T-Mobile US drops all phones to $0 on contract, iPhone 5 included

T-Mobile has dropped the upfront cost of all phones available in the carrier's stores to $0, including flagships like the Apple iPhone 5, Samsung Galaxy S4, Sony Xperia Z and Nokia Lumia 925.

There's a catch though – you still have to pay for the phone, you just do it in monthly installments on top of your regular monthly payments. Starting tomorrow, customers can grab a new phone on T-Mobile's Simple Choice Plan (starts at $50 for unlimited talk and text plus 500MB high-speed data).

Here's a table that shows the monthly payments for some of the most popular devices. We've added a third column, which is the total cost of the device over 24 months (which T-Mobile conveniently neglected).

Device Down Payment Monthly Payments

24 equal monthly payments for

0% APR on approved credit
Total for 24 months
Samsung Galaxy S® 4$0$25$600
Samsung Galaxy Note® II$0$27$648
Samsung Galaxy S® III$0$22$528
Xperia® Z from Sony$0$25$600

iPhone 5 16GB only

Nokia Lumia 925$0$20$480
Nokia Lumia 521$0$5$120
BlackBerry® Q10$0$25$600
HTC One® $0$25$600
Samsung Galaxy Tab(TM) 2 10.1$0$20$480

Note that this is a limited time offer and T-Mobile didn’t say when it ends. You can also sign up for the JUMP! upgrade program that costs $10 a month and adds insurance and the option to sign a new contract (and get a new phone) every six months. It's similar AT&T Next (which goes live today) and Verizon's Edge.

Source | Via

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