04/06/2026
When discussing financing options with clients, one question often comes up:
“Should I stretch my loan tenure?”
A longer loan tenure can significantly reduce your monthly instalment, helping with cash flow and providing more financial flexibility.
However, the trade-off is that you may end up paying more interest over the life of the loan.
For example, on a $1 million loan, the difference between a 20-year and 30-year tenure could mean approximately $1,400 less in monthly instalments — but a higher total interest cost over time.
There is no right or wrong answer.
The best loan structure is one that aligns with your financial goals, lifestyle needs, and comfort level.
Would you prioritise lower monthly commitments or lower overall interest costs? Share your thoughts below 👇