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Old 27th Oct 2013, 21:08
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Nelson15
 
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At current interest rates, my BBVA FPP loan repayments, will be £850 for the first two years after your two year training break (so years 3 & 4 of the loan), then £1250 for the remainder of the loan period (a further 6 years). That's based on an £84,000 loan.

In terms of salary, £22,700 base, plus flying pay which has partly changed recently to a fixed amount per month, but depending on base expect £8000-£10000. £12000 is perhaps a bit ambitious unless you're planning to spend a long time away from home! Then there's the £12,000 bond repayments, which as already stated above are taken off your pay at source which is tax advantageous.

Last edited by Nelson15; 27th Oct 2013 at 21:12.
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