#Loans
Related posts · 12 posts
Seoul's Policy Loans Cost 2.65% After the Subsidy — and the Subsidy Is Where Banks Differ
A policy loan brochure quotes two rates: what the bank charges and what the city pays. The borrower carries the gap, which nothing publishes.
Jeonse Loan Rates Differ by 1.99 Points Between Banks — With the Same Guarantee Behind Them
The lowest was 3.79% and the highest 5.78%. On a KRW 100 million loan that is KRW 1.99 million a year.
Korean DSR Calculator — the Ratio That Sets Your Limit, Not You
Enter income and existing debt to see how much more you can borrow, and what the limit would be with the stress rate switched off.
Korea's 40% DSR Is Not in the Statute — the Three Documents That Set It
The Banking Act carries no figure, the regulation pushes it into a table, and the arithmetic is delegated again to the supervisor.
Five Places People Get Korea's DSR Wrong — All of Them in Figures
Counting interest only gets you a quarter of the way, the heavy thing is the term rather than the balance, and the LTV limit is not your limit.
The Order to Check Before Buying a Home in Korea — The Reversible Stretch Ends at “Beginning Performance”
Money leaves as deposit, interim and balance, but the point of no return and the point of ownership arrive somewhere else. The order comes from the statutes.
Jeonse vs Monthly Rent — the Numbers the Law Actually Fixes
The conversion cap is the lower of 10% a year and the base rate plus 2 points. At a 2.75% base rate in August 2026, that is 4.75%.
Emergency Fund — One Month First, and Where It Is Actually Safe (2026)
No agency source for 'three to six months' turned up, and the line a US regulator drew was one month. Meanwhile the same 'CMA' sits in both the protected and unprotected column.
Deposit Protection at ₩100m — The Principal That Fits Is Not ₩100m
The cap covers principal and interest together, so at 3.5% the ceiling is ₩96.62 million. The higher the rate, the less principal fits.
Buying an Apartment in Korea, Step by Step — Contract to Registration
A false transaction report is fined at up to 10% of the price, not a flat sum — on a ₩1B deal that ceiling is ₩100M.
Prepayment Penalty Calculator (Korea, 2026)
The 2025 cut was not the same for everyone — bank credit loans fell to an eighth, savings banks by under a fifth.
What a Credit Score Is Actually Worth — Korean Bank Disclosures (2026)
What a credit score is worth depends on the bank. Some charge the same rate at 950 points and under 600.