Add-on's and financing

[AB6876]

Hey all-
I have a quick question, I know someone on here can answer.
When you add points on to your existing contract, and you plan on buying and financing through Disney how does that work?
Do you have to put money down? Do they add it to your existing loan or do you get another one?
We currently have 250 points and want to add on I just was not sure what the process is. I dont want to bother my guide until I know I am going to buy.



Thanks!!

 

[ToddyLu]

I do think to finance through Disney you have to purchase at least 50 points in an add-on. Can't answer your other questions but am waiting on the answer too...

 

[ppoe65]

We had 200 AKV and added 50 AKV financed. We put the 10% down and make a monthly payment. This is considered a seperate loan with its own terms. They do however take the payment at the same time. You will see each contract listed seperately on DVC website.

 

[nunzia]

Yep..I have three contracts, three loans. they will have your master number with .001, .002 etc. I just sold my 'master', so now I have no .000 . Yes, I put 10% down on my latest add on. There are no closing costs for add ons.

 

[AB6876]

Thanks all!!!! Everyone on here is so GREAT!!!!!