(banking) The amount paid per month in Principal, Interest, Taxes and Insurance for a given property. Used in determining the debt/income ratio.
You can't afford this house. Your PITI payment would be too high for your income.
Piti-payment Sentence Examples
Some online mortgage calculators will estimate the total cost of your PITI payment by presenting an approximation of tax and insurance charges within the geographical area in which you plan to buy a home.