PITI

I'm relatively new to REI so some of the terms I don't understand. The one I was reading the other day was PITI what does that stand for? Hold the laughter any help would be appreciated :-? Thanks

Comments(2)

  • NancyChadwick29th November, 2004

    PITI: principal, interest, RE taxes, RE insurance

    PITI consists of the components of the monthly mortgage payment.

  • Arseknow1st December, 2004

    Thanks Nancy for clearing that up. makes sense now appreciate the help.

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