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What is PITI – Mortgage Payment Basics

What is PITI – Mortgage Payment Basics

by Paul Bozek | Nov 25, 2021 | Conventional Loans, FHA Loan, Home Buying, Refinancing, VA Loans

What exactly does PITI stand for in mortgage terms?   PITI is an acronym for the breakdown of what’s included in your mortgage payment.   P – Principal I – Mortgage Interest T – Property Taxes I – Homeowners Insurance Lenders will...

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