Updated September 28, 2026
What is Repayment term?
In short
How long you have to repay a loan in full, which sets your monthly payment and the interest you pay overall.
The repayment term is the period from your first payment until the last one clears. A longer term lowers each monthly payment but means paying interest for longer, and a shorter term costs more each month but clears the debt sooner. Short terms suit a short payday-type loan, while long terms suit a mortgage-style balance.
The range varies widely. 1822direkt runs 24 to 120, 5in5 offers 0.5 to 24 and ABA Bank offers 1 to 12. ABB Bank lends over up to 60, and Abe Student Loans stretches to 60 to 240.
Sources
- 5in5.nl, checked September 26, 2026
- abb-bank.az, checked September 26, 2026
- 1822direkt.de, checked September 26, 2026
- ababank.com, checked September 26, 2026
- abestudentloans.com, checked September 26, 2026