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**Amortization Calculator Excel** is a mortgage calculator to calculate your monthly payment. The amortization schedule & table is downloadable as an excel and pdf file. Simply enter the loan amount, terms, interest rate to get started. The loan calculator excel has the option to
show the amortization schedule in monthly or yearly form, and choose any start date for your loan.

**Amortization Schedule Excel** is able to export the mortgage and payment summary as well as the amortization schedule in xlsx, xls, csv, txt.
To get a printable amortization schedule, please use the Amortization Schedule.
This mortgage calculator excel is useful for basic mortgage calculations.
If you need advanced features such as PMI, tax and insurance, use the PITI mortgage calculator.

Following are the terms for the amortization calculator.

**Loan Amount** - The loan amount that you approved for.

**Loan Terms** - The term of the loan in years.

**Interest Rate** - The fixed interest rate for your loan.

**First Payment Date** - The first payment date, it can be a date in the past or the future.

**Amortization Schedule** - Show the amortization schedule by month or year.

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