Free Promissory Note Templates — All 50 States

Written promise to pay a debt

What is a Promissory Note?

A Promissory Note is a written promise to pay a specified sum of money to a designated person or entity at a specified date or on demand.

When Do You Need a Promissory Note?

  • ✓Lending money to friends or family
  • ✓Business loans between parties
  • ✓Real estate transactions
  • ✓Student loan agreements

Key Elements

  • ●Principal amount and interest rate
  • ●Payment schedule and terms
  • ●Default and late payment provisions
  • ●Collateral description if secured
  • ●Signatures of borrower and lender

Select Your State

Choose your state to get a customized Promissory Note template that complies with local laws.

A

Alabama (AL)Alaska (AK)Arizona (AZ)Arkansas (AR)

C

California (CA)Colorado (CO)Connecticut (CT)

D

Delaware (DE)

F

Florida (FL)

G

Georgia (GA)

H

Hawaii (HI)

I

Idaho (ID)Illinois (IL)Indiana (IN)Iowa (IA)

K

Kansas (KS)Kentucky (KY)

L

Louisiana (LA)

M

Maine (ME)Maryland (MD)Massachusetts (MA)Michigan (MI)Minnesota (MN)Mississippi (MS)Missouri (MO)Montana (MT)

N

Nebraska (NE)Nevada (NV)New Hampshire (NH)New Jersey (NJ)New Mexico (NM)New York (NY)North Carolina (NC)North Dakota (ND)

O

Ohio (OH)Oklahoma (OK)Oregon (OR)

P

Pennsylvania (PA)

R

Rhode Island (RI)

S

South Carolina (SC)South Dakota (SD)

T

Tennessee (TN)Texas (TX)

U

Utah (UT)

V

Vermont (VT)Virginia (VA)

W

Washington (WA)West Virginia (WV)Wisconsin (WI)Wyoming (WY)

Tips for Your Promissory Note

  • ★Ensure interest rates comply with state usury laws
  • ★Include clear default remedies
  • ★Specify prepayment terms
  • ★Have the note notarized for enforceability

Document Info

Document
Promissory Note
Category
Financial
States
All 50 + DC
Format
PDF / Word / Print
Cost
100% Free

County-Level Templates

County-specific templates available for:

Other Legal Templates

Legal Disclaimer

Templates are for informational purposes only and do not constitute legal advice. Laws vary by state. Consult a licensed attorney for advice specific to your situation.