Should we move from regional property to Seoul now? A couple in their 60s with 3 regional homes #BujaHacker #RegionalApartments #MultipleHomeowners
An independent exercise, not a statement by the video creator or verification of every claim in the video.
How much rate pressure can a monthly KRW 1 million surplus absorb?
Subtracting the video’s KRW 4 million monthly spending from KRW 5 million income leaves KRW 1 million. Separately assume that all KRW 250 million of debt is floating-rate and the rate rises by 2 percentage points: additional interest is KRW 5 million annually, or about KRW 417,000 monthly. With other conditions unchanged, the surplus falls to about KRW 583,000. Compare a one-off gift to a child separately from the parents’ recurring living budget.
Check for yourself
- Does existing spending include principal repayments, taxes and repairs?
- What balance actually has a floating rate, and when does it reset?
Limits of application
This is simplified hypothetical arithmetic using figures stated in the video. Actual debt totals, rate structure and principal repayments were not verified; rental vacancies and income declines are excluded.
- What to look for
- Examine how sale sequencing, retaining a home and a child’s financing fit into one plan.
- Why it matters
- Evaluate net sale proceeds, genuine ownership, scheme-specific eligibility and repayment capacity separately from price expectations.
Timeline
5 segmentsThe discussion compares staying locally with moving to Seoul, including sale conditions and auction financing. A lower auction price does not guarantee a high borrowing ratio; valuation, repayment capacity, product rules and sale or occupancy deadlines must be checked together.