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this is how to create a loan amortization schedule in Excel calculate the payment using the PMT formula the first input is rate which is your APR divided by 12. the number of periods is equal to the number of years of the loan times 12 assuming you have monthly payments and the present value is equal to the total amount of the loan next you need to start filling out your amortization table starting with the number of periods an easy way to populate the number of periods is to use the sequence formula you want 361 rows you want to start at zero and you want to step by one and that populates all 360 periods of your amortization table quickly interest is calculated as the loan balance times the APR divided by 12 in principle is the difference between your payment calculation and interest and Loan balance is equal to the previous monthamp;#39;s loan balance minus the principal check out a link to the full video in the description to see how I tie all this together and end up with a zero d