{"id":381,"date":"2026-10-08T09:39:09","date_gmt":"2026-10-08T00:39:09","guid":{"rendered":"https:\/\/iwaw.kr\/en\/2026\/10\/08\/basic-pension-eligibility-mock-calculation-input-precautions-c263a7329c\/"},"modified":"2026-10-08T09:39:26","modified_gmt":"2026-10-08T00:39:26","slug":"basic-pension-eligibility-mock-calculation-input-precautions-c263a7329c","status":"publish","type":"post","link":"https:\/\/iwaw.kr\/en\/2026\/10\/08\/basic-pension-eligibility-mock-calculation-input-precautions-c263a7329c\/","title":{"rendered":"Basic Pension Eligibility Mock Calculation: Input Precautions to Prevent Disqualification"},"content":{"rendered":"


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Prologue: Why People Get Disqualified After Trusting Mock Calculation Results for Basic Pension<\/h2>\n

“The mock calculation screen clearly showed ‘High likelihood of eligibility,’ so why did I receive a disqualification notice from the community service center?”
\nAhead of applying for the basic pension, many people first run the “Basic Pension Mock Calculation” through the Bokjiro portal or smartphone app. When they enter their date of birth, household type, and approximate income and assets, and the resulting recognized income turns out lower than the selection criteria threshold, they feel relieved and rush their application preparations.
\nHowever, every year a considerable number of seniors firmly believe in the mock calculation results and apply, only to be bewildered by an unexpected “ineligible (disqualified)” notice. This is not a glitch in the computerized system. It stems from a decisive gap between the mock calculation program and the public agency’s actual investigation system.<\/p>\n

    \n
  1. The Decisive Difference Between a Simple Reference Calculator and ‘Haengbok-e-um’ Official Inquiry<\/li>\n<\/ol>\n

    The most common misconception is thinking that Bokjiro’s mock calculation is identical to the actual screening at the community service center.
    \nMock Calculation (Bokjiro): A “self-diagnostic simulator” that simply adds up numbers manually entered by the applicant based on memory. Even if the applicant omits or misstates items, the system calculates them exactly as entered to produce a result.
    \nActual Eligibility Screening: Through the Ministry of Health and Welfare’s Social Security Information System (Haengbok-e-um), data from approximately 80 types of official computer networks across 25 institutions\u2014including the National Tax Service, National Pension Service, Financial Supervisory Service, and Ministry of Land, Infrastructure and Transport\u2014are linked and queried simultaneously. Financial assets and income details down to the last single won, even those the applicant did not realize or had forgotten, are entirely exposed.<\/p>\n

      \n
    1. 4 Traps That Lead to Disqualification Even When Mock Calculation Shows ‘Likely Eligible’<\/li>\n<\/ol>\n

      Even if an “Eligible” determination appeared on the screen, if any of the following four input errors were made, it leads to disqualification in the actual review.<\/p>\n

        \n
      1. Market Price vs. Publicly Announced Price and Omitted Deductions<\/li>\n<\/ol>\n

        Writing the home value as the actual transaction market price overestimates it, or conversely, underestimating the market price while misentering deduction verification standards for jeonse deposits and debts causes errors.<\/p>\n

          \n
        1. Omission of Insurance Cancellation Refunds, CMA, and Stocks<\/li>\n<\/ol>\n

          Entering only savings account balances and omitting cancellation refunds of long-held insurance policies or deposit balances in brokerage accounts causes recognized income to surge during the financial asset investigation stage.<\/p>\n

            \n
          1. Misunderstanding Luxury Vehicle Criteria (100% Monthly Income Conversion)<\/li>\n<\/ol>\n

            Vehicles with a vehicle value of 40 million KRW or more (or based on engine displacement criteria) are not treated as general property (annual 4% conversion), but have their entire value counted as 100% monthly income, immediately exceeding the disqualification threshold with just a single car.<\/p>\n

              \n
            1. Failure to Reflect Gifted Property (Natural Consumption Recognition) and Free Rent Income<\/li>\n<\/ol>\n

              Cases where property transferred to children still remains as “other property,” or where “free rent income” levied monthly for living in high-value housing owned by children was not reflected in the calculator.
              \nThe mock calculation is merely a compass to gauge your approximate standing, not an acceptance letter guaranteeing eligibility.
              \nTo avoid missing out on valuable pension payments receivable over several months due to a single input error, you must clearly understand which standard values (publicly announced land prices, cancellation refunds, etc.) to enter for each item before running the simulation. In the following sections, we will examine in detail the essential input precautions for each income and property item.<\/p>\n

              \"\uae30\ucd08\uc5f0\uae08<\/figure>\n

              Basic Eligibility Requirements and Recognized Income Calculation Structure at a Glance<\/h2>\n

              The first step to reducing mock calculation errors is understanding the basic criteria used to determine basic pension eligibility and the underlying formula behind the core metric deciding qualification: “recognized income.”<\/p>\n

                \n
              1. 3 Basic Eligibility Requirements<\/li>\n<\/ol>\n

                Before going through complex document screenings, the basic pension first checks three fundamental hurdles.<\/p>\n

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                • Age Criteria: Republic of Korea nationals aged 65 or older<\/li>\n<\/ul>\n
                    \n
                  • Application Window: Advance application is available starting 1 month before the month containing the 65th birthday<\/li>\n
                  • Residency Requirement: Those residing with registered resident status in Korea (excluding long-term overseas residents)<\/li>\n
                  • Meeting Selection Criteria Amount: The household’s monthly ‘recognized income’ must be equal to or less than the selection criteria amount announced by the Ministry of Health and Welfare for the relevant year<\/li>\n<\/ul>\n
                      \n
                    • Standards for single-person households and couple households are set differently, and even if only one spouse applies, the determination is based on the couple’s combined recognized income.<\/li>\n<\/ul>\n
                        \n
                      1. Calculation Formula for Recognized Income: ‘Evaluated Income + Monthly Asset-to-Income Conversion Amount’<\/li>\n<\/ol>\n

                        Many people think of income only as “the salary or pension deposited into their bank account each month.” However, recognized income evaluated in the basic pension screening includes not only salary (income) but also houses, land, deposits, and cars (property), converting all of them into a certain monthly income amount before adding them together.<\/p>\n

                        Looking closely at how these two axes are calculated reveals the following detailed breakdown.<\/p>\n

                        \u2460 Evaluated Income (Actual Monthly Earned Income)<\/p>\n

                        The remaining amount after deducting statutory basic deductions from monthly incoming income.<\/p>\n

                          \n
                        • Earned Income Deduction: The legally established basic deduction for earned income each year is subtracted first, and an additional 30% deduction is applied to the remaining balance (only 70% is reflected).<\/li>\n
                        • Other Income: Includes business income (including rental income), property income (interest and dividend income), public pension income (National Pension, Government Employees Pension, Teachers’ Pension, etc.), and free rent income. Unlike earned income, these are reflected in full (100%) without basic deductions.<\/li>\n<\/ul>\n

                          \u2461 Monthly Asset-to-Income Conversion Amount (Converting Owned Assets into Monthly Income)<\/p>\n

                          After subtracting respective basic deductions and liabilities from held general property and financial assets, an annual conversion rate of 4% is applied and divided by 12 months.<\/p>\n

                            \n
                          • Basic Property Deduction: Deducted differentially considering minimum housing maintenance costs by residential area (large cities, medium\/small cities, rural areas).<\/li>\n
                          • Basic Living Preparation Reserve Deduction: Deducts a reserve for routine emergency living expenses (20 million KRW per household) from financial assets.<\/li>\n
                          • Annual 4% Conversion Rate: An annual yield of 4% is assumed on net assets and divided by 12 months to count as ‘monthly income.’ (e.g., net assets of 100 million KRW after deductions converted into monthly income of approximately 333,000 KRW)<\/li>\n
                          • P (Luxury Vehicles \/ Memberships): Luxury vehicles or golf\/condo memberships exceeding engine displacement or vehicle value criteria do not receive the 4% rate; 100% of the entire vehicle value is directly added to monthly income as is.<\/li>\n<\/ul>\n
                              \n
                            1. Summary of Recognized Income Calculation Structure<\/li>\n<\/ol>\n
                              \n\n\n\n\n\n\n\n
                              Category<\/th>\nKey Included Items<\/th>\nMandatory Deductions Reflected<\/th>\nConversion Method<\/th>\n<\/tr>\n<\/thead>\n
                              Evaluated Income<\/td>\nRegular earned income, business\/rental income, National Pension, interest income, etc.<\/td>\nBasic earned income deduction + additional 30% deduction<\/td>\nReflected differentially by income standard (100% for other income)<\/td>\n<\/tr>\n
                              General \/ Financial Assets<\/td>\nHousing (publicly announced price), land, deposits\/savings, stocks, insurance refunds, etc.<\/td>\nRegional basic property deduction, living preparation reserve (20 million KRW), financial liabilities<\/td>\nNet assets \u00d7 4% annually \u00f7 12 months<\/td>\n<\/tr>\n
                              Priority Monitored Assets<\/td>\nLuxury vehicles (value of 40 million KRW or more, etc.), golf\/condo memberships<\/td>\nNo deductions<\/td>\n100% of value immediately reflected as monthly income<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

                              Without understanding the framework of this formula when using the mock calculator, you will not know which numbers receive deductions and which items are counted at 100%, leading to entering completely erroneous values. Moving to the next section, we examine the most common input mistakes applicants make in the income category one by one.<\/p>\n

                              \"\uae30\ucd08\uc5f0\uae08<\/figure>\n

                              [Income Category] Most Common Mistakes Made When Entering Mock Calculations<\/h2>\n

                              When entering income on the mock calculation screen, many people input their “net take-home pay shown in bankbooks” or an “approximate recalled salary.” However, the income evaluated in the basic pension screening is based on pre-tax amounts, and the way deduction benefits are applied differs completely depending on the type of income.<\/p>\n

                              Here are the 3 core mistakes that occur most frequently in the income input field.<\/p>\n

                                \n
                              1. Earned Income: The Trap of Basic Deductions and Net Take-Home Pay Inputs<\/li>\n<\/ol>\n

                                To avoid discouraging seniors from working, earned income receives the largest deduction benefits among all income categories. However, entering incorrect amounts distorts the mock calculation results.<\/p>\n

                                  \n
                                • Entering ‘Pre-Tax Income’ Instead of Net Take-Home Pay<\/li>\n<\/ul>\n

                                  You must enter your gross monthly salary before withholding 4 major social insurances and income tax (total payment on your pay stub), rather than the net take-home pay deposited into your account. This is because public monthly remuneration data from the National Health Insurance Service and National Tax Service are cross-referenced during actual screening.<\/p>\n

                                    \n
                                  • Double Deduction Mistake<\/li>\n<\/ul>\n

                                    The earned income formula is .<\/p>\n

                                    The Bokjiro mock calculator automatically subtracts the basic deduction and the additional 30% deduction on its own once you enter only your pre-tax monthly salary. If an applicant arbitrarily subtracts the deduction amount in advance and enters the remaining balance, the deduction is applied twice within the computer system, creating a critical error where recognized income is calculated unrealistically low.<\/p>\n

                                      \n
                                    • Misidentifying Daily Labor and Public Work Job Income<\/li>\n<\/ul>\n

                                      Activity allowances from senior job programs (public service types, etc.) or daily labor income of less than 3 months are excluded from earned income or evaluated under separate standards when calculating recognized income for the basic pension; therefore, they must be checked and distinguished from regular earned income at standard workplaces.<\/p>\n

                                        \n
                                      1. Business and Other Income: Precautions for 100% Reflected Income with Zero Deductions<\/li>\n<\/ol>\n

                                        Unlike earned income, business income (including rental income) and other income receive no basic deduction benefits.<\/p>\n

                                          \n
                                        • Real Estate Rental Income (Monthly Rent):<\/li>\n<\/ul>\n

                                          For monthly rent collected by leasing commercial properties or homes, the entire net income minus expenses is counted as evaluated income. Thinking “hardly anything remains after paying loan interest” and arbitrarily entering 0 KRW or a negligible amount diverges from actual National Tax Service reported records, causing disqualification.<\/p>\n

                                            \n
                                          • Standard for Business Income:<\/li>\n<\/ul>\n

                                            When running an individual business or self-employment, you must input the amount calculated by dividing the “income amount (revenue – necessary expenses)” finalized during the preceding year’s May comprehensive income tax return filed with the National Tax Service by 12 months, rather than current year revenue, to match official public records.<\/p>\n

                                              \n
                                            1. Public Pensions: National Pension Linked Reductions and Special Occupational Pension Precautions<\/li>\n<\/ol>\n

                                              Pension income is captured most transparently through computer networks without exception, serving as a 100% reflected item to which deductions are not applied at all.<\/p>\n

                                                \n
                                              • Full Reflection of National Pension Receipts:<\/li>\n<\/ul>\n

                                                Amounts deposited monthly through the National Pension (old-age pension, survivor pension, disability pension) are added directly into recognized income down to the last 1 KRW.<\/p>\n

                                                  \n
                                                • Misunderstanding the National Pension Linked Reduction System:<\/li>\n<\/ul>\n

                                                  Aware that “receiving National Pension above a certain amount reduces basic pension,” some applicants reduce their pension receipt amount from the initial mock calculation input stage. You must enter the principal monthly payment of the National Pension currently received as is into the mock calculator so that the system accurately calculates linked reduction applicability and estimated payment amounts.<\/p>\n

                                                    \n
                                                  • Beneficiaries of Special Occupational Pensions (Government Employees, Military Personnel, Private School Teachers, Special Post Office Employees):<\/li>\n<\/ul>\n

                                                    If you or your spouse are beneficiaries of a special occupational pension (including lump-sum recipients), you are, in principle, completely excluded from basic pension eligibility. Cases where applicants omit their special occupational pension status and input it as ordinary income\u2014erroneously judging themselves as “eligible”\u2014occur frequently, making mandatory verification essential.<\/p>\n

                                                    Self-Diagnostic Checklist When Entering Income Information<\/p>\n

                                                    \n\n\n\n\n\n\n\n\n
                                                    Inspection Item<\/th>\nCorrect Input Standard<\/th>\nCommon Mistake<\/th>\n<\/tr>\n<\/thead>\n
                                                    Regular Earned Income<\/td>\nInput pre-tax gross salary before withholding<\/td>\nInputting bank deposit amount (after-tax), or manually subtracting deductions before entry<\/td>\n<\/tr>\n
                                                    Business\/Rental Income<\/td>\nIncome on National Tax Service Income Certificate \u00f7 12 months<\/td>\nInputting gross revenue or arbitrarily minimizing informal rent<\/td>\n<\/tr>\n
                                                    Public Pension<\/td>\nInput full monthly receipt amount notified by the pension service<\/td>\nArbitrarily reducing receipt amount anticipating linked reductions<\/td>\n<\/tr>\n
                                                    Special Occupational Pension<\/td>\nVerify whether self\/spouse receives special occupational pension<\/td>\nMisjudging as eligible by listing it as simple pension income despite being a beneficiary<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
                                                    \"\uae30\ucd08\uc5f0\uae08<\/figure>\n

                                                    [Property Category] Critical Input Errors That Cause Recognized Income to Skyrocket<\/h2>\n

                                                    The property category is the very area that creates the largest discrepancies and errors in mock calculations. While income is verified relatively clearly through pay stubs or pension statements, property calculations can diverge from tens of millions to hundreds of millions of won depending on which official benchmark prices are applied and which hidden financial assets exist.<\/p>\n

                                                    Here is a summary of the 4 major input errors in the property entry fields that instantly cause recognized income to skyrocket and lead to disqualification.<\/p>\n

                                                      \n
                                                    1. Real Estate (General Property): Confusion Between Market Price and ‘Publicly Announced Price’<\/li>\n<\/ol>\n

                                                      When entering real estate such as houses, apartments, land, and buildings, the most common mistake is entering neighborhood real estate agency market quotes or recent actual transaction prices.<\/p>\n

                                                        \n
                                                      • Input Based on Publicly Announced Price (Standard Market Value)<\/li>\n<\/ul>\n

                                                        During basic pension screening, real estate is evaluated based on publicly announced apartment prices, individual housing prices, and individual publicly announced land prices published annually by the government, rather than transaction prices or asking prices. Because publicly announced prices are typically set lower than market prices, entering market prices unnecessarily inflates property values and leads to disqualification determinations.<\/p>\n

                                                          \n
                                                        • Beware of Omitting Regional Basic Property Deductions<\/li>\n<\/ul>\n

                                                          General property receives a standard deduction of a certain amount depending on the residential region to support housing maintenance.<\/p>\n

                                                            \n
                                                          • Metropolitan cities (districts of special cities and metropolitan cities, special chartered cities, etc.): Highest deduction limit applied<\/li>\n
                                                          • Medium and small cities (cities of provinces, Sejong Special Self-Governing City, etc.): Intermediate deduction limit applied<\/li>\n
                                                          • Rural areas (counties of provinces, etc.): Basic deduction limit applied<\/li>\n<\/ul>\n

                                                            Selecting the wrong actual residence (city, county, district) on the resident register within the mock calculator causes distortions in recognized income amounting to hundreds of thousands of won due to deduction discrepancies.<\/p>\n

                                                              \n
                                                            1. Financial Assets: ‘Omission of Hidden Assets’ by Recording Only Bank Account Balances<\/li>\n<\/ol>\n

                                                              Financial assets are subject to an annual income conversion rate of 4% after deductions, meaning that having more assets significantly impacts the monthly recognized income. Representative items that are often casually entered as only main bank account balances in mock calculations, only to be exposed one after another during the official inquiry stage, include the following.<\/p>\n

                                                                \n
                                                              • Insurance Cancellation Refunds: The “expected cancellation refund received upon early cancellation” for currently paid or active protection-type or savings-type insurance is counted in full as financial property. If you have insurance maintained for over 10 years, tens of millions of won in financial assets are added from this item alone.<\/li>\n
                                                              • Securities Accounts and Investment Products: Assets in secondary financial institutions and brokerage firms\u2014such as stocks, funds, bonds, CMA account balances, and ETF cash deposits\u2014are also all subject to financial asset investigations.<\/li>\n
                                                              • Living Preparation Reserve Deduction (20 million KRW per household): From the total sum of financial assets, 20 million KRW per household is deducted by default for the purpose of maintaining everyday living. In the mock calculator, do not arbitrarily subtract from the balance yourself; you must enter the original total appraised value of all financial assets as is so that the system deducts it accurately.<\/li>\n<\/ul>\n
                                                                  \n
                                                                1. Automobiles: The Trap of “100% Monthly Income Conversion” When Exceeding Displacement or Valuation Standards<\/li>\n<\/ol>\n

                                                                  In the basic pension mock calculation, the most dangerous item that immediately cements “disqualification” due to a single line of input error is the automobile.<\/p>\n

                                                                    \n
                                                                  • Difference Between General Vehicles vs. Luxury Automobiles (Priority Monitored Assets)<\/li>\n<\/ul>\n
                                                                      \n
                                                                    • General Vehicles: The 4% annual general property conversion rate is applied to the vehicle valuation, reflecting it gently as monthly income.<\/li>\n
                                                                    • When Falling Under Luxury Automobile Standards: Instead of 4% of the vehicle valuation, 100% of the entire vehicle valuation goes directly into monthly recognized income.<\/li>\n<\/ul>\n

                                                                      (e.g., If the vehicle valuation is appraised at 41 million KRW, you are deemed to receive a monthly salary of 41 million KRW every month, resulting in immediate disqualification even if other income is 0 KRW)<\/p>\n

                                                                        \n
                                                                      • Checking Luxury Automobile Assessment Criteria<\/li>\n<\/ul>\n

                                                                        You must check in advance through the vehicle registration certificate and Korea Insurance Development Institute vehicle valuation whether the vehicle falls under a valuation of 40 million KRW or more (including policy overhaul changes such as the conventional engine displacement standard of 3,000 cc or more).<\/p>\n

                                                                          \n
                                                                        • Exempt Vehicles: Vehicles owned by persons with disabilities, old vehicles aged 10 years or older, and livelihood freight\/van vehicles are excluded from luxury automobile classification or reduced to general property, so you must accurately verify whether this applies.<\/li>\n<\/ul>\n
                                                                            \n
                                                                          1. Debts: Debts from Financial Institutions vs. Recognition of Private Loans Between Individuals<\/li>\n<\/ol>\n

                                                                            Although debt is the only deduction factor that lowers recognized income, not all debts are recognized.<\/p>\n

                                                                              \n
                                                                            • Recognized Debts: Debts verified through public financial networks, such as mortgage loans and credit loans from tier-1 and tier-2 financial institutions, overdraft accounts (based on actual disbursed loan balance), and accumulated reverse mortgage withdrawals.<\/li>\n
                                                                            • Unrecognized Debts: Private loan agreements between individuals (private debt), mutual financing club (Gye) debts, card loans (short-term card loans), and private moneylender loans are difficult to verify with public documents and are not recognized as debt deductions during basic pension screening. Entering unrecognizable private debts into the liabilities field to lower calculated recognized income will lead directly to disqualification in actual screening.<\/li>\n
                                                                            • Rental Deposit Liabilities: If you rent out a home you own under jeonse or monthly rent, the rental deposit that must be returned to the tenant can be recognized as a liability, but strict verification standards such as a lease agreement with a certified fixed date apply.<\/li>\n<\/ul>\n

                                                                              Property Category Input Self-Diagnosis Table<\/p>\n

                                                                              \n\n\n\n\n\n\n\n\n
                                                                              Property Item<\/th>\nCorrect Standard for Input<\/th>\nCritical Mistake to Watch Out For<\/th>\n<\/tr>\n<\/thead>\n
                                                                              Housing and Land<\/td>\nPublicly announced price based on the Real Estate Public Price Alert<\/td>\nEntering market price (asking price) or recent actual transaction price<\/td>\n<\/tr>\n
                                                                              Financial Assets<\/td>\nSavings\/deposits + insurance cancellation refunds + stock appraisal value<\/td>\nEntering only bank account balances while omitting insurance and brokerage deposits<\/td>\n<\/tr>\n
                                                                              Automobile<\/td>\nCheck vehicle standard value with Korea Insurance Development Institute<\/td>\nMistaking vehicles exceeding luxury car criteria for general property<\/td>\n<\/tr>\n
                                                                              Debts<\/td>\nLoan balance verified by public financial institutions<\/td>\nListing private debt between individuals supported only by an IOU<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
                                                                              \"\uae30\ucd08\uc5f0\uae08<\/figure>\n

                                                                              Easily Overlooked Variables: Gifted Property (Natural Consumption Recognition Criteria) and Housing Type<\/h2>\n

                                                                              When running the basic pension mock calculation, many people only check their current bank account balances and real estate registration records before moving on. However, the hidden items that basic pension evaluators examine most thoroughly through the Social Security Information System (Haengbok-e-um) are precisely “property disposed of or passed down in the past” and “the titleholder of the home currently resided in.”<\/p>\n

                                                                              Omitting these two variables in the mock calculation can add tens of millions of won in unexpected fictitious property or income during actual screening, leading directly to disqualification.<\/p>\n

                                                                                \n
                                                                              1. Gifted Property (Other Property): Money Given to Children Is Still Counted as My Property<\/li>\n<\/ol>\n

                                                                                Thinking “I helped my child with a 100 million KRW jeonse deposit last year, so my bank account balance is 0 KRW” and entering 0 KRW for financial assets is a typical mistake.<\/p>\n

                                                                                  \n
                                                                                • Calculation of Gifted and Disposed Property as ‘Other Property’<\/li>\n<\/ul>\n

                                                                                  To prevent intentional asset reduction aimed at qualifying for the basic pension, property gifted or disposed of to others (including children) by oneself or a spouse remains classified as one’s ‘other property’ and is subject to an annual income conversion rate of 4%.<\/p>\n

                                                                                    \n
                                                                                  • What Is the Natural Consumption Recognition Standard?<\/li>\n<\/ul>\n

                                                                                    Gifted or disposed property does not remain as one’s property forever. The government deducts a monthly ‘natural consumption amount’ recognized as naturally spent over a certain period on living expenses, etc.<\/p>\n

                                                                                      \n
                                                                                    • Depending on household type (single-person household or couple household), an amount equivalent to the statutory minimum cost of living is deducted monthly as natural consumption.<\/li>\n
                                                                                    • Expenditures with clear official documentation\u2014such as medical expenses (proven by medical receipts), congratulatory money for children’s weddings (within regulatory limits), and repayments of debt owned by oneself\u2014can be immediately deducted (recognized) from the gifted property valuation.<\/li>\n
                                                                                    • Tips for Mock Calculation Input<\/li>\n<\/ul>\n

                                                                                      If you have a history of selling real estate or transferring large sums of money to children within the past 3 to 5 years, do not simply record only your current balance; calculate [disposed amount – verifiable actual expenditures and accumulated natural consumption] and reflect it in the other property field to produce results similar to actual screenings.<\/p>\n

                                                                                        \n
                                                                                      1. The Trap of Housing Types: ‘Free Rent Income’ When Living in High-Valuation Housing Owned by Children<\/li>\n<\/ol>\n

                                                                                        A typical example of receiving a disqualification notice despite running the mock calculation as a ‘non-homeowner’ because one owns no home under their own name is living together in a home owned by their children.<\/p>\n