PITI Financial Glossary

What is it? Shorthand for principal, interest, taxes, and insurance, which are the components of a monthly mortgage payment.

Finance Term Definition Added By: Charlie

The PITI definition has been viewed 2147 Time(s)!

Send To Friends!

If you'd like to send the PITI definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of PITI. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Browser is A software program on your computer that allows you to look at (browse) various kinds of Internet resources. The most widely used browsers are Microsoft Internet Explorer and Netscape Navigator. America Online uses a variation of Internet Explorer.

Financial Term ERA NET is The ERA-NET scheme will be the principal means for the Sixth Framework Programme to support the co-operation and co-ordination of research activities carried out at national or regional level. The scheme will be financed as a part of the specific programme Integrating and strengthening the European Research Area.

Financial Term Secured loan is A loan for which you put up an asset, such as your home, as security; if you do not keep up you repayments, the lender can sell your home to get their money back.

Financial Term PC (Professional Corporation) is See PA.

Financial Term Parent Contribution is A quantitative estimate of the parents ability to contribute to postsecondary educational expenses.