To get started, I would recommend downloading the Simple Amortization Chart template. You can delve deep into the formulas used in my Loan Amortization Schedule template listed above, but you may get lost, because that template has a lot of features and the formulas can be complicated. My article ' Amortization Calculation' explains the basics of how loan amortization works and how an amortization table or 'schedule' is created. Learn how to create a simple amortization chart with this example template.