How It Works
Create a professionally formatted, state-specific promissory note in about 5 minutes. Here is the step-by-step process.
Choose Your State and Note Type
Start by selecting the state where the loan is being made. Every US state and DC has its own usury laws that set maximum allowable interest rates and penalties for exceeding them. For example, New York caps interest at 16% and considers anything above 25% criminal usury, while California limits personal loans to 10% annual interest.
Next, select the type of promissory note you need. We offer four note types: a secured note for loans backed by collateral such as a vehicle or property, an unsecured note for loans based solely on the borrower's promise to pay, an installment note for loans repaid in fixed periodic payments, and a demand note that is payable whenever the lender requests repayment. Not sure which one you need? Each note type page includes a plain-English description of when to use it.
Once you make your selections, our platform loads the specific usury limits and legal requirements for your state and note type combination, so everything that follows is tailored to your situation.
Fill In Your Loan Details
Our form walks you through all the information needed to generate a complete, legally compliant promissory note. You will enter details about the lender and borrower, the principal amount, the interest rate, the repayment schedule, the maturity date, and any applicable late fees or default provisions.
The form is designed to be clear and straightforward, using plain English labels rather than legal jargon. Each field includes a helpful description so you always know exactly what information is being requested. If your selected interest rate exceeds your state's usury limit, you will be alerted before proceeding.
For secured notes, you will also describe the collateral being pledged. For installment notes, you will specify the payment amount, frequency, and schedule. Our form only shows the fields relevant to your note type, keeping the process focused and preventing confusion.
Choose Your Document Style
After filling out the form, you can choose from multiple professionally designed document styles for your promissory note. Each layout contains the same legally compliant content, formatted in a different visual style so you can find the one that best fits your preferences.
Style options include clean and simple layouts that are easy to read, as well as more formal styles that convey a professional appearance. All layouts use clear headings, numbered sections, and consistent spacing to make the document easy to navigate. Every style includes your state's required provisions, signature blocks, and all other mandatory elements.
You can switch between styles freely before completing your purchase. A live preview updates as you select different styles, so you always see exactly what your document will look like before you pay.
Preview and Checkout
Before completing your purchase, you can preview the full promissory note to confirm that all the details are correct. The preview shows every page of the document exactly as it will appear in the downloaded PDF, including all filled-in fields, required provisions, and the selected document style.
If you notice any errors or want to make changes, you can go back to the form and update the information at no charge. The preview updates instantly so you can verify your corrections before proceeding.
When you are satisfied with the document, proceed to checkout. Payment is processed securely through Stripe. We accept all major credit and debit cards. The total cost is $7.99 for your promissory note. There are no hidden fees, no subscriptions, and no account required.
Download Your PDF
Immediately after payment is confirmed, your promissory note is generated and ready to download. You will be redirected to a download page where you can save your PDF with a single click. A download link is also sent to the email address you provided during checkout so you have a backup copy.
The download link remains active for 5 days after purchase, so you have plenty of time to save the file and share it with the other party. Once downloaded, the PDF is a standard document that can be opened on any device, printed, and signed by hand. If you need a legally binding electronic signature, you can upload the PDF to any e-signature service.
We recommend printing two copies: one for the lender and one for the borrower. Both parties should sign both copies, and each should retain a signed original for their records. Store your promissory note in a safe place for the entire duration of the loan and for several years after it is repaid.
Ready to Create Your Promissory Note?
State-specific, professionally formatted, and ready to sign. All 50 states and DC.
Get Started - $7.99