GACE Practice Test 2025 – The All-in-One Guide to Mastering the Georgia Educator Certification

Choosing the loan option that requires the least amount of money overall means considering both the down payment and the total of all monthly payments throughout the duration of the loan. When evaluating different options, it's essential to calculate the total cost by adding the initial down payment to the total interest paid over the life of the loan, as well as any other fees that might apply.

If Option A is determined to be the correct choice, it likely indicates that it offers a lower interest rate compared to the others, or it has better terms that reduce the total cost. This could also involve having a smaller loan amount, a more favorable payment structure, or incentives that directly lower the final amount paid. In this case, families would appreciate choosing an option that contributes positively to their financial situation in the long term.

The best choice is the one that balances affordability with overall savings, ensuring that the family spends the least possible on both down payments and monthly installments.