This Personal Loan Agreement Template helps record a loan arrangement between individuals in a clear and organized way.

It is designed for situations where one person lends money to another person and both parties want to put the basic loan terms in writing, including the loan amount, lender information, borrower information, repayment schedule, interest, payment method, due date, default terms, and signatures.

Common Situations

This template may be useful when:

• You are lending money to a friend, relative, acquaintance, or private individual

• You want to avoid confusion about whether the money is a loan or a gift

• You want the repayment terms to be clearly written down

• You need a simple written record before money is transferred or repayment begins

• You want a practical starting point for a straightforward personal loan

  
  

What’s Included

Your download includes an editable document template that you can review, customize, and use as a starting point for your personal loan arrangement.

The template is intended to help organize key information such as:

• Lender and borrower details

• Loan amount

• Repayment date or schedule

• Interest terms, if any

• Payment method

• Late payment or default terms

• Signature section

  
  

Need Help Personalizing This Document?

Choose our Standard Personalized Document Service . We can prepare a personalized version of this document based on the information you provide.

Important Notice

This template is intended for common and straightforward personal loan situations.

If the loan involves a large amount of money, property, business investment, security, family law issues, tax consequences, or a potential dispute, professional review may be recommended.

1188.ca provides document preparation and template support only. This template and related services do not constitute legal, tax, mortgage, real estate, financial, business, or other professional advice.

You should review the document carefully before using or signing it. If your matter is complex or high-risk, please consult a licensed lawyer or qualified professional in your jurisdiction.