The aim of this study was to assess precipitation (P) by analyzing data from in situ stations compared with those from solely remote sensing products CHIRP and CMORPH, with a reference station in the city. The evapotranspiration (ET) was analyzed directly using SSEBop. The region chosen for this study was the Metropolitan Area of Belem (MAB), close to the estuary of the Amazon River and the mouth of the Tocantins River. Belem is the rainiest state capital of Brazil, which causes a myriad of problems for the local population. The monthly best fit is shown here. In this study, we analyzed P and ET from local stations and compared them with those from satellite products. The main metrics RMSE, NRMSE, MBE, R2, Slope, and NS were used. For the reference station, the automatic and conventional CHIRP and CMORPH results, in mm/month, were as follows: automatic CHIRP: RMSE = 93,3, NRMSE = 0.32, MBE = −33,54, R2 = 0.7048, Slope = 0.945, NS = 0.5668; CMORPH: RMSE = 195,93, NRMSE = 0.37, MBE = −52,86, R2 = 0.6731, Slope = 0.93, NS = 0.4344; conventional station CHIRP: RMSE = 94.87, NRMSE = 0.32, MBE = −33.54, R2 = 0.7048, Slope = 0.945, NS = 0.5668; CMORPH: RMSE = 105.58, NRMSE = 0.38, MBE = −59.46 R2 = 0.7728, Slope = 1.007, NS = 0.4308. This was compared with the pixel and in situ station data. The ET ranges, on average, between 83 mm/month in the Amazonian summer and 112 mm/month in the Amazonian winter. This work concludes that, although CMORPH has a coarser resolution of 0.25° compared to CHIP’s 0.05° for MAB at a monthly resolution, the remote sensing products were reliable. SSEBop also showed reliable performance. For analyses of the consistency of precipitation time series, these products could provide more accurate information.