Amortization Schedule Excel Template
Track loan payments and visualize interest vs. principal with our free template
Download Template
Get instant access to our professional amortization schedule template
Access TemplateAvailable in Google Sheets format. Can be exported to Excel.
Track Your Loan Payments
Monitor your loan repayment schedule with our comprehensive amortization template. Track payment breakdowns and visualize your loan payoff progress.
Input Fields
Enter your loan details:
- Loan Amount: Total borrowed amount
- Interest Rate: Annual rate as decimal (e.g., 0.05 for 5%)
- Start Date: When loan payments begin
- Payment Amount: Fixed monthly payment
Payment Period
Lists each payment period chronologically, helping you track the progression of your loan repayment schedule.
Payment Date
Automatically calculates the due date for each payment period based on your loan start date.
Beginning Balance
Shows the outstanding loan balance at the start of each payment period before the monthly payment is applied.
Scheduled Payment
The fixed monthly payment amount that you'll pay throughout the loan term.
Interest Payment
Automatically calculates how much of your payment goes toward interest, based on the current balance and interest rate.
Principal Payment
Shows how much of your payment goes toward reducing the loan balance after the interest portion is paid.
Ending Balance
Displays the remaining loan balance after each payment is applied, showing your progress toward paying off the loan.
Benefits of Using Our Template
- Automatic payment scheduling
- Interest vs. principal tracking
- Visual loan payoff progress
- Easy payment breakdown