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