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Term drives the monthly figure
Spreading the same amount over a longer period cuts each repayment, easing the affordability test. A loan that fails over 12 months might comfortably pass over 24 or 36. This is a lever you control at application.
The cost trade-off
A longer term means more repayments and so more interest overall, even at the same rate. The art is choosing the shortest term you can comfortably afford — low enough repayment to qualify, short enough to keep total cost down. Compare with the true cost calculator.
Applying
Pick a term that balances comfort and cost, then apply online.
Frequently asked questions
Does a longer term make approval easier?
It can, by lowering each repayment and easing the affordability test. The trade-off is more interest over the life of the loan.
What term should I choose?
The shortest you can comfortably afford — a low enough repayment to qualify and manage, without stretching so long that total cost climbs unnecessarily.
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