When you take a home loan, you typically choose a tenure between 15 and 30 years. A longer tenure means a lower EMI, which feels more manageable. A shorter tenure means a higher EMI but a much lower total interest cost. This is the classic loan tenure dilemma. Which one is right for you? The answer is not as simple as just picking the one with the lowest total cost, because that ignores your cash flow needs and other financial goals.