Piti Definition

Piti Sentence Examples

• This set of four factors is often referred to as PITI, which is an acronym for all four terms.

• The solution is to verify with your consultant that the calculation includes an estimate of all four elements of PITI.

• If you have PMI on your mortgage this will be an additional cost in addition to the PITI.

• Some online mortgage calculators will estimate the total cost of your PITI payment by presenting an approximation of tax and insurance charges within the geographical area in which you plan to buy a home.

• Referred to altogether as PITI, the calculation should give you a firm idea of what your overall payment will be each month.