Jeonse ↔ Wolse Conversion Calculator — Bank of Korea Rate | utilo.kr

KRW
KRW

Reference: Bank of Korea jeonse-wolse rate

※ Simple conversion rate estimate. Actual contract terms may differ.

How to use

Convert between Korea's two rental contracts — jeonse (lump-sum deposit) and wolse (deposit + monthly rent) — using the Bank of Korea's official conversion rate.

  1. Select the "Jeonse → Wolse" or "Wolse → Jeonse" tab.
  2. Enter the lump-sum amount, or the deposit and monthly rent in KRW.
  3. Set the annual conversion rate, or keep the default reference value.
  4. Read the converted figure and compare alternate deposit ratios in the table.

This applies only the conversion-rate formula. Statutory caps under the Rental Housing Act and actual market rates are not factored in.

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