✦ AI Tool

Generate a Promissory Note in 60 Seconds

Describe the loan terms and ContractMaker's AI generates a complete, legally structured promissory note with Track Changes as a Word-compatible DOCX in under 60 seconds.

Free — no credit card
Key features

Built for legal-grade output

01 — Loan Details to Document

Every edit is tracked, every change explained.

Provide the borrower, lender, loan amount, interest rate, and repayment schedule — the AI drafts a complete promissory note automatically.

The vendor must maintain commercially reasonable security controls. The vendor should try to keep reasonable security practices in place.

60-Second Draft

Get a fully structured promissory note in under a minute. No blank forms to fill, no template hunting required.

Track Changes Transparency

Every AI edit is shown as a tracked revision so you see exactly what was drafted or changed before finalizing.

Word-Compatible DOCX Export

Download your promissory note as a DOCX file that opens perfectly in Microsoft Word for final review and signing.

Secured or Unsecured Options

Specify whether the loan is secured by collateral or unsecured, and the AI includes the appropriate clauses automatically.

How it works

From prompt to contract in 4 steps

1

Describe the Loan Terms

Tell the AI the borrower and lender names, loan amount, interest rate, repayment schedule, and any collateral details.

2

Review the AI Draft

The AI generates a complete promissory note in under 60 seconds. All content appears as Track Changes for transparent review.

3

Refine the Terms

Adjust interest rates, payment schedules, or default provisions in plain English — the AI updates with tracked revisions.

4

Export and Sign

Download the finalized promissory note as a DOCX file, ready for signatures from both parties.

Use cases

Who uses this

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freelancer

Document personal or business loans with a professionally structured promissory note that protects both lender and borrower.

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small-business

Generate promissory notes for business loans, inter-company lending, or equipment financing with clear repayment terms.

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legal-team

Draft promissory notes faster with AI and review all content via Track Changes before client delivery.

◇

hr

Document employee loans or advances with a clear promissory note that specifies repayment terms and deduction schedules.

About

What is a Promissory Note Generator?

A promissory note generator creates formal loan documents where a borrower promises in writing to repay a specified amount to a lender under agreed terms. Instead of drafting from scratch, you provide the loan details — parties, amount, rate, schedule — and the AI produces a complete, binding document.

ContractMaker's promissory note generator adds Track Changes on every AI edit and Word-grade DOCX output, so you see exactly what was drafted. Generate secured or unsecured promissory notes in under 60 seconds, export as DOCX, and open in Microsoft Word — no legal expertise required to get a solid, structured document.

FAQ

Frequently asked questions

Is the promissory note generator free?
Yes, you can generate and preview promissory notes for free without signing up. Saving and exporting requires a free account.
What information do I need to generate a promissory note?
You'll need the borrower and lender names, loan amount, interest rate (or 0% for interest-free), repayment schedule, and whether the loan is secured by collateral.
What's the difference between a secured and unsecured promissory note?
A secured note is backed by collateral — an asset the lender can claim if the borrower defaults. An unsecured note relies solely on the borrower's promise to repay.
Does it export to Microsoft Word?
Yes. All promissory notes export as DOCX files compatible with Microsoft Word, Google Docs, and other word processors.
Are AI-generated promissory notes legally valid?
AI-generated promissory notes can be legally enforceable when properly executed and signed. For large loan amounts, attorney review is recommended.
Can I generate an interest-free promissory note?
Yes. Simply specify 0% interest or 'no interest' when describing the loan, and the AI will draft an interest-free promissory note.
Can I customize the repayment schedule?
Yes. Specify monthly installments, a lump-sum payment, or any custom schedule — the AI structures the repayment terms accordingly.

More AI Contract Tools

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Popular Templates

Start from a contract template and customize it inline.

30-DAY NOTICE TO VACATE
DATE: [DATE OF NOTICE]
TO (LANDLORD/PROPERTY MANAGER): [LANDLORD NAME] PROPERTY ADDRESS: [FULL RENTAL PROPERTY ADDRESS]
FROM (TENANT): [TENANT NAME(S)]
1. NOTICE OF INTENT TO VACATE
Please accept this formal written notice that I/we, the undersigned Tenant(s), intend to vacate the premises located at [FULL RENTAL PROPERTY ADDRESS] on or before [LAST DAY OF TENANCY], which is at least thirty (30) days from the date of this notice.
2. LEASE TERMINATION
This notice is provided in accordance with the terms of the Lease Agreement dated [LEASE START DATE] and pursuant to applicable state and local landlord-tenant laws. The tenancy shall conclude at the end of the day on [MOVE-OUT DATE].
3. REASON FOR VACATING
(Optional) [INSERT REASON FOR MOVING, E.G., END OF LEASE TERM, RELOCATION, ETC.]
4. SECURITY DEPOSIT RETURN
I/we request that the security deposit of $[DEPOSIT AMOUNT] be returned in full to the following forwarding address within the timeframe required by law: Forwarding Address: [NEW MAILING ADDRESS]
5. PRE-MOVE OUT INSPECTION
I/we request a joint walk-through inspection of the premises before the move-out d
30 day notice to vacate
AFFIDAVIT
STATE OF [STATE/PROVINCE] COUNTY OF [COUNTY]
1. IDENTIFICATION OF AFFIANT
I, [FULL LEGAL NAME], residing at [FULL ADDRESS], being of legal age and sound mind, do hereby solemnly swear and affirm under penalty of perjury that the following statements are true and correct to the best of my knowledge, information, and belief.
2. PURPOSE OF AFFIDAVIT
This Affidavit is executed for the purpose of [DESCRIBE PURPOSE, E.G., VERIFYING RESIDENCY, DECLARING IDENTITY, OR WITNESSING AN EVENT].
3. STATEMENT OF FACTS
I hereby attest to the following facts and circumstances:
* [FACT 1: Describe the first factual statement in detail.] * [FACT 2: Describe the second factual statement in detail.] * [FACT 3: Describe the third factual statement in detail.] * [FACT 4: Describe the fourth factual statement in detail.]
4. PERSONAL KNOWLEDGE
The facts stated in this Affidavit are within my personal knowledge and are true. I have not omitted any material facts that would make this statement misleading or inaccurate.
5. COMPETENCY
I am competent to testify to the matters stated herein and have full legal capacity to execute
Affidavit Template
SOFTWARE DEVELOPMENT AGREEMENT
EFFECTIVE DATE: [DATE]
This Software Development Agreement (the "Agreement") is entered into by and between:
DEVELOPER: [DEVELOPER NAME], a [STATE] [ENTITY TYPE], located at [ADDRESS] ("Developer").
CLIENT: [CLIENT NAME], a [STATE] [ENTITY TYPE], located at [ADDRESS] ("Client").
1. SERVICES AND SCOPE OF WORK
Developer agrees to perform the development services described in Exhibit A (the "Project"). Any changes to the scope must be agreed upon in writing via a Change Order signed by both parties.
2. COMPENSATION AND PAYMENT
Client shall pay Developer the total sum of $[AMOUNT]. Payments shall be made according to the following milestone schedule:
• [PERCENTAGE]% upon signing as a non-refundable deposit.
• [PERCENTAGE]% upon delivery of [MILESTONE 1].
• [PERCENTAGE]% upon Final Acceptance.
3. INTELLECTUAL PROPERTY RIGHTS
Upon full payment of all fees, Developer hereby assigns to Client all right, title, and interest in the Work Product created specifically for Client under this Agreement. Developer retains ownership of any pre-existing code, libraries, or tools ("Developer Materials") used in the Project, but grants Cli
app development contract

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