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].
Report Abuse. The average atmospheric pressure on earth at sea level is called the Standard Atmosphere (SA) and it is 1013.25 hPa (hectoPascal) which is the same as millibars. In the US it is called inches of mercury and it is 29.9.Imagine you hold your finger upward and that it has a surface of one square centimeter.eport Abuse. The average atmospheric pressure on earth at sea level is called the Standard Atmosphere (SA) and it is 1013.25 hPa (hectoPascal) which is the same as millibars. In the US it is called inches of mercury and it is 29.9.