Help! How to repay OSAP, in one shot from your saving/investment or slowly?
Which is better in long term, using 36,000 in her investment and return money to OSAP in one shot or keep her investment and slowly return to OSAP as she still earns from 6%-3.45%=2.55%??? How do you calculate this? If she returns in one shot, she can start building new savings right away from her employment(it can be like $400/month). Can anybody figure out which is better in 2 scenario with actual figure?? She has to start returning money to OSAP from Feb or March 2022. What about tax implication? Is it better to return slowly as you get better deal in tax(I don't know enough about it)? Or OSAP's interest may go up and her investment can go down, so it is better to return in one shot???
Any info is appreciated.