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Loan Agreement

THIS AGREEMENT is made [Date] between [Name] of [Address] hereinafter referred to as "Lender", and [Name] of [Address] hereinafter referred to as "Borrower".

1. Promise to Pay. Within ____ months from today, Borrower promises to pay to Lender ______ Dollars ($------), and interest and other charges stated below.

2. Responsibility. Although this agreement may be signed below by more than one person, Borrower understands that we are each as individuals responsible for paying back the full amount.

3. Breakdown of Loan. This is what Borrower will pay:

1. Amount of Loan: $

2. Other (Describe): $

3. Amount financed: $

4. Finance charge: $

5. Total payment: $

ANNUAL PERCENTAGE RATE %

4. Repayment. This is how Borrower will repay. Borrower will repay the amount of this note in equal uninterrupted monthly installments of $------ each on the...

(Excerpt)

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