Promissory Note with Monthly Payments, No Penalty | Canada
When you lend money, be sure you get paid back. Get the borrower to sign this Promissory Note form for Canada.
- This is a Canadian legal form that can be used anywhere in Canada. Quebec 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.
- Available in MS Word format. Editable and reusable.
Download Type:
Microsoft Word
Last Updated: 26-January-2024
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