Assumptions in one place
Set principal, fixed annual rate and the number of monthly payments.
Original editable file
Loan amortization
Explore a fixed-rate monthly loan schedule with visible assumptions. Edit principal, annual rate and term in WPS Spreadsheets and review how each payment reduces the balance.
Download WPS OfficeFor Windows · WPS Office app
Original XLSX starter included. Edit in WPS Spreadsheets; advanced feature availability varies by version and platform.
See how it works
An editable starting pointSpreadsheets
Using WPS Office
How to get started
Install WPS Office, then follow these steps in the app. This webpage does not edit or convert your files.
- 1
Enter the loan assumptions
Use a positive principal, annual nominal rate and monthly term.
- 2
Review the payment formula
Check the fixed monthly payment before reading the schedule.
- 3
Compare the final balance
Inspect the last payment and compare with the lender’s actual terms.
About this workflow
Follow each payment from interest to principal
Use WPS Spreadsheets to work on the file, review the details and save the result in a suitable format.
Separate payment components
See interest and principal rather than only a payment total.
A closing balance to inspect
Follow the remaining principal through the schedule.
File formats
XLSXPDF
Edit in WPS Office. Save a copy to share.Original editable file
Download the starter file
Original loan amortization workbook with illustrative data and editing instructions.
This editable sample is in English. Open it in WPS Office and replace the example content with your own. The starter file is separate from the WPS app download.
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Help and information
Frequently asked questions
This page downloads WPS Office. Features vary by platform, version and plan.
Will this exactly match my lender’s statement?
Not necessarily. The example assumes fixed monthly periods and excludes fees, irregular dates, daily accrual and extra payments. Use your lender’s schedule for contractual amounts.
What is included in the loan amortization starter?
An original editable XLSX example with payment, opening balance usd, payment usd, interest usd, principal usd and task instructions. Illustrative fixed-rate monthly model. The supported term is 1–120 months; fees, daily interest and extra payments are excluded.
Where do I edit the workbook?
Download the starter and open it in WPS Spreadsheets. Editing happens in the app; this page does not process or upload your workbook. Save an XLSX copy to keep working, or export a reviewed view as PDF.
What happens when I select the download button?
On Windows or macOS, WPS starts the app download. On Linux, copy the installation command or choose a manual package. On iPhone, iPad, Android or Chromebook, continue to the appropriate app store. This page does not upload, convert or edit your files.
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Original XLSX starter included. Edit in WPS Spreadsheets; advanced feature availability varies by version and platform.