Household Expenditure Measure (HEM) is the standard benchmark used by Australian lenders to estimate minimum living costs. It's calculated based on your household size, dependants, and income level. If your actual expenses are higher than HEM, lenders will use your actual figure.
Estimated monthly HEM
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Updates automatically based on your inputs above
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Lenders will assess the higher of your declared expenses and the HEM benchmark. If you enter an amount below HEM, HEM will be used automatically.
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Existing Financial Commitments
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Lenders typically apply a 3% monthly repayment factor to total credit card limits regardless of the current balance.
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Loan Details
Results will show borrowing capacity across standard lenders (APRA +3% buffer) and select non-bank lenders (+1% buffer) so you can see the difference.
Not sure which lender is right for you? Non-bank lenders can be a genuine option for borrowers who need more flexibility — but they're not right for everyone. Frame Finance works across both and will recommend the lender that best fits your situation.
