This information is important so you can easily analyze your payments and plan your financial situation against your scheduled mortgage payments. It also shows the Beginning Balance of your Mortgage, as well as the Cumulative Principal, Cumulative Interest, and Ending Balance. Through the Biweekly Mortgage Payment Amortization Template for Excel, you can know how much of your biweekly payments go to the principal and how much goes to the interest. It is professionally designed to show you your mortgage payment amortization schedule and how your payments affect your principal and interest. This is available for Excel 2003 or later versions. This Mortgage Payment Amortization Template is a template designed by Microsoft partner TemplateZone by KMT Software. The Biweekly Mortgage Payment Amortization Template for Excel is a wonderful tool for keeping track of your payments and to also see how long it will take you to pay off your loan, as well as the interest you need to pay.