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Family loan agreement and IOU generator

Fill in the form and your agreement appears below it, with a repayment schedule. Print it or save it as a PDF, both sign, and add the payment dates to your calendars.

What do you want to make?

Loan agreement (full) Short IOU (one page) Schedule only

Has the money already been lent?

No, this is a new loan Yes, it was lent earlier (put it in writing now)

Lender's full name (who lends the money)

Borrower's full name (who repays it)

Lender's address (optional)

Borrower's address (optional)

Amount lent ($)

Date the money is (or was) given

Amount already repaid ($, if any)

How will it be repaid?

In regular payments All at once, by a date

Repaid in full by

How often?

Date of the first payment

Set the schedule by

Number of payments Amount of each payment

Number of payments

Amount of each payment ($)

Interest

No interest Charge interest

Interest rate (% a year)

Interest starts on (optional: leave empty to start on the day the money is given; set a later date for an interest-free start)

Lender's state

Borrower's state

Other loans the lender made in the last 12 months (optional)

The borrower is a relative

How payments are made (e.g. bank transfer to the Lender's account, or cash against a signed receipt)

Days of grace before a payment counts as late

If a payment is late

Late fee per late payment ($, optional)

State whose law applies (optional) Add a line for a witness

Everything stays in this browser. Nothing is sent to us or saved. We never hold or move money.

These templates and tools are not a substitute for the advice of an attorney. They give general information, not legal or tax advice. Tight Month is not a law firm, and we never hold or move money.