PITI payment

noun

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.”

Ask AI about this wordChatGPTClaudePerplexityGoogle AIGrok

Meanings

nounPITI payment (plural PITI payments)

plural PITI payments

  1. bankingThe 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.

Cite this entry
APA

PITI payment. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/PITI%20payment

MLA

“PITI payment.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/PITI%20payment. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “PITI payment,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/PITI%20payment.

Source: PITI payment on Wiktionary, CC BY-SA 4.0.