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. Air pressure redirects here. For the pressure of air in other systems, see Pressure. Atmospheric pressure, sometimes also called barometric pressure, is the pressure within the atmosphere of Earth (or that of another planet). In most circumstances atmospheric pressure is closely approximated by the hydrostatic pressure caused by the weight of air above the measurement point. As elevation increases, there is less overlying atmospheric mass, so that atmospheric pressure decreases with increasing elevation.