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).
Depending on your purchase price and down payment and other factors, PMI can easily run $150 to $200 per month. The rate for PMI is generally .3 â 1.15% of the entire loan amount each year. FHA loans require a minimum down payment of 3.5 percent. Buyers pay an up-front mortgage premium equal to 1 percent of their loan amount. For that $150,000 home, thatâs $1,500 due at closing. FHA borrowers also pay an annual mortgage premium thatâs a little more than 1 percent of their loan amount, which would be in the neighborhood of $125 for this example loan amount.