Choosing longer loan tenures to achieve lower monthly installments (EMIs) can significantly increase the total cost of borrowing. While lower EMIs appear attractive, they often lead to higher interest payments over time. Borrowers may find themselves in debt for extended periods, sometimes throughout their lives, as they stretch repayment durations. This approach can also introduce uncertainties, as longer tenures increase the likelihood of encountering financial difficulties in the future. However, long-term loans can be beneficial for those facing cash flow challenges, provided they are coupled with sound financial decisions, such as investing the extra cash in assets. Ultimately, borrowers should focus on selecting a loan with an affordable EMI that balances immediate financial relief with long-term financial health.