The tutorial shows how to build an amortization schedule in Excel to detail periodic payments on an amortizing loan or mortgage. This finance video tutorial explains how to create an amortization table in excel.Loan period in years, 1, Actual number of payments, 10. Fundwave makes it possible for investors to plugin variables such as principal, interest rates, moratorium periods, etc to set up an amortization schedule. This spreadsheet creates an amortization schedule for a fixed-rate loan, with optional extra payments. I have 6 months payment holiday at the start of the 2 year loan. I need to adjust the formulas to account for this 6 month holiday.