The tutorial shows how to build an amortization schedule in Excel to detail periodic payments on an amortizing loan or mortgage. This Microsoft Excel template illustrates how to create a loan amortization schedule, as well as dealing with additional payments and variable interest rates.You can create an Excel amortization table with changing interest rates. Here's how you can build it. No depreciation or amortization expenses are allowed. 292, 3), Fill in the annual operating expense amounts for the following line items as appropriate:. Please put your answers in the table format with complete solutions.