Following recent program changes, Disney Vacation Club has established new rates for buyers financing their purchase or add-on with rates ranging from 9% - 17.5%.
DVC recently updated its interest rates charged on a direct purchase, introducing a new credit tier and varying the rate based upon the amount of the down payment. Three tiers of credit worthiness now exist, defined as Premium, Preferred and Standard. Exact credit scores tied to each tier are unknown.
Finance rates for each tier are as follows:
Premium, 10% down: 11.5%
Premium, 20% down: 9.0%
Preferred, 10% down: 14.5%
Preferred, 20% down: 10.5%
Standard, 10% down: 17.5%
Standard, 20% down: 12.5%
Buyers who enroll in the automatic payment program and agree to have funds Direct Debited from a U.S. Checking or Savings account will receive a 1% discount on the rates above.
Rates are for a 10-year loan with no pre-payment penalties.
Terms and conditions are set by Disney Vacation Development and its finance partners, and are subject to change. For complete details contact a Disney Vacation Club sales representative.
