The Family Loan Agreement Template – Australia is offered in multiple formats, including PDF, Word, and Google Docs. Each version is both customizable and ready for printing, ensuring they suit your requirements perfectly.
Family Loan Agreement Template – Australia Editable | PrintableSample
1. Parties Involved 2. Loan Amount 3. Purpose of the Loan 4. Interest Rate 5. Repayment Terms 6. Default Conditions 7. Collateral (if any) 8. Governing Law 9. Signatures and Acceptance
PDF
WORD
Examples
[Lender’s Name]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
[Borrower’s Name]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
This Family Loan Agreement (“Agreement”) is made to document the loan terms between [Lender’s Name] and [Borrower’s Name], effective as of [Start Date].
The Lender agrees to loan the Borrower a sum of [Loan Amount] AUD for personal use.
The loan shall bear interest at a rate of [interest rate]% per annum, calculated on the outstanding balance.
The Borrower agrees to repay the loan in [number of installments] installments of [installment amount] AUD each, due on [repayment due date].
The Borrower shall use the loan exclusively for [specific purpose, e.g., home improvement, education expenses].
The Borrower may prepay the loan in whole or in part without penalty, provided that the Lender is notified in writing at least [notice period] prior to such prepayment.
If the Borrower fails to make any payment within [grace period] days of the due date, the Lender may declare the entire outstanding balance immediately due and payable.
This Agreement shall be governed by the laws of Australia.
[Lender’s Signature]
[Lender’s Name]
[Borrower’s Signature]
[Borrower’s Name]
[Lender’s Name]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
[Borrower’s Name]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
This Family Loan Agreement (“Agreement”) serves to outline the terms under which the Lender provides a loan to the Borrower, commencing on [Start Date].
The Lender agrees to lend to the Borrower the sum of [Loan Amount] AUD.
This loan will incur an interest rate of [interest rate]% annually, calculated on the unpaid principal balance.
The Borrower commits to repay the loan in [number of installments] monthly payments of [installment amount] AUD, beginning on [repayment start date].
The Borrower agrees to use the funds exclusively for [purpose of the loan], and not for any unlawful activities.
If any payment is missed, the Borrower agrees to pay a late fee of [late fee amount] AUD for each missed payment after a [grace period] day grace period.
In the event of default, the Lender may accelerate the loan, requiring immediate payment of the unpaid principal and accrued interest.
This Agreement shall be governed by the laws of Australia.
[Lender’s Signature]
[Lender’s Name]
[Borrower’s Signature]
[Borrower’s Name]
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