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Loan Agreement (Ontario)
NextGen Docs form ND-1020. Search ND-1020 on docs.ngz.ca to make this document again.
A full loan contract with payments, interest, security and what happens if payments stop.
Start this document $2.99 or in the monthly planHow it works
What you will fill in
- Lender's full name (who gives the money)
- Borrower's full name (who owes the money)
- Borrower's address
- Loan amount ($)
- Interest per year (%). Write 0 for none.
- Date the money is given
- Monthly payment ($)
- First payment on
- Date signed
Good to know
- Interest above 35% a year is a crime in Canada.
- If something is pledged as security, register it in Ontario's Personal Property Security Registration system to protect it.
- Each side keeps a signed copy.
Help in your language
Every question comes with help like this. For example, “Lender's full name (who gives the money)”:
English: The person or business lending the money.
اردو: جو شخص یا کاروبار قرض دے رہا ہے۔
ਪੰਜਾਬੀ: ਜੋ ਵਿਅਕਤੀ ਜਾਂ ਕਾਰੋਬਾਰ ਕਰਜ਼ਾ ਦੇ ਰਿਹਾ ਹੈ।
हिन्दी: जो व्यक्ति या कारोबार कर्ज़ दे रहा है।
Français: La personne ou l'entreprise qui prête l'argent.
Questions people ask
How much does the Loan Agreement cost?
It is free to fill in and preview. To download it, buy just this one for $2.99 or use a plan (Monthly $9.99, or Yearly $79); new accounts get 7 days free with no card needed.
Can I fill in the Loan Agreement in Urdu, Punjabi, Hindi or French?
Yes. The finished document is in English, but every question has plain help in English, Urdu, Punjabi, Hindi and French, and you can speak your answers.
Do I need a lawyer?
Many people use this document on their own. If your situation is complicated, or a lot of money or your home is involved, talk to a lawyer or licensed paralegal. In Ontario, the Law Society Referral Service (findlegalhelp.ca) gives a free 30-minute consultation.
Is my information private?
Only you can see your answers. They are saved on your device, and in your own account if you sign in, so you can finish on another device. NextGen Docs is not a law firm and does not give legal advice.