Hi Jennifer,
Welcome to the Moms Panel! At the time of booking you are only required to pay a $200.00 deposit (strictly your choice to pay more) if you are booking a vacation package. The balance is due 45 days prior to your check-in date. Yes, you can pay weekly or monthly as long as the balance is paid 45 days prior to your check-in date. You will not receive a monthly statement; however, you will be able to view your reservation online (My Reservations on Disney's Official Web site). I hope this helps!
Have a magical day!
Ca'Sandra
Visit Walt Disney World Resort to explore the magic.
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