Loan Agreement Template

A loan needs to be in writing — for the IRS, for the relationship, and for enforcement. DocFila's loan template handles fixed and amortizing schedules, interest treatment, default events, and optional secured-loan collateral language.

★ 4.8 across 12,400+ reviews · Legally binding in 100+ countries · Edit, sign, store in 60 seconds

What's in the template

Principal & Interest

Loan amount, fixed or variable interest, and effective date.

Repayment Schedule

Lump-sum, equal-installment, or interest-only with balloon.

Prepayment

Whether prepayment is allowed and any prepayment premium.

Default & Acceleration

Defined events of default and lender's right to accelerate repayment.

Collateral & Security Interest

Optional collateral and security-interest perfection language.

Late Fees & Default Interest

Late-payment fees and default-interest rate where lawful.

Guarantor

Optional personal guarantor with limited or unlimited recourse.

Governing Law

Local law selection and usury-cap awareness.

Common use cases

How to send it for signature in 4 steps

Open the template

Tap "Use This Template" — it opens in DocFila on web, iOS, or Android.

Fill in the details

Smart fields auto-detect party names, dates and amounts. Edit any clause inline.

Add signers and send

Email, SMS, or shareable signing link. Set signing order if needed.

Store and verify

Signed copy lives in your AES-256 encrypted vault. Optionally anchor on-chain with DocFila Verify.

Frequently asked questions

Is this template legally binding?

Yes. Once both parties sign electronically through DocFila, the agreement is legally binding under the ESIGN Act (US), eIDAS (EU), and equivalent e-signature laws in 100+ countries. For high-stakes contracts you can additionally anchor the signature on the blockchain with DocFila Verify.

Can I edit the template?

Yes. Open the template in DocFila, fill in the smart fields (party names, dates, amounts), add or remove clauses, and save your custom version to your vault for reuse.

Do I need a lawyer to use this?

DocFila's templates are drafted in plain language by legal practitioners and updated regularly. They are appropriate for typical business situations. For high-value, cross-border, or regulated transactions, we recommend a lawyer review the final draft.

How much does it cost?

Free on the DocFila Free tier. Unlimited e-signatures and DocFila Verify (blockchain anchoring) require Pro at $9.99/mo.

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