For a limited time, Sprint is offering the opportunity to lease the iPhone 7 at only $7/month. This offer is available on iPhone 7 32 GB, and iPhone 7 Plus 32 GB. With purchase of the iPhone 7 32 GB, you will receive a credit of $11.75/month so that the monthly installment become $7/month. If you purchase the iPhone 7 Plus 32 GB, they will send in a credit of $16.75/month into your account. The credits will enter into your account within 2 billing cycles. You must sign up a Wi-Fi plan with at least 18 months term when you purchase the phone. The remaining balance is due when you cancel the plan early.