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word of the day
PITI
Definition
The four elements of a mortgage payment, principal, interest, taxes, insurance; put together, they equal the monthly cost of a mortgage
Question
What does the home purchasing acronym PITI stand for?
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Yesterday's Q & A
Q: What factors do health insurers use to assess an individual\'s \"risk\"?
A: Medical history, age, gender, lifestyle factors (such as smoking)