DVC Interest Rate

[bxmetfan]

What is the current interest rate if financed through DVC?

 

[Donald's Fan in PHX!]

It's about 10.5%

 

[disneynutz]

It's about 10.5%

If you have not so good credit, the rate is higher. I think it's around 14.5%

 

[DisneyRN51207]

We got 10.75 which is applicable whether you finance for 5 or 10 years......

 

[White_Sox_Fan]

I believe the rate is only 4.95% if you can get away with a 1 year loan.

 

[Anjelica]

I believe the rate is only 4.95% if you can get away with a 1 year loan.

I believe that is if you put 50% down and finance the other 50% with DVC you would then qualify for that rate, as you said, for one year.

 

[White_Sox_Fan]

I believe that is if you put 50% down and finance the other 50% with DVC you would then qualify for that rate, as you said, for one year.

That is correct, you must put down 50%. Of course the incentive price is counted toward your down payment. So if you buy AKV the $8pp incentive is counted toward the downpayment and you would just have to put down an additional $44pp. (104/2=52 - 8 = 44)

 

[Anjelica]

That is correct, you must put down 50%. Of course the incentive price is counted toward your down payment. So if you buy AKV the $8pp incentive is counted toward the downpayment and you would just have to put down an additional $44pp. (104/2=52 - 8 = 44)

Ahhh - did not know that - thanks!!!