PITI- Monthly Charges on Mortgage

Q.  Which of the following is used when describing the monthly charges on a mortgage?
- Published on 20 Jul 15

a. BIS
b. CPI
c. FII
d. PITI

ANSWER: PITI
 
PITI is the common acronym for principal, interest, taxes, and insurance.

Post your comment / Share knowledge


Enter the code shown above:
 
(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)