Starts at $325 and goes down 10 per month for 2 years. 24x10=240 325-240=85. If I upgraded nov 18, it's 95$ if I upgrade after dec 18 it's 0 Whereas in Puerto Rico it decreases by $13.54/month. So by the time you're at month 23 you only owe $13 to terminate. Kinda frustrating since I wanted to upgrade to iPhone 6 in sept but wasn't eligible till 12/18/14. I was out of the country when iphone 5 came out and didn't get it till December. Normally I get each phone in September. If I purchase from Att over the phone they will override my eligibility but I get stuck waiting 28-35 business days for a phone through them. Annoying.