Real Estate & Tax Β· πŸ‡°πŸ‡· Korea

Dual-Income DSR Calculator (Korea)

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Compare solo, joint, and spouse-only mortgage limits under Korea’s 2026 Stress DSR Phase 3.

About this tool

Dual-Income DSR Calculator is a free tool that compares Korean mortgage limits across three name-holding scenarios β€” solo, joint with spouse, or spouse-only β€” under the 2026 Stress DSR Phase 3 rules. Enter each spouse income (employment, business, rental, other) plus existing mortgage payments, credit-line balances, and negative-balance account limits, and the calculator auto-applies the stress add-on (+3.0%p for Seoul metro, +0.75%p for regional areas) and breaks out limits by repayment method (annuity, graduated, balloon). Toggle policy loans (Bogeumjari, Didimdol, special Bogeumjari) and the DSR cap rises to 50–60% automatically. The scenario with the largest available loan is highlighted with a recommended badge. All calculations run in your browser; income and debt details never leave your device.

Use cases

Scenario 1

Newlywed dual-income first home

A dual-income couple buying a β‚©600M Seoul apartment compares solo vs. joint application β€” joint often unlocks β‚©100M+ extra capacity.

Scenario 2

When spouse-only is the right call

When the primary borrower already carries heavy mortgage or credit-line debt, simulate spouse-only ownership to see whether the larger limit justifies acquisition-tax and gifting trade-offs.

Scenario 3

Effect of closing a credit line

See how closing a β‚©50M unused negative-balance account drops DSR by a few points and lifts the limit β€” just lower the input field.

Scenario 4

Policy loan vs. bank loan

Display caps from special Bogeumjari (DSR 60%) and a commercial bank (DSR 40%) at the same income to choose the better path.

Scenario 5

Freelancer or self-employed couple

Enter declared (reported) income for self-employed spouses to approximate what banks actually credit, and locate the largest joint-application limit.

Features

  • Separate income input per spouse (employment / business / rental / other)
  • Auto-applied 2026 Stress DSR Phase 3 add-on (Seoul +3.0%p / regional +0.75%p)
  • Side-by-side limits for solo / joint / spouse-only scenarios
  • Annuity / graduated / balloon repayment limits in one view
  • Visualize how credit lines and negative-balance accounts move DSR
  • Policy-loan toggle (Bogeumjari / Didimdol / Special) for DSR 50–60% caps
  • Shareable URL + localStorage save (in-browser only)

Frequently asked

Q. Does joint ownership automatically mean joint DSR?
A. No. The bank only treats it as joint when both spouses sign as joint-and-several debtors. Mere co-ownership often defaults to single-borrower DSR. Confirm at the branch β€” rules differ between banks.
Q. What is the exact 2026 Stress DSR Phase 3 add-on?
A. As of 2026-04, +3.0%p in Seoul metro and +0.75%p in regional areas. Final figures and effective dates depend on FSC notices β€” check the latest release.
Q. Do unused credit-line balances still count toward DSR?
A. Yes. The DSR uses your set credit limit, not actual usage. Closing or reducing the line immediately lowers DSR.
Q. How do I enter freelancer / self-employed income?
A. Use the declared-income line on your Hometax tax return. Banks credit declared income, not gross revenue, so it usually undercounts what you feel you earn.
Q. Can I sign a purchase contract relying on this result?
A. No. This is a reference based on published formulas. Real limits depend on internal underwriting, credit score, and LTV β€” get formal pre-approvals from 2–3 banks before signing.

Sources / references

Related tools

How we run it / disclaimer

This tool is advisory and does not constitute legal, tax, medical, or financial advice. All calculations and document generation run in your browser; inputs are never sent to a server. Ads follow Google AdSense policy and are kept separate from tool accuracy.