Download a Loan Amortization Table spreadsheet for Excel to create your own amortization schedule, table, or calculator. Free amortization spreadsheet.The tutorial shows how to build an amortization schedule in Excel to detail periodic payments on an amortizing loan or mortgage. Free template with formulas. Amortization Schedule Calculator — Excel Template. This finance video tutorial explains how to create an amortization table in excel. Calculate your mortgage payments based on how much you borrow, your interest rate, mortgage term and payment schedule.