
10/6 Jumbo ARM
Caps: 5% initial, 1% every six months, 5% lifetime
30 Years 5.000 0.5 5.887 For months 1 to 120, the payment per $1000 is $5.37. Based on the current index and margin, for months 121 to 360, the rate would be 6.500% and the payment per $1000 is $7.48.
All rates effective as of January 29, 2023

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.

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.