The tutorial shows how to build an amortization schedule in Excel to detail periodic payments on an amortizing loan or mortgage. This finance video tutorial explains how to create an amortization table in excel.Loan period in years, 1, Actual number of payments, 10. Loan Period in Years, Actual Number of Payments. 9, Number of Payments Per Year, Total Early Payments. This spreadsheet creates an amortization schedule for a fixed-rate loan, with optional extra payments. Agreement) in effect from time to time.