Finance第 74 / 120 题
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
解析
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.
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