The Galaxy Note III for T-Mobile will sell for $199.99 up front with 24 monthly payments of $21. The payments will equal to $504 after two years plus the initial cost of $199.99 equals $703.99. I would expect the off contract price of a device like this to be around $700, so you really aren’t losing much by going with the monthly payment plan. Of course, I haven’t seen what the off contract price really will be.
Read more at Engadget.