ToolBada Runtime Fragment

Tax · Real estate

Quick Korean apartment holding tax estimator

Enter the official price to roughly estimate a year’s holding tax — property tax (progressive rates), urban area levy and local education tax — and see a rough note on comprehensive real estate tax for one-home owners. You can edit the fair market value ratio and rates.

Official housing price

One-home household (show the comprehensive tax note)

Rates & ratio settings (housing · editable)

Fair market value ratio (%) Urban area levy rate (%) Local education tax (% of property tax) Comprehensive tax basic deduction (100M won, 1 home)

Property tax progressive rates (% by tax base bracket, housing)

Tax base bracket	Rate (%)
₩60M or less
Over ₩60M to ₩150M
Over ₩150M to ₩300M
Over ₩300M

Progressive deductions are calculated automatically from the bracket rates above (equivalent to ₩60K/₩30K/₩180K). The urban area levy applies to the whole tax base.

※ A rough estimate that may differ from reality. It is a very simple calculation that does not reflect the tax burden cap, one-home credits (age, long-term holding), changes in the fair market value ratio, or reductions and special cases. Check the exact tax on Wetax (wetax.go.kr) or Hometax (hometax.go.kr).