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T-Mobile CEO John Legere has announced on Twitter that the carrier will offer the iPhone 6s for as low as $5 per month. This will be possible through the JUMP! On Demand plan with an iPhone 6 trade in, or as low as $10 per month with an iPhone 5s trade in.
The monthly payment will range between $5 and $15 per month depending on the iPhone 6s model you purchase and the older iPhone model traded in.
If don't want to trade in your iPhone 6 or 6 Plus, T-Mobile has a JUMP! On Demand promotion that offers the 16GB iPhone 6s for $20 per month for 18 months. Furthermore, in order to keep the iPhone, you must pay an additional $164, bringing the total cost to $524, which represents a savings of $125.
Source: Twitter