This finance video tutorial explains how to create an amortization table in excel. Download a Loan Amortization Table spreadsheet for Excel to create your own amortization schedule, table, or calculator.Free amortization spreadsheet. This Microsoft Excel template illustrates how to create a loan amortization schedule, as well as dealing with additional payments and variable interest rates. The tutorial shows how to build an amortization schedule in Excel to detail periodic payments on an amortizing loan or mortgage. Can I fill out forms in a PDF file?