Can i buy a new iphone if contract isn't up yet?

I have the iphone 5 32 gb. If i wanted to buy another iphone in the 64 gb model, would i just buy another phone and pay for it normally under the same contract or am i not allowed because of the contract i have now

Added (1). if it makes any difference my contract ends next October if i'm not mistaken

You will need to pay off your current balance (owing for current iPHONE)

Then you will need to sign up for a new iPhone just like you did for this one.

At this point, I highly recommend that you put your currently iPhone up for sale on Ebay. You'll end up getting a good portion back to pay off your balance. You should be able to get between 575$-600$. Generally more than enough to pay off 90% of your balance. You might have a few dollars left over because you've already paid part of your balance off.

You'll need to buy the new phone at full price, but it will be under the same contract.