Promissory Note for Interest Only | USA
Secure the repayment of a loan with this USA Promissory Note for Interest Only.
- This form of Note allows the borrower to make payments against interest only, with no principal to be repaid until the date specified in the Note.
- Interest payments are made in arrears, at regularly scheduled dates.
- Principal may be repaid at any time without a penalty (fee) being charged.
- This USA Promissory Note for Interest Only template is in MS Word format, and can be edited as necessary to include all the specifics of your transaction.
Last Updated: 18-April-2021