Mortgage calculator
Calculates your maximum loan and monthly payment under LTV and stress DSR rules.
M ₩₩900M
M ₩₩70M
M ₩Credit loans, car payments, etc. per year
M ₩Leave empty to use the maximum
%
yrs
Loan available
₩411M
Loan 46%Cash needed ₩489.1M
LTV limit (70%)
₩600M
Stress DSR 40% limit
At 5.5% including the stress add-on
₩411M
- Seoul-area mortgage cap of ₩600M applied
- Your limit is capped by the 40% stress DSR rule
Monthly payment (amortizing)
₩2M
Total interest
₩295.4M
Total repayment
₩706.3M
DSR / stress DSR
33.6% / 40%
Compare repayment methods
₩411M at 4% a year over 30 years
| Method | First month | Last month | Total interest |
|---|---|---|---|
| Level payment | ₩2M | ₩2M | ₩295.4M |
| Level principal | ₩2.5M | ₩1.1M | ₩247.3M |
| Interest-only | ₩1.4M | ₩412.3M | ₩493.1M |
Level principal costs the most at first but the least interest overall. Interest-only means paying just interest each month and the whole principal in the last month.
Balance by year
Level-payment basis
| Elapsed | Principal/mo | Interest/mo | Balance |
|---|---|---|---|
| 1 mo | ₩592,100 | ₩1.4M | ₩410.4M |
| 1 yr | ₩614,200 | ₩1.3M | ₩403.7M |
| 2 yr | ₩639,200 | ₩1.3M | ₩396.2M |
| 3 yr | ₩665,200 | ₩1.3M | ₩388.3M |
| 4 yr | ₩692,400 | ₩1.3M | ₩380.2M |
| 5 yr | ₩720,600 | ₩1.2M | ₩371.7M |
| 30 yr | ₩2M | ₩6,500 | ₩0 |
A government loan may be cheaper
Check Didimdol, Bogeumjari and newborn special loans
These results are estimates for reference only. Actual taxes and limits depend on your situation and current law. Check with a tax accountant or lender before making decisions.