Create automatic loan amortization schedule table with PMT, IPMT, PPMT formulas in Microsoft Excel The tutorial shows how to build an amortization schedule in Excel to detail periodic payments on an amortizing loan or mortgage.Have a loan you want to pay off? Try this amortization schedule Excel template to calculate your payments and track your payoff progress. Again super quick, hope this helps. A little formula creation trouble and how to figure out some logic to fix your formulas and custom number formatting. This video shows how to create an amortization or loan schedule that also so cumulative amounts of payments, interest and pricipal paid. Fill in the column titled "Period" with your payment dates. Input the month and year for the first payment loan within cell A8. I can PM you a link.