Korea's Jutaek Yeongeum: Age 55, 1.2bn Won Cap, Payout Math
Korea's reverse mortgage (jutaek yeongeum) opens to couples where one spouse is 55 or older and combined official housing value is 1.2 billion won or less. Working back from the 1.338m won monthly payout at age 72 on a 400m won home gives the payout rate.