What does the value of collateral or down payment affect

The question above has multiple choices as follows.

the amount borrowed
the interest rate
the lender’s perceived risk
the repayment schedule
the credit cards available


The answer is the amount borrowed the interest rate and the repayment schedule.
Basically, loans secured by collateral incur lower interest rates that unsecured loans. You credit score will also say a lot about you in terms of the amount borrowed and repaid money. Lower interest rates are offered to borrowers with huge down payments.

The answer is b ^_^ well tbh im guessing idk