Total-cost comparison
Reflects the opportunity cost of jeonse and the interest, taxes, and price change of buying.
Real Estate Tool
Jeonse vs Buy Calculator — Korea Housing Cost Comparison
Compare the total cost of jeonse (Korean lease) vs buying a home over your expected holding period.
Jeonse vs Buy Calculator
* LTV 60% 기준 계산. 취득세·중개비·수리비 등 제반 비용은 별도이며, 실제 상황과 다를 수 있습니다.
What is the jeonse vs buy calculator?
Enter the purchase price, jeonse deposit, loan rate, and expected holding period to compare which is cheaper overall for living in the same home: jeonse (Korean lease) or buying.
How to use
- 1 Enter the purchase price and jeonse deposit.
- 2 Enter the loan rate and your equity.
- 3 Set the expected holding period and home-price growth.
- 4 Compare total costs and the difference between jeonse and buying.
Highlights
Scenario-based
Shows the outcome under your holding period and price-growth assumptions.
Decision aid
Estimates the break-even between keeping jeonse and buying.
FAQ
Which is better, jeonse or buying?+
Buying tends to win with a long stay and rising prices; jeonse with a short stay or flat prices. It depends on your assumptions.
What is the opportunity cost of jeonse?+
The return you could earn by investing the jeonse deposit elsewhere, counted as a cost in the comparison.
How do I set home-price growth?+
It depends on the area and outlook; try both conservative and optimistic scenarios.
Related calculators
This calculator is for reference only. Actual results vary greatly with taxes, transaction costs, and rate/price movements. Consult a professional for major decisions.