This finance video tutorial explains how to create an amortization table in excel. The tutorial shows how to build an amortization schedule in Excel to detail periodic payments on an amortizing loan or mortgage.Loan amortization schedule. 3. 4, Enter values, Loan summary. Loan Amortization Schedule outlines the interest and principal payments owed on a mortgage, including the outstanding balance. Create automatic loan amortization schedule table with PMT, IPMT, PPMT formulas in Microsoft Excel To reach the formula for compound interest, you algebraically rearrange the formula for CAGR. This Microsoft Excel template illustrates how to create a loan amortization schedule, as well as dealing with additional payments and variable interest rates. This example teaches you how to create a loan amortization schedule in Excel. 1. We use the PMT function to calculate the monthly payment on a loan.