Jeonse ↔ Wolse Conversion Calculator — Bank of Korea Rate | utilo.kr
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.
- Select the "Jeonse → Wolse" or "Wolse → Jeonse" tab.
- Enter the lump-sum amount, or the deposit and monthly rent in KRW.
- Set the annual conversion rate, or keep the default reference value.
- 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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