Promissory Note

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What is a Promissory Note?

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.


Contact Information



Lender Information










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Borrower Information










co-signer Information







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paystub sample

This is a sample paystub. The watermark will be removed once you’ve made the payment.

Loan Amount



Total sum of money loaned to the borrower excluding interest.

Percentage interest amount charged by the lender.

Repayment Terms


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




Late Repayment



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paystub sample

This is a sample paystub. The watermark will be removed once you’ve made the payment.

Make Payments To







Collateral Information


Use complete sentences to describe property used as collateral for repayments or LEAVE BLANK IF NO collateral


Governing Law


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paystub sample

This is a sample paystub. The watermark will be removed once you’ve made the payment.