How do I write a simple loan agreement?

What Should Be Included in a Personal Loan Agreement? Identification. Those involved in the contract should share their full names and addresses. Date. Loan amount. Collateral. Interest rate. Repayment schedule. Penalties. Jurisdiction.

How do I arrange a loan between family members?

You should first verbally discuss and agree on the terms of the loan and make sure both parties 100% agree on them. These include the loan amount, interest rate (if any) and repayment schedule, among other conditions, such as any late payment fees. For smaller sums, an informal written agreement is probably enough.

How do I create a loan agreement?

To draft a Loan Agreement, you should include the following: The addresses and contact information of all parties involved. The conditions of use of the loan (what the money can be used for) Any repayment options. The payment schedule. The interest rates. The length of the term. Any collateral. The cancellation policy.

How to write a loan agreement between family members?

How to make a family loan agreement The amount borrowed and how it will be used. Repayment terms, including payment amounts, frequency and when the loan will be repaid in full. The loan's interest rate. If the loan can be repaid early without penalty, and how much interest will be saved by early repayment.

How to write a loan agreement between families?

How to make a family loan agreement The amount borrowed and how it will be used. Repayment terms, including payment amounts, frequency and when the loan will be repaid in full. The loan's interest rate. If the loan can be repaid early without penalty, and how much interest will be saved by early repayment.

Does a loan agreement need to be notarized?

Do you need to notarize a Loan Agreement? First and foremost, understand that personal loan agreements fall into the classification of contracts. Technically, you don't have to notarize these documents. But if you want to make this document legally binding, then notarization is the best course of action.

How to make a loan to a family member legal?

The IRS mandates that any loan between family members be made with a signed written agreement, a fixed repayment schedule, and a minimum interest rate. (The IRS publishes Applicable Federal Rates (AFRs) monthly.)

Can I write a loan agreement?

A private loan agreement can be made in writing or verbally. A written loan agreement is a contract between the person lending the money and the person borrowing the money. A written loan agreement should include details of: the full names and addresses of the parties.

Home
Functionality index

Secure legal documents with Inal Loan Agreement Template generator tool

Drop document here to upload

Up to 100 MB for PDF and up to 25 MB for DOC, DOCX, RTF, PPT, PPTX, JPEG, PNG, JFIF, XLS, XLSX or TXT

Based on 12500+ reviews

Last updated on Dec 30, 2025

Document creation is just the beginning

Learn more about security

Create and edit documents with a trusted solution

Try easy-to-use tools for all your document management needs.

Upload your document

pdfFiller scores top ratings on review platforms

I being a novice at computer have been struggling to keep up with my business correspondence from my end....this has been a God-send. I just stumbled on this by accident. Thank you.

Mark B Y

I absolutely LOVE this program. However, I hate the pop-ups with the NEXT button. This isn't a feature that I need, and is very annoying. Please add an option to turn off this feature.

Anonymous Customer

What do you like best?
I love transforming all of my PDF files into editable documents . I also enjoy the digital signature feature for authentication and business purposes.
What do you dislike?
There is nothing that I dislike about this product.
What problems are you solving with the product? What benefits have you realized?
Able to transform difficult to edit documents into usable forms on a frequent basis. Love the compatibility with all platforms including social media!

User in Education Management

The site was a little bit slow The site was a little bit slow, but it had tons of useful features, and I found the user interface much more intuitive than Adobe reader. I'd recommend it to anyone.

Jason

I really like this program as it is… I really like this program as it is very user friendly. It makes the required pdf tasks including adding signatures simple, quick and easy to complete. I recommend it to everyone! It is truly fantastic.

Thekima Mayasa

Creating forms has never been easy Extremely handy tool to create forms and collect data from clients Very important tool for creating fillable PDF forms. Includes features like highlighting, drawing and also option to place images and logos. Advanced features need more effort from user to understand. Ability to download form on local drive and re-upload for convenience.

Vinayak S.

Show more Show less

Watch pdfFiller eSignatures in action

Check out a quick video tutorial that shows how to create and place your signature or send a document for signing.

Related features

List of extra features

FAQs

If you can't find what you're looking for, please contact us anytime!

Contact Support

Create and edit documents with a trusted solution

Try easy-to-use tools for all your document management needs.

Upload your document

Secure legal documents with Inal Loan Agreement Template generator tool

Document creation is just the beginning

Create and edit documents with a trusted solution

pdfFiller scores top ratings on review platforms

Watch pdfFiller eSignatures in action

Related features

Related searches

List of extra features

FAQs

Create and edit documents with a trusted solution