Underwriter Mortgage or Loan
R338,650 (ZAR)/yr
R162.81 (ZAR)/hr
R11,548 (ZAR)/yr
The average underwriter mortgage or loan gross salary in Witbank, South Africa is R338,650 or an equivalent hourly rate of R163. This is 19% lower (-R79,947) than the average underwriter mortgage or loan salary in South Africa. In addition, they earn an average bonus of R11,548. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Witbank, South Africa. An entry level underwriter mortgage or loan (1-3 years of experience) earns an average salary of R246,016. On the other end, a senior level underwriter mortgage or loan (8+ years of experience) earns an average salary of R420,799.
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ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
R392,588 (ZAR)
16 %
Based on our compensation data, the estimated salary potential for Underwriter Mortgage or Loan will increase 16 % over 5 years.
This chart displays the highest level of education for:
Underwriter Mortgage or Loan, the majority at 33% with high schools.
Typical Field of Study: Finance
See how education can impact your salaryThe cost of living in Witbank, South Africa is 9% less than the average cost of living in South Africa. Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.
View Cost of Living PageWitbank , officially eMalahleni, is a city situated on the Highveld of Mpumalanga, South Africa, within the Emalahleni Local Municipality. The name Witbank is Afrikaans for "white ridge", and is named after a white sandstone outcrop where wagon transport drivers rested. The city is known for its coal-mining in the surrounding region. Witbank, which was founded in 1890, was renamed to eMalahleni meaning the place of coal in 2006 by the government of Mpumalanga, matching the municipality. Both names...
Sourced from WikipediaHow Much Should You Be Paid?
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This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.
Professionals should subscribe to SalaryExpert’s Assessor Platform.
ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
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