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
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
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
|6th||+ 2nd Floor|
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
|1||Get your initial Getaway Package loan at the start of the game.|
|2||Collect Miles by doing missions|
↓ Check Out Recommended Cards To Reach 5000 Miles
|3||Payback your moving fees|
Unlock the Mile Redemption Shop
|4||Take out a loan to build on and then expand your house|
|5||Sell items to earn tons of bells|
↓ Check Out Recommended Items To Farm Here
Recommended Way To Earn 5000 Miles
|Move To The Island||500|
|Talk To 1 Animal||300|
|Take A Picture||300|
|Renew Your Passport||300|
|Use The Nook Phone||300|
|Collect DIY Recipes||300|
|Sell Items You Don't Need||300|
|Write Something On The Bulletin Board||300|
|Catch 10 Fish||300|
|Catch 10 Fish In A Row||300|
|Catch 10 Bugs||300|
|Use A Tool Until It Breaks||300|
|Make A Custom Design||500|
|Create 5 Tools With DIY||300|
|Collect 10 Clams||300|
|Pull And Sell 50 Weeds||300|
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 Item||Sell Price|
|Giant Clam||900 Bells|
|Venus Comb||300 Bells|
|Red Snapper||3000 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
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
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.