Finance options

buck4568

Mouseketeer
Joined
Feb 4, 2001
Messages
419
Does anyone have info on the latest finance options offered by DVC? Thinking of adding on to take advantage of the developers incentive!
 
Assuming good credit its 10.75%. They have a lower % if you finance over I believe a year, otherwise the 10 year and either 7 or 5 year is 10.75. Its actually 11.75%, but they discount it 1% for direct debit.
 
If you ae just addidng on a few points you could almost certaintly get much better financing at your own bank. But a few points at 10 or 11% doesn't mean much in cash flow.
 
If you ae just addidng on a few points you could almost certaintly get much better financing at your own bank. But a few points at 10 or 11% doesn't mean much in cash flow.
Also, another advantage is that financing through Disney does not appear as a credit account on your credit report, which can lower your debt / income ratio...
 

I can tell you that we financed through Disney and we bought 400 pts and for 10 years will be paying $416.00 a month

We are planning on paying that off in 5 years or less.
 





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