1. Download the amortization schedule from Microsoft. 2. Open the template in Excel. 3.I want to look at the equals PMT formula and Excel today to show how a loan payment comes out and then show you how the loan amortization schedule work. Fill in the "Period" column. Fill in the column titled "Period" with your payment dates. In this video we're going to talk about how to create an amortization schedule. The tutorial shows how to build an amortization schedule in Excel to detail periodic payments on an amortizing loan or mortgage. Use these calculator templates to help you navigate your loans, budgets, net worth, and more. Anytime a commission question pops up on a specific deal or paycheck, a gatekeeper to the spreadsheet awaits. These calculator templates can help you with your mortgage, loans, budgeting, and more.