Quicken Mac FAQ: How to set up a mortgage/loan (in QM2015/2016)?
Essentially these are the steps:
- create your loan (liability) account
- create (or find) a category to track the interest portion of the loan
- create a repeating payment (Bill Reminder aka scheduled transaction) in your payment account which includes a transfer from your payment account to your loan account and breaks down on separate lines the principle and interest portions
- when each payment is applied, adjust the principle and interest portions
Also, I suggest you add your vote for this feature here: https://community.quicken.com/discussion/7287182/loan-amortization-in-quicken-for-mac-333-legacy-vote to help guide the priorities of the developers.
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(Canadian user since '92, STILL using QM2007)