does youre ETF decrease over time

[k0oki3]

i am on a business contract currently in my mothers name with 5 lines 1 motorola flip phone (out of contract) 1 lg env 2 (out of contract) 1 samsung rogue (contract ends december of next year) and 2 motorola droids (expire march of 2012). we are switching to t mobile for a few reasons. the biggest being we will save around $100 a month and the second being me and my mother are both planning on getting the nexus S. service around here is just about on par with verizon. i am wondering how much our ETF will be to cancel the lines that are in contract. im also wondering if that will go down because of how old the contracts are

 

[octoberdana]

Yes they are prorated over time. The Rogue would have an ETF of $175 to begin with and the Droids $350 each. The Droids would prorate at $10 per month so you would have about $260 each on those- so around $520. You would probably owe around $100 or so on the Rogue- so about $620 to buy out your contracts- give or take.

 

[k0oki3]

thanks so much