Debt adjustment payment simulator

How much your monthly payment drops after debt adjustment

Debt As of 2026 Inputs not saved No install or sign-up
won
%
years
years
Monthly payment before
-
Monthly payment after
-
Total repayment reduction
-

Actual reduction rates and periods are set by Credit Counseling & Recovery Service review. Try different ranges with the sliders.

See an example₩40M debt (14%/yr) before and after an individual workout

Now (3-year repayment)

Monthly payment
₩1,367,105
Repayment period
36 months
Rate applied
14%/yr

After debt adjustment (8 years)

Monthly payment
₩545,349
Repayment period
96 months
Rate applied
7%/yr (50% cut)

At 90+ days overdue, interest and late interest can be cut, and written-off debt can also get principal reduction. Actual terms are set by Credit Counseling & Recovery Service review.

What to check next
  1. Find the right debt adjustmentFind the program that fits your overdue period, income and debt size
  2. Individual rehabilitation payment calculatorMonthly and total repayments from income and household size
Official agencies

Effects of Credit Counseling & Recovery Service debt adjustment

  • Interest rate cut: fast-track 30–50%, pre-workout 30–70%, individual workout waives interest and late interest
  • Principal reduction: under certain conditions such as written-off debt (larger reductions for vulnerable groups)
  • Installments: up to 8–10 years for unsecured debt

Actual reduction rates are set by individual review based on overdue period, income, assets and debt status (written off or not). This simulator lets you change the rates yourself to get a rough sense of your repayment burden.

Apply through the Credit Counseling & Recovery Service cyber counseling (online) or at a counseling center nationwide. Counseling is free.

This calculator gives estimates based on published laws and criteria and is not legal advice. Before acting, be sure to check with the official agencies below.

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