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Mortgage

PITI

Definition

Principal, interest, taxes, and insurance — the four components of a typical mortgage payment.

Example

PITI of $2,840 included $412 escrowed monthly for taxes and insurance.

Frequently asked questions

What does PITI mean in real estate?

Principal, interest, taxes, and insurance — the four components of a typical mortgage payment.

How is PITI used in practice?

PITI of $2,840 included $412 escrowed monthly for taxes and insurance.

This definition is provided for educational purposes. Legal and tax terminology can carry jurisdiction-specific meaning — confirm with a licensed professional before relying on it in a transaction.