The tutorial shows how to build an amortization schedule in Excel to detail periodic payments on an amortizing loan or mortgage. Note: this spreadsheet is for educational purposes only.5, A fixed principal loan results in declining payments over the loan period. CHA in accordance with the Schedule included in the Task Order. Your degree is possible at Franklin. Explore an accredited nonprofit university that's served the education needs of busy working adults since 1902. â–« Debt service pattern such as equal payments or equal principal amortization,. LCEF is properly licensed or exempt from such requirements in the states where loans are purchased or offered to LCMS rostered church workers.