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Join the GCB x NDSU Homecoming Party!
Thundar, the Gold Star Marching Band, NDSU Cheer Team, food trucks, bouncy houses and more. Plus, the first 500 attendees receive a free NDSU yard sign and Gate City Bank Field squishy!
See event details and RSVP on Facebook.

Principal, Interest, Taxes and Insurance (PITI)

Definition

The four components of a monthly mortgage payment. Principal refers to the part of the monthly payment that reduces the remaining balance of the mortgage. Interest is the fee charged for borrowing money. Taxes and insurance refer to the monthly cost of property taxes and homeowner’s insurance.

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