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Lawyers.com's Promissory Note template is easy to complete and customizable with your own information.

What is a Promissory Note?

Why should I create a Promissory Note?

• You're loaning money to a friend and want to make it official
• You want to create an amortization schedule for a loan
• You're borrowing money but not from a bank or other lending institution

Have the following information ready:

• Name and addresses of all people named in the Note, including any cosignors
• The amount of the loan, interest rate and repayment information
• Any other document related to the loan such as a security agreement

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Questions You Might Ask About This Topic

• Are Promissory Notes contracts?
• Contract Basics
• What happens if I co-sign a loan for someone?
• Cosigning a Loan
• Can I get out of a Promissory Note?
• Getting Out of a Contract
• Should I meet with a lawyer before signing a Promissory Note?
• Preparing to Meet with a Lawyer