Finance

Promissory note template

Put a loan between two people in writing with clear repayment terms.

Opens a fillable version in your browser. Free, no account, nothing uploaded.

Fields in this form

  • Date
  • Lender name and address
  • Borrower name and address
  • Loan amount
  • Interest rate
  • Repayment schedule
  • Final due date
  • Late payment terms
  • Borrower signature
  • Lender signature

About the promissory note

A promissory note is a written promise from a borrower to repay money to a lender. It records the amount, the repayment terms, and any interest the parties agree to.

This fillable template gives you a clear layout to complete on screen and download as a PDF that both sides can sign and keep.

When you need it

  • You lend money to a friend or family member.
  • A private loan needs terms both sides can point to.
  • You want a record of who owes what and when it is due.

Frequently asked questions

Is a promissory note legally binding?

A signed note is generally a record that a borrower agreed to repay a loan on set terms. For large or complex loans, get advice. This template is a convenience, not legal advice.

What is the difference between a promissory note and a loan agreement?

A promissory note is usually simpler and focuses on the borrower promise to repay. A loan agreement tends to be longer and covers more conditions.

Do I have to charge interest?

No. You can set the interest rate to zero, but write down whatever you and the other party agree to.