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Personal Loan Agreement
This loan agreement is made and will be effective on [DD/MM/YYYY]
[BorrowerName]with little introduction of the borrowerwith hisstreet address along with city, state
and zip code
[Lender Name]with little introduction of the borrower with his street address along with city, state and
Terms and Conditions:
Promise to Pay:
Within _______ months from today, Borrower promises to pay the Lender_________________________
dollars ($_______) and interest as well as other charges avowed below.
Although this agreement may be signed below by more than one person, each of the undersigned
understands that they are each as individuals responsible and jointly and severally liable for paying back
the full amount.
Detailsof Loan:Agreed Between Borrower and Lender:
Amount of Loan:$__________
Total of payments:$__________
ANNUAL PERCENTAGE RATE________________%
Borrower will pay back in the following manner: Borrower will repay the amount of this note in _____equal
continuous monthly installments of $____________ each on the _____ day of each month preliminary on
the _____dayof _______, 20____, and ending on _________, 20____.
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