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“This version was a complete rewrite from the ground up, with two goals in mind; more fetures, better interface. The feature list for Mortgage Minder 3.0 include, support for variable interest rates, Canadian mortgage calculations, ability to add any additional principal amounts, better printing capabilities, a new payment / rate matrix, and a new "Payoof Date" wizard to help you calculate how much additional principal to add each month to pay off your mortgage by a certain date. Adding extra principal amounts to your monthly payment can significantly reduce the term of your mortgage and the amount of interest you pay. You can use Mortgage Minder 3.0 to show you exactly how much you will save, to the penney! You can add a single extra payment one month or instruct Mortgage Minder 3.0 to insert a fixed amount every month, or every so many months for the entire term of the loan. Mortgage Minder 3.0 does these calculations with ease, and quickly updates, helping you decide what payment stratagy works best for your situation.”
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