FS22 Enhanced Loan System v1.1.0.0

Farming Simulator 22 Mods | Farming Simulator 19 Mods · Published May 26, 2023 · Updated May 26, 2023

FS22 Enhanced Loan System v1.1.0.0

This mod makes the credit system a bit more realistic. However, the standard game credits will be deactivated. If a farm still has a loan, it will be transferred to the new system.

Changelog 1.1.0.0:
– Feature: It is now possible to set the maximum duration of a loan

With this system, it is possible to take annuity loans. For this, a loan with a fixed amount, a term, and a loan interest rate is concluded. This calculates the monthly installment, which is debited at the end of each month.
The bank requires collateral here, so the maximum loan amount is calculated from the current sales value of your vehicles, fields (60%), cash, and your already current loans.
To make this a bit more realistic, the loan rate can go up, down or stay the same each month. This makes it all the more crucial when the loan is taken out. However, you can also change this variable loan interest rate to a fixed loan interest rate in the settings.

How does an annuity loan work? Here is a brief explanation:
An annuity loan has an annuity, a monthly installment, and a loan interest rate. This annuity is made up of the repayment amount and the interest amount. The interest amount is calculated by multiplying the loan interest rate by the remaining amount of the loan. As a result, the interest amount keeps decreasing and the repayment amount keeps increasing.

Credits:
Chissel

Farming Simulator game is so great that is hard to believe that it could be even greater. However, it can be if you play this game with mods! You can have more fun simply installing Farming Simulator 19 mods / Farming Simulator 22 mods. The game became so popular because of supporting mods! What is more, all FS19 mods / FS22 mods are completely free. Every mod has different designation and when there’re so many of them, until you’ll try it you can only imagine what the limits of this game are. So many improvements new tractors and more are waiting for you until you download all of Farming Simulator 2019 mods / Farming Simulator 22 mods. Create your own combination of FS 19 mods / FS 22 mods and see how it works in game. Maybe you’re the one who will create a perfect game which doesn’t have any issues. So why don’t you try. Download and install these LS 19 mods / LS22 mods and create your Farming Simulator 19 / Farming Simulator 22 game. Welcome to the biggest Farming Simulator modding community! If you like this mod, please comment bellow.