Bank loan interest repayment rate preview

General Discussions about new beta versions of Capitalism Lab
baz
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Joined: Sun Jun 17, 2012 6:50 pm

Bank loan interest repayment rate preview

Post by baz »

Would it be possible that before you comit to a loan, you can have a preview of the interest rate that you will pay. For example I want to borrow 10 million now, I would like to know what the interst rate would be in cash terms to me a month, So I can then easly see if I can afford the repayments. At the moment, I have to get a calculator out to work it out. It would be easier to see a preview, as in the real world a bank manager wouldn't lend you money before you were aware as to what the repayment is going to be at current interst rates.
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David
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Re: Bank loan interest repayment rate preview

Post by David »

This is a good idea and is quite easy to implement. We will add it to the improvement task queue.
baz
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Re: Bank loan interest repayment rate preview

Post by baz »

Cool, Cheers for that David. It was driving mad trying to calculate percentages of interest rates :D
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David
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Re: Bank loan interest repayment rate preview

Post by David »

The implementation will be available in the next patch. In the meantime, you may check out the below screenshots.
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repay bank loan.jpg
repay bank loan.jpg (461.9 KiB) Viewed 1322 times
borrow bank loan.jpg
borrow bank loan.jpg (453.86 KiB) Viewed 1322 times
baz
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Re: Bank loan interest repayment rate preview

Post by baz »

That looks good to me, looking forward to the next patch. Cheers for sorting that out David.
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