Free Printable Promissory Note Template
Printable Promissory Note
Date: January 8, 2050
Principal Amount: $5,000.00
FOR VALUE RECEIVED, I, [Your Name], promise to pay Jane Smith the sum of $5,000.00, with 5% annual interest, by January 8, 2051.
Payment Terms:
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$416.67 per month, starting February 8, 2050, due on the 8th of each month.
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Early repayments are allowed without penalty.
Late Fee: $50 if payment is 10 days late.
Governing Law: Illinois
Signature of Borrower:
[Your Name]
Signature of Lender:
Jane Smith
