Download WSO's free Amortization Schedule model template below! This template allows you to create your own schedule for amortizing items on a financial model. The template is plug-and-play, and you can enter your own numbers or formulas to auto-populate output numbers. The template also includes other tabs for other elements of a financial model.
According to the WSO Dictionary,
"Amortization is paying off an amount owed over time by making planned, incremental payments of principal and interest. "
A screenshot below shows a sneak peak of the template.