After years of speculation (not to mention some impatience from customers), T-Mobile USA officially announced during their “Uncarrier” event that beginning April 12, the Apple iPhone will be available on their network. This now means that every major United States cellular carrier will now feature the most popular smartphone on the market.

The announcement finally gives a set date for people who figured this day might never come. To help win people over when it comes to purchasing the iPhone through them, T-Mobile USA has also launched a unique payment plan for people to utilize.

A person looking to purchase a new 16 GB Apple iPhone 5 will only have to pay $100 down, and then $20 each month for the next 24 months. While that might seem eye-popping when presented that way, T-Mobile USA is quick to point out that the standard procedure is to charge $199 up front, and then hide the subsidy payment within cell phone contract for the full two years. Customers who don’t upgrade their phone after two years will still pay that subsidy as well.

It is a bold move for T-Mobile USA, but it is something they are forced to do since they are late to the game with the Apple partnership. Their base rate of $50 per month for unlimited talk, text and 3G data will definitely catch the eye of people who are looking to reduce their monthly bill. The fact that they will also do away with any contracts is a step in the right direction in the eyes of many consumers.

Customers can add up to 2GB of 4G data for $10 per month per line, or $20 per month for unlimited 4G. Additional lines will have a base rate of $30 per month for the first, and $10/month for each additional line after that.

Those wishing to preorder the T-Mobile USA iPhone can begin doing so on April 5th.