About this template
Promissory Note without Amortization – Word, PDF, and Excel 2026/2027
Do you need to write a promissory note without ongoing amortization for a one-off private loan? The package contains separate templates for a simple promissory note with a fixed final maturity date, a promissory note payable on demand, an interest-free and amortization-free loan, a disbursement receipt, and a final payment receipt. You also receive Swedish and English guides and an Excel register for loan administration.
Digital delivery: 15 files: 7 editable Word (DOCX), 7 corresponding text-searchable PDFs in A4, and 1 Excel (XLSX). Five main documents in Swedish, a Swedish user guide, and an English User Guide. No English main agreement template is included.
01. Package contents
15 digital files in a ZIP: 7 DOCX, 7 searchable PDFs, and 1 XLSX. Five separate Swedish legal documents, a Swedish guide, and an English User Guide. Delivery is digital; no physical shipping or subscription.
Version: 1.0 / 2026–2027. Editorial legal source review: October 16, 2026. The year 2027 is not a guarantee against future legislative changes. The documents are not official government forms or externally lawyer-approved.
02. What the files contain – document by document
| Document | Purpose and content | Format |
|---|---|---|
| 01. Promissory note with fixed due date | Simple promissory note without ongoing principal amortization; the entire remaining amount is paid on a specific day. | DOCX + PDF |
| 02. Promissory note payable on demand | Simple promissory note without an agreed due date; repayment upon request according to Section 5 of the Promissory Notes Act. | DOCX + PDF |
| 03. Interest-free, amortization-free loan | Separate template with zero agreed credit interest before the determined due date. | DOCX + PDF |
| 04. Disbursement receipt & capital appendix | Verify actual disbursement and deviations from the agreed loan amount. | DOCX + PDF |
| 05. Final receipt & amendment agreement | Two clearly separated options for actual final payment or changed terms. | DOCX + PDF |
| 06. Swedish user guide | Document selection, ten steps, due date, interest, prescription, and 2026 legislative changes. | DOCX + PDF |
| 07. English User Guide | English guidance on the Swedish main documents, not English agreement templates. | DOCX + PDF |
| 08. Loan register in Excel | Nine tabs with payment log, indicative interest, checks, and 16 KPI formulas. | XLSX |
All Word/PDF documents contain the two highlighted information boxes 01. Package contents and 02. What the files contain. All agreements have visible fillable fields and no fictional personal data.
03. Excel – loan register with nine tabs
Tabs: Loan · Parties · Disbursements · Payments · Interest · Claims · Checks · Overview · Read me.
Excel contains 16 formulas for administrative key performance indicators and automatic helper fields for days, indicative simple interest, and remaining capital based on manually recorded capital payments. Input is empty upon delivery and has selectable status options.
Limitation: The indicative interest calculation uses the actual number of days / 365 without adjustment for partial payments. Excel does not determine mandatory law, prescription, correct default interest, or ability to pay. Update actual payments and verify the terms of the agreement.
How to draw up a promissory note without amortization
- Identify the borrower and lender.
- Choose a model: fixed due date or repayment on demand.
- Specify the loan amount and verified actual disbursement.
- Determine whether the agreed credit interest rate should be 0% or a specific rate.
- Regulate repayment, any early payment, and receipt.
- Distinguish between agreed credit interest and any default interest.
- Check if consumer credit regulations and other specific laws are applicable.
- Sign all relevant documents.
- Make ongoing notes of actual payments in Excel.
- Issue a final receipt only when the entire debt is truly settled.
What does Swedish law say?
The Promissory Notes Act – fixed due date or on demand
According to Section 5 of the Promissory Notes Act (1936:81), a debt without an agreed maturity date must be paid when the creditor demands it; the debtor may also pay earlier. This differs from a debt with a pre-agreed final due date.
The Interest Act – different rules before and after maturity
Interest during the loan period must be distinguished from default interest. The Interest Act (1975:635) contains, among other things, different rules for late payment depending on whether the due date is determined in advance. The reference rate changes over time and should not be hard-coded in the template.
Prescription
The Prescription Act (1981:130) contains a general ten-year rule, exceptions, and rules for interrupting the prescription period. Do not use an automatic date in Excel alone to determine if a claim still exists.
New Consumer Credit Act from November 20, 2026
The Consumer Credit Act (2026:1011) replaces the older Consumer Credit Act on November 20, 2026, with specific transitional provisions. Professional credit providers need to check their own applicable regulations; the private loan documents in this package are not a substitute for complete consumer credit agreements.
Related document templates
Simple promissory note – general template · Negotiable promissory note – separate type · Cohabitation agreement and promissory note · All promissory note templates. These are separate products and are not included in the ZIP file.
Frequently asked questions about promissory notes without amortization
Is amortization-free the same as interest-free?
No. Amortization is the repayment of the principal itself. Interest is the cost of borrowing. The template package keeps these terms separate.
When should the debt be repaid?
On a fixed due date, the remaining debt is paid on that day. If no due date has been agreed upon, payment is generally due upon demand in accordance with Section 5 of the Promissory Notes Act.
Is a template without amortization an agreement never to repay?
No. Even when ongoing principal amortization is not required, the loan must be repaid according to the agreement or applicable law.
Can one agree on 0% interest?
For a one-off private loan, the agreed credit interest rate can be zero. That does not mean that default interest can never become applicable.
Does Excel calculate legally correct default interest?
No. The simple interest calculation is indicative and disregards, among other things, partial payments and legal claims. Default interest must be checked separately.
Does the package work for banks and companies providing consumer credit?
No, not as a complete product. Professional consumer credit lending is specifically regulated, and the new Consumer Credit Act (2026:1011) takes effect on November 20, 2026.
Are complete English promissory notes included?
No. The main documents are in Swedish. The package contains an English User Guide for support.
Is the agreement legally approved by a government agency?
No. It is an editable working draft with an editorial source review, not a government form or a document certified by an outside lawyer.
Legal sources and version information: The Swedish Parliament – the Promissory Notes Act, the Interest Act, the Prescription Act, and the Consumer Credit Act (2026:1011). Editorial review October 16, 2026. The documents require individual adaptation and have not been reviewed by an outside lawyer.
