paystubmakers.com As the name implies, a Promissory Note is a written promise to pay someone to whom you owe money. It may also be referred to as an IOU or a loan agreement. Although it may seem like an informal document – particularly if you sign a promissory note when borrowing money from a friend or family member – promissory notes are legally enforceable.
This is a sample paystub. The watermark will be removed once you’ve made the payment.
Total sum of money loaned to the borrower excluding interest.
Percentage interest amount charged by the lender.
Each installment payment will be made in equal amount of...
Each payment will be due on before this date, for example "1st of the month".
Total amount of final balloon payment
Use complete sentences to describe property used as collateral for repayments or LEAVE BLANK IF NO collateral