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 SI unit of pressure is the pascal (Pa), which is a very small unit relative to atmospheric pressure on Earth, so kilopascals (kPa) are more commonly used in this context. The ambient atmospheric pressure at sea level is not constant: it varies with the weather, but averages around 100 kPa.he ambient pressure on an object is the pressure of the surrounding medium, such as a gas or liquid, which comes into contact with the object. Contents.