Thinking about an add on

[Jeanine3kids]

I am thinking about adding 50 points how much would that be if I financed that a month anyone know?

 

[edk35]

where are you thinking about adding on at?

 

[Jeanine3kids]

I guess SSR that is where I own now.

 

[DisDaydreamer]

I'll make some assumptions... that you pay $80 per point. Finance for 10 years. And the interest rate is 10%. I really don't have any idea what the rate is now, but a 5% swing in either direction would make about a $10 per month difference.

The monthly payment for the above scenario would be around $53 plus your MF of $4.21 x 50 = $210 / 12 = $17. So bottom line is around $70 per month.

You may find this loan calculator handy for making this calculation http://www.dinkytown.com/java/PaymentOptions.html

I use www.dinkytown.com calculators all the time and I never forget the site name

 

[CMedley78]

I am adding on 50 pts at AKV, and it is $58 a month. It would be $63 at SSR.

 

[edk35]

I am adding on 50 pts at AKV, and it is $58 a month. It would be $63 at SSR.

Why is AKV cheaper per month??

 

[Tozzie]

Why is AKV cheaper per month??

Probrably because SSR is officially sold out so there are no incentives and AKV has a $8.00 per point incentive.

 

[edk35]

Probrably because SSR is officially sold out so there are no incentives and AKV has a $8.00 per point incentive.

Oh I thought you could only get incentives with the promotional buy ins or add ons. Hmmmm food for thought. LOL

 

[CMedley78]

Oh I thought you could only get incentives with the promotional buy ins or add ons. Hmmmm food for thought. LOL

I believe that the discount of $10 a point is for 160 pts or more, or for just new contracts. With the add on, there is no incentive.

 

[hakepb]

Earlier this year DVC was offering SSR and AKV incentives on add-ons as low as 50 points (Seemed to take advantage of the tax incentive)
dvcnews mentions current $8/point on 50-99 point AKV contracts and more incentives on 100+ points, so it may still exist..