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Paying Back Loans Efficiently & House Upgrades

ACNH | Paying Back Loans Efficiently & House Upgrades | Animal Crossing

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Check out this Animal Crossing: New Horizons Switch (ACNH) guide about Paying Back Loans Efficiently and house upgrades. Including Nook Miles, Bells, & how to upgrade your house!!!

Table of Contents

What Are Loans?

System For Paying Back Tom Nook

System For Paying Back Tom Nook

At the beginning of and over the course of the game, you'll have to take out loans from Tom Nook. These don't have interest or a time limit, so you don't need to worry!

No Interest Or Time Limit

Tom Nook's loans don't have any interest or time limit so you can keep playing New Horizons even if you have an outstanding bill to pay. However, you need to pay any loan first before taking out a new one.

Build A Bigger House


After paying off your loan, talk to Tom Nook and select "About my house". He will then ask you if you'd like to make your house bigger. By accepting, you can expand your house! Though it comes with another loan to pay back. You can also choose the color of roof when building a larger house.

Check Out House Customization & Storage Here

House Upgrades & Loan Values

Loan Total Cost Chart

StageTotal Cost
1st98,000 Bells
2nd198,000 Bells
3rd398,000 Bells
4th548,000 Bells
5th758,000 Bells
6th1,248,000 Bells
7th2,498,000 Bells

You can continue taking on loans to increase the size of your living quarters and to increase the number of rooms! Each loan seems to get substantially more expensive.

Need Money? Sell Items

To upgrade your house, you need massive amount money. You can get money by selling items. Read and learn the best ways to farm money in the following link.

Check Out How To Farm Money Fast!

House Expansion Stages

StageHouse Size
1stDefault house
2nd8x8 tiles
3rd+1 Room
4th+2 Rooms
5th+3 Rooms
6th+ 2nd Floor
7th+ Basement

Unlock Moving Your Mailbox

After fully paying off your 3rd loan, you'll get the ability to move your mailbox around freely.

Detailed Guide On Mailboxes And Mail

How To Efficiently Repay Your Loan

Loan Repayment Guide

1Get your initial Getaway Package loan at the start of the game.
└5000 Miles
2Collect Miles by doing missions
↓ Check Out Recommended Cards To Reach 5000 Miles
3Payback your moving fees
Unlock the Mile Redemption Shop
4Take out a loan to build on and then expand your house
└98,000 Bells
└198,000 Bells
└398,000 Bells
5Sell items to earn tons of bells
↓ Check Out Recommended Items To Farm Here

Recommended Way To Earn 5000 Miles

ActivityMile Reward
Move To The Island500
Talk To 1 Animal300
Take A Picture300
Renew Your Passport300
Use The Nook Phone300
Collect DIY Recipes300
Sell Items You Don't Need300
Write Something On The Bulletin Board300
Catch 10 Fish300
Catch 10 Fish In A Row300
Catch 10 Bugs300
Use A Tool Until It Breaks300
Make A Custom Design500
Create 5 Tools With DIY300
Collect 10 Clams300
Pull And Sell 50 Weeds300

You can easily collect 5000 miles by completing the above quests. Save bells for the loan you're going to have to pay off later!

Check Out Other Ways To Earn Miles Fast Here

Recommended Items To Farm For Bells

Recommended ItemSell Price
Giant Clam900 Bells
Venus Comb300 Bells
Wasp2500 Bells
Red Snapper3000 Bells

Toward the beginning of the game, it's best to spend a lot of time gathering and selling items! In New Horizons, you can even sell Weeds, so make sure to gather them while you're out and sell everything all at once.

Are There Loans In New Horizons?

Pay Back Getaway Package With Nook Miles

Pay Back Getaway Package With Nook Miles

One of the first loans you need to pay back is for the Island Getaway Package. Take note that you need to pay this off with Nook Miles and not Bells.

Check Out How To Get Nook Miles!

Pay Back With ABD

After you get your 2nd loan (98,000 Bells), you can start to use the ABD to make payments on it!

Learn More About The ABD Here!

Take Out Loans For Construction

Take Out Loans For Construction

When you decide to build your own home or make significant constructions on the island, you'll have to take out loans from Resident Services. These are normal loans and can be paid back with Bells.

Animal Crossing New Horizons Switch - Recommended Articles

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Anonymous 9

No there no way there was interest

Anonymous 8

I am playing ACNH I wanted to see what happened when I just did not pay anything on my house expansion loan. I got charged interest on my house expansion loan when I stopped paying for a period of time

Anonymous 7

If you are on your last upgrade wouldn't you pretty much get the ba*****t for "free" you don't have to pay off the loan of 2b, because you already got the upgrade lmao!

Anonymous 6

Now I have the 1,248,000 loan to pay of

Anonymous 5

So do I .I have ,29400, left

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