Question

What does the value of collateral or down payment affect? Check all that apply.

Answer 1

If your choices are the following:
the amount borrowed
the interest rate
the lender’s perceived risk
the repayment schedule
the credit cards available

then the answers are the following:
he amount borrowed
the interest rate
the repayment schedule

Answer 2

Potential interest rate based on bank (lender) risk
monthly payment and term (length of the loan payments)