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Nicki  Barnett
Nicki Barnett, Listing LeadersPhone: (219) 406-3081
Email: [email protected]

Tag: PITI

Posted on 12/26/2022
A beginner's guide to PITI & property taxes
PITI is an acronym for principal, interest, taxes and insurance. In real estate, it's used by lenders to estimate your qualifications for a mortgage. One of the key variables in the formula is property taxes, which vary by location and individual home. But how do property taxes affect your PITI ratio? Here is a basic explanation to help:...
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