Common AcronymsHomebuying Glossary
PITI
Also known as Principal, Interest, Taxes, and Insurance
The four components typically bundled into a single monthly mortgage payment.
In plain English
PITI stands for Principal, Interest, Taxes, and Insurance — the four pieces most lenders combine into one monthly housing payment, often collected through an escrow account.
Why it matters
When comparing homes, always think in terms of PITI rather than just principal and interest — it's the number that reflects your true monthly cost.
Where you'll run into it
Guides and tools on TheBuyingPath that cover piti in context.
Related terms
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