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2. What is PITI? - AOL

   www.aol.com/finance/piti-170744787.html

   You can calculate your PITI payment yourself or by using a calculator tool. You may need to pay additional costs not included in PITI, such as homeowners association fees. ... HOA fees: You’ll ...

3. How to calculate loan payments and costs - AOL

   www.aol.com/finance/calculate-loan-payments...

   Lenders use the PITI calculation to determine if you qualify for the loan. Most homeowners choose a 30-year term to get the lowest monthly payment. You can also use the calculator to see how a ...

4. Mortgage protection insurance: What it is and when you might ...

   www.aol.com/finance/mortgage-protection...

   PMI doesn’t protect you, however — it protects the mortgage lender if you were to stop paying back your loan. There’s yet another acronym: MIP, which stands for mortgage insurance premium ...

5. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   The amount of the monthly payment at the end of month N that is applied to principal paydown equals the amount c of payment minus the amount of interest currently paid on the pre-existing unpaid principal. The latter amount, the interest component of the current payment, is the interest rate r times the amount unpaid at the end of month N–1 ...

6. Payment protection insurance - Wikipedia

   en.wikipedia.org/wiki/Payment_protection_insurance

   Payment protection insurance (PPI), also known as credit insurance, credit protection insurance, or loan repayment insurance, is an insurance product that enables consumers to ensure repayment of credit if the borrower dies, becomes ill, disabled, loses a job, or faces other circumstances that may prevent them from earning income to service the debt.

7. Debt-to-income ratio - Wikipedia

   en.wikipedia.org/wiki/Debt-to-income_ratio

   The two main kinds of DTI are expressed as a pair using the notation / (for example, 28/36).. The first DTI, known as the front-end ratio, indicates the percentage of income that goes toward housing costs, which for renters is the rent amount and for homeowners is PITI (mortgage principal and interest, mortgage insurance premium [when applicable], hazard insurance premium, property taxes, and ...