Patty Thompson
Patty Thompson, Country Properties & EstatesPhone: (831) 818-0899
Email: [email protected]

Tag: PITI

Posted on 04/25/2022
Understanding the relationship between 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:...
+ 5 more
Read More