PURPOSES : This study was conducted to evaluate the physical properties of the RAP 50 asphalt mixture containing polymer modified rejuvenator and warm-mix additive to improve the recycling rate of RAP and reduce CO2 emission. METHODS : Mix design of Polymer Modified Warm-mix Asphalt Mixture(RAP 50), and Hot Mix Asphalt Mixture(RAP 30) were produced and the properties of asphalt mixture such as Marshall Stability, ITS, Deformation Strength, TSR, and Dynamic Stability were compared between the two asphalt mixtures. RESULTS : The RAP 50 asphalt mixture showed superior or similar performances compared to the RAP 30 asphalt mixture in all the tests conducted. The results of the Marshall stability and dynamic stability in particular were 13,045N and 3,826 pass/mm, which were 11.37% and 76.7% greater than the RAP 30 asphalt mixture, which indicated that high plastic deformation resistance may be expected. CONCLUSIONS : The results obtained from laboratory tests on the two types of mixtures indicated that the use of polymer modified rejuvenator and warm-mix additive not only allows to increase the proportion of RAP but also improves its properties under lower temperature condition than RAP 30 asphalt mixture. Additionally, it was confirmed that plastic deformation resistance was high and moisture resistance and crack resistance were improved for a RAP 50 asphalt mixture.