Definition of "PITI"
  1. An acronym in mortgage terminology representing the sum of Principal, Interest, Taxes, and Insurance
How to use "PITI" in a sentence
  1. The mortgage lender calculated the monthly PITI to determine the homeowner's payment.
  2. When purchasing a house, you must not only consider the selling price, but also the total PITI.
  3. In mortgage underwriting, the debt-to-income ratio often includes the estimated PITI payment.

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