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Full Name of The Borrower

This loan agreement outlines the terms of a loan between a borrower and lender. The borrower agrees to pay back the loan amount plus any interest to the lender. The document specifies payment schedules and allows for prepayment of the loan.

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Apple Mae Feniza
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12 views

Full Name of The Borrower

This loan agreement outlines the terms of a loan between a borrower and lender. The borrower agrees to pay back the loan amount plus any interest to the lender. The document specifies payment schedules and allows for prepayment of the loan.

Uploaded by

Apple Mae Feniza
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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LOAN AGREEMENT

Date: ____________________________
Loan Amount: ___________________
I. THE PARTIES. For the above value received by
_________________________________________________
Full Name of the Borrower
with a mailing address of ______________________________________________________, agrees to
pay
Complete Address
LEZYL A. PRADERA with a mailing address of San Roque, Mahinog, Camiguin.
Name of the Lender

II. PAYMENT. This agreement shall be due and payable, including the principal and any accrued interest, in
one of the following ways:
o Once per week beginning on __________________, 2021 with an amount of ₽___________ only
until balance is paid.
o Once per month beginning on __________________, 2021 with an amount of ₽___________ only
until balance is paid.
o Others: ___________________________________________________________________
If the borrower failed to pay the principal and any accrued interest on the scheduled date, the
borrower will pay the weekly interest only.
All payments made by the borrower are to applied first to any accrued and then to the principal balance. The total
amount of the loan shall be due and payable on the _______ day of the ________, 20____.

III. PREPAYMENT. The borrower has the right the right to pay back the loan in-full or make additional
payments any time.

____________________________ ____________________________
Signature over Printed Name of the Borrower Signature over Printed Name of the Borrower
I.D. Presented: ______________ I.D. Presented: ______________

LOAN AGREEMENT
Date: ____________________________
Loan Amount: ___________________
IV. THE PARTIES. For the above value received by
_________________________________________________
Full Name of the Borrower
with a mailing address of ______________________________________________________, agrees to
pay
Complete Address
LEZYL A. PRADERA with a mailing address of San Roque, Mahinog, Camiguin.
Name of the Lender

V. PAYMENT. This agreement shall be due and payable, including the principal and any accrued interest, in
one of the following ways:
o Once per week beginning on __________________, 2021 with an amount of ₽___________ only
until balance is paid.
o Once per month beginning on __________________, 2021 with an amount of ₽___________ only
until balance is paid.
o Others: ___________________________________________________________________
If the borrower failed to pay the principal and any accrued interest on the scheduled date, the
borrower will pay the weekly interest only.
All payments made by the borrower are to applied first to any accrued and then to the principal balance. The total
amount of the loan shall be due and payable on the _______ day of the ________, 20____.

VI. PREPAYMENT. The borrower has the right the right to pay back the loan in-full or make additional
payments any time.

____________________________ ____________________________
Signature over Printed Name of the Borrower Signature over Printed Name of the Borrower
I.D. Presented: ______________ I.D. Presented: ______________

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