Sorry for the late reply! Firstly, for the initial entry, you'll want to debit your bank account to represent the increase in cash. On the other side, credit your Loans Payable account to indicate the loan you've received. When it comes to repayments, debit your Loans Payable account to reduce the loan balance. Simultaneously, credit your bank account to reflect the cash going out for repayment. For interest payments, debit your Interest Expense account and credit your bank account for the cash paid for interest. Also, you can reach out to a specialist for expert advice. Personally, when I need guidance, I contact a Mortgage Broker in Chelmsford. These specialists have the knowledge and experience to provide detailed instructions tailored to your specific situation.