- Log in to the T-Mobile shop. Go to the T-Mobile website and log in to your account. This ensures that the system will display financing options specific to your account.
- Add high-value devices to your cart. Add multiple expensive devices to your shopping cart. A good tip is to add several of the latest Samsung Galaxy Fold phones with the highest possible storage capacity. For each device, select "Pay monthly," choose to "Skip trade-in," and then select "Upgrade existing line."
- Initiate the checkout process. Go to your cart page and select "Check out." A pop-up will appear with the message, "Payments adjusted based on our financing offer." You can close this pop-up. The system will then show the required down payments for each device based on your credit eligibility.
- Calculate the usable EIP limit. The difference between the total full retail price of all devices and the total amount due today will give you an approximate value for your usable EIP limit. This amount due today should not include the $35 Device Connection Charge or taxes.
The formula is as follows:
(Sum of the full retail price of all devices) - (Sum of each "Due Today" amount, excluding the $35 Device Connection Charges and taxes) = Your estimated usable EIP limit
Let's say you add two phones to your cart, each with a full retail price of $2,119.99.
- Total retail price: 2 x $2,119.99 = $4,239.98
After proceeding to checkout, the "Due today" section shows the following:
- Due Today for Phone 1: $1,000
- Due Today for Phone 2: $1,000
To calculate your usable EIP limit, you would subtract the total down payments from the total retail price:
- Total down payments: ($1,000 + $1,000) = $2,000
Your estimated usable EIP limit would be:
$4,239.98 (Total Retail Price) - $2,000 (Down Payments) = $2,239.98
Keep in mind that this method provides an estimate, as recent purchases or pre-orders might not be reflecting yet in the total.