Thanks for reaching out to the Community, Peter Vaughn.
To set up a loan in QuickBooks, you'll initially need to create an account for it. After doing so, you can create a check for each loan payment. The payments will need to be recorded into the account you created for your loan. Interest payments will need to be recorded to an expense account.
If you need further help identifying how you should go about entering a payment for a home equity loan, I'd recommend working with an accounting professional. If you're in need of one, there's an awesome tool on our website called Find a ProAdvisor. All ProAdvisors listed there are QuickBooks-certified and able to provide helpful insights for driving your business's success.
I've also included a couple detailed resources about working with loan payments which may come in handy moving forward:
Please don't hesitate to send a reply if there's any additional questions. Have a great Thursday!
