Can you finance add on's through Disney

[letitsnow]

I was wondering if I finance my original points purchase and decide to add on can I finance that as well? Do you have to pay closing costs on add ons?

 

[kristie03]

I believe you have to add on over 50 points to finance through Disney, but you can add on less points if you are paying with cash.

I don't know about the closing costs though.

 

[chalee94]

no closing costs on add-ons direct from DVC.

 

[Lost in Neverland]

We just added on 50 points and financed without issue through Disney.There are no closing costs and point were in account 24 hours later with 2009 points plus 2010.

 

[Luv2Scrap]

Just out of curiosity... what was the cost per point to add on 50 points?

 

[heynowirv]

We add-on 61 points last aug.@ 102 per point,We originally bought a resale @ OKW and the add-on is at SSR which we've stayed at twice and love. The points were in our account before we even left WDW.

 

[WendyinNC]

In the past, if you paid 1/2 cash and financed the other 1/2, the interest rate was very good. You need to purchase at least 50 points.

 

[kristenrice]

In the past, if you paid 1/2 cash and financed the other 1/2, the interest rate was very good. You need to purchase at least 50 points.

Is there a minimum AMOUNT that you need to finance? If we decided to add on 50 points at $102/pt ($5100) and paid, say, $3000 up front, would they allow us to finance the other $2100?

I'm just thinking about next year's tax refund... I know that I couldn't use ALL of it for an add-on, but perhaps half of it, then make payments throughout the year and pay the remainder off with half of the next year's return.

 

[WendyinNC]

Is there a minimum AMOUNT that you need to finance? If we decided to add on 50 points at $102/pt ($5100) and paid, say, $3000 up front, would they allow us to finance the other $2100?

I'm just thinking about next year's tax refund... I know that I couldn't use ALL of it for an add-on, but perhaps half of it, then make payments throughout the year and pay the remainder off with half of the next year's return.

This is exactly what I did with an add on a couple of years ago. I added on 55 points, paid 1/2 with a tax return, and financed the other 1/2 at maybe 5.5% (can't remember the exact rate). Call your guide and see what is currently available. Good luck.