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PITI payment

noun

Definitions

  1. The amount paid per month in Principal, Interest, Taxes and Insurance for a given…

    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.

The neighborhood

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sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA