Yes, if you have a monthly device payment on your bill each month and you pay off the device early, your monthly bill will be reduced by the monthly amount of your device payment and you would only be paying for service each month on your bill.
Hi, there! Paying off your device can certainly help your monthly bill. To be sure this would be a good step, please tell us, do you have any promotions or monthly credits on your account (associated to the line in question)? BreannaH_VZW