Canada Term Promissory Note

$2.29

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The Note allows the borrower to repay the loan amount in regular payments of blended principal and interest.
The interest is calculated monthly and compounded yearly.
This is a reusable legal form. Buy it, download it, re-use it as often as you require.

This Canada Term Promissory Note template is available in MS Word format, and is easy to download, fill in with your details, and print.

Download Type:

Microsoft Word

Last Updated: 14-April-2016

SKU: 6514

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Canada Promissory Note with Monthly Payments, No Penalty

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This is a Canadian legal form that can be used anywhere in Canada. QuÃ©bec law may require a French language version.
The borrower agrees to repay the debt in equal monthly payments of combined principal and interest, with the balance due on the maturity date specified in the Note.
The borrower has the option to prepay the outstanding balance at any time without penalty. No early payment fee or premium will be charged.

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