Annual salaries range from £30,300 to £98,148. Below is the full range of pay both before and after tax:
| Lowest | Average | Upper | |
|---|---|---|---|
| Pre-tax | £30,300 (£2,525 p/mth) |
£46,344 (£3,862 p/mth) |
£98,148 (£8,179 p/mth) |
| Pre-tax Income Percentile | 66th | 86th | 97th |
| Post-tax | £24,144 (£2,012 p/mth) |
£35,052 (£2,921 p/mth) |
£65,460 (£5,455 p/mth) |
| Post-tax Income Percentile | 59th | 80th | 96th |
| Percentage Tax Deduction | 20% | 24% | 33% |
The principal underwriter analyzes the new loan application to determine whether the applicant should manage the loan. You will need to analyze your credit worthiness, your credit score and the amount required, and validate the information provided in this process.
Compare the average salary of a senior underwriter to your salary:
Below are the range of mortgages typically affordable for a single applicant senior underwriter:
| Lowest | Average | Upper | |
|---|---|---|---|
| average gross salary | £30,306 | £46,338 | £98,147 |
| max mortgage | £136,377 | £208,521 | £441,662 |
| deposit paid | £15,153 | £23,169 | £49,074 |
| max purchase price | £151,530 | £231,690 | £490,736 |
| mortgage repayment p.mth (2.5%|25yr) | £619 | £946 | £2,004 |