Hi there, Tomasina!
Welcome to planDisney and we appreciate you coming by with your question! I think it's a great perk that we as California residents get to be able to make monthly payments towards a
Magic Key Pass. It's allowed many guests to return to the Magic again and again throughout the year and mine has certainly paid for itself! At the time of this writing, sales of new Magic Key Passes have been paused, but be sure to follow the
Magic Key Instagram page for any news of an upcoming inventory release!
When you do sign up for monthly payments, Tomasina, as you stated, a down payment is due upon purchase of a new Magic Key Pass. According to the Payment Contract sent by Disney, there is a clause under "When Payments Are Due" that states "If you are making a down payment, then you will pay two amounts today: (i) your down payment and (ii) your first monthly payment." So to answer your question, the down payment is separate from your first monthly payment and, therefore, there are still 12 payments remaining.
I certainly hope you are able to get your hands on a Magic Key Pass when they become available! I love all the benefits and
discounts that I'm able to use. I also make it a point to check the Magic Key Portal in the
Disneyland Mobile App every time I visit just in case they're offering a cool new souvenir or a special Magic Shot just for us!
Tomasina, I hope that was helpful for you in planning financially for your purchase! If you need anything further from us, please do not hesitate to write back again. You're always welcome at planDisney and we hope to see ya real soon! Until next time!
Wishing You a Great, Big, Beautiful Tomorrow!
-Al