Principal Mechanical Engineer Salary Information

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Principal Mechanical Engineer salary information, income percentile, mortgage affordability and more.

How much does a principal mechanical engineer earn?

Annual salaries range from £40,920 to £70,296. Below is the full range of pay both before and after tax:

LowestAverageUpper
Pre-tax £40,920
(£3,410 p/mth)
£52,644
(£4,387 p/mth)
£70,296
(£5,858 p/mth)
Pre-tax Income Percentile 80th 89th 94th
Post-tax £31,368
(£2,614 p/mth)
£39,072
(£3,256 p/mth)
£49,308
(£4,109 p/mth)
Post-tax Income Percentile 74th 85th 92nd
Percentage Tax Deduction 23% 26% 30%

The main mechanical engineers are responsible for providing efficient mechanical solutions to the company's equipment. They are responsible for the repair of industrial machines necessary for production.

Compare the average salary of a principal mechanical engineer to your salary:

£

Below are the range of mortgages typically affordable for a single applicant principal mechanical engineer:

LowestAverageUpper
average gross salary£40,924£52,643£70,297
max mortgage£184,158£236,894£316,337
deposit paid£20,462£26,322£35,149
max purchase price£204,620£263,216£351,486
mortgage repayment p.mth (2.5%|25yr)£835£1,075£1,435

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