Texas Promissory Notes

Create a legally compliant Texas promissory note that complies with state usury limits and includes all required provisions. Choose the note type that fits your lending situation, fill out the guided form, and download your professional PDF for $7.99.

Secured Promissory Note

For loans backed by collateral such as a vehicle, property, or equipment. The lender can seize the collateral if the borrower defaults.

Complies with Texas usury limits (max 18%). Includes collateral description and default remedies.

Create Secured Promissory Note

Unsecured Promissory Note

For loans based solely on the borrower's promise to pay, with no collateral pledged. Common for personal and family loans.

Texas statute of limitations: 4 years. Max interest rate: 18%.

Create Unsecured Promissory Note

Installment Promissory Note

For loans repaid in fixed periodic payments over a set term. Includes a detailed payment schedule with amounts and due dates.

Includes amortization-ready payment terms compliant with Texas usury law (18% max rate).

Create Installment Promissory Note

Demand Promissory Note

Payable in full when the lender demands repayment. No fixed schedule or maturity date. Common for informal arrangements.

Payable on demand under Texas law. Includes usury savings clause and default provisions.

Create Demand Promissory Note

Texas Usury Law and Note Requirements

Max Interest Rate 18%

Rate Description 10-18% depending on loan type

Default Rate 6%

Penalty for Exceeding Usury Limit Triple interest or $2,000 penalty

Statute of Limitations 4 years

Notarization Required Not required (recommended)

Witness Required Not required

Governing Agency Texas District Courts

Texas usury law is governed by Texas District Courts. The maximum allowable interest rate is 18% (10-18% depending on loan type). Penalties for exceeding the usury limit include: Triple interest or $2,000 penalty. The statute of limitations for enforcing a promissory note in Texas is 4 years. Notarization is not required but recommended. Our documents are designed to comply with Texas law and include all required provisions.

Create Your Texas Promissory Note

Usury-compliant, professionally formatted, and ready to sign. Download your PDF instantly for $7.99.

Get Started