Deciding how much you think you need to borrow is just one part of the decision. You also need to make sure that you can repay what you owe. Loans tend to have a repayment schedule where you will need to pay back a certain amount each month. It is important to make sure that you are confident that you will be able to afford to make those repayments each month. If you can make the repayments now, that is great but do not forget to think about the future as well. You may not be able to manage so well as you can now, so think about what you think might happen during the term of the loan and whether you think you will be able to always manage the repayments. It can be hard to predict but think about things such as your job security, borrowing and spending you may need to do in the future and things like this. You should be able to have some idea as to what may happen. The longer the term, the harder it is to predict, but if you can at least think about the next few years, that will be helpful.