What happens after the expiration of a subscription for Office 365?

[Valeri Mazdrashki]

My subscription expires soon and I don't know whether to renew it. Can I still create documents with the programs included in the package or not?

 

[Chintan Gohel]

My subscription expires soon and I don't know whether to renew it. Can I still create documents with the programs included in the package or not?

the programs you installed on your pc will be in read only mode, meaning you cannot create nor edit documents.
your onedrive storage will drop from 1TB to 5GB