PITI

PITI

These are the four components of the monthly payments to the lender, i.e. the principle, interest, taxes and insurance. Debt to income ratio is calculated by the lender from this amount. Sometimes mortgage insurance is also included in an impounded loan.

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Loan Type Today
30 Year Fixed   5.65
15 Year Fixed   5.49
5/1 Adjustable   5.85

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