Mortgage Accelerator Version 1.5 Released
Oct.30, 2008 in
Mortgage Accelerator Software
This version is just a utility release. It was meant to have more features, but do to a bug fix that we wanted to get out, we released it now. You will notice that their is a new button on the main page that has been turned off. It is part of the new features that will be coming out in a future release.
Bugs:
1. Their is an out of bounds array issue with some debug log file created by the program. This entire block of code was just disabled since it was only used for debugging purposes.
Enhancements:
1. The monthly deposits max value has been increased from $10,000 to $50,000. Monthly Deposits max value is also $50,000.
thanks,
Streamline Your Debt Team
December 13th, 2008 at 7:38 pm
I have ver 1.4 Cant get manual?
How can I t ver 1.5?
December 14th, 2008 at 3:40 pm
You can get Version 1.5 at this link.
http://www.download.com/Streamline-Your-Debt/3000-2057_4-10874626.html?cdlPid=10901278
The user manual button is turned off at this time. We have not finished implementing it. Hopefully soon.
CM
January 4th, 2009 at 3:44 am
Great program. For the future, can you add the option to allow the user to plug in their monthly mortgage payment on the Start Up Wizard, rather than have the program automatically amortize the payment? I am using this to pay off a 5 year balloon payment, and the program only can calculate conventional P&I loans.
January 4th, 2009 at 1:34 pm
Good suggestion. We will look into it and see if we can get it into a future release.
thanks,
CM
May 27th, 2009 at 3:50 am
I downloaded the software, but I am not sure I understand the principals behind it. The payment schedule has me confused because it was only every 3 or so months for around $4000. Don’t I want to make my monthly payments? I am excited by the projection, but I haven’t found any instructions for how to interpret it.
Thanks,
Will
May 28th, 2009 at 1:38 am
You should include your monthly payment in the bills portion of the wizard. You will want to make that payment each month. The $4,000 extra every several months is the money that you will move from your HELOC to you mortgage. This will save you money on your mortgage by paying down principal faster. You can check out the videos on sites like UFirst and others. They explain the entire principal. They cost a fortune, but my software works the same way and will save the same amount of money.