The speaker begins by describing love as something that lives in one particular part of themselves: the hopeful, soft, quiet part of the soul. That part seems separate from the rest of them, almost like a gentle presence they are observing as much as feeling. They admit it is not a perfect kind of love. It loves "too much" and sometimes "not enough in the right ways," which suggests some self-doubt about how they show affection.
In the second stanza, the feeling becomes more concrete. The speaker names three people they love, a girl and two boys, and says they keep them close to their heart. The ending is the emotional center: even if those three didn't love them back, the speaker would still love them. The repetition of "I still would" and "I would still love them" makes it sound like a quiet promise. The mood is tender, vulnerable, and sincere, with a slight ache underneath, since the speaker is imagining love that might never be returned.