Compare a dated Korea Real Estate Board benchmark, two landlord offers, and your modelled financing break-even.
The selected market benchmark comes from the dated Korea Real Estate Board report below. Deposit, budget, and financing inputs are examples; replace them with your own.
4.80% · Mapo · Apartments
Data month: Jul 2026. Report published: Sep 2026.
Korea Real Estate Board report ↗Regional statistical reference, not a quote for this apartment or a legal conversion limit.
Move either slider or type an amount. The other amount updates with it.
The wolse deposit is paid from your own cash in this comparison. The loan field applies to jeonse only.
Rate used: benchmark snapshot
4.80%
Your financing break-even
3.00%
From your cash and loan inputs
The market benchmark and offer rate measure the rent saved by paying a larger deposit. Your financing break-even rate measures whether that saving covers your modelled cash and loan costs.
Deposit upfront
₩100,000,000
Monthly rent
₩800,000
₩300,000,000 jeonse = ₩100,000,000 deposit + ₩800,000 per month at a 4.8% annual conversion rate.
Cash no longer tied up in the deposit: ₩200,000,000
Every ₩10 million less in deposit adds ₩40,000 per month under this conversion rate.
This balance fits both budget limits
Deposit range within both limits: ₩50,000,000 to ₩150,000,000.
Your modelled financing break-even rate: 3.00%. With this deposit and financing, a higher conversion rate favours jeonse; a lower rate favours wolse.
Jeonse has a ₩7,200,000 lower modelled cost over the lease.
Modelled cost break-even rent: ₩500,000 per month. Below it, wolse has the lower modelled cost; above it, jeonse does.
Cost includes rent, simple loan interest, and the assumed return forgone on your own deposit cash. The model assumes constant rates and full deposit return. It excludes fees, taxes, maintenance, loan principal repayments, investment losses, and deposit losses. A matching conversion does not mean equal financing costs or an available landlord offer.