The Great Rental Debate in Korea

Deciding between Jeonse (lump-sum deposit) and Wolse (monthly rent) isn’t just about presence of a monthly bill. It’s a complex mathematical problem involving interest rates, investment returns, and capital liquidity. Depending on the current economic climate, the “obvious” choice can flip-flop.

Jeonse Info

Deposit Amount (₩)

Loan Amount (₩)

Loan Interest Rate (%)

Deposit Interest Rate (%)

Contract Period (Months)

Monthly Rent Info

Deposit Amount (₩)

Monthly Rent (₩)

Management Fee (₩)

Deposit Interest Rate (%)

Which one to choose?

Enter the details for both Jeonse and Rent to find the most economical option for your situation.

Key Metrics for Comparison

Imputed Rent: The interest you lose by keeping your money in a deposit.
Loan Interest vs. Monthly Rent: If the interest on a Jeonse loan is lower than the equivalent monthly rent, Jeonse wins—mathematically.
Capital Opportunity: Could your large deposit earn more in the stock market or a savings account than it “saves” you in rent?

Calculate the real dollar difference with the Ahoxy Jeonse vs. Rent tool.