Acronym for principal, interest, taxes, and insurance, the four components of a mortgage payment.

Use PITI in a sentence

The PITI had been partially taken care of through escrow but the foreclosure was still imminent for the million dollar home.

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Remember that when you are looking to buy a house, you have to factor in the overall PITI payment you are going to have to make each month.

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John Smith decided he couldnt afford the home on North Oak after his realtor calculated the PITI on it but he was still interested in the home on Main Street.

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