The tutorial shows how to build an amortization schedule in Excel to detail periodic payments on an amortizing loan or mortgage. 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 finance video tutorial explains how to create an amortization table in excel. This spreadsheet creates an amortization schedule for a fixed-rate loan, with optional extra payments. The amortization schedule shows you the education loan EMIs that you have already paid off. You will also gain an idea of the principal outstanding on the loan. Use ICICI Bank's education loan calculator to calculate your student loan EMIs and study loan payments. EMIs are made up of the principal and the interest portions. It is the whole amount that you pay every month till you repay the full loan.