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Wyoming Promissory Note - Interest-only Payments
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Wyoming Promissory Note - Interest-only Payments

This Promissory Note is used when the borrower agrees to make interest-only payments on a regular basis during the term of the loan, then repays the entire principal in one payment at the end of the term.

A completed Promissory Note (Interest-only Payment) will include the following information:

  1. Date of loan
  2. Amount of loan
  3. Interest rate
  4. Periodic due date for interest payments
  5. Date of final repayment
  6. Stipulation that the loan may be prepaid (i.e. repaid prior to the due date), in whole or in part, without penalty
  7. Name of lender and address where payments are to be sent
  8. Name and signature of borrower
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