Texas Instruments BA Real Estate User Manual page 32

PITI—Principal, Interest, Tax, and Insurance Based on
Tax and Insurance Percents
1. Clear TVM values (if not already cleared).
2. Enter local property-tax rate (if not
already entered).
3. Enter local insurance rate (if not already
entered).
4. Enter price.
5. Enter term of loan (in years).
6. Enter interest rate.
7. Enter loan amount.
8. Compute payment (principal and
interest).
9. Compute PITI.
Mortgages and Amortization 31
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