Canada Promissory Note with Monthly Payments & No Penalty

If you are lending money to someone, be sure you get paid back. Have the borrower sign this Promissory Note with Monthly Payments & No Penalty form for Canada.

• The borrower agrees to repay the debt in equal monthly payments of combined principal and interest, by way of post-dated checks, with the balance due on a date specified in the Note.
• The borrower has the option to prepay the outstanding balance without any prepayment penalty.

The Canada Promissory Note with Monthly Payments & No Penalty template is in MS Word format, and is easy to download, fill in and use.