Korean Loan Prepayment Fee Calculator (2026)

Enter prepaid principal, fee rate, and elapsed time to get the prepayment fee, prorated by the remaining fee period.

Prepayment fee, prorated by remaining period

Repaying a loan early triggers a prepayment fee, usually charged only within a fee period (e.g. 3 years) and shrinking over time.

Fee = principal × rate × (remaining days ÷ fee period). For example, repaying 50M KRW at 1.2% one year into a 3-year period applies the 2/3 remaining ratio, giving about 400,000 KRW.

After the fee period ends, there is no fee. Rates and periods vary by product (mortgages are typically 1.2% over 3 years) — check your contract. See the DSR & loan limit or loan calculator.