Free Downloadable Loan Agreement

Posted By admin On 01/08/21
  1. Blank Loan Agreement Form Free
  2. Free Template Loan Agreement Uk
  3. Free Family Loan Agreement Template
  4. Free Downloadable Loan Agreement
  5. Free Template Loan Agreement South Africa

A payment Agreement is also known as a promissory note and it is usually used to set the terms of a loan along with the terms and conditions pertaining to the repayment of the loan. It is used by lender as well as borrowers. Loan Form We provide free and printable Loan Form for you to download. In finance, a loan is a debt provided by one entity (organization or individual) to another entity at an interest rate, and evidenced by a note which specifies, among other things, the principal amount, interest rate, and date of repayment. The loan agreement is sometimes referred to as: A business loan agreement especially when the borrowed money is supplementing or starting a business. A loan contract: This is when other parties including the employer if the borrower is involved in paying the loan. The contract lasts for a specified period of time. Promise to Pay or Promissory.

What Is A Loan Agreement?


Dell e190sb monitor.


A Loan Agreement is a legally binding contract that helps in defining the terms of the loan and protects both the lender and the borrower. A loan agreement will help set the terms in stone and protect the lender if the borrower defaults while it helps the borrower follow the agreement terms such as interest rate and the repayment period.

Blank Loan Agreement Form Free

Most loans, often personal loans are often done on a verbal understanding. This puts the lender at risk and many have often experienced the drawbacks of this. This highlights the importance of having a loan agreement handy and involving in the lending process. Not only is a loan contract legally binding but it also safeguards the lender’s money during the loan repayment period.

What Does A Loan Agreement Consist?

Just like any legally binding contract, a loan agreement has certain terminologies that are sprinkled throughout the contract. These terms have their own purpose in the loan agreement and hence it is important to understand the meaning behind these terms while drafting or using a loan agreement.

Contact information

A loan agreement has the name and contact information of the borrower and lender.

Repayment options

While drafting the loan agreement, you have to decide on how you want the loan to be repaid. This includes the repayment date of the loan along with the payment method. You can choose between monthly installments or a lump sum amount.


With every loan, comes the interest. When it comes to a personal loan, if you don’t want any interest, the same has to be mentioned in the loan agreement. If you do want an interest then you need to mention how you want the interest to be paid and if pre-payment of the loan will come with any interest incentive or not.

Late fees and consequences of defaulting

Defaulting on a loan is a very real scenario, so is paying it back on a date later than the one that’s agreed upon. For this, you need to decide upon the agreeable ‘late payment’ date and the fees that come with it. In the case of a loan default, you need to define the consequences, such as ownership transfer of the collateral or whatever is mutually agreed upon.

Free downloadable loan agreement


Collateral is the borrower’s asset that they use to secure a loan from you. The loan agreement has to mention the item that is being used as collateral, this typically includes any real estate, vehicles or jewelry.


For those who don’t have a good credit history or if you don’t trust them with your money as they have a higher risk of default, a cosigner is brought into the loan agreement. A cosigner agrees to take over the loan payment if the borrower defaults.

Free Template Loan Agreement Uk

Free Loan Agreement Template

For your Loan Agreement you can use download this free, print-ready template in Word (docs) or PDF.

Download Loan Agreement Template in Word (doc)

Download Loan Agreement Template in PDF

Create Document

Personal Loan Agreement Forms are used for having transactions in between a borrower and a lender. In the treaty, the borrower should state his character, capabilities in paying the loan, and most importantly, a property for his collateral. The lender, on the other hand, determines whether the borrower can fulfill his promises in paying the debt on time. This agreement should be printed and signed by both the lender and the borrower. Loans which are served in an oral contract are mostly unsuccessful in having the borrower be obligated to pay the amount of cash he borrowed.


Scan through our site and view the sample forms we have prepared for you.

Free Personal Loan Agreement Form

Personal Property Loan Agreement Form

Personal Auto Loan Agreement Form

Free Family Loan Agreement Template

Personal Loan Agreement Sample Form

Benefits to Having Personal Loan Agreement Forms

Agreements are documents with details, terms, and conditions agreed to and signed by two parties. It is important to have Personal Loan Agreement Forms since these are formal documents that evidence the loan. If you are a serious person in lending people amounts of money and want to make sure that they will pay before their due date comes, you should acquire an agreement. One main benefit with presenting this agreement form is that the borrower will know the legalities of the lender’s loan and will be prompted to pay on time.

Quick Tips to Consider in Making Personal Loan Agreement Forms

  • The date should be on top of the page. If you are the lender in a Loan Agreement Form, you may put a blank space for you to write the date as soon as you delivered the money to the borrower.
  • Specify the terms of the loan. State the amount of money borrowed, the purpose of the borrower and the amount the borrower will pay per day as initial payment.
  • Set a duration. A loan can’t wait to be repaid indefinitely, right? So set a time frame as to when the due date will be. Include in your terms and conditions the additional interest per day after the due date of the loan.
  • Sign and record the document. Let your borrower sign with his name below with the date beside it to ensure accuracy.

Personal Car Loan Agreement Form

Personal Loan Payment Agreement Form

Personal Loan Agreement Form Example

Printable Personal Loan Agreement Form

Free template loan agreement uk

Personal Loan Agreement Form in Word format

Five Vital Parts of a Loan Agreement Form

  • The Statement – This is where the terms of repayment, interests, and the details of the borrower will be indicated.
  • Collateral – This refers to the borrower’s property which he pledges in case he cannot pay the loan. This could be a car, a house, or anything else that has an equivalent amount to the money borrowed.
  • The Covenants – These are statements that forbid the borrower to take certain actions; may also serve as the terms and conditions of the loan.
  • The Borrower’s Guarantees – These are the people who are willing to assume the obligation of the borrower if he can no longer pay the debt. Most of the guarantors are close relatives of the borrower to which he gives his full trust that this person will be behind his back to help him when he is in need.
  • Events of Default – This includes the failure to pay the amount for a regular basis and the sanctions associated with it. The borrower should read this important portion so he will be aware of the possible punishments he will face if the debt is unpaid.

Free Downloadable Loan Agreement

Our website contains tons of sample forms for various purposes. We also have Personal Agreement Forms which are available for download.

Free Template Loan Agreement South Africa

Related Posts