Jeonse Monthly Conversion Calculator
Convert deposit differences into monthly rent, or monthly rent differences into equivalent deposit amounts.
Conversion inputs
Use a user-entered annual conversion rate to convert between deposit and monthly rent.
300M KRW
200M KRW
700K KRW
Enter a value above 0 to calculate the conversion.
100K KRW
Converted estimate
Monthly and annual housing costs are shown separately.
About Jeonse Monthly Conversion Calculator
The Jeonse Monthly Conversion Calculator is a free, browser-based tool that converts a deposit difference into an equivalent monthly rent, or a monthly rent difference into an equivalent deposit, using an annual conversion rate you enter. It runs entirely in your browser, so the figures you type never leave your device.
It is built for renters and landlords in Korea comparing jeonse and monthly-rent (wolse) options, such as deciding whether to lower a deposit and pay more rent, or raise a deposit to cut monthly payments. You pick a conversion direction, then enter current and target deposit and rent amounts, an annual conversion rate, and an optional management fee.
The core formula is the deposit difference multiplied by the annual conversion rate, divided by 12. The tool then shows the converted monthly rent, converted deposit, the monthly payment difference, and an annualized housing cost. The management fee is added only to the annual cost, not to the rent conversion itself.
Results are estimates for reference only and are not financial, tax, or legal advice. The calculator uses the rate you enter and does not automatically load statutory conversion limits or current market rates, so confirm against your contract and local rules before deciding.
Frequently asked questions
- How does this calculator convert a deposit to monthly rent?
- It takes the difference between your current and target deposit, multiplies it by the annual conversion rate, and divides by 12 to get the equivalent monthly rent, added on top of any existing rent.
- Does it use the official statutory conversion rate?
- No. It only uses the annual conversion rate you type in. It does not load statutory limits or current market rates, so enter a rate that matches your contract or local rules.
- Is my financial data sent anywhere?
- No. All calculation happens locally in your browser, and the deposit, rent, and rate values you enter are never uploaded or stored on a server.