What happens between 600 and 900 million?

It is a slope, not a step. 750 million won is exactly 2 percent.

Is the education tax reduced too?

No. The reduction comes only off the acquisition tax.

Rural tax of 0.2 percent applies, plus 20 percent of the reduction. A 500 million first home is 4,900,000 won.

No. It is calculated only in this browser.

Home Acquisition tax

Covers the 1 to 3 percent band, the 8 and 12 percent surcharges, and the first-home reduction. Nothing leaves this browser.

Purchase price Homes after this purchase Regulated area Over 85 m² First home ever 3 million won reduction cap

1–3%: At or under 600 million the rate is 1 percent. Above 900 million it is 3 percent. Between them the rate climbs with the price.
Surcharge: A second home in a regulated area, or a third home outside one, is 8 percent. A third home in a regulated area, or a fourth home anywhere, is 12 percent.
Education: On the ordinary rate, local education tax is 10 percent of the acquisition tax. On the 8 and 12 percent bands it is 0.4 percent of the price.
Rural: At or under 85 square meters the rural tax is zero. Above that it is 0.2 percent, 0.6 percent on the 8 percent band, and 1 percent on the 12 percent band.
First home: A first home at or under 1.2 billion won takes up to 2 million won off the acquisition tax.
Reduction: If that home is over 85 square meters, 20 percent of the reduction is added to the rural tax.

A home in a depopulated area, or a qualifying small non-apartment, raises the reduction cap to 3 million won.

A first home of 500 million won under 85 square meters comes to 3,500,000 won.

The same price as a second home in a regulated area comes to 42,000,000 won.

500 million won, one home, at or under 85 square meters, first home: 3,500,000 won.

The same home as a regulated second home: 42,000,000 won.

Entered500,000,000

QWhat happens between 600 and 900 million?: AIt is a slope, not a step. 750 million won is exactly 2 percent.
QIs the education tax reduced too?: ANo. The reduction comes only off the acquisition tax.
QWhat if it is over 85 square meters?: ARural tax of 0.2 percent applies, plus 20 percent of the reduction. A 500 million first home is 4,900,000 won.
QIs it saved?: ANo. It is calculated only in this browser.