Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,899,286,039 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Principal, Interest, Taxes, and Insurance
(redirected from Principal, Interest, Taxes and Insurance)

     0.01 sec.
Principal, Interest, Taxes, and Insurance
The components of a real estate owner's mortgage payment. When considering whether to loan money for a mortgage, a bank often considers what the PITI will be as a percentage of the potential borrower's gross monthly income. Generally speaking, mortgage banks prefer PITI to be 28% or less of the borrower's income.
Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link 		Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
No references found
 
The loan is often paid through monthly instalments that may include the principal, interest, taxes and insurance.
What Is a Mortgage by Ask Bill / Banking, finance and accounting community
The monthly payments on a mortgage are made to a servicing entity that collects the payments and allocates the portions for principal, interest, taxes and insurance.
Bank or Mortgage Company ? What's the Better Choice? by webmaster homeloans / Real estate industry community
First-year payments of principal, interest, taxes and insurance will be targeted to equate to 34 percent of the borrower's income.
Bank of America Announces Nationwide Homeownership Retention Program ... by PR Newswire
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.