If the Loan Term is 10 years and the Amortization is 30 years, is the amortization schedule below set up correctly? Or does the cell highlighted in yellow need to have "10" instead of 30? Also, how is payment or principal and interest affected when the loan terms is shorted than the amoritization?

LOAN AMORITIZATION Annual Debt Service Loan Constant 30 6.81% Annual Interest Rate 5.500% Loan term in years Number of payments per year 12 Loan Amount $3,113,997 Period (Month) Payment Interest Period Payment Interest 1 $17,680.93 $14,272.49 2 $17,680.93 $14,256.86 3 $17,680.93 $14,241.17 4 $17,680.93 $14,225.40 5 $17,680.93 $14,209.57 6 $17,680.93 $14,193.66 7 $17,680.93 $14,177.67 8 $17,680.93 $14,161.62 9 $17,680.93 $14,145.49 10 $17,680.93 $14,129.28 11 $17,680.93 $14,113.00 12 $17,680.93 $14,096.65 13 $17,680.93 $14,080.22 14 $17,680.93 $14,063.72 15 $17,680.93 $14,047.14 16 $17,680.93 $14,030.49 17 $17,680.93 $14,013.75 18 $17,680.93 $13,996.95 19 $17,680.93 $13,980.06 20 $17,680.93 $13,963.10 21 $17,680.93 $13,946.06 Principal Principal $3,408.45 $3,424.07 $3,439.76 $3,455.53 $3,471.37 $3,487.28 $3,503.26 $3,519.32 $3,535.45 $3,551.65 $3,567.93 $3,584.28 $3,600.71 $3,617.21 $3,633.79 $3,650.45 $3,667.18 $3,683.99 $3,700.87 $3,717.83 $3,734.87 Balance Balance $3,117,405.35 $3,120,829.41 $3,124,269.18 $3,127,724.70 $3,131,196.07 $3,134,683.34 $3,138,186.60 $3,141,705.92 $3,145,241.36 $3,148,793.01 $3,152,360.94 $3,155,945.22 $3,159,545.93 $3,163,163.15 $3,166,796.94 $3,170,447.38 $3,174,114.56 $3,177,798.55 $3,181,499.42 $3,185,217.25 $3,188,952.12