The term Aeolian describes the process of wind erosion, deposition, and how it is transported. It also has to do with the deposits that wind leave behind, such as sand dunes. A sand dune is an elongated mound of sand formed by wind or water. In this paper we are only going to look at wind made dunes.
PMI rates vary, but may range between 0.3% and 1.2% of the loan amount on an annual basis. Your rate will depend on several factors, including: 1  Size of your down payment. 2  PMI will cost less if you have a larger down payment (and vice versa).
Paying higher interest rate on your mortgage loan may lead your lender to waiving off your PMI requirement. How much you pay as interest depends on the down payment that you make. The second option is to opt for an 80-10-10 loan. This means that there will be 2 loans and a 10% down payment. 90% of the loan amount is financed by PMI rate that is equivalent to 80% of the sale price.