This finance video tutorial explains how to create an amortization table in excel. This spreadsheet-based calculator creates an amortization schedule for a fixed-rate loan, with optional extra payments.Looking for a flexible free downloadable mortgage calculator built in Excel? Try this free feature-rich mortgage calculator today! In this video we're going to learn how to amortise different types of financing Arrangements which is practice for your Excel project. Download free Excel amortization schedule templates for a variety of loan types and keep track of all loan payments made over time.