Skip to main content

What is PITI?

Principal, Interest, Taxes, and Insurance, known as PITI, are the four basic elements of a monthly mortgage payment. 

Your payments of principal and interest go toward repaying the loan. Amounts that cover property taxes and homeowner’s insurance may go into an escrow account, if you are required or choose to have one, to cover your property tax and homeowner’s insurance payments as they come due.

Was this answer helpful to you?

Please do not share any personally identifiable information (PII), including, but not limited to: your name, address, phone number, email address, Social Security number, account information, or any other information of a sensitive nature.