{"content_id":"0vcsstohng","slug":"jeonwolse-safe-trust-housing-eligibility","locale":"en","schema_type":"Article","category":"policy_guide","category_name":"Policy Guide","title":"Jeonse and Monthly Rent Security Trust: ₩2 Billion Home Cap","summary":"The Jeonse and Monthly Rent Security Trust is a program in which HUG manages tenants' deposits and pays landlords an agreed return. Consider the eligibility requirements separately from the schedule announced at the time, and compare housing costs by calculating loan interest and the cash you need.","sponsorship_disclosure":null,"affiliate_disclosure":null,"commerce_disclosure":null,"author":{"name":"Injoys Editorial Team","url":"https://injoys.com/ko/about"},"key_points":["The Jeonse and Monthly Rent Security Trust is a program that landlords and tenants join voluntarily.","The August 2026 announcement outlined a plan to start with homes worth at most ₩2 billion, with no income or asset limits.","Tenants place their deposits with the Jeonse and Monthly Rent Stabilization Agency, while landlords receive an agreed monthly return.","If you borrow ₩160 million of a ₩200 million jeonse deposit at an annual rate of 3.97%, the monthly interest is approximately ₩529,333 by simple calculation.","At the time of the announcement, applications were planned for October 2026. Check HUG's application notice for the actual application dates and required documents."],"content_markdown":"The Jeonse and Monthly Rent Safe Trust is a program in which tenants place their deposit with HUG and live in a home under a jeonse lease. People can apply voluntarily, with no income or asset limits. The initial focus is on homes with a market value of 2 billion won or less. Participating homes undergo a separate review.\n\nThe figures and rollout schedule are based on the Ministry of Land, Infrastructure and Transport’s announcement of August 20, 2026.\n\n## What is the Jeonse and Monthly Rent Safe Trust?\n\nThe program makes homes listed for monthly rent available under jeonse leases. It connects tenants who want a jeonse lease with landlords who want monthly income. The Korea Housing \u0026 Urban Guarantee Corporation (HUG) serves as the Jeonse and Monthly Rent Stabilization Agency.\n\nThe program’s funds flow as follows.\n\n1. The landlord, tenant, and stabilization agency sign a three-party agreement.\n2. The tenant deposits the agreed amount into the agency’s designated account.\n3. The agency invests the deposit and other funds and pays the landlord the agreed return.\n4. When the lease ends, the agency returns the deposit to the tenant.\n\nUnder this structure, the agency is responsible for returning the tenant’s deposit. Instead of receiving and using the deposit directly, the landlord receives monthly income. This is not a subsidy program that pays tenants cash each month.\n\n## How are the participation requirements divided?\n\nCheck a person’s eligibility to apply separately from the criteria used to review a home. The absence of income and asset limits does not mean every home will be approved. Anyone seeking a jeonse loan must also meet the loan requirements separately.\n\n| Category | Announcement and guidance | What to check |\n| --- | --- | --- |\n| Landlord and tenant | Voluntary applications, with no income or asset limits | Willingness to participate and contract terms |\n| Home price | Initial rollout for homes with a market value of 2 billion won or less, according to the August 2026 announcement | How the application notice determines the price |\n| Home condition | Basic checks, including for building code violations | Reasons participation may be restricted |\n| Deposit amount | Review for jeonse deposits that are excessive relative to market value | Permitted deposit range |\n| Jeonse loan | Available if the requirements for the loan product are met | Available loan amount and applicable interest rate |\n\nParticipation is not mandatory. HUG’s “Introduction to the Jeonse and Monthly Rent Safe Trust” FAQ explains:\n\n\u003e Participation in this program is not legally required.\n\nExisting jeonse leases do not automatically become Safe Trust leases. Changing an existing lease requires agreement among the parties. The program’s review and agreement procedures must then be completed.\n\n## How to apply and when move-ins begin\n\nLandlords can apply on their own, or landlords and tenants can apply after discussing participation in advance. The schedule below is the rollout plan announced in August 2026. It is not a schedule confirming whether applications have actually opened.\n\n| Stage | Plan at the time of the announcement | What to check |\n| --- | --- | --- |\n| Program notice | Late September 2026 | Application process, agreement, monthly return rate |\n| Applications | October 2026 | Opening date, where to apply, required documents |\n| Agreement and deposit | Beginning November 2026 | Timing of the three-party agreement and deposit payment |\n| Move-in | In stages beginning December 2026 | Move-in date for each home |\n\nTo prepare an application, check the following in order.\n\n1. Find the Jeonse and Monthly Rent Safe Trust application notice on the HUG Safe Jeonse Portal.\n2. Discuss the deposit amount and willingness to participate with the landlord.\n3. If you need a loan, check the available amount and interest rate with a financial institution.\n4. Apply using the documents and method specified in the notice.\n5. After the review, check the agreement’s terms for deposit payment, return, and move-in.\n\nLandlords who have not found a tenant can also apply. In that case, they can use HUG’s tenant recruitment support. If a tenant has been found, the parties can agree on the deposit amount before applying.\n\nThe announcement listed HUG’s website and branches nationwide as application channels. Check the application notice to see whether applications are currently open and which documents are required. Look for the notice under the portal’s “Jeonse and Monthly Rent Safe Trust Program” menu.\n\n## Example: monthly rent of 740,000 won versus jeonse loan interest\n\nIn the example from the announcement, the calculated loan interest is lower than the monthly rent. Actual savings depend on the amount borrowed and the interest rate. The calculation below assumes the loan principal remains unchanged.\n\n| Item | Announced example and calculated amount |\n| --- | --- |\n| Home market value | 300 million won |\n| Jeonse deposit | 200 million won |\n| Existing monthly rent lease | Deposit of 10 million won, monthly rent of 740,000 won |\n| Jeonse loan | 160 million won, 80% of the jeonse deposit |\n| Interest rate | 3.97% per year in the announced example |\n| Annual interest | 160 million won × 3.97% = 6,352,000 won |\n| Average monthly interest | 6,352,000 won ÷ 12 months = approximately 529,333 won |\n| Difference between monthly rent and monthly interest | Approximately 210,667 won |\n| Annual difference | 8,880,000 won - 6,352,000 won = 2,528,000 won |\n\nUnder these conditions, the difference between monthly rent and interest is approximately 200,000 won per month. This calculation spells out the announcement’s figure of approximately 530,000 won in monthly interest. The interest actually charged may vary depending on factors such as the number of days used to calculate it.\n\nThe annual rate of 3.97% was used for the announced example. It is not a confirmed rate for current applicants. A loan covering 80% of the jeonse deposit is not guaranteed for every applicant either.\n\n## Comparing the personal funds needed beyond monthly interest\n\nIn the example above, moving to a jeonse lease requires 40 million won of the tenant’s own funds. That is the 200 million won jeonse deposit minus the 160 million won loan. Even if monthly interest is lower, the lump sum needed to move in may be higher.\n\n| Comparison | Existing monthly rent lease | Safe Trust jeonse example |\n| --- | --- | --- |\n| Total deposit | 10 million won | 200 million won |\n| Deposit loan | Not specified in the example | 160 million won |\n| Deposit to pay from personal funds | 10 million won, if paid from personal funds | 40 million won |\n| Monthly expense compared | Monthly rent of 740,000 won | Loan interest of approximately 529,333 won |\n\nIf the existing deposit was paid entirely from personal funds, an additional 30 million won is needed. This assumes the 10 million won existing deposit is returned and used. Check whether its return date lines up with the payment date for the new deposit.\n\nThe difference between rent and interest does not include the following costs.\n\n- Interest that could be earned by depositing the additional personal funds elsewhere\n- Brokerage fees and moving costs incurred under the actual lease\n- Differences in maintenance fees between homes\n- Principal repayments or additional costs under the loan agreement\n\nTherefore, do not assume that approximately 200,000 won per month is the total reduction in living costs. Compare again using an actual loan quote and move-in costs. Also consider whether you can raise the required personal funds.\n\n## How is the landlord’s return paid?\n\nThe landlord receives the agreed return from the stabilization agency each month. Under the program’s structure, the agency invests deposits and other funds through the Housing Supply Promotion Fund. Its investments include construction project loans backed by HUG guarantees.\n\nThe August 2026 announcement described investment returns in the 4% annual range. Do not treat that figure as a guaranteed payment rate for each landlord. Check the applicable return rate and payment terms in the program notice and agreement.\n\n| Factor | What landlords should check |\n| --- | --- |\n| Monthly income | Agreed return and payment start date |\n| Use of deposit | The landlord cannot use the deposit directly under this structure |\n| Vacancy | Tenant recruitment support and conditions for starting return payments |\n| Guarantee fees | Whether the exemption from the guarantee enrollment requirement applies to registered rental business operators |\n| Tax support | The distinction between planned support and actual eligibility requirements once implemented |\n\nReducing the burden of overdue rent is an expected benefit of the program. Do not assume tenant recruitment support guarantees returns throughout any vacancy. Check the agreement to see when payments begin.\n\nThe announcement also included a proposal to link the program with a housing pension if a landlord moves to a region outside the capital area. Do not count this as additional income for every participating landlord. Separate enrollment requirements and implementation details must be checked.\n\n## Deposit returns and common misunderstandings\n\nHUG’s responsibility for returning the deposit is central to this program. HUG says it guarantees the tenant’s full deposit even if investments incur losses. It has also stated that a separate jeonse deposit return guarantee is unnecessary.\n\nDeposit protection should, however, be distinguished from resolving every lease dispute. Matters such as repairs and maintenance fees need to be checked separately in the contract. Check the agreement for the deposit return process when the lease ends.\n\n| Common misunderstanding | What to distinguish |\n| --- | --- |\n| All jeonse deposits must be placed with the government | This applies to leases voluntarily entered into under the program |\n| The tenant receives the investment return | The landlord receives the agreed return |\n| Loan approval follows from eligibility to apply | Loan requirements must be checked separately |\n| Only part of the jeonse deposit needs to be placed with HUG | HUG’s guidance requires the full lease deposit to be deposited |\n| Monthly rent leases with a deposit cannot participate | A review is needed, including of the amount calculated by converting the deposit and monthly rent |\n| Move-in is guaranteed in the announced month | The agreement and deposit schedule for each home must be checked |\n\nMonthly rent leases with a deposit are also listed as an eligible lease type. This does not mean the monthly rent automatically disappears. Check the final deposit and monthly rent terms in the participation agreement.\n\n## Is the LH pilot supply the same as general participation?\n\nThe LH pilot supply of purchased rental housing should be distinguished from participation by general housing. The pilot supply plan in the August 2026 announcement is for **500 homes in 2026**. The plan aims to reduce housing costs for young households that do not own a home.\n\nDo not assume the income and asset criteria for general participation apply unchanged. Check the relevant application notice for the conditions for moving into an LH home. Use that notice to determine the supply areas and application period as well.","content_html":"\u003cp\u003eThe Jeonse and Monthly Rent Safe Trust is a program in which tenants place their deposit with HUG and live in a home under a jeonse lease. People can apply voluntarily, with no income or asset limits. The initial focus is on homes with a market value of 2 billion won or less. Participating homes undergo a separate review.\u003c/p\u003e\n\u003cp\u003eThe figures and rollout schedule are based on the Ministry of Land, Infrastructure and Transport’s announcement of August 20, 2026.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#what-is-the-jeonse-and-monthly-rent-safe-trust\" class=\"anchor\" id=\"what-is-the-jeonse-and-monthly-rent-safe-trust\"\u003e\u003c/a\u003eWhat is the Jeonse and Monthly Rent Safe Trust?\u003c/h2\u003e\n\u003cp\u003eThe program makes homes listed for monthly rent available under jeonse leases. It connects tenants who want a jeonse lease with landlords who want monthly income. The Korea Housing \u0026amp; Urban Guarantee Corporation (HUG) serves as the Jeonse and Monthly Rent Stabilization Agency.\u003c/p\u003e\n\u003cp\u003eThe program’s funds flow as follows.\u003c/p\u003e\n\u003col\u003e\n\u003cli\u003eThe landlord, tenant, and stabilization agency sign a three-party agreement.\u003c/li\u003e\n\u003cli\u003eThe tenant deposits the agreed amount into the agency’s designated account.\u003c/li\u003e\n\u003cli\u003eThe agency invests the deposit and other funds and pays the landlord the agreed return.\u003c/li\u003e\n\u003cli\u003eWhen the lease ends, the agency returns the deposit to the tenant.\u003c/li\u003e\n\u003c/ol\u003e\n\u003cp\u003eUnder this structure, the agency is responsible for returning the tenant’s deposit. Instead of receiving and using the deposit directly, the landlord receives monthly income. This is not a subsidy program that pays tenants cash each month.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#how-are-the-participation-requirements-divided\" class=\"anchor\" id=\"how-are-the-participation-requirements-divided\"\u003e\u003c/a\u003eHow are the participation requirements divided?\u003c/h2\u003e\n\u003cp\u003eCheck a person’s eligibility to apply separately from the criteria used to review a home. The absence of income and asset limits does not mean every home will be approved. Anyone seeking a jeonse loan must also meet the loan requirements separately.\u003c/p\u003e\n\u003cdiv class=\"overflow-x-auto\"\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003eCategory\u003c/th\u003e\n\u003cth\u003eAnnouncement and guidance\u003c/th\u003e\n\u003cth\u003eWhat to check\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Category\"\u003eLandlord and tenant\u003c/td\u003e\n\u003ctd data-label=\"Announcement and guidance\"\u003eVoluntary applications, with no income or asset limits\u003c/td\u003e\n\u003ctd data-label=\"What to check\"\u003eWillingness to participate and contract terms\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Category\"\u003eHome price\u003c/td\u003e\n\u003ctd data-label=\"Announcement and guidance\"\u003eInitial rollout for homes with a market value of 2 billion won or less, according to the August 2026 announcement\u003c/td\u003e\n\u003ctd data-label=\"What to check\"\u003eHow the application notice determines the price\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Category\"\u003eHome condition\u003c/td\u003e\n\u003ctd data-label=\"Announcement and guidance\"\u003eBasic checks, including for building code violations\u003c/td\u003e\n\u003ctd data-label=\"What to check\"\u003eReasons participation may be restricted\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Category\"\u003eDeposit amount\u003c/td\u003e\n\u003ctd data-label=\"Announcement and guidance\"\u003eReview for jeonse deposits that are excessive relative to market value\u003c/td\u003e\n\u003ctd data-label=\"What to check\"\u003ePermitted deposit range\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Category\"\u003eJeonse loan\u003c/td\u003e\n\u003ctd data-label=\"Announcement and guidance\"\u003eAvailable if the requirements for the loan product are met\u003c/td\u003e\n\u003ctd data-label=\"What to check\"\u003eAvailable loan amount and applicable interest rate\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/div\u003e\n\u003cp\u003eParticipation is not mandatory. HUG’s “Introduction to the Jeonse and Monthly Rent Safe Trust” FAQ explains:\u003c/p\u003e\n\u003cblockquote\u003e\n\u003cp\u003eParticipation in this program is not legally required.\u003c/p\u003e\n\u003c/blockquote\u003e\n\u003cp\u003eExisting jeonse leases do not automatically become Safe Trust leases. Changing an existing lease requires agreement among the parties. The program’s review and agreement procedures must then be completed.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#how-to-apply-and-when-move-ins-begin\" class=\"anchor\" id=\"how-to-apply-and-when-move-ins-begin\"\u003e\u003c/a\u003eHow to apply and when move-ins begin\u003c/h2\u003e\n\u003cp\u003eLandlords can apply on their own, or landlords and tenants can apply after discussing participation in advance. The schedule below is the rollout plan announced in August 2026. It is not a schedule confirming whether applications have actually opened.\u003c/p\u003e\n\u003cdiv class=\"overflow-x-auto\"\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003eStage\u003c/th\u003e\n\u003cth\u003ePlan at the time of the announcement\u003c/th\u003e\n\u003cth\u003eWhat to check\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Stage\"\u003eProgram notice\u003c/td\u003e\n\u003ctd data-label=\"Plan at the time of the announcement\"\u003eLate September 2026\u003c/td\u003e\n\u003ctd data-label=\"What to check\"\u003eApplication process, agreement, monthly return rate\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Stage\"\u003eApplications\u003c/td\u003e\n\u003ctd data-label=\"Plan at the time of the announcement\"\u003eOctober 2026\u003c/td\u003e\n\u003ctd data-label=\"What to check\"\u003eOpening date, where to apply, required documents\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Stage\"\u003eAgreement and deposit\u003c/td\u003e\n\u003ctd data-label=\"Plan at the time of the announcement\"\u003eBeginning November 2026\u003c/td\u003e\n\u003ctd data-label=\"What to check\"\u003eTiming of the three-party agreement and deposit payment\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Stage\"\u003eMove-in\u003c/td\u003e\n\u003ctd data-label=\"Plan at the time of the announcement\"\u003eIn stages beginning December 2026\u003c/td\u003e\n\u003ctd data-label=\"What to check\"\u003eMove-in date for each home\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/div\u003e\n\u003cp\u003eTo prepare an application, check the following in order.\u003c/p\u003e\n\u003col\u003e\n\u003cli\u003eFind the Jeonse and Monthly Rent Safe Trust application notice on the HUG Safe Jeonse Portal.\u003c/li\u003e\n\u003cli\u003eDiscuss the deposit amount and willingness to participate with the landlord.\u003c/li\u003e\n\u003cli\u003eIf you need a loan, check the available amount and interest rate with a financial institution.\u003c/li\u003e\n\u003cli\u003eApply using the documents and method specified in the notice.\u003c/li\u003e\n\u003cli\u003eAfter the review, check the agreement’s terms for deposit payment, return, and move-in.\u003c/li\u003e\n\u003c/ol\u003e\n\u003cp\u003eLandlords who have not found a tenant can also apply. In that case, they can use HUG’s tenant recruitment support. If a tenant has been found, the parties can agree on the deposit amount before applying.\u003c/p\u003e\n\u003cp\u003eThe announcement listed HUG’s website and branches nationwide as application channels. Check the application notice to see whether applications are currently open and which documents are required. Look for the notice under the portal’s “Jeonse and Monthly Rent Safe Trust Program” menu.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#example-monthly-rent-of-740000-won-versus-jeonse-loan-interest\" class=\"anchor\" id=\"example-monthly-rent-of-740000-won-versus-jeonse-loan-interest\"\u003e\u003c/a\u003eExample: monthly rent of 740,000 won versus jeonse loan interest\u003c/h2\u003e\n\u003cp\u003eIn the example from the announcement, the calculated loan interest is lower than the monthly rent. Actual savings depend on the amount borrowed and the interest rate. The calculation below assumes the loan principal remains unchanged.\u003c/p\u003e\n\u003cdiv class=\"overflow-x-auto\"\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003eItem\u003c/th\u003e\n\u003cth\u003eAnnounced example and calculated amount\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Item\"\u003eHome market value\u003c/td\u003e\n\u003ctd data-label=\"Announced example and calculated amount\"\u003e300 million won\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Item\"\u003eJeonse deposit\u003c/td\u003e\n\u003ctd data-label=\"Announced example and calculated amount\"\u003e200 million won\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Item\"\u003eExisting monthly rent lease\u003c/td\u003e\n\u003ctd data-label=\"Announced example and calculated amount\"\u003eDeposit of 10 million won, monthly rent of 740,000 won\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Item\"\u003eJeonse loan\u003c/td\u003e\n\u003ctd data-label=\"Announced example and calculated amount\"\u003e160 million won, 80% of the jeonse deposit\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Item\"\u003eInterest rate\u003c/td\u003e\n\u003ctd data-label=\"Announced example and calculated amount\"\u003e3.97% per year in the announced example\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Item\"\u003eAnnual interest\u003c/td\u003e\n\u003ctd data-label=\"Announced example and calculated amount\"\u003e160 million won × 3.97% = 6,352,000 won\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Item\"\u003eAverage monthly interest\u003c/td\u003e\n\u003ctd data-label=\"Announced example and calculated amount\"\u003e6,352,000 won ÷ 12 months = approximately 529,333 won\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Item\"\u003eDifference between monthly rent and monthly interest\u003c/td\u003e\n\u003ctd data-label=\"Announced example and calculated amount\"\u003eApproximately 210,667 won\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Item\"\u003eAnnual difference\u003c/td\u003e\n\u003ctd data-label=\"Announced example and calculated amount\"\u003e8,880,000 won - 6,352,000 won = 2,528,000 won\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/div\u003e\n\u003cp\u003eUnder these conditions, the difference between monthly rent and interest is approximately 200,000 won per month. This calculation spells out the announcement’s figure of approximately 530,000 won in monthly interest. The interest actually charged may vary depending on factors such as the number of days used to calculate it.\u003c/p\u003e\n\u003cp\u003eThe annual rate of 3.97% was used for the announced example. It is not a confirmed rate for current applicants. A loan covering 80% of the jeonse deposit is not guaranteed for every applicant either.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#comparing-the-personal-funds-needed-beyond-monthly-interest\" class=\"anchor\" id=\"comparing-the-personal-funds-needed-beyond-monthly-interest\"\u003e\u003c/a\u003eComparing the personal funds needed beyond monthly interest\u003c/h2\u003e\n\u003cp\u003eIn the example above, moving to a jeonse lease requires 40 million won of the tenant’s own funds. That is the 200 million won jeonse deposit minus the 160 million won loan. Even if monthly interest is lower, the lump sum needed to move in may be higher.\u003c/p\u003e\n\u003cdiv class=\"overflow-x-auto\"\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003eComparison\u003c/th\u003e\n\u003cth\u003eExisting monthly rent lease\u003c/th\u003e\n\u003cth\u003eSafe Trust jeonse example\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Comparison\"\u003eTotal deposit\u003c/td\u003e\n\u003ctd data-label=\"Existing monthly rent lease\"\u003e10 million won\u003c/td\u003e\n\u003ctd data-label=\"Safe Trust jeonse example\"\u003e200 million won\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Comparison\"\u003eDeposit loan\u003c/td\u003e\n\u003ctd data-label=\"Existing monthly rent lease\"\u003eNot specified in the example\u003c/td\u003e\n\u003ctd data-label=\"Safe Trust jeonse example\"\u003e160 million won\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Comparison\"\u003eDeposit to pay from personal funds\u003c/td\u003e\n\u003ctd data-label=\"Existing monthly rent lease\"\u003e10 million won, if paid from personal funds\u003c/td\u003e\n\u003ctd data-label=\"Safe Trust jeonse example\"\u003e40 million won\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Comparison\"\u003eMonthly expense compared\u003c/td\u003e\n\u003ctd data-label=\"Existing monthly rent lease\"\u003eMonthly rent of 740,000 won\u003c/td\u003e\n\u003ctd data-label=\"Safe Trust jeonse example\"\u003eLoan interest of approximately 529,333 won\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/div\u003e\n\u003cp\u003eIf the existing deposit was paid entirely from personal funds, an additional 30 million won is needed. This assumes the 10 million won existing deposit is returned and used. Check whether its return date lines up with the payment date for the new deposit.\u003c/p\u003e\n\u003cp\u003eThe difference between rent and interest does not include the following costs.\u003c/p\u003e\n\u003cul\u003e\n\u003cli\u003eInterest that could be earned by depositing the additional personal funds elsewhere\u003c/li\u003e\n\u003cli\u003eBrokerage fees and moving costs incurred under the actual lease\u003c/li\u003e\n\u003cli\u003eDifferences in maintenance fees between homes\u003c/li\u003e\n\u003cli\u003ePrincipal repayments or additional costs under the loan agreement\u003c/li\u003e\n\u003c/ul\u003e\n\u003cp\u003eTherefore, do not assume that approximately 200,000 won per month is the total reduction in living costs. Compare again using an actual loan quote and move-in costs. Also consider whether you can raise the required personal funds.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#how-is-the-landlords-return-paid\" class=\"anchor\" id=\"how-is-the-landlords-return-paid\"\u003e\u003c/a\u003eHow is the landlord’s return paid?\u003c/h2\u003e\n\u003cp\u003eThe landlord receives the agreed return from the stabilization agency each month. Under the program’s structure, the agency invests deposits and other funds through the Housing Supply Promotion Fund. Its investments include construction project loans backed by HUG guarantees.\u003c/p\u003e\n\u003cp\u003eThe August 2026 announcement described investment returns in the 4% annual range. Do not treat that figure as a guaranteed payment rate for each landlord. Check the applicable return rate and payment terms in the program notice and agreement.\u003c/p\u003e\n\u003cdiv class=\"overflow-x-auto\"\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003eFactor\u003c/th\u003e\n\u003cth\u003eWhat landlords should check\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Factor\"\u003eMonthly income\u003c/td\u003e\n\u003ctd data-label=\"What landlords should check\"\u003eAgreed return and payment start date\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Factor\"\u003eUse of deposit\u003c/td\u003e\n\u003ctd data-label=\"What landlords should check\"\u003eThe landlord cannot use the deposit directly under this structure\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Factor\"\u003eVacancy\u003c/td\u003e\n\u003ctd data-label=\"What landlords should check\"\u003eTenant recruitment support and conditions for starting return payments\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Factor\"\u003eGuarantee fees\u003c/td\u003e\n\u003ctd data-label=\"What landlords should check\"\u003eWhether the exemption from the guarantee enrollment requirement applies to registered rental business operators\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Factor\"\u003eTax support\u003c/td\u003e\n\u003ctd data-label=\"What landlords should check\"\u003eThe distinction between planned support and actual eligibility requirements once implemented\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/div\u003e\n\u003cp\u003eReducing the burden of overdue rent is an expected benefit of the program. Do not assume tenant recruitment support guarantees returns throughout any vacancy. Check the agreement to see when payments begin.\u003c/p\u003e\n\u003cp\u003eThe announcement also included a proposal to link the program with a housing pension if a landlord moves to a region outside the capital area. Do not count this as additional income for every participating landlord. Separate enrollment requirements and implementation details must be checked.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#deposit-returns-and-common-misunderstandings\" class=\"anchor\" id=\"deposit-returns-and-common-misunderstandings\"\u003e\u003c/a\u003eDeposit returns and common misunderstandings\u003c/h2\u003e\n\u003cp\u003eHUG’s responsibility for returning the deposit is central to this program. HUG says it guarantees the tenant’s full deposit even if investments incur losses. It has also stated that a separate jeonse deposit return guarantee is unnecessary.\u003c/p\u003e\n\u003cp\u003eDeposit protection should, however, be distinguished from resolving every lease dispute. Matters such as repairs and maintenance fees need to be checked separately in the contract. Check the agreement for the deposit return process when the lease ends.\u003c/p\u003e\n\u003cdiv class=\"overflow-x-auto\"\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003eCommon misunderstanding\u003c/th\u003e\n\u003cth\u003eWhat to distinguish\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Common misunderstanding\"\u003eAll jeonse deposits must be placed with the government\u003c/td\u003e\n\u003ctd data-label=\"What to distinguish\"\u003eThis applies to leases voluntarily entered into under the program\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Common misunderstanding\"\u003eThe tenant receives the investment return\u003c/td\u003e\n\u003ctd data-label=\"What to distinguish\"\u003eThe landlord receives the agreed return\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Common misunderstanding\"\u003eLoan approval follows from eligibility to apply\u003c/td\u003e\n\u003ctd data-label=\"What to distinguish\"\u003eLoan requirements must be checked separately\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Common misunderstanding\"\u003eOnly part of the jeonse deposit needs to be placed with HUG\u003c/td\u003e\n\u003ctd data-label=\"What to distinguish\"\u003eHUG’s guidance requires the full lease deposit to be deposited\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Common misunderstanding\"\u003eMonthly rent leases with a deposit cannot participate\u003c/td\u003e\n\u003ctd data-label=\"What to distinguish\"\u003eA review is needed, including of the amount calculated by converting the deposit and monthly rent\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Common misunderstanding\"\u003eMove-in is guaranteed in the announced month\u003c/td\u003e\n\u003ctd data-label=\"What to distinguish\"\u003eThe agreement and deposit schedule for each home must be checked\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/div\u003e\n\u003cp\u003eMonthly rent leases with a deposit are also listed as an eligible lease type. This does not mean the monthly rent automatically disappears. Check the final deposit and monthly rent terms in the participation agreement.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#is-the-lh-pilot-supply-the-same-as-general-participation\" class=\"anchor\" id=\"is-the-lh-pilot-supply-the-same-as-general-participation\"\u003e\u003c/a\u003eIs the LH pilot supply the same as general participation?\u003c/h2\u003e\n\u003cp\u003eThe LH pilot supply of purchased rental housing should be distinguished from participation by general housing. The pilot supply plan in the August 2026 announcement is for \u003cstrong\u003e500 homes in 2026\u003c/strong\u003e. The plan aims to reduce housing costs for young households that do not own a home.\u003c/p\u003e\n\u003cp\u003eDo not assume the income and asset criteria for general participation apply unchanged. Check the relevant application notice for the conditions for moving into an LH home. Use that notice to determine the supply areas and application period as well.\u003c/p\u003e\n","tags":["Real estate policy","Housing costs","Jeonse and rent","Loans","Real Estate Contract"],"faqs":[{"question":"Are there income or asset limits for the Jeonse and Monthly Rent Safe Trust?","answer":"The guidance says people can apply for the general program without income or asset limits. However, the property and deposit must be verified. Check the separate requirements for jeonse loans and the LH pilot supply."},{"question":"Does the 2 billion won limit refer to the jeonse deposit?","answer":"The 2 billion won figure announced in August 2026 refers to the property's market value, not a limit on the jeonse deposit. Whether the deposit is excessive relative to the market value is checked separately."},{"question":"Are all landlords required to join?","answer":"Participation is not legally required. The program is based on voluntary applications by landlords and tenants."},{"question":"Who do I pay the jeonse deposit to?","answer":"Under the three-party contract, the deposit is placed in an account designated by the stabilization organization. The organization is also responsible for returning it. Before paying, check the account details in the agreement and official guidance."},{"question":"Is the monthly interest always 530,000 won for a 200 million won jeonse deposit?","answer":"No. That figure is an example based on a 160 million won loan at an annual interest rate of 3.97%. Actual interest depends on the loan amount and the rate applied."},{"question":"If I borrow 80% of the jeonse deposit, how much of my own money do I need?","answer":"In the example of a 200 million won jeonse deposit, you need 40 million won of your own money. Brokerage fees and moving costs are separate. Check with the financial institution to find out how much you can actually borrow."},{"question":"When can I apply for the Jeonse and Monthly Rent Safe Trust?","answer":"The announcement in August 2026 planned for applications to open that October. Check HUG's application notice for the actual opening and closing dates. Do not assume applications are currently open based only on the announced schedule."},{"question":"Can a landlord apply without having found a tenant yet?","answer":"The guidance says landlords can apply on their own. If they wish, they can receive help from HUG in finding a tenant. Check the agreement for when payments of returns begin."},{"question":"Can monthly rental contracts with a deposit participate?","answer":"HUG says monthly rental contracts with a deposit can also participate. The amount calculated from the deposit and monthly rent is checked to see whether it is reasonable. The deposit portion must be deposited in full."},{"question":"If there are investment losses, will the deposit be reduced?","answer":"HUG says it guarantees the tenant's deposit in full even if investment losses occur. Check the agreement for the return procedure and required documents when the contract ends."},{"question":"Is occupancy already confirmed for the 500 LH purchased rental homes?","answer":"The 500 homes are part of a pilot supply plan announced in August 2026. This does not mean occupancy has been confirmed for individual homes. Check the relevant application notice for the detailed requirements and schedule for young people who do not own a home."}],"sources":[{"url":"https://www.korea.kr/news/policyNewsView.do?newsId=148970348\u0026pWise=main\u0026pWiseMain=R5","title":"Ministry of Land, Infrastructure and Transport · Policy Briefing, Lowering monthly rent burdens while guaranteeing rental income… 'Jeonse and Monthly Rent Security Trust' launched, August 20, 2026","type":"source"},{"url":"https://housta.khgc.co.kr/jeonse/web/s07/s070401.jsp","title":"HUG, Introduction to the Jeonse and Monthly Rent Security Trust and FAQ on project participation","type":"source"},{"url":"https://m.khug.or.kr/jeonse/index_jeonse.jsp","title":"HUG Safe Jeonse Portal, Jeonse and Monthly Rent Security Trust project menu","type":"source"}],"images":[{"id":1673,"url":"https://injoys.com/rails/active_storage/blobs/proxy/eyJfcmFpbHMiOnsiZGF0YSI6MjU0NjEsInB1ciI6ImJsb2JfaWQifX0=--cddb99dc44aeb57d17f888280e587ed888b70ec6/ai-03842e4a.webp","is_representative":true,"generation_method":"ai_photo","license":"ai_generated","mime_type":"image/webp","width":1536,"height":1024,"translations":{"ko":{"alt":"빈 아파트 거실을 둘러보는 남성, 주방 조리대에는 대출 안내문이 놓여 있다.","caption":"주거비를 비교할 때는 대출이자와 필요한 자기자금을 함께 계산해야 합니다.","description":null},"en":{"alt":"A man looks around a vacant apartment, with a loan notice on the kitchen counter.","caption":"Comparing housing costs means accounting for both loan interest and the cash needed upfront.","description":null},"ja":{"alt":"空室のアパートを見渡す男性。キッチンのカウンターには融資の案内が置かれている。","caption":"住居費を比べる際は、借入金の利息と必要な自己資金を併せて計算する必要があります。","description":null},"es":{"alt":"Un hombre observa un apartamento vacío; sobre la encimera de la cocina hay un aviso de préstamo.","caption":"Para comparar los costes de vivienda, hay que calcular tanto los intereses del préstamo como los fondos propios necesarios.","description":null},"id":{"alt":"Seorang pria mengamati apartemen kosong; pemberitahuan pinjaman terletak di meja dapur.","caption":"Untuk membandingkan biaya hunian, hitung bunga pinjaman dan dana pribadi yang diperlukan.","description":null},"pt":{"alt":"Um homem observa um apartamento vazio; há um aviso de empréstimo na bancada da cozinha.","caption":"Para comparar os custos de moradia, é preciso calcular os juros do empréstimo e os recursos próprios necessários.","description":null},"zh-hant":{"alt":"一名男子環顧空置公寓，廚房檯面上放著貸款通知。","caption":"比較居住成本時，應一併計算貸款利息與所需自備資金。","description":null},"de":{"alt":"Ein Mann sieht sich eine leere Wohnung an; auf der Küchentheke liegt ein Hinweis zu einem Kredit.","caption":"Beim Vergleich der Wohnkosten sollten Kreditzinsen und benötigtes Eigenkapital zusammen berechnet werden.","description":null}}},{"id":1674,"url":"https://injoys.com/rails/active_storage/blobs/proxy/eyJfcmFpbHMiOnsiZGF0YSI6MjU0NjcsInB1ciI6ImJsb2JfaWQifX0=--8bfe74ab258332d89e01b37498835420f76b91d6/ai-b4f6ed00.webp","is_representative":false,"generation_method":"ai_semi","license":"ai_generated","mime_type":"image/webp","width":1536,"height":1024,"translations":{"ko":{"alt":"식탁 위 통지서를 앞에 두고 미소 짓는 중년 여성, 창밖으로 보이는 아파트와 집 모양 표시","caption":"전월세 안심신탁에 참여하는 임대인은 약정한 월 수익을 받습니다.","description":null},"en":{"alt":"Older woman smiling at a dining table with a notice, apartments outside the window and a house symbol","caption":"Landlords who join the rental-deposit trust receive an agreed monthly return.","description":null},"ja":{"alt":"食卓の通知書を前にほほえむ年配の女性。窓の外には集合住宅と家のマークが見える","caption":"賃貸保証金の信託に参加する貸主は、取り決めた月々の収益を受け取ります。","description":null},"es":{"alt":"Mujer mayor sonríe ante un aviso en la mesa; por la ventana se ven apartamentos y un símbolo de casa","caption":"Los arrendadores que participan en el fideicomiso reciben un rendimiento mensual acordado.","description":null},"id":{"alt":"Perempuan lansia tersenyum di meja dengan surat pemberitahuan; apartemen dan simbol rumah terlihat di dekat jendela","caption":"Pemilik rumah yang mengikuti program perwalian uang jaminan menerima imbal hasil bulanan sesuai kesepakatan.","description":null},"pt":{"alt":"Mulher mais velha sorri diante de um aviso à mesa, com apartamentos à janela e um símbolo de casa","caption":"Os proprietários que aderem ao fundo de garantia dos depósitos recebem um rendimento mensal acordado.","description":null},"zh-hant":{"alt":"年長女性坐在餐桌旁微笑，桌上有一張通知單，窗外可見公寓與房屋標誌","caption":"參與租賃押金信託的房東可獲得約定的每月收益。","description":null},"de":{"alt":"Ältere Frau lächelt am Esstisch vor einer Mitteilung; durchs Fenster sind Wohnhäuser und ein Haussymbol zu sehen","caption":"Vermieter, die am Mietkautions-Treuhandmodell teilnehmen, erhalten einen vereinbarten monatlichen Ertrag.","description":null}}}],"published_at":"2026-10-07T14:50:20+09:00","updated_at":"2026-10-07T14:50:20+09:00","license":"cc_by","translation_status":"reviewed","available_locales":["ko","en","ja","es"],"data_locales":["ko","en","ja","es","id","pt","zh-hant","de"],"url":"https://injoys.com/en/articles/jeonwolse-safe-trust-housing-eligibility"}