Personal Loan Agreement
This loan agreement is made and will be effective on [DD/MM/YYYY]
BETWEEN
[Borrower Name) with little introduction of the borrower with his street address along with city, state and zip code
AND
[Lender Name] with little introduction of the borrower with his street address along with city, state and zip code
Terms and Conditions:
Promise to Pay:
Within dollars ($_
_months from today, Borrower promises to pay the Lender
) and interest as well as other charges avowed below.
Liability:
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.
Details of Loan: Agreed Between Borrower and Lender:
of
Amount Other Amount Finance Total ANNUAL PERCENTAGE RATE
Loan: $ (Describe) $_ financed: $
charge: $
of
payments:
Repayment of Loan:
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 day of 20and ending on Prepayment of Loan:
-20_