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Hello there, @phillimitone.
Thanks for visiting the Community. To categorize and split a loan payment, you can click the transaction to expand the view if the payment is automatically downloaded in your bank feed. Here's how:
If this is a manual expense, the easiest way to split these transactions is to create a separate line item for each part of the transaction you'd like to see. Here's how:
Here's an article for your future reference: How to set and use banking rules for downloaded transactions. It will help you set up rules to speed up your review tasks.
Let me know if you have additional questions. We're always delighted to help.