In cell C13, enter a formula that refers to the ending balance in cell F12. Complete the amortization schedule as directed down to F35.Create an amortization schedule for Loan Option 2 in cells C12:F71. All payments are end-of-the-period payments. The first step in preparing an amortization table is to determine the annual loan payment. Creating a loan amortization schedule in Excel involves a few steps to set up the structure and formulas correctly. To enter information in a table. Fourth, calculate the minimum amount between the result in the second and third calculation. Skills necessary to excel in a rapidly changing business environment. 1 For those interested in a basic overview of interest rate swaps, the California Debt and Investment Advisory Commission.