Promissory Note
Write down who borrows how much from whom and how it will be repaid, with space for both parties to sign.
What you type is turned into a document inside your browser only and is never sent or stored. Reference template, not legal advice.
Reference template, not legal advice. Have important documents checked by a professional.
How to use
- Enter the date, the borrower and the lender, and the amount in USD.
- If interest applies, type the yearly rate you agreed on. Leave it empty and the note says "None stated".
- Describe how and when the money will be paid back. Add a final payment date and any late-payment terms only if you agreed on them.
- Check the preview, then print it, save a PDF or download a Word file. Both people can sign the printed copy.
FAQ
Are there limits on the interest rate?
Rules about interest can differ by state and by the type of loan. This template has no rate built in and never fills one in for you. Check the rules where you live before you agree on a rate.
Is a promissory note enough on its own?
Requirements vary by state and situation; this is a general template, not legal advice. For a large amount or a complicated loan, consult a qualified professional.
Do we need witnesses or a notary?
It depends on where you are and what you want to do with the note. This template does not decide that for you. Ask a qualified professional or the relevant agency if you are not sure.
Is what I type stored anywhere?
No. The document is built inside your browser. Nothing is sent to a server or saved, and it disappears when you close or reload the page.
Notes
No official document is cited.
Reference templates based on common private practice, not an official form. Checked: 2026-11-12.