Normally one creates a Loan Account--this is a liability and its balance
reflects the current balance on the loan) and uses Loan Payment special
category transactions to pay the loan. A Loan Payment is a special hybrid of
Transfer (the principal--reduces the balance of the loan liability account)
and a calculated interest expense component. The calculations of Loan
Payment are based on data you supply when defining the Loan Account--things
like term interest rate, initial balance, etc.

Look up Loan in help. See how afar you get. Come back here with more
questions.

"Ivan Debono" <ivanmdeb[at]hotmail.com> wrote in message
news:OLN9KAtaHHA.4856[at]TK2MSFTNGP03.phx.gbl...
- quote -

Hi,

If I take a house loan of, say, $200k, what kind of transactions do I need
to make so that I can see the payments that I make and how much is left to
pay?

Thanks,
Ivan