Free Ohio Loan Agreement

Location
Where does the lender live?
Different states have different rules and regulations. Your
Loan Agreement will be customized for .

Repayment

How will the money be repaid?
Repayment Details

When will the money need to be repaid?
Repayment date:
Date Format: MM slash DD slash YYYY
After notice is provided, the borrower has days to repay.
Repayment Details

Will all payments be an equal amount?
Will the payments go toward both the interest and original loan amount?
Payment

How often will the make payments?
Payments will be made:
- Weekly
- Monthly
- Yearly
How much will the borrower pay?
First payment to happen:
- After signing date
- On a specific date
What is the date of the first payment?
First payment date:
Date Format: MM slash DD slash YYYY
Day for weekly payment:
What is the day of the monthly payment?
When will the loan be repaid?
Repayment date:
Date Format: MM slash DD slash YYYY
When will the loan be repaid?
Repayment date:
Date Format: MM slash DD slash YYYY
The final payment will be due on ____________________ With payments?

Collateral
Will the Loan Agreement be secured by collateral?
- Yes
- No
Describe the property being used as collateral:
e.g. 2014 Chevrolet Cruze, VIN 1FAHP34N66W132665
Is the purchasing the collateral from the lender?
- Yes
- No
Will the retain title of ownership until the loan is repaid in full?
- Yes, retained until paid
- No, transferred at signing

Additional Information
Would you like to include additional information?
- Yes
- No
Extra Clause
First Extra Clause
e.g. If the Borrower repays the loan early, they will be charged a fee equivalent to the previous two months' interest.
- Add another clause
Second Extra Clause
e.g. If the Borrower repays the loan early, they will be charged a fee equivalent to the previous two months' interest.
- Add another clause
Third Extra Clause
e.g. If the Borrower repays the loan early, they will be charged a fee equivalent to the previous two months' interest.
- Add another clause
Fourth Extra Clause
e.g. If the Borrower repays the loan early, they will be charged a fee equivalent to the previous two months' interest.
- Add another clause
Fifth Extra Clause
e.g. If the Borrower repays the loan early, they will be charged a fee equivalent to the previous two months' interest.
- Add another clause
Sixth Extra Clause
e.g. If the Borrower repays the loan early, they will be charged a fee equivalent to the previous two months' interest.
- Add another clause
Seventh Extra Clause
e.g. If the Borrower repays the loan early, they will be charged a fee equivalent to the previous two months' interest.
- Add another clause
Eighth Extra Clause
e.g. If the Borrower repays the loan early, they will be charged a fee equivalent to the previous two months' interest.

Signing Details
When will the document be signed?
- Today
- This Month
- Unsure
- Specify Date
Date Format: MM slash DD slash YYYY
Will there be a signing witness?
- Yes
- No
Who will verify the signature?
- One witness
- Notary public
A witness can be any third party with no financial or other interest in the document.
A notary public is a public officer that specializes in verifying signatures and deterring fraud. They will give you the strongest form of signature verification.
State where borrower is signing:

Lender Details