Very Simple Family Loan Agreement Template

Very Simple Family Loan Agreement Template, updated 6/5/24, 2:23 PM

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SIMPLE LOAN AGREEMENT


1. Parties: The undersigned is ______________________, the Borrower,
and the Lender is _______________________________________.

2. Date of Agreement: ______________________________________.

3. Promise
to Pay: Borrower promises
to pay
to Lender
_______________________ dollars ($_______) and interest.

4. Breakdown of Loan: Borrower will Pay
Amount of Loan: $__________
ANNUAL PERCENTAGE RATE____________%

5. Repayment: Borrower will pay back Loan plus interest as possible.


Agreed:







______________________
______________________
Borrower
Lender