Which financial position would lead to a better lifestyle?

[Anonymous]

£67000 salary with around £8000 annual bonus and £300k mortgage on a £400k property

£50000 salary with £200k mortgage on a £300k property

Both around the same

[RebelinSteel]

Lots of things left out, cost of living, including energy bills, transport, owning a car, socialising, cost of insurances, how much you pay into your pension etc.

As those are in £ at £67000 your bonus will be almost half as you get hit by 40% tax on your bonus and your wage. With the £50,000 wage you pay 20% tax. Those house prices point towards being more northern. I would get proper financial advice that asking gag, for example if you pay nothing into a pension, a lot becomes mute as you then need to survive on the state pension at 67.

[molonski2]

Depends on growth of properties which is going to come down to demand , and location , you need to look beyond today , look to 10 years time , and make sure you also invest in some great ETFs..

Good Luck.

[Nikki1989]

Those options are both on the low side.

[Likes2drive]

Seems like it would be the same but either way you still need a bigger salary

[Anonymous]

Taxes and debt, both sound like hell