If I buy unsubsidized...

[CGillFrogman]

Will I still have to pay a security deposit?

 

[maddux2005]

If you require a deposit then yes, you'd still have to pay it.

 

[maddux2005]

But for instance if your deposit was $500, and you bought the phone for the 200 price. That's a total of 700$.

If you bought it outright, that's 600. Let's just pretend you wouldn't have to pay that deposit. So now you've spent 600 total. Only 100 less then the first option. But in this case your out 600 bucks.

In the first case, you get that $500 bucks back with 2% interest in exactly 1 year. So you could buy iPhone 5 with it. Or take a vacation.

It works out best reguardless to just take the cheaper phone price and pay the deposit.