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

You can use this system to take out annuity loans. For this purpose, a loan is made with a fixed amount, term and interest rate on the loan. This calculates the monthly fee that is charged at the end of each month.
The bank requires collateral here, so the maximum loan amount is calculated from the current sale value of your vehicles, fields (60%), cash, and your existing loans.
To make this a little more realistic, the loan rate can increase, decrease, or stay the same every month. This makes it even more important when getting a loan. However, you can also change this variable loan interest rate to a fixed loan interest rate in the settings.

There are also various settings that allow you to adapt the credit system to your personal preferences.

How does an annuity loan work? Here is a short explanation:
The loan has an annuity, a monthly installment, and an interest rate on the loan. This annuity consists of the repayment amount and the interest amount. The interest amount is calculated by multiplying the loan interest rate by the remaining loan amount. As a result, the interest amount continues to decrease, and the repayment amount continues to increase.