Recording loan repayments
A loan payment is part transfer, part expense. Loan Repayment is the type that tells the truth about both parts.
Transfer or expense? Neither
The most asked question about loan payments has a precise answer: the principal part is your own money moving (it reduces what you owe, like a transfer to the loan), and the interest part is genuinely spent (it goes to the lender, like an expense). Record the whole payment as either one and half the story is wrong. The Loan Repayment type records both: principal reduces the loan balance, interest lands in an expense category, and any extras like escrow or insurance land in theirs.
Recording one
Choose the Loan Repayment type in the transaction dialog, enter the total payment, and pick the Loan Account. If the loan has an interest rate set, Endute calculates the interest portion from the current balance and pre-fills Interest Paid, always editable; without a rate you type the interest from your statement. The Interest Category decides where the interest counts in budgets and reports. Two extras round it out: Overpayment (all principal) for extra payments with no interest, and an Add escrow, insurance or fees option for the recurring non-interest parts, which pre-fill automatically when configured on the loan account itself.
The dialog also warns about the interesting edges: a payment smaller than the interest due (negative amortisation), and a payment large enough to close the loan, where the principal is capped at the payoff.
What gets created
A saved loan repayment is a managed bundle: the payment on your source account, split internally into interest and extras, plus a principal entry on the loan account that Endute creates and maintains for you. The pieces always sum to the payment, which is why they cannot be edited or deleted individually; change the loan repayment itself and the bundle follows. Endute will say exactly that if you try.
The double-count trap
If you already recorded it as a transfer
A transfer to a loan account moves the balance but loses the interest, which is why the transfer dialog nudges you toward Loan Repayment when a loan is the destination. To fix an existing one, delete the transfer and record the payment as a Loan Repayment, or edit the imported row's type if it came from your bank.
What next
With rates and payment extras set on the loan account itself, covered in the accounts guide, each repayment becomes a two-click confirmation, and the Debt guides show what all that structure buys: a payoff date you can plan around.