300M KRW Mortgage Payment

How much monthly payment for 300M KRW loan?

Loan Amount
3억원
Monthly Payment
1,432,246원
4% rate, 30 years
Total Payment
5억 1,560만원
Total Interest
2억 1,560만원

📊 Monthly Payment by Interest Rate

RateMonthlyTotalInterest
3.5%1,347,134원4억 8,496만원1억 8,496만원
4%1,432,246원5억 1,560만원2억 1,560만원
4.5%1,520,056원5억 4,722만원2억 4,722만원
5%1,610,465원5억 7,976만원2억 7,976만원
5.5%1,703,367원6억 1,321만원3억 1,321만원

📅 By Repayment Period

PeriodMonthlyTotalInterest
20years1,817,941원4억 3,630만원1억 3,630만원
30years1,432,246원5억 1,560만원2억 1,560만원
35years1,328,324원5억 5,789만원2억 5,789만원

💡 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 300M KRW loan?

At 4% interest over 30 years, monthly payment is 1,432,246원.

What is the total interest for 300M KRW loan?

At 4% over 30 years, total interest is about 2억 1,560만원.

How much do I save with shorter term?

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