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].
Atmospheric and Gauge Pressure. 1  Absolute pressure: The total pressure exerted on a system referenced to zero Pascals, and equal to the gauge pressure plus atmospheric pressure. 2  Gauge Pressure: Pressure referenced to one atmosphere, and is the pressure actually shown on the dial of a gauge that registers pressure relative to atmospheric pressure. For example, an ordinary pressure gauge reading of zero does not mean there is no pressure, it means there is no pressure in excess of atmospheric pressure.