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].
The weight of the atmosphere on the surface of the mercury exerts a pressure transmitted through the fluid, forcing it to rise. The greater the weight, the higher the rise. The barometric pressure seldom goes above 31 inches or drops below 29 inches. Normal sea-level pressure is 29.92 inches.he weight of the atmosphere on the surface of the mercury exerts a pressure transmitted through the fluid, forcing it to rise. The greater the weight, the higher the rise. The barometric pressure seldom goes above 31 inches or drops below 29 inches. Normal sea-level pressure is 29.92 inches.