Principal, Interest, Taxes, And Insurance - Piti

Principal Interest Taxes Insurance Piti - Politics, Business, Civil, History - Posted: 23rd Jan, 2010 - 12:38pm

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Post Date: 15th Jan, 2010 - 6:11pm / Post ID: #

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Principal, Interest, Taxes, And Insurance - Piti

principal, interest, taxes, and insurance - PITI

In Real Estate terminology how do you define what "principal, interest, taxes, and insurance - PITI" mean exactly?

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23rd Jan, 2010 - 12:38pm / Post ID: #
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Piti Insurance Taxes Interest Principal

When you have an impounded loan then your monthly payment to the lender includes all of these and insurance too. If you do not have an impounded account then the lender still calculates this amount and uses it as part of finding out your debt to income ratio.


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