After Disney closing, how long til first payment?

[maryloubsw]

Hi all, we boguht direct from Disney and I am just trying to figure out when my first payment will be due? Immediately after closing or 30 days after like a mortgage? TIA

 

[sissy_42]

I agreed on Monday, got my paperwork Wednesday. My first payment is due June 1st. The first payment is a little bigger because of the way interest works. Hope this help.

 

[maryloubsw]

I agreed on Monday, got my paperwork Wednesday. My first payment is due June 1st. The first payment is a little bigger because of the way interest works. Hope this help.

Oh OK that's nice that you have a couple months until first payment. Thank you!

 

[hopare]

About a week or so after you return your contract the info is on dvcmember.com. I returned my contract mid Jan and my first payment is due April 15, my dues aredue March15... I chose not to do monthly installments.

 

[Sandisw]

Check your paperwork as well. It tells when the first payment will be due. But last year, when we started the finance process (ended up canceling and simply paying for it), we were told it is about 3 months after the process starts (ie: you give your down payment).