Jeonse Guarantee Insurance Calculator

Jeonse Guarantee Insurance Calculator helps compare Korea-related jeonse, monthly rent, guarantee, and lease-cost assumptions in English.

Jeonse guarantee insurance calculator

Uses the Korean HUG, HF, and SGI jeonse guarantee-insurance comparison model for jeonse ratio, senior claims, institution limits, guarantee ratio, discounts, local subsidy, and daily protection cost.

Korean source inputs

Jeonse ratio

66.7%

normal

Senior claim ratio

0%

Senior claims ₩0.

Cheapest institution

HF

Cheapest premium ₩144,000.

Actual burden

₩0

Local subsidy ₩400,000.

Protection ratio

0%

Daily cost ₩197.

Eligible institutions

3

HUG, HF, and SGI are evaluated separately.

This English calculator calls the same pure Korean calculation function used by the Korean page. Inputs and labels are translated; the formula is not replaced by a generic stub.

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Jeonse guarantee insurance calculator

This guide follows the Korean HUG, HF, and SGI jeonse guarantee insurance cost comparison calculator.

Jeonse ratio and senior claims

The source first calculates jeonse ratio and senior-claim ratio. Senior claims include senior mortgage, senior deposit, and other senior claims, and HUG, HF, and SGI can reject cases where senior claims exceed the source threshold.

Jeonse ratio levels are safe, normal, caution, danger, and critical. The institution checks then apply each institution-specific jeonse ratio cap instead of using one universal safety threshold.

HUG and HF

HUG rates are 0.115 percent for apartment, 0.128 percent for villa, and 0.140 percent for officetel. HUG limits are KRW 700 million in the capital region and KRW 500 million outside, coverage is 100 percent, and jeonse-price caps are 126 percent for apartment and 115 percent for villa or officetel.

HF rates are 0.02 to 0.04 percent for apartment and 0.04 to 0.07 percent for villa. HF uses the same KRW 700 million and KRW 500 million regional deposit limits, 80 percent coverage, and jeonse-price caps of 150 percent for apartment and 140 percent for villa or officetel.

SGI and discounts

SGI rates are 0.183 percent for apartment, 0.193 percent for villa, and 0.197 percent for officetel. Apartment cases have no SGI guarantee limit in the source, non-apartment cases use KRW 1 billion, coverage is 90 percent, and non-apartment jeonse-price cap is 130 percent.

HUG discounts include youth 30 percent, newlywed 30 percent, multi-child 40 percent, and low-income 20 percent, capped at 40 percent. HF discounts include multi-child 50 percent and newlywed 30 percent, capped at 50 percent. SGI applies no preferential discount in the source.