This Family Loan Agreement Template helps record a loan arrangement between family members in a clear and organized way.

It is designed for situations where one family member lends money to another family member and both sides want to set out the basic loan terms in writing, including the loan amount, repayment schedule, interest, payment method, due date, late payment terms, and signatures.

This template may be useful when family members want to avoid confusion about whether the money is a loan, gift, advance, or informal support.

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Important Notice: 1188.ca provides document templates and document preparation support only. This template is not legal, tax, mortgage, real estate, financial, or business advice. Family loan arrangements may involve tax issues, estate planning concerns, family disputes, repayment problems, or property-related matters. Please review carefully before use and consult a licensed professional if your situation involves a large amount of money, real estate, inheritance, separation, divorce, business investment, or other high-risk matter.