Paying monthly for a WDW trip?

[Lilacs4Me]

HI, I'm new here and was looking for information about booking a trip through Disney's website - it says that you put so much down and then have until a certain amount of time to pay the balance. I think I read that you can make payments, but this seems weird for a vacation destination. The last times we went to Disney, we did not book everything this way, so I have no experience!

Am I reading that correctly? Does anyone know if there is interest attached to a "payment plan"?

I have not booked yet because I am still getting the funds together for our next trip, but if I can book and pay the balance at a later date, that would be awesome!

TIA!

 

[havaneselover]

Make your deposit and pay as you like until your paid in full date. It works that way for a package at WDW and for Disney Cruise (I've never been to DLR so I can't speak for that). The way I do it is to pay my deposit and split my payments over the number of months until the paid in full date. So I put a deposit on a cruise in April and the PIF date is next May so I divided the remaining balance by 13. I pay using a Disney Vacation Account which I've funded using gift cards.

ETA: There is no interest charged if you pay this way.

 

[Lilacs4Me]

Thanks! Great news!

 

[Happyjen27]

There is no interest accruing between the time you book your vacation and the final payment date. Pay as you wish. This time, I've broken it down by booking my resort as room only ($750 for one night at rack rate), then a couple months later booking flights, a month later buying my annual pass (I have 2 trips this calendar year and it worked out about equal). I'll be buying the kids and DH their admission tickets in a couple of months in advance of our FP+booking window. So, I've been spreading the costs like that. Generally I like to hang onto my money as long as possible to earn interest so I don't pay much ahead. Gotta get that 0.00025% right? LOL.