Update: The terms of sale have leaked via a PDF that while dated for November 17th pretty much details the process by which you buy this phone. Read here.

This is the moment you’ve all been waiting for! The guys over at Gizmodo have got their paws on what seems to be an internal Google document revealing pricing for the HTC Nexus One, both subsidized and unsubsidized. Getting right to the point, the Nexus One will be $530 unsubsidized and $180 subsidized with a new 2-year contract with T-Mobile. Here are some details to take note of:

-$530 Unsubsidized price tag

-$180 Subsidized (new 2-year contract)

If you want the phone at the $180 subsidized price there is a catch. There’s only one rate plan: $39.99 Even More 500 mins + Text + Web for $79.99 (umm…What if I want unlimited minutes?). According to Gizmodo’s Tipster, existing customers cannot keep their plan if they want a subsidized phone; they have to change to the one plan, and this only applies to accounts with one single line. Family plans, Flexpay, SmartAccess and KidConnect subscribers must buy the phone unlocked and unsubsidized for $530. Also you can only buy five Nexus One phones per Google account. Google will sell the handset at www.google.com/phone.

And if you cancel your plan before 120 days, you have to pay the subsidy difference between what you paid and the unsubsidized price, so $350 in this case. Or you can return the phone to Google. You also authorize them to charge this directly to your credit card.

Google’s set up some pretty tight requirements. Seriously though, what is up with only being able to get the Nexus One subsidized at that one price plan? 500 mins, I go through that in less than 2 weeks. I really hope Google makes some last minute changes to their requirements.

How’s the pricing looking? Leave your thoughts in the comments.

Gizmodo

Thanks to EVERYONE who sent this in via email and the @TmoNews twitter account!