1500M KRW Mortgage Payment

How much monthly payment for 1500M KRW loan?

Loan Amount
15억원
Monthly Payment
7,161,229원
4% rate, 30 years
Total Payment
25억 7,804만원
Total Interest
10억 7,804만원

📊 Monthly Payment by Interest Rate

RateMonthlyTotalInterest
3.5%6,735,670원24억 2,484만원9억 2,484만원
4%7,161,229원25억 7,804만원10억 7,804만원
4.5%7,600,280원27억 3,610만원12억 3,610만원
5%8,052,324원28억 9,883만원13억 9,883만원
5.5%8,516,835원30억 6,606만원15억 6,606만원

📅 By Repayment Period

PeriodMonthlyTotalInterest
20years9,089,705원21억 8,152만원6억 8,152만원
30years7,161,229원25억 7,804만원10억 7,804만원
35years6,641,621원27억 8,948만원12억 8,948만원

💡 Mortgage Tips

  • A 0.5% rate difference can mean millions in interest.
  • Principal repayment has lower total interest but higher initial payments.
  • Check prepayment penalties and pay extra when possible.

FAQ

What is the monthly payment for 1500M KRW loan?

At 4% interest over 30 years, monthly payment is 7,161,229원.

What is the total interest for 1500M KRW loan?

At 4% over 30 years, total interest is about 10억 7,804만원.

How much do I save with shorter term?

Switching from 30 to 20 years reduces total interest by about 30%.