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].
Matthew Bennett, BSc in Physics from UC in Christchurch, New Zealand. Views. Atmospheric pressure at sea level is approximately 100,000 pascals (101,325 Pa by definition.) Air pressure is usually measured in hectopascals (hPa), the hecto prefix corrsponding to 100 (a hecatre is a square with 100m sides), so 1 atmosphere is approximately 1000 hPa. A pascal is the SI unit for pressure, defined as 1 newton per square metre.