Loan Confirmation Letter [FREE Sample]

Learn how to write a loan confirmation letter. Use our sample loan confirmation letter as a template for your confirmation letter.

Loan Confirmation Letter sample

Name of Sender
Address of Sender
City, State, Zip Code

DATE

Name of Receiver
Address of Receiver
City, State, Zip Code

RE: Financial agreement between Name of Sender and Name of Receiver in Name of State

Dear Name of Receiver:

This letter is a formal financial agreement that is based on our telephone conversation on DATE.

It details the agreement we made whereas I will loan you $5,000 to be repaid in $200 increments with no interest each month for 25 (twenty-five) months with the last payment to be made on DATE.

Please review the details of our financial agreement and, if you agree with all the terms, please sign the letter and return a copy to me. If you disagree with the terms, kindly let me know, and we can come to an agreeable settlement.

Terms of Financial Agreement with Name of Receiver:

This financial agreement is between Name of Sender, Address of Sender, Phone or Email of Sender and Name of Receiver, Address of Receiver and Phone or Email of Receiver.

The amount of $5,000 (five thousand dollars) will be paid to Name of Receiver by Name of Sender on DATE.

It will be repaid by Name of Receiver to Name of Sender in $200 amounts on the first of each month for 25 months starting DATE with the last payment on DATE.

The payment will be made by personal check that, when cashed and returned, will be the receipt for the payment.

I, Name of Sender, agree with these conditions.

Signature of Sender DATE
Printed Name of Sender

I, Name of Receiver, agree with these conditions

Signature of Receiver DATE
Printed Name of Receiver

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