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PITI payment

Table of contents

1.1 Noun Phrase
1.2 Related Terms
1.3 See Also

English

Noun Phrase

(finance) The amount paid per month in Principal, Interest, Taxes and Insurance for a given property. Used in determining the debt/income ratio.
You can't afford this house. Your PITI payment would be too high for your income.

Related Terms

See Also

mortgage
debt/income ratio

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