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PITI payment. In DICTIOUS you will not only get to know all the dictionary meanings for the word
PITI payment, but we will also tell you about its etymology, its characteristics and you will know how to say
PITI payment in singular and plural. Everything you need to know about the word
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English
Noun
PITI payment (plural PITI payments)
- (banking) The amount paid per month in Principal, Interest, Taxes and Insurance for a given property. Used in determining the debt/income ratio.
You can't afford this house. Your PITI payment would be too high for your income.
See also