Description:
This mod makes the credit score system a bit extra lifelike. Nevertheless, the usual game credit might be deactivated. If a farm nonetheless has a mortgage, will probably be transferred to the brand new system.
Changelog 1.2.0.0:
– Bugfix: Newly created farms in multiplayer not have commonplace credit
– Characteristic: The whole prices for all present loans are additionally displayed
– Characteristic: Loans which have already been paid off can now be proven and hidden
Changelog 1.1.1.0:
– Bugfix: Modifications to the credit score are accurately displayed within the statistics
Changelog 1.1.0.0:
– Characteristic: It’s now attainable to set the utmost period of a mortgage
With this method it’s attainable to take annuity loans. For this, a mortgage with a set quantity, a time period and a mortgage rate of interest is concluded. This calculates the month-to-month installment, which is debited on the finish of every month.
The financial institution requires collateral right here, so the utmost mortgage quantity is calculated from the present gross sales worth of your automobiles, fields (60%), money and your already present loans.
To make this a bit extra lifelike the mortgage price can go up, down or keep the identical every month. This makes it all of the extra essential when the mortgage is taken out. Nevertheless, you can too change this variable mortgage rate of interest to a set mortgage rate of interest within the settings.
How does an annuity mortgage work? Here’s a temporary rationalization:
An annuity mortgage has an annuity, the month-to-month installment, and a mortgage rate of interest. This annuity is made up of the reimbursement quantity and the curiosity quantity. The curiosity quantity is calculated by multiplying the mortgage rate of interest by the remaining quantity of the mortgage. Because of this, the curiosity quantity retains lowering and the reimbursement quantity retains growing.
Credit:
Chissel