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Loan Аgreement Template

Use this free template with Google Docs and Microsoft Word

4.42 (2 reviews)
Last updated Updated June 30, 2026
Created by Sofia Allen

Template Specification

Format Google Docs
Created May 31, 2023
Last Updated June 30, 2026
Community Added to collections by 15 Users
Usage Stats 6 downloads this month

About this template

The Loan Agreement Template covers all essential aspects of a loan, including loan amount, interest rate, repayment terms, late payment penalties, collateral (if applicable). By using this template, lenders and borrowers can ensure that their loan agreement is well-documented and enforceable. Whether you're a lender or a borrower, this option offers a reliable and comprehensive framework for establishing a formal loan arrangement.

Free Template

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PLATFORM

Google Docs

Opens in browser
PAPER SIZE
US Letter
Google Docs – US Letter
No account required • Attribution required

WHAT’S INCLUDED

Detailed loan terms and conditions
Customizable borrower and lender information
Section for interest rate specification
Termination and repayment clauses

Agreement Tips

1
Specify all relevant dates to avoid confusion
2
Clearly define loan amount and repayment terms
3
Outline any penalties for late payments
4
Regularly update the document for changes

FAQ

Is this template compatible with Microsoft Word? Yes, it works in both Google Docs and Microsoft Word.
Can I customize the loan agreement details? Absolutely, all sections are fully customizable to fit your needs.
Is this template free to use? Yes, you can download and use it at no cost.
How user-friendly is this template? The template is designed for ease of use with clear sections.
Does it include a section for collateral? Yes, there's an optional section for specifying collateral.
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How to Use and Edit This Template

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1

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Click the "Edit Template" button to create your own editable copy in Google Docs or download for Microsoft Word
Customize Everything
2

Customize Everything

Easily change colors, fonts, and layouts to match your unique style or brand identity
Add Your Content
3

Add Your Content

Fill in your data, upload images, and replace the placeholder text with your own information
Print, Export, or Share
4

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