Primary Inputs

Total Monthly Budget ($)

Your total monthly budget for all debt payments and investments.

Time Horizon

How long you want to run the simulation for.

Repayment Strategy

Priority: Highest interest rate first. Mathematically optimal to minimize total interest paid.

Additional Contribution ($)

Automatically allocates your remaining budget towards the debt strategy.

My Debts

Debt Name

Balance ($)

The current amount you owe on this debt.

APR (%)

The Annual Percentage Rate for this debt.

Minimum Contrib ($)

The minimum monthly payment required for this debt.

Compounding

How often interest is calculated and added to the balance.

Investments

Asset Name

Initial Balance ($)

The starting amount in this investment account.

Exp. Return (%)

The expected annual rate of return for this asset.

Monthly Contrib ($)

The amount you plan to contribute to this asset every month.

Compounding

How often interest is calculated and added to the balance.

Should You Pay Off OSAP or Invest in Index Funds?

Name: Wealth Trajectory
Author: Wealth Trajectory

With OSAP's federal portion currently interest-free, many Canadians are asking if they should maximize their payments or invest in index funds. This tool models your OSAP balance against expected market returns to find the mathematical inflection point.

Wealth Trajectory

Analyzing with Avalanche.

Net Worth

Total Assets

Total Debt

Contributions

Enter Data to Begin Analysis

Create Your Own Trajectory

Frequently Asked Questions

Is OSAP still interest-free?

As of 2024, the federal portion of Canada Student Loans (which makes up the majority of OSAP) is interest-free. The Ontario provincial portion may still carry interest.

What is XEQT and why compare it to OSAP?

XEQT is a popular Canadian All-Equity ETF from iShares. It is often used as a benchmark for long-term investing because it provides low-cost, global diversification.