So, the offer as I understood it after my telephone 'interview'.
You pay £25000 upfront
You earn £27000 (taxable) + £4000 allowances (tax free?) - which by my gash calculations = £24555 Net
I'd have to take a loan out for the £25000 (unless there is a Jet2 funding stream? which was not mentioned) costing £6554 in interest (5 year loan).
Over 5 years (the life of the loan) I would earn £122775-£31554 (loan)
Leaving me £18244 Net per annum (average).
Maths in public is not my forte; so is this correct?
Unless I have done a serious miscalculation, I'll stick to my £36000 Net thanks..... I will probably have enough spare change for a type rating too
