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 7.375 7.486 6.91 Your monthly cost
30 Year 1 7.125 7.336 6.74 Your monthly cost
20 Year 0 7.375 7.519 7.98 Your monthly cost
20 Year 1 7.125 7.399 7.83 Your monthly cost
15 Year 0 6.990 7.164 8.98 Your monthly cost
15 Year 1 6.500 6.830 8.71 Your monthly cost
10 Year 0 6.990 7.234 11.61 Your monthly cost
10 Year 1 6.500 6.965 11.35 Your monthly cost

Jumbo Fixed Mortgage (over $726,200)

Product Term Points Rate APR* Monthly Payment** Payment Calculator
30 Year 0 7.625 7.698 7.08 Your monthly cost
30 Year 1 7.375 7.549 6.91 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
All rates effective as of September 26, 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.

Adjustable Rate Mortgage

Product TermTermRatePointsAPRMonthly Payment**
5/6 Jumbo ARM
Caps: 2% initial, 1% every six months, 5% lifetime		 30 Years 7.250 0 7.973 For months 1 to 60, the payment per $1000 is $6.82. 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

6.875

 1 7.919 For months 1 to 60, the payment per $1000 is $6.57. Based on the current index and margin, for months 61 to 360, the rate would be 7.625 % and the payment per $1000 is $7.52.
7/6 Jumbo ARM
Caps: 5% initial, 1% every six months, 5% lifetime		 30 Years 7.375 0 7.906 For months 1 to 84, the payment per $1000 is $6.91 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

7.125

 1 7.874 For months 1 to 84, the payment per $1000 is $6.74 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

7.500

 0

7.848

 For months 1 to 120, the payment per $1000 is $6.99. 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 7.250 1 7.780 For months 1 to 120, the payment per $1000 is $6.82 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.
All rates effective as of September 26, 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.