The annual insurance premium on Marias bone is dollar 2034 a

The annual insurance premium on Maria\'s bone is dollar 2,034 and the annual property tax is dollar 1,426. If her monthly principal and interest payment is dollar 1,637, find the adjusted monthly payment including principal, interest, taxes, and insurance (PITI) PITI = Dollar

Solution

Annual Insurance Premium = $2034

Annual Property Tax = $1426

Total = $ 3460

Monthly Insurance and Property Tax = $288.33

Monthly Payment for Principle and interest= $ 1637

PITI = 1637 + 288.33 = $1925.33