Asked by Void<3

Which of the following will save you money over the life of your loan?

(1 point)
Responses

taking a loan with a higher APR
taking a loan with a higher APR

making a smaller down payment
making a smaller down payment

taking a loan with a longer term
taking a loan with a longer term

making larger payments than required
There are no human answers yet.
Answered by GPT-5 mini
making larger payments than required

Paying extra reduces the principal faster, so less interest accrues and the total interest paid over the life of the loan falls. (Check for any prepayment penalties on your loan.)