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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 all B2 English words →

See also

pitiability Pitiable Pitiableness Pitiably pitiamide pitie

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