Jeonse↔Loyer (KR)

About this tool

Converts a jeonse (lump-sum key money) deposit into a monthly rent, or figures out the rent when lowering the deposit. Enter the original deposit, the new lower deposit, and a conversion rate to see the resulting monthly rent.

How to use

1. Enter the original jeonse deposit.
2. Enter the new, lower deposit.
3. Enter the conversion rate (%) and check the resulting monthly rent.

Frequently asked questions

How is the monthly rent calculated?

Monthly rent = (original deposit - new deposit) x conversion rate / 12.

Where does the default 5.5% rate come from?

It is a rough reference figure. Korea's legal cap is tied to the Bank of Korea base rate plus 2 percentage points (or 10%, whichever is lower), so check the current figure before signing a contract.

The conversion rate is a reference value that changes over time and by contract; it may differ from the legal cap or market rate. Confirm the applicable base rate before signing.

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