DVC Finance question?!?!?!?

[cajunstitch]

I have not talked to anyone at DVC yet but was curious about what anyone else is paying/month financing through Disney. Also curious about type of finance i.e. %down, length of contract, monthly payments...?

 

[pplasky]

If you go for 150 pts at SSR and put 10% down(credit or cash) your monthly payments for 10 years would be approx $200/month(including Maintenance).

 

[WDW LOVR]

Just bought 170 points at SSR. 196/month plus ~500/year in MF's. First payment in June '05. You get a 1% discount on the interest rate if it is taken directly from your checking account.

 

[sleepydog25]

The SSR buy-in we got 10 days ago was for 20% down, financed through Disney since a lot of lending institutions won't finance out-of-state timeshares. Disney offers lots of options, including flexible down payment options (10% minimum), number of years to finance (1, 3, 5, 7, 10), and an extra point off rate for direct pay out of a bank account. When we bought, we got the points for $85 per and for 50 years. The points won't be available until mid-'05, but since we just left, we don't have a burning need to get back before next fall. We felt it was a good deal.

 

[cajunstitch]

Thanks to all!