housing expenses are commonly referred to as piti. what does piti stand for? a. principal, income, taxes…
housing expenses are commonly referred to as piti. what does piti stand for? a. principal, income, taxes, investment b. payment, investment, terms, insurance c. payment, interest, terms, income d. principal, interest, taxes, insurance please select the best answer from the choices provided
Answer
Brief Explanations:
In the context of housing expenses, PITI is an acronym for principal, interest, taxes, and insurance. These are the main components that make up a typical housing - related financial obligation.
Answer:
D. principal, interest, taxes, insurance