For example, if you purchase an iPhone 14 Plus 128 GB at a retail price of $1,285 and the MSRP is listed at $1,249, your total Device Balance Adjustment will be $36 ($1,285 - $1,249). The Device Balance Adjustment will be reduced by $1.50 equally over 24 months ($36/24 months) until the balance reaches $0 at month 24.