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What is the Household Expenditure Measure?

Your living expenses play an important part in how big your home loan should be, or even if you can afford one. So what is the Household Expenditure Measure (HEM) and why does it matter if you’re applying for a home loan?

Written by
Alasdair Duncan
Alasdair Duncan Content Editor
Content Editor
Edited by
Mandy Beaumont
Mandy Beaumont Former Content Lead
Former Content Lead
calendar 08 May 2024
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