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Rent Conversion Calculator

The legal cap is the BOK base rate plus 2 percentage points.

Jeonse ↔ monthly rent conversion

KRW
KRW
%

Legal cap 5.0%

Monthly rent

₩833,333

₩200,000,000 at 5.00% a year

BOK base rate
3.00% (2026-08-27~)
Housing legal cap
5.0%

The legal cap applies when converting during a lease. New leases are usually priced at market rates.

Deposit convertedAt 5%At 6%
₩50 million₩208,333₩250,000
₩100 million₩416,667₩500,000
₩200 million₩833,333₩1,000,000
₩300 million₩1,250,000₩1,500,000

FAQ

What is the legal rate?

The lower of 10% and the base rate + 2 points (5.0% since 27 Aug 2026).

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