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P&I
(redirected from Principal and Interest Payments)

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P&I
The principal and interest on a loan. The borrower must pay the principal and interest according to the agreed-upon schedule. See also: PITI, Amortization.
P&I

Abbreviation for principal and interest, being the two components of all payments under an amortizing mortgage loan.
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They will only lend you money for working capital or for purchasing fixed assets when they have clear evidence that your firm's cash flow can meet principal and interest payments.
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It also illustrates how much higher the monthly principal and interest payments are with each product.
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