LTV measures against property value, DTI against mortgage principal and interest, DSR against all loan payments — the actual limit is whichever of the three is smallest. Adding Stress DSR cuts the limit by about 16%.
The answer depends on the tax type. For subscription purposes it is not included; for acquisition tax, units acquired after August 12, 2020 are included; for capital gains tax, actual use determines the count.
The monthly recognized contribution for housing subscription accounts rose to 250,000 KRW in November 2024. Based on the 14.93 million KRW average winning balance for public housing pre-applications, here is the gap in time-to-target between depositing 100,000 KRW and 250,000 KRW per month.
The Newborn Special Mortgage targets households within two years of birth, with limits of 400M KRW for purchase and 240M KRW for jeonse. Income, asset gates, the June 27, 2025 limit reduction, and the three-month application window — per the 2026 MyHome Portal notice.
Two line items on the management fee bill have entirely different natures. One is the owner's money paid by the tenant on their behalf — fully refundable at move-out. The other belongs to whoever is living there, with no refund. Here is the legal basis and settlement procedure.
Residential property tax is assessed in full against the June 1 owner. One day shifts who pays for a full year. From assessed value through the fair market ratio and progressive rates to the bill, plus the July/September split structure — with this year's Seoul levy data (residential +15%).
The registry certificate is the first line of defense for your jeonse deposit. What to check in the Title, Section A, and Section B, how to read red flags like seizure, trust registration, and mortgage liens, and how to calculate total senior claims — based on HUG and KB guidance.
Brokerage fees are negotiated within the rate cap, not a fixed price. Based on Seoul's rate table: sale and lease brackets, the monthly rent conversion formula (deposit + monthly rent × 100), officetel rates, and VAT — in calculation order.
Jeonse deposit insurance pays out when a landlord cannot return the deposit — but it does not attach to every jeonse contract automatically. Property type eligibility, premium calculation, and red flags that trigger denial: what to verify before signing.
The 2020 lease renewal right gives tenants one two-year extension and caps rent increases at 5%. Real disputes arise outside the statute — in how the 5% is calculated, what grounds justify refusal, and whether market rents apply to subsequent new contracts.