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In this tutorial, the presenter explains how to build an amortization table in Excel. They start with a loan amount of $100,000 and set the loan term to 30 years, translating to 360 monthly periods. The interest rate is specified at 13%, which is adjusted to a monthly rate by dividing by 12. To calculate the monthly payment, the presenter uses Excel's PMT function, inputting the monthly rate, the number of periods (360), and the present value of the loan ($100,000). A negative sign is added to ensure the payment value is positive, with a zero for future value. The tutorial aims to guide viewers through the process of creating an amortization schedule.
