Coldwell Banker Realty
Christine Powers, Coldwell Banker RealtyPhone: (781) 405-6563
Email: [email protected]

Tag: Principal

Posted on 03/09/2022
What is PITI? Understanding your financial situation
PITI, which is short for "principal, interest, taxes and insurance," is an essential term to know for anybody seeking a mortgage loan. The acronym refers to the relationship between these four numbers expressed in a ratio and can tell lenders about your financial status. Here is a breakdown of the term and why it matters to potential homeowners...
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