Personal Loan Agreement

A written loan agreement for lending between individuals — family, friends or private parties — that records the amount, interest, repayment schedule and what happens on default.

What’s Included

Lender and borrower details, principal and interest, a repayment schedule, prepayment and default clauses, and signature blocks. Pair it with our Loan Payment Calculator to set the schedule.

Important

This is a general-purpose template written in plain English, not an official government form. Requirements vary by state and country — review it, adapt it to your situation, and have a qualified professional check it before relying on it for anything significant.