How to Pay Off a Tom Nook Mortgage in Animal Crossing New Horizons
Tom Nook, as the capitalist raccoon in Animal Crossing franchise, is well-known for charging players exorbitant amounts for home upgrades. On one infamous occasion he even held Tommy hostage!
Although he will accept Nook Miles for your initial tent upgrade, any subsequent upgrades require payment in Bells. Paying off early enables you to expand your house with more space for furniture.
How to pay off your first loan
Animal Crossing’s longstanding success lies in its raccoon (or tanooki), Tom Nook. If you owe him money for upgrades on your house, only after repaying his mortgage in full will Tom provide them. Animal Crossing: New Horizons introduces some innovative mechanics – among them is paying your home loan off using Nook Miles earned through island activities as part of Nook Miles lending options.
Starting off in your island tent and with an initial bill for 5,000 Nook Miles from Tom Nook, once paid off he will upgrade it into a house the following day for 98,000 Bells which will increase storage slots for items. However, unlike previous games this upgrade does not grant any extra benefits from paying off mortgage; you simply need to do it to expand your house.
Once you’ve paid off your 5,000 Nook Mile debt, speak with Tom Nook again and he’ll ask if you want to upgrade your house by one level – this will cost an additional 98,000 Bells and require another loan payment plan to repay it. He may then continue offering expansion options as players make progress toward paying off previous debts; each mortgage becoming increasingly larger as time progresses.
Saving up money to avoid mortgages can be difficult in an on-the-go game like SimCity, but there are strategies players can employ in order to amass large sums of cash.
Players can quickly sell off excess items on the island to Timmy or Tommy at Nook’s Cranny for quick cash, or purchase and sell turnips from Daisy Mae’s shop over time to make substantial profits at a stalk market.
Employing these techniques, players should be able to amass an impressive sum to begin paying off their mortgage, though it will take some time before reaching full payment and upgrading their house again.
How to pay off your second loan
As soon as you begin playing Animal Crossing series games, Tom Nook will welcome you warmly and ask where you would like to set up your tent. After choosing, he will present an itemized bill covering initial cost of starting island home, before asking that payment be made using bells – however there may be another method available which does not involve using bells!
Animal Crossing series are famous for putting players deep in debt to Tom Nook, an eccentric raccoon or tanooki who offers various upgrades to your house at an exorbitant mortgage payment price. Once one mortgage has been paid off successfully, Tom demands that players expand their homes once more or face further consequences from him.
Once your loan has been paid back in full, Tom will offer to upgrade your tent into a small house for 98,000 bells. You can choose the color of roof as well as add back rooms and side porches. Plus you can select what kind of furniture from him you would like!
After successfully upgrading, you will be able to freely move your mailbox around the map while collecting additional DIY recipes and furniture items for sale. Selling more items will accelerate reaching 5,000 Nook Miles — which is necessary in order to pay back your second loan in full.
Nook Miles can be earned through various means, including catching fish and bugs, donating creatures to Tom, purchasing items from his shop, interacting with Timmy’s chest behind Timmy and the machine in his corner of his store; each will grant additional Nook Miles once every day!
Once you reach 5,000 Nook Miles, speak to Tom once more and select “About my House”. He will ask the player whether they wish to expand their house again with another mortgage and loan payment; however, this time they can opt to pay with Nook Miles instead of bells.
How to pay off your third loan
Once you’ve paid back Tom Nook your initial loan, he may offer to upgrade your tent into a house for 98,000 bells; Nook does not charge interest and doesn’t impose time restrictions for his loans.
Once you have amassed enough funds to repay your loan, head to Nook’s Cranny and speak with Timmy or Tommy. They will ask for some creatures or furniture from you in exchange for Nook Miles from using the machine in the corner of Nook’s Cranny daily – up to 5,000 can be earned by using it this way – which should allow you to quickly repay off a second loan in no time at all!
Animal Crossing New Horizons provides many avenues for making money outside of Nook Miles – selling weeds, giving Timmy or Tommy creatures, catching fish and bugs are all excellent methods of making extra cash. Plus, collecting DIY recipes to sell to Tom Nook for even more Nook Miles!
Animal Crossing New Horizons can help you quickly gain wealth by saving up a significant number of bells. Once this goal has been reached, pay off your loan to Tom Nook and invest the rest in various businesses in the game.
Once your loans have been repaid, mortgages can also be taken out in order to expand your home. Although not mandatory, mortgages allow you to buy more items from Nook stores and unlock higher-tier decorations for your house. As there is only a certain number of items you can store at once in your home, planning ahead and budgeting wisely are both crucial elements in success.
Contrary to earlier Animal Crossing games, wherein an initial home loan could only be paid off with Nook Miles, this one allows full repayment using ABD at Resident Services Nook Stop. This enables future exterior renovations as well as unlock more storage space within your house.
How to pay off your fourth loan
Tom Nook from Animal Crossing is notorious for forcing players into debt through mortgages on their homes, a trend which continues in New Horizons; moving from tent to house requires 98,000 Bells alone! But don’t despair — there are plenty of ways to earn them and repaying loans should become your top priority once you understand how this island operates.
Initial steps players will want to take upon arriving on their island is paying back their 5,000 Nook Mile loan as quickly and painlessly as possible by selling items found around it such as the weeds that grow freely across it and furniture collected during travels.
Once this loan has been paid off, it’s time to turn your attention towards other loans, such as home loans for expanding living space. Nook can assist with this by selecting “About My House”. Your first upgrade will add an extra room; subsequent ones could include side rooms; finally one could add a basement.
All these upgrades cost money, but there are quick and easy ways to earn it within the game itself. Catching insects or fish, working at Nook Stop, or selling unneeded items all contribute towards reaching the needed amount to pay off loans.
Older Animal Crossing games offered players small rewards for paying off loans, but that isn’t the case in New Leaf. Your only reward for successfully paying off all home loans is giving Nook a note saying, “Thank You!”
Yes, but it will require work. There are various strategies you can employ to generate cash quickly; try them all simultaneously for maximum effectiveness and speedy repayment of Tom Nook. With careful planning, soon enough you should own the house of your dreams in the heart of the city!