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    Promissory Note for Interest Only


    Secure the repayment of a loan with this Promissory Note form for interest payments only.

    • The Note allows the borrower to make payments against interest only, with no payment to be made against the principal amount until a date set out in the Note.
    • Interest payments are made in arrears, on regularly scheduled payment dates.
    • The borrower can repay the principal amount of the loan at any time without having to pay a prepayment penalty.
    • This Promissory Note for Interest Only template is generic (not country specific) and is easy to fill in with all the specifics of your transaction.
    Download Type: Microsoft Word
    Last Updated: 18-April-2021
    SKU: 1038
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