How to Use the Jeonse Deposit Support Calculator
Korea's youth jeonse rental housing program lets a young person (student, job seeker, etc.) find housing they want, then LH signs the jeonse lease with the landlord and sub-leases it to the youth at low interest. Support limits for a single household are 120 million KRW in the Seoul metro area, 95 million KRW in metropolitan cities, and 85 million KRW elsewhere — LH covers 95% of the amount within the limit, with the tenant covering 5%.
Enter your region and contract deposit amount to see your regional support limit, the amount over the limit, LH's support amount (95%), and your total tenant burden. If the deposit exceeds the limit, the tenant must cover the entire excess themselves, so finding housing within the limit reduces your upfront burden. Apply through the official LH housing application center.
Frequently Asked Questions
The tenant's share (5% of the support amount) is generally interest-free. However, LH's portion (95%) carries a low interest rate of about 1-2% per year.
Any amount exceeding the support limit must be paid entirely by the tenant. The larger the excess, the bigger your upfront burden, so finding housing within the limit is advantageous.
Yes, after the initial 2-year contract, you can renew up to 9 times, allowing you to stay for up to 20 years total.