Loan Prepayment Penalty Calculator

Enter principal, fee rate, and elapsed period to get the sliding-scale fee, your 3-year exemption D-day, and refinance break-even at once.

ReferenceThis is not financial advice. Actual fees and exemption terms vary by bank and product — always confirm with your financial institution.

🧮 Prepayment Details

×10K KRW
%
months

Most banks: 36 months (3 years)

×10K KRW

Enter in 10,000 KRW if you have a 10% partial-repayment exemption, else 0

💸 Prepayment Penalty Result

Estimated prepayment penalty

100,730원

approx. 약 10.1만원

⏳ D-184 to exemption

Days remaining as of the prepayment date

Elapsed days 912일Fee period 1,096일

Remaining days 184일 · Sliding ratio 17%

Exemption date

2027-01-15

Fee-eligible principal

5,000 ×10K KRW

To exemption from today D-187 (2027-01-15)

Fee = eligible principal × rate × (remaining days ÷ fee-period days)

🔄 Refinance (Switch) Break-even

Compare the interest you'd save by switching against the prepayment penalty you'd owe.

×10K KRW
%
%
months

Net benefit (interest saved − fee)

899,270원

Refinancing worth it

Total saved over term

1,000,000원

Annual interest saved 500,000원

Break-even

약 2.4개월

Uses the prepayment penalty calculated above.

A simple approximation assuming a fixed balance. In reality the balance falls as you repay, so savings are somewhat lower — use for directional guidance only.

🏦 Bank Fee-Rate Reference (2025.1.13 reform)

BankMortgageCredit loan
KB Kookmin0.7%0.5%
Shinhan0.7%0.5%
Hana0.7%0.6%
Woori0.7%0.5%
NH Nonghyup0.8%0.6%

These figures are representative examples reflecting the 2025.1.13 reform. Actual rates vary by product and enrollment date — confirm with your terms or the KFB consumer portal.

Check actual per-bank rates on the KFB consumer portal →

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