I have a Galaxy Note 9 in great condition. When I went through the process to trade it in for a Pixel 6 Pro (retail $899.99), I discovered the monthly payment for EIP doesn't add up. It says after the down payment of $149.99, shipping and taxes, there will be a credit of $86 applied after two billing cycles. The trade in credit is $450 total, so that leaves $364 in credits left to be applied over 24 months. T-Mobile says the monthly payment amount is $16.08.
Given the $86 credit comes off the financed amount of the Pixel, which is 750 after the down payment, the new financed amount is $664. So now for 24 months it is $27.67. Then there is $364 credit to be applied over 24 months. That is $15.17 per month. $27.67 minus $15.17 is $12.50 per month, not $16.08.
What gives???
