Depends on how you look at it.
If you are actively investing in other things, then it may be good to max out the loan tenure when the interest rates are low.
For me anything to do with money is so stressful.
The last time when i contemplated to buy or not to buy, I lost 3 kg in one month. Then met up with loan officer to consider loan also so stressful that I lost somemore weight.
However everything has been settled, so the weight accumulated back to square one
.
With my "virtual" lifestyle, where I spend most of my free time in front of the computer with no vices, squandering of cash is not an issue. Spending it may be an issue
.....just kidding, suffering from Vitamin M deficiency now and hoping to overcome it within the next 10 years.