Rent vs Buy Comparison
Compares net housing costs over N years including opportunity cost. Does not account for property value changes.
Jeonse (Lump-sum)
Deposit
KRW
Monthly rent
DepositMonthly rent
KRW
KRW/mo
Purchase
Purchase priceDown paymentMortgage rate
KRW
KRW
%
Comparison period
yr
Opportunity cost (savings rate)
%
Comparison Result (5yr net housing cost)
Lowest cost
Monthly rent
49,909,428 KRW
Jeonse (Lump-sum)
57,282,849 KRW
Purchase
70,888,388 KRW
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