Store Page
Euro Truck Simulator 2
All Discussions Screenshots Artwork Broadcasts Videos Workshop News Guides Reviews

Euro Truck Simulator 2

Store Page
View Stats:
Global Achievements
rosleck Feb 19, 2013 @ 7:24pm
Bank
How do I make payments to the bank? Is it an automatic withdraw? Do I need to do something to send money back? I cannot seem to figure it out.
< >
Showing 1-8 of 8 comments
Maverick Feb 19, 2013 @ 7:43pm 
Repayments are auto but you can pay off a loan using Esc/Bank, bottom right.
#1
Knottypine Feb 19, 2013 @ 8:36pm 
You can only make a manual payment on your loan if you have the funds available to pay off the entire amount, by clicking on "repay loan" on the right.
#2
Tath Feb 19, 2013 @ 9:26pm 
There's not much interest to speak of though. I believe I paid about 2000 total interest on a loan of 200 000. Atleast you're forced to pay it back, unlike the Farming Simulator one that was just sitting there being almost free.
#3
Knottypine Feb 20, 2013 @ 4:38am 
Originally posted by Tath:
I believe I paid about 2000 total interest on a loan of 200 000.
I believe that's incorrect! lol If you took the entire time to pay, 100K loans are at 18% and 400K loans are at 12% IIRC. If you had 200K, sounds like you took out 2x100K loans at 18%. That's way more than 2,000 in interest. :)
#4
Tath Feb 20, 2013 @ 4:55am 
The downpayment period was 35 days, with 1 payment each day, totaling just over 5700 each payment? Unless there's something hidden I haven't seen, it doesn't seem like a bad payment plan. 35*5700 is barely making it to 200.000. The interest rate is annual, isn't it? The 2000 might not be accurate, but as far as I can tell the interest rate is neglible when the loan is paid down so quickly and the income is so high.
Last edited by Tath; Feb 20, 2013 @ 4:59am
#5
Knottypine Feb 20, 2013 @ 5:08am 
Originally posted by Tath:
The downpayment period was 35 days, with 1 payment each day, totaling just over 5700 each payment? Unless there's something hidden I haven't seen, it doesn't seem like a bad payment plan. 35*5700 is barely making it to 200.000. The interest rate is annual, isn't it? The 2000 might not be accurate, but as far as I can tell the interest rate is neglible when the loan is paid down so quickly and the income is so high.
Hmmm yeah I guess so... I guess considering it's only carried over a month. No real point in trying to pay it off so quickly. I see 18% and my eyes are O.O lol
#6
Tath Feb 20, 2013 @ 5:21am 
I know, I've paid down mine. I've got enough debt in real life, don't need to leave this sitting :p Seeing the money going out each day is reeeally annoying.
Last edited by Tath; Feb 20, 2013 @ 5:25am
#7
RamblinRick Feb 20, 2013 @ 7:39am 
If you prepay a loan, there may be a substantial early prepayment penalty. But, this does not apply to all loans. For instance:

1) first loan, 100000. I've made 26 payments of 2887, total of 75062. Repayment amount is 34289. 75062 + 34289 = 109351 (total cost of prepaid loan). If I continue payment schedule (9 payments), I pay 101045.

2) second loan, 100000. I've made 17 payments of 2887, total of 49079. Repayment amount is 50998. 49079+50998=100077 (total cost of prepaid loan). If I continue payment schedule (18 payments), I pay 101045.

3) third loan, 10000. I've made 14 payments of 290, total of 4060. Repayment amount is 5942. 4060+5942=10002 (total cost or prepaid loan). If I continue payment schedule (21 payments), I pay 10150.

The above assumes simple interest, not compound interest. Why this the difference in the 100k loans, I do not know.
Last edited by RamblinRick; Feb 20, 2013 @ 7:44am
#8
< >
Showing 1-8 of 8 comments
Per page: 1530 50

Euro Truck Simulator 2 > General Discussions > Topic Details
Date Posted: Feb 19, 2013 @ 7:24pm
Posts: 8

Discussions Rules and Guidelines