Managing Multiple Loans in One Excel SpreadsheetĪn average consumer usually maintains multiple loans in parallel. It has some additional features (like extra repayments or interest compounding options) which are not included in the Multiple Loan Calculator. However, if you are looking for a great calculator for only one loan (or mortgage) then instead of this one we recommend using this: Excel Amortization Schedule Calculator for Loan Repayments. As you know, in most cases people as well as businesses don’t have just one loan. This advanced Excel calculator is designed to simultaneously manage Amortization Schedules for Multiple Loans.