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The tutorial explains how to create a personal loan agreement using DocHub PDF. It begins by selecting the format, with DocHub PDF recommended for its ease of use. The user is instructed to fill out the form by clicking on blanks. Key components include entering the agreement date, identifying the borrower (Johnny Appleseed) with his address, and specifying the lender (Nancy Appleseed), who resides at the same address. The terms of the loan are set: the borrower promises to repay the lender $10,000 within one year. The tutorial guides users through entering these details into the fillable form for a complete loan agreement.