You can open the Family Loan Agreement Template in multiple formats, including PDF, Word, and Google Docs.
Family Loan Agreement Template Printable | Editable FormSample
[Name of the Lender]
[Lender’s ID]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]
This agreement formalizes the loan of money between family members as of [Loan Date], outlining the terms and conditions of the loan.
The Lender agrees to loan the Borrower an amount of [Loan Amount].
The Borrower agrees to use the loan solely for [Specify Purpose].
The loan will incur an interest rate of [Interest Rate] per annum, calculated monthly.
The Borrower agrees to repay the loan in [Number] installments of [Installment Amount], starting from [First Payment Date].
The Borrower may prepay the loan in whole or in part without penalty, provided they notify the Lender [Timeframe] in advance.
In the event of a default, the Lender may take appropriate action, including recovering the remaining loan balance.
This agreement shall be governed by the laws of [Jurisdiction].
[Signature of the Lender]
[Name of the Lender]
[Signature of the Borrower]
[Name of the Borrower]
[Name of the Lender]
[Lender’s ID]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]
This document establishes the terms of a family loan made on [Loan Date] to support the Borrower.
The total amount loaned is [Loan Amount].
The loan shall be used for [Clearly Specify Purpose].
The loan will bear an interest rate of [Interest Rate] annually.
The Borrower shall repay the loan in [Number] installments of [Installment Amount], with the first payment due on [First Payment Date].
The Borrower can pay back the loan earlier without any additional charges, with prior notification to the Lender [Timeframe].
In case of default, the Lender reserves the right to pursue recovery of the owed balance through appropriate means.
This agreement will comply with the laws of [Jurisdiction].
[Signature of the Lender]
[Name of the Lender]
[Signature of the Borrower]
[Name of the Borrower]
Form
Please complete the form below to create the Family Loan Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step. Family Loan Agreement Template 1. Lender Information 2. Borrower Information 3. Loan Details 4. Purpose of the Loan 5. Repayment Schedule 6. Late Payment Terms 7. Collateral (if applicable) 8. Governing Law 9. Signatures and Acceptance 10. Declaration and Signatures
PDF
WORD
Family Loan Agreement Template Printable | Editable FormPrintable
