Skip to main content  
Dos Vientos Homes For Sale, Thousand Oaks, CADos Vientos Homes. Real Estate, East Thousand Oaks, CA Communities in Dos Vientos Ranch Thousand Oaks, CAThe Humphrey Real Estate Team Dos Vientos, CAHome Search Dos Vientos Ranch, Thousand Oaks CABuying A Home Thousand Oaks CA RealtorsSelling Homes In Dos Vientos Ranch, Thousand Oaks CAContact

What does my monthly mortgage payment include? And what do PI and PITI stand for?

The bulk of your monthly mortgage payment goes toward paying off the principal and interest of your loan. (You may hear lenders refer to this as "PI," for Principal & Interest). In addition, most lenders require that you pay a sufficient amount to cover your local real estate tax, plus your homeowner's or hazard insurance. (You may hear this total payment referred to as "PITI", or Principal, Interest, Taxes & Insurance.) This amount is placed in an escrow account, which your lender uses to pay your tax and insurance bills. When shopping for a loan, it is important to ask the lender if the monthly payment you are being quoted is PI or PITI.

 
 
Dos Vientos Homes For Sale - Westlake Village, CA

Humphrey Team - Homes Dos Vientos
2555 Townsgate Road Suite 200
Westlake Village, CA 91361
Phone: (805) 499-8000
Email: Sold@HumphreyTeam.com

TERMS OF USE - PRIVACY POLICY - CONTACT POLICY

 


Real Estate Website Design &
Real Estate Marketing Services Provided by:

Copyright© The Humphrey Team, REALTOR®, All Rights Reserved.


Site Powered By
    prostepmarketing.com
    Online web site design