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Jmlovat1's profile

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Tuesday, June 4th, 2019 12:00 PM

Will I get the down payment refunded back to me when I finish paying my iphone?

I had bought the iPhone X initially with a $200 down payment. Im still paying my iphone.. my question is will I get the down payment refunded back to me when I finish paying my iphone? Or is that money lost forever.

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ACE - Expert

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64.7K Messages

5 years ago

No, you don’t get a down payment back. A down payment pays for part of the total cost of the phone. If you buy a $1000 phone and make a down payment of $200, then you owe another $800 so your monthly payments should add up to $800.

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