PMI fees are generally expressed as a percentage of the loan amount. They can range from about 0.3% to 1.15% of the amount being borrowed. This is the amount you pay each year. (Example: a $300,000 home loan with an annual insurance rate of 0.5% would have $1,500 added onto it every year.ut in most cases, a down payment below 20% brings the added cost of PMI. In 2014, the cost of private mortgage insurance ranges from 0.3% to 1.15% of the base loan amount, on average.
1. the pressure exerted by the earth's atmosphere at any given point. 2. a value of standard or normal atmospheric pressure, equivalent to the pressure exerted by a column of mercury 29.92 in. (760 mm) high, or 1013 millibars (101.3 kilopascals). Also called barometric pressure. [1655â65].
Atmospheric pressure is the force per unit area that is always applied perpendicularly to a surface by the surrounding gas. It is determined by a planet's gravitational force in combination with the total mass of a column of gas above a location. On Earth, units of air pressure are based on the internationally recognized standard atmosphere (atm), which is defined as 101,325 Pa (760 Torr or 14.696 psi).