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Korea Real Estate Brokerage Fee Calculator | Sale, Jeonse & Wolse Cap

Enter a home sale price or deposit and monthly rent to estimate Korea's brokerage-fee cap, including the under-KRW-50-million ×70 rule, exact rate thresholds, transaction value used, and VAT reference.

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Enter your details below. Results update instantly.

-Transaction value used
-Applied max rate
-Cap amount
-Estimated brokerage fee (max)
-VAT included (reference)

Choose a transaction type and enter an amount to estimate the maximum fee.

Homes only. For monthly rent, value = deposit + rent × 100; when that result is below KRW 50 million, rent × 70 is used instead. Rates follow the national upper-limit table, but local ordinances and negotiation apply.

Why estimate a real estate brokerage fee in advance?

When buying a home or signing a jeonse or wolse lease in Korea, it is easy to budget for the deposit and final payment but overlook the brokerage fee.

This calculator applies the upper-limit rate for the relevant transaction-value bracket so you can estimate the maximum fee before negotiating with the brokerage.

Key features

  • Automatically applies the upper-limit rate for a home sale or residential lease
  • Applies fixed caps for the relevant brackets, including KRW 250,000, KRW 800,000, and KRW 300,000
  • Converts rent using deposit + monthly rent × 100, then automatically uses the statutory ×70 exception when the first result is below KRW 50 million
  • Assigns exact thresholds such as KRW 50 million, 900 million, 1.2 billion, and 1.5 billion to the correct higher bracket
  • Shows both the estimated fee cap and a VAT-included reference amount
  • Lets you copy the result for comparison or a pre-contract discussion

How to use

  1. Select either a home sale or residential lease.
  2. For a sale, enter the sale price. For jeonse or wolse, enter the deposit and monthly rent as whole KRW amounts.
  3. Review the transaction value used, maximum rate, and estimated brokerage-fee cap.
  4. Select Copy result to save a note for your pre-contract discussion.

Example: A KRW 10 million deposit plus KRW 500,000 monthly rent produces KRW 60 million using ×100, so the transaction value remains KRW 60 million. With no deposit, KRW 500,000 rent produces exactly KRW 50 million and still uses ×100. KRW 400,000 rent produces KRW 40 million with ×100, so the ×70 exception applies and the transaction value becomes KRW 28 million.

Calculation basis and limitations

  • The calculator follows Korea’s national upper-limit table for residential brokerage fees under Article 20 and Appendix 1 of the Enforcement Rule of the Licensed Real Estate Agents Act.
  • The result is the reference maximum that one client side may pay. The actual fee is negotiated within the applicable city or provincial ordinance.
  • Residential officetels, land, commercial properties, and other non-housing transactions use different rules and are not covered.
  • The VAT-included figure simply adds 10% as a general-taxpayer reference. Check the brokerage’s tax status and documentation.

FAQ

Why can the result differ from the fee I actually pay?

This calculator shows the statutory upper limit. The actual brokerage fee is negotiated within that limit.

Can I calculate a monthly-rent contract?

Yes. Enter the deposit and monthly rent separately, and the calculator automatically applies ×100 or the ×70 exception when the first result is below KRW 50 million.

Do I always have to pay VAT?

It depends on the brokerage’s tax status and the contract, so treat the VAT-included result as a reference only.

Which rate bracket applies to a sale at exactly KRW 900 million?

The calculator applies the 0.5% upper-limit bracket for sales of KRW 900 million or more. Exact thresholds at KRW 1.2 billion and 1.5 billion likewise enter their respective higher brackets.

Summary

Use this Korea real estate brokerage fee calculator to check a sale, jeonse, or wolse commission cap before signing and establish a practical basis for negotiation.

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