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Loan Agreement Generator (Personal Loan)

Loan contract between two people: amount, interest, payment schedule, collateral (optional), default and signatures.

Tool inputs stay in your browser · optional AI search sends your query

Good to know: More detailed than a promissory note. If there is collateral (e.g. a car or land), a separate notarized chattel or real estate mortgage may be needed to protect the lender. Lending as a business requires SEC registration. Template only — not legal advice, and using it does not create a lawyer–client relationship. For property, large amounts, employment disputes or court matters, have a lawyer review it before signing.

How to use it (step by step)

  1. 1Fill in the boxes. Leave a box empty if you prefer to write it by hand — it becomes a blank line.
  2. 2Check the preview (on the right, or below on a phone). It updates as you type.
  3. 3Press “Download Word” to edit it in Word / Google Docs, or “Download PDF” for a file ready to print or send. Read every line before signing.
  4. 4Sign it (and have it notarized if the “Good to know” box says so). Bring a valid ID to the notary.

Words to know

Interest
The extra money you pay for borrowing, like a rental fee for using someone else’s money.
Loan / mortgage
Money borrowed and paid back in monthly payments with interest. A mortgage is a loan for a house.
Chargeback / dispute
When a customer asks their bank to reverse a payment. Too many hurt a business.
App signing / keystore
Every app is signed with a private key (kept in a keystore file). Updates must be signed with the same key, so never lose it.

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