FinanceCâu 74 / 120
The four components commonly abbreviated as 'PITI' in a monthly housing payment are:
a.Principal, insurance, taxes, and inspection
b.Principal, interest, taxes, and insurance
c.Points, interest, title, and insurance
d.Principal, interest, transfer, and inspection
Giải thích
PITI stands for principal, interest, taxes, and insurance, the four parts of a typical escrowed mortgage payment. Lenders often collect taxes and insurance in an escrow account and pay them when due.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
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