Total senior claims
Prior mortgages, liens, and other senior claims are added together.
Jeonse Deposit Safety Calculator
Korean Lease Deposit Risk Assessment
Risk LevelSafe
High probability of full deposit recovery in foreclosure.
Deposit LTV Ratio
70%
Recovery Rate
100%
Recovery Rate30,000 / 30,000 ₩10K units
Property Market Value (₩10K)50,000 ₩10K units
Total Prior Claims5,000 ₩10K units
Net Equity Buffer45,000 ₩10K units
Jeonse Deposit (₩10K)30,000 ₩10K units
💡 Safe Jeonse Tips
Generally safe when (deposit + prior claims) / property value ≤ 70–80%. Also consider Jeonse deposit insurance (HUG or SGI).
Jeonse safety depends on senior claims, not only the home price
The main risk in a Korean jeonse lease is whether the deposit can be recovered after senior mortgages and claims are paid in foreclosure. This calculator combines property value, jeonse deposit, prior loans, and other senior claims to estimate deposit LTV and recovery capacity.
Calculation basis
Deposit LTV
(Jeonse deposit + senior claims) ÷ property market value × 100.
Recovery rate
Estimated recoverable deposit is limited by property value after senior claims.
How to use
- Enter a realistic property market value using recent transactions or appraisals.
- Enter the jeonse deposit, prior loans, and other senior claims.
- Use the deposit LTV and recovery rate as a prompt to verify registry records, insurance eligibility, and contract terms.
Frequently asked questions
Is 70-80% always safe?
No. It is only a rule-of-thumb. Foreclosure sale price, tenant priority, move-in report, fixed-date stamp, and guarantee insurance eligibility all matter.
Where do I check senior claims?
Review the Korean property registry for mortgages, attachments, and provisional claims, then cross-check existing lease deposits and tenant rights through documents.
Does jeonse guarantee insurance remove all risk?
No. Insurance has eligibility rules, coverage limits, and exclusions. Confirm directly with HUG, SGI, or the relevant provider.
This tool is a general estimate. Confirm legal priority, guarantee insurance, and contract decisions with the relevant institution or professional.