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Meaning of PITI payment | Babel Free

Noun CEFR B2

Definitions

The amount paid per month in Principal, Interest, Taxes and Insurance for a given property. Used in determining the debt/income ratio.

Examples

“You can't afford this house. Your PITI payment would be too high for your income.”

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

pitiability Pitiable Pitiableness Pitiably pitiamide pitie