Family Loan Contract
Good intentions deserve a clear plan.
Put your agreement with family or friends in writing. Chipkie prepares your Loan Deed from the amounts, dates and repayment terms you enter, ready for everyone to review and sign online.
A$6.95
One-off payment in AUD.
No subscription.
You add the contract while you set the loan up.
Loan Deed
Your agreement. In black and white.
- The people involved
- Lender and borrower details
- The agreed terms
- Amount, dates and repayments
- Every party
- Review and sign online
- For family and friends
- Signed document to keep
- Clear terms for both sides
What is a family loan contract?
A family loan contract records who is lending, who is borrowing and how the money will be repaid. You may also know it as a family loan agreement. Chipkie’s document for Australia is a Loan Deed: a shared record of the amount, dates and repayment terms you agree together.
A little clarity today. Fewer questions tomorrow.
More than a document.
A record to keep.
Keep the agreement, the repayment plan and the supporting record together.
All included for A$6.95
Your terms, written down
Record the amount, dates and repayment arrangements you agree with each other. Everyone can review the same document before signing.
A clear repayment plan
See the repayment schedule, including interest if you choose to charge it, so both sides know what to expect.
A record you can keep
Keep the signed PDF and an evidence pack showing what was agreed and when.
Support for the next step
Your purchase includes a demand-letter template if you later need to put a repayment request in writing.
A clear path from
agreed to signed.
Bring your agreed details. Chipkie prepares the document.
Agree the essentials
Talk through the amount, repayment dates and any interest with the person you are lending to or borrowing from.
Set up your loan
Enter your agreed details in Chipkie and add the contract during loan setup.
Review, sign and keep
Every party reviews and signs online. Keep the completed document with your repayment records.
Have these details ready
- The names and email addresses of everyone involved
- The loan amount and the date the money is lent
- Your repayment amounts, frequency and dates
- Whether you will charge interest, and the agreed rate
The right document.
At the right moment.
Loan Deed
Set out a family loan’s amount, repayment terms and the agreement between the parties.
Deed of Release
Record that an existing Chipkie loan has been repaid in full.
A$9.95 · one-off
A few questions,
answered.
Know what you’re getting before you begin.
Is a family loan agreement the same as a family loan contract?
People use both terms when looking for a written agreement about lending money to someone they know. The legal form of the document still matters. Chipkie provides a Loan Deed for Australia; review that document and its terms before signing.
Can I use it for a loan between friends?
Yes. The Loan Deed is for money lent between family or friends. Both sides agree the terms, enter them in Chipkie and review the document before signing.
Can the loan include interest?
You can enter interest if you choose to charge it, and the repayment schedule reflects the terms you provide. Check the rules that apply to your circumstances before agreeing the rate.
What do I receive with the contract?
The purchase includes a signed PDF once every party has signed, a full repayment schedule, an evidence pack and a demand-letter template.
Does Chipkie provide the money?
Chipkie is not a lender and provides no credit. The money is lent between the people named in the loan; Chipkie helps you record the agreement.
When would I need a loan release?
A loan release is a separate document for closing a Chipkie loan after it has been repaid in full. Start with the loan contract when you are agreeing the loan terms.
Start with a shared understanding.
Agree the details together. Then give your family loan a clear written record.