Loan Repayment Schedule Template

[Loan Repayment Schedule – Exhibit to Loan Agreement / Promissory Note]

1. Parties and Loan Reference

Lender: [Lender Full Legal Name]
Address: [Lender Address]

Borrower: [Borrower Full Legal Name]
Address: [Borrower Address]

This Loan Repayment Schedule (“Schedule”) relates to the loan documented in the:

• Agreement Type: [Loan Agreement / Promissory Note / Other]

• Agreement Date: [MM/DD/YYYY]

• Loan Reference or Number: [Reference / Number, if any]

2. Loan Summary

Loan Principal Amount: [Principal Amount and Currency]

Interest Rate (if any): [Annual Interest Rate % or “0% – interest-free”]

Interest Type: [Fixed / Variable / Other]

Loan Start Date: [MM/DD/YYYY]

First Payment Due Date: [MM/DD/YYYY]

Final Payment Due Date: [MM/DD/YYYY]

Total Number of Scheduled Payments: [Number]

Regular Payment Frequency: [Weekly / Biweekly / Monthly / Quarterly / Other]

3. Repayment Schedule

The loan will be repaid in the payments listed below. For each payment, specify the due date, the principal and interest portions (if applicable), the total amount, and the remaining principal after the payment is made.

Payment 1:

• Due Date: [MM/DD/YYYY]

• Principal Portion: [Amount and Currency]

• Interest Portion: [Amount and Currency]

• Total Payment Amount: [Amount and Currency]

• Remaining Principal After Payment: [Amount and Currency]

Payment 2:

• Due Date: [MM/DD/YYYY]

• Principal Portion: [Amount and Currency]

• Interest Portion: [Amount and Currency]

• Total Payment Amount: [Amount and Currency]

• Remaining Principal After Payment: [Amount and Currency]

Payment 3:

• Due Date: [MM/DD/YYYY]

• Principal Portion: [Amount and Currency]

• Interest Portion: [Amount and Currency]

• Total Payment Amount: [Amount and Currency]

• Remaining Principal After Payment: [Amount and Currency]

Payment 4:

• Due Date: [MM/DD/YYYY]

• Principal Portion: [Amount and Currency]

• Interest Portion: [Amount and Currency]

• Total Payment Amount: [Amount and Currency]

• Remaining Principal After Payment: [Amount and Currency]

[Continue listing Payment 5, Payment 6, etc., until all scheduled payments are included.]

4. Payment Method and Reference

All payments under this Schedule shall be made in [Currency] using the payment method and account details described in the underlying loan agreement or promissory note.

Borrower shall always reference:

• Loan Reference / Account Number: [Reference / Number]

• Borrower Name: [Borrower Full Name]

on each payment so that the payment can be correctly applied to this loan.

5. Prepayments and Changes to the Schedule

If Borrower makes any extra or early payments (“Prepayments”), such amounts shall be applied in accordance with the loan agreement or promissory note. After a significant Prepayment, the Parties may agree to create an updated repayment schedule showing the revised remaining principal and future payments.

Any change to the interest rate, payment amounts, or due dates that affects this Schedule must be agreed in writing and signed by both Lender and Borrower.

6. Relationship to Loan Agreement

This Schedule is an attachment to and forms part of the [Loan Agreement / Promissory Note] dated [MM/DD/YYYY] between Lender and Borrower. If there is any conflict between this Schedule and the main loan agreement or promissory note, the terms of the main document shall control, unless the Parties clearly state in writing that this Schedule is intended to amend those terms.

7. Acknowledgment

By signing below, the Parties acknowledge that this Schedule accurately reflects the agreed repayment plan for the loan described above, as of the date of signing.

Lender

Signature: _______________________________
Name: [Lender Signatory Name]
Title: [Title, if applicable]
Date: [Date]

Borrower

Signature: _______________________________
Name: [Borrower Signatory Name]
Title: [Title, if applicable]
Date: [Date]