A longer mortgage term can make monthly repayments more manageable, but it may mean paying more interest over the life of the loan. A shorter term could reduce the overall interest cost, although the higher monthly repayments may put more pressure on your budget and borrowing assessment. Consider how the term fits with your income, future plans and expected retirement age, as well as whether the lender allows overpayments and what charges may apply. Terms, criteria and charges vary, so check the details with the lender and confirm current guidance with the Central Bank of Ireland or a regulated mortgage adviser.