Financial elements that generally comprise a monthly mortgage payment when a borrower has an impound account.
Monthly payment. Stands for Principal, Interest, Tax escrow, Insurance (both hazard and mortgage) escrow.
principal, interest, tax and insurance payments on a mortgage.
The four major portions of a monthly mortgage payment.
Stands for rincipal, nterest, axes, and nsurance - the components of a monthly mortgage payment.
This is the usual breakdown for mortgage payments.
Used to indicate that the four major portions of a monthly payment on real property are included in the quoted payment.
The total of your monthly home payment, including taxes and insurance.
A term used to describe the components that make up a borrower's monthly mortgage payments. This may also be called Monthly Housing Expenses.
Monthly payment including rincipal, nterest, property axes, and nsurance (both hazard and mortgage)
Principle Interest Tax Insurance. This are typically the items that lenders will consider as the total expense associated with operating a property.
The monthly payment that includes rincipal, nterest, axes and nsurance.
The total monthly mortgage payment consisting of rincipal, nterest, axes, and nsurance.
rincipal, nterest, axes and nsurance. If you have an "impounded" loan, then your monthly payment to the lender includes all of these and may includes mortgage insurance as well.
An acronym describing principal (P), interest (I), taxes (T), insurance (I), the most common components of a mortgage.
An acronym for payments to lender that cover principal, interest, taxes and insurance on a property.
An acronym for principal, interest, taxes, and insurance which are components of a monthly mortgage payment.
(Principal-Interest-Taxes-Insurance) - Acronym for the separate parts of a typical monthly mortgage payment.
The total mortgage payment. Principal (P) plus interest (I) plus any escrow payment for property taxes (T) and homeowners hazard and/or flood insurance (I).
Abbreviation for principal, interest, taxes and insurance, often combined in a single monthly mortgage payment.
See Principal Interest Real Estate Tax Insurance.
An abbreviation for what makes up a monthly loan payment: Principal, Interest, Taxes, and Insurance.
Stands for principal, interest, taxes, and insurance, the four main parts of monthly mortgage obligations.
A reference to the total monthly payment required to repay a mortgage in accordance with its term as well as monthly escrow payments for taxes and insurance. (P)rincipal, (I)nterest, (T)axes, and (I)nsurance
Standing for Principal, Interest, Taxes, and Insurance. These are the four points used to determine the monthly mortgage payment.
Stands for principal, interest, taxes, and insurance. They are the components of a monthly mortgage.
Principal, Interest, Taxes, and Insurance, the four main parts of a monthly mortgage payment.
This stands for principal, interest, taxes and insurance. Payments of principal and interest go directly towards repaying the loan. The portion that covers taxes and insurance (homeowner's and mortgage, if applicable) goes into an escrow account to cover the fees when they are due if you have an "impounded" loan. If you do not have an impounded account, then the lender still calculates this amount and uses it as part of determining your debt-to-income ratio.
The most common components of a monthly mortgage payment.
An acronym for the four primary components of a monthly mortgage payment: principle, interest, taxes, and insurance (PITI).
An acronym for the principle interest, taxes and insurance (home and mortgage), the four components that comprise a monthly mortgage payment.
Used to indicate what is included in a monthly payment on real property. Principal, interest, taxes and insurance are the four major portions of a usual monthly payment.
PITI is short for describing the total payments on a home including principal, interest payments, property tax, and insurance premiums. HOA fees are usually included here too.
A monthly mortgage payment typically contains principal, interest, taxes, and insurance (PITI). If you pay your taxes and insurance on your own, you pay only principal and interest to your lender.
The amount of principal, interest, taxes and insurance which are the basis for a monthly mortgage payment.
This is the sum of principal, interest, property taxes, and insurance payments. For most homeowners, PITI represents the amount of their monthly mortgage payment.
Principal, interest, taxes and insurance. The basics of your montly mortgage payment.
Principal, Interest, Taxes, and Insurance. The total monthly payment on a mortgage assuming an escrow account has been set up.
Principal, interest, taxes, and insurance. (Monthly housing expenses).
Principal, interest, taxes, and insurance the four major components of a monthly mortgage payment.
principal, interest, taxes, and insurance - which generally comprise the total monthly payment on a loan.
Principal, Interest, Taxes, and Insurance.... Your total monthly housing payment.
See Principal, Interest, Taxes, Insurance.
Monthly payment for Principal, Interest, Taxes, and Insurance.
A payment amount calculated by the lender to include the principal, interest, taxes, and insurance on an amortizing loan. The figure is designed to represent the borrower's actual monthly mortgage-related expenses.
Principle, interest, taxes, insurance - Many mortgages are set up with monthly loan payments to include these.
Principle, interest, property taxes, and insurance.
A payment amount calculated by a mortgage lender to include the total payment of all principal, interest, taxes and insurance due monthly.
The typical total monthly mortgage payment which includes principle, interest, taxes, and hazard insurance.
PITI stands for principal, interest, property taxes, and property insurance. Lenders determine that to qualify you for a loan, your PITI should not exceed a certain percentage of your gross monthly income. Depending on the type of loan, this percentage usually varies between 28% and 41%. See also Debt-to-Income Ratio, and Qualifying.
Principal, Interest, Taxes and Insurance. Added together to make up the total monthly payment.
Principal, Interest, Taxes and Insurance. These are the 4 components that make up a monthly mortgage payment.
(Principle, Interest, Taxes, and Insurance): These are the four elements of a monthly mortgage payment.
A payment combining Principal, Interest, Taxes & Insurance
A terminology commonly used to represent principal, interest, taxes and insurance. The combination of these items is used by lenders to determine the borrowers projected housing costs.
Principal, Interest, Taxes and Insurance. Also called monthly housing expense.
Acronym for principal, interest, taxes and insurance. The monthly mortgage payment, by most homeowners, consisting of calculated principal and interest plus one twelfth of the estimated annual taxes and insurance.
Stands for Principal, Interest, Property Taxes, and Property Insurance. Refers to a periodic payment that includes principal and interest payment, plus a contribution to the escrow account set up by the lender to pay insurance premiums and property taxes on the mortgage property.
PITI is an abbreviation for Principal, Interest, Taxes and Insurance.
An acronym for principal, interest, taxes and insurance. In an "impounded" loan, the payment to the lender includes all of these, and may include mortgage insurance as well. The PITI is also used by lenders as part of determining a borrower's debt-to-income ratio.
Principal, interest, taxes, and insurance, forming the basis for monthly mortgage payments.
An acronym representing the main components of a monthly mortgage payment: principal, interest, taxes, and insurance.
The amount of principal, interest, taxes and insurance which are the bases for monthly mortgage payments.
Principal, interest, taxes and insurance. Your calculated estimated of monthly payments.
An abbreviation for principal, interest, taxes, and insurance, commonly used when referring to the monthly loan payment.
Type of loan that amortizes the principal and interest but also utilizes an escrow account to include the homeowner's property tax and insurance payments so the borrower only makes one payment each month and the lender ensures the taxes and insurance are always paid.
Principal, interest, taxes and insurance, which comprise your monthly mortgage payment.
This refers to "Principal-Interest-Taxes-Insurance". Together these costs comprise your monthly payment.
Principal, Interest, Taxes and Insurance. Your total monthly housing expense under a conventional mortgage.
The four major components of a monthly home payment: principal, interest, taxes and (hazard) insurance.
Principal, interest, taxes and insurance, which combined make a monthly mortgage payment.
Principal, interest, taxes and insurance. In qualifying buyers, lenders prorate taxes and insurance on a monthly basis and add them to the loans monthly principal and interest. Combined, they represent the amount of money needed to cover the primary components of a monthly mortgage payment.
Principal, interest, taxes and insurance--the total monthly mortgage payment when taxes and insurance are escrowed.
Principal, interest, taxes, and insurance - a term used to refer to the components of one's monthly mortgage payments.
Principle, Interest, Taxes, and Insurance. The four main parts of your monthly mortgage payment.
MP] Principal, interest, taxes, and insurance.
The components of a monthly mortgage payment including rincipal, nterest, axes, and nsurance. It is considered your total monthly housing expense, but does not include homeowner’s association dues.
Principal, Interest, Taxes, and Insurance. Used to indicate the four major items included in a monthly mortgage payment.
Principal, interest, real estate taxes, and insurance -- the components of a monthly mortgage payment.
Term commonly used to refer to a mortgage loan payment. Acronym stands for Principal, Interest, Taxes, and Insurance.
Principal, Interest, Taxes and Insurance. Also know as the mortgage payment.
Acronym for principal, interest, taxes and insurance. The acronym is used to describe what is included in the monthly repayment of a mortgage loan.
Principle, interest, taxes and insurance. Most residential mortgage payments include the above and are therefore referred to as PITI.
Four major components of the monthly house payment: principal, interest, taxes, and insurance.
An abbreviation for total payment meaning principal, interest, taxes, and insurance.
The total mortgage loan payment that includes the monthly amount of principal and interest. The total payment (PITI) also includes the monthly amount that is set aside in the real estate tax and homeowner's insurance escrows.
Shorthand for principal, interest, taxes and insurance, which are the components of the monthly housing expense.
Abbreviation for the elements that commonly make up a borrower's payment on an amortized loan: principal, interest, taxes and insurance.
An abbreviation for the typical components of a mortgage loan payments; principal, interest, taxes, and insurance.
The term for a mortgage payment that includes principal (P), interest (I), taxes (T), and insurance (I).
Acronym for Principal, Interest, Taxes and Insurance. These items combined create a mortgage payment. -- Principal refers to the part of the monthly payment that reduces the remaining balance of the mortgage. -- Interest is the fee charged for borrowing money. -- Taxes and Insurance refer to the amounts that are paid into an escrow account each month for property taxes and hazard insurance.
(Principal, Interest, Taxes, and Insurance) The principal and interest payments of most loans are fixed. The tax and insurance portion may be adjusted to reflect changes.
The abbreviation for principal, interest, taxes and insurance.
acronym for Principal (P), Interest(I), property taxes (T) and insurance (I).
This represents the total monthly payment including Principal, Interest, Taxes and Insurance the borrower(s) will be paying the lender.
Principal, Interest, Taxes, and Insurance that are combined to make the loan payment on real estate.
Acronym for Principal, Interest, Taxes and Insurance, a lump sum payment to a lender which covers all of these costs.
Used to indicate the four major items included in a monthly payment of property.
Real estate industry jargon, an acronym for Principal, Interest, Taxes, and Insurance.
Principal, interest, taxes and insurance. The components that commonly are included in a monthly mortgage payment.
Acronym for rincipal, nterest, axes & nsurance.
An acronym for Principal-Interest-Taxes-Insurance — the costs included in a monthly mortgage payment.
An acronym used to describe the total sum paid each month for principal, interest, taxes and insurance.
reserves: A cash amount that a borrower must have on hand after making a down payment and paying all closing costs for the purchase of a home. The principal, interest, taxes, and insurance (PITI) reserves must equal the amount that the borrower would have to pay for PITI for a predefined number of months.
Stands for Principle, Interest, Taxes and Insurance.
Principal, interest, taxes, and insurance (the 4 major components of monthly housing payments).
The elements-principal, interest, taxes, and insurance-that are the components of most mortgage payments.
An abbreviation for principal, interest, taxes and insurance and generally referring to an all encompassing monthly payment on a mortgage to a lender. Lenders use this figure to pre-qualify a buyer. Lenders will traditionally allow buyers to use up to 28% of their monthly income to pay PITI. Anything higher than this is considered risky to the lender. Coupled with other monthly debt like a car payment or credit card payments the lender will allow up to 40% of your monthly income to pay PITI+OTHER DEBT.
This acronym refers to Principal, Interest, taxes and insurance.
Principal, interest, taxes and insurance. For calculating qualifying ratios, total monthly housing expense will include these items as well as Private Mortgage Insurance and Condominium Assessments if applicable.
(Principal, Interest, Taxes and Insurance) This is the abbreviated term used to encompass an entire mortgage payment that includes any impounds collected.
The total monthly payment of a loan and the cost of the home, including Principal, Interest, Taxes, and Insurance.
The total monthly housing loan expenses = Principal + Interest + Taxes + Insurance.
A payment that combines Principal, Interest, Taxes, and Insurance.
These are items that are frequently included in the monthly mortgage payment to lenders. Some lenders may allow you to pay taxes and insurance yourself.
Abbreviation for principal, interest, taxes and insurance, often lumped together in a monthly payment.
Principal, Interest, Taxes, and Insurance are the components of a mortgage payment, on a mortgaged loan.
Principal, interest, taxes, and insurance. Also known as monthly housing expense.
four components that, for many mortgages, are included in the monthly mortgage payment. Principal and interest are the parts of the payment which repay the mortgage; taxes and insurance are put into a special escrow account by your lender, to pay for homeowners insurance and property taxes.
the principal, interest, taxes and insurance usually paid as one sum to the holder of the mortgage. Commonly known as a "monthly payment" on a property debt
Abbreviation for rincipal, nterest, axes and nsurance.
Principle, Interest, Taxes and Insurance. Used in home-budgeting calculations, your combined PITI should not exceed 36 percent of your monthly salary, experts say.
Principal, Interest, Taxes and Insurance combined to make up a mortgage payment.
the four components that (for most homeowners) are included in the monthly mortgage payment. Principal and interest are the portions of the payment assigned to repay the mortgage itself; taxes and insurance are paid by your lender into a special escrow account to pay for homeowners insurance and property taxes.
Principle, Interest, Taxes, and Insurances. Also known as total monthly payment. This figure is used to qualify you for a mortgage.
An acronym used to describe a loan payment that includes principal, interest, taxes, and insurance.
is an acronym for Principal, Interest, Taxes, and Insurance. The part of the payment that applies to taxes and insurance is kept by the lender in an escrow account until the bills are due. Most mortgage payments cover these items although some lenders do not collect the taxes and insurance amounts because they do not want to deal with the escrow account.
abbreviation for principal, interest, taxes, and insurance; the total amount for these four items make up the monthly mortgage installments
a loan payment that combines principle, interest, taxes and insurance.
PITI stands for principal, interest, taxes, and insurance. An "impounded" loan means that the monthly payment covers all of these, and perhaps mortgage insurance, if your loan so calls for it. If one does not have an "impounded" account, then the lender still calculates these amounts separately and uses it as part of determining one's debt-to-income ratio.
Principal, Interest, Taxes and Insurance – all paid as part of a monthly mortgage payment. If you have an "impounded" loan, then your monthly payment to the lender includes all of these and may include mortgage insurance too.
The total amount of your monthly payment. Principal and interest (P&I) are due on every loan. Taxes and insurance (T&I) are also included if the lender requires an impound account.
The total mortgage payment comprised of (P) principal and (I) interest, as well as (T) real estate taxes and (I) insurance (if the latter two are applicable).
Principal, Interest, Taxes, Insurance. The principal and interest payment on most loans is fixed for the term of the loan; the tax and insurance portion may be adjusted to reflect changes in taxes or insurance costs.
Principal, interest, taxes and insurance. PITI indicates the breakdown of your monthly mortgage payments and are the four major components of your loan.
Principal, interest, taxes and insurance. Back
Principal, interest, taxes and insurance, which compromise the borrower's housing expense.
Principal, Interet, Taxes and Insurance. Also called monthly housing expense.
An acronym for the total monthly payment. Principal, Interest, Taxes and Insurance.
Total mortgage payment assuming an escrow fund is set up by the lender for real estate taxes (T) and insurance (I). The PI is the principal and interest, or loan payment.
Also known as monthly housing expense, this is the principal, interest, taxes and insurance.
Abbreviation for Principal, Interest, Taxes and Insurance, the components of a monthly mortgage payment.
Acronym for the items included in a monthly payment principal, interest, taxes, and insurance.
PMI: Private Mortgage Insurance; privately-owned companies that offer standard and special affordable mortgage insurance programs for qualified borrowers with down payments of less than 20% of a purchase price.
Common real estate acronym meaning Principal, Interest, Taxes, Insurance.
Refers to Principal, Interest, Taxes, and Insurance - the four elements of a monthly mortgage payment.
Payment consisting of principal, interest taxes and insurance. Used to indicate what is included in a monthly payment on real property. These are the four major portions of a usual monthly payment.
the components of a monthly housing payment
An acronym for Principle; Interest; Taxes & Insurance, which forms the basis for a monthly mortgage payment.
"Principal-Interest-Taxes-Insurance" and represents your total monthly home loan payment, including taxes and insurance.
Principal, Interest, Taxes and Insurance,(hazard) that comprise the monthly payment.
When a buyer applies for a loan, the lender will calculate the principal, interest, taxes and insurance. The figure is designed to represent the borrower's actual monthly mortgage-related expenses.
Principal, interest, taxes and insurance--the components of a monthly mortgage payment. Planned Unit Developments (PUD) A subdivision of five or more individually owned lots with one or more other parcels owned in common or with reciprocal rights in one or more other parcels.
The monthly mortgage payment made to the lender, which includes repayment of a portion of the loan's principal, applicable interest charges and escrowed amounts for real estate taxes and homeowner's insurance. Mortgage insurance is typically not included in the PITI figure.
The four parts of a mortgage payment - i.e. principal, interest, taxes,and insurance.
The owner's typical monthly payment, which includes Principal, Interest, (property) Taxes and (mortgage) Insurance. Most lenders collect a portion of annual tax and insurance bills each month, then pay them when they're due.
Principal, interest, (property) taxes, and insurance. The typical components of a mortgage payment.
Principle, Interest, Taxes and Insurance. This is the payment on the mortgage. The principle part of the payment reduces the balance, the interest is the amount due the lender for the use of the funds, the taxes and insurance are collected monthly and paid yearly.
Principal, Interest, Taxes, Insurance which are the borrowers' Housing Expense when making calculation for qualifying.
This stands for principal, interest, taxes and insurance. If you have an "impounded" loan, then your monthly payment to the lender includes all of these and probably includes mortgage insurance as well. If you do not have an impounded account, then the lender still calculates this amount and uses it as part of determining your debt-to-income ratio.
This is the principal, interest, taxes and insurance--the components of a monthly mortgage payment.
The rincipal, nterest, axes, and nsurance that make up your total monthly payment.
(P)rincipal, (I)nterest, (T)axes, and (I)nsurance is a reference to the total monthly payment required to repay a mortgage in accordance with its term as well as monthly escrow payments for taxes and insurance.
Principal, Interest, Taxes and Insurance. planned unit development (PUD)
Principal, Interest,Taxes and Insurance. The amount of the monthly payment including principal, interest, and an amount to be placed into the escrow (impound) account.
A mortgage payment including principal, interest, taxes and insurance.
Acronym for Principal, Interest, Taxes and Insurance. Commonly used term to describe the components that encumbrance a loan.
Principal, Interest, Taxes, and Insurance - the four elements of a monthly mortgage payment; payments of principal and interest go directly towards repaying the loan while the portion that covers taxes and insurance (homeowner's and mortgage, if applicable) goes into an escrow account to cover the fees when they are due.
All of these can be joined into one monthly mortgage payment.
Principal, Interest, Taxes and Insurance. These components are usually all included in the monthly mortgage payment unless escrows are waived.
A mortgage payment which includes Principal, Interest, Taxes and Insurance.
Principal, interest, property taxes, and insurance generally comprise the monetary payment to a mortgage lender. Residential mortgage lenders usually require evidence that homeowners have property and casualty insurance if they do not fund the insurance as part of their monthly payment.
Principal, Interest, Taxes and Insurance, which are the components of a monthly mortgage payment. (mortgage insurance is also included in this figure, see PMI or Private Mortgage Insurance).
Stands for principal, interest, taxes, and insurance - the components of the monthly loan payments.
Principal, Interest, Taxes, and Insurance. These are the four components that typically make up a homeowner's mortgage payment.
In relation to a mortgage, PITI is an acronym for a mortgage payment that is the aggregate of monthly Principle Interest Taxes and Insurance. Lending institutions often use a (monthly) multiple of the PITI payment amount as the minimum amount of seasoned assets a borrower must document or 'state' when qualifying for a mortgage.