120k is probably about right so a 40k salary for 6 years is also about right isn’t it?
They are basically giving you a loan for 6 years but the best part is that if they make you redundant during that time then loan is wiped out.
It’s a no brainer to be in such a position whereby you either have security for 6 years or the remainder of a loan wiped out.
With the 189/92, MCC type rating I was eluding to the fact that they will be investing a lot more than 120k in you.