Exterior shot of Disney Magic at sea during sunset

(11:50 a.m. EDT) -- The final payment schedule has been changed for five-night sailings on Disney Cruise Line.

Previously, the final payment cutoff for five-night cruises was 75 days prior to sailing, which has been updated to 90 days. This means that cancellation fees now take effect at 74 days prior to sailing for five-night cruises. Five-night holiday sailings now require payment in full 105 days prior to sailing, rather than 90. Cancellation fees will take effect for five-night holiday sailings beginning 104 nights out. This new policy puts five-night cruises in line with the final payment schedule for six- to nine-night sailings. The new policy takes effect for any Disney Cruise Line sailing booked on or after August 15.

Two weeks ago, MSC Cruises changed its final payment dates from 60 to 90 days prior to departure.

--By Brittany Chrusciel, Associate Editor