Korean Deposit-to-Rent Conversion
Convert part of a Korean rental deposit into monthly rent or find the deposit equivalent of rent. The tool performs algebra at your entered rate and does not determine a legal cap or whether a contract change is permitted.
- Runs in your browser
- Nothing is uploaded
- No signup; device limits apply
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How to use this tool
Choose the direction, amount and annual rate. If part of the deposit remains, enter only the portion actually being converted rather than the original full deposit.
Results and examples
Rent equals converted deposit × annual rate ÷ 12; the reverse is rent × 12 ÷ rate. The default is not a current legal ceiling, so use a rate checked for the contract and date.
Worked example
Converting KRW 100 million at 6% annually gives KRW 500,000 monthly rent.
Limitations
- Statutory caps and base rates are not retrieved automatically.
- Maintenance charges, deposit-return risk and agreement requirements are not assessed.
Fields
| Field | Guidance and constraints |
|---|---|
| Jeonse → monthly rent | Check the unit and format displayed beside this field. |
| Monthly rent → jeonse | Check the unit and format displayed beside this field. |
| Jeonse deposit (KRW) | Check the unit and format displayed beside this field. |
| Conversion rate (annual %) | Check the unit and format displayed beside this field. |
Data handling
Processing stays in the current browser tab; the site does not upload tool input for the calculation itself.
Sources
Frequently asked questions
Should I include the retained deposit?
No. Enter only the difference being converted.
May I contract at the default rate?
It is an example; check applicable rules and agreed terms first.
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