New loan agreement

Start with the terms.

Capture the shared starting point. You can review the details immediately after they are saved.

The agreement basics
Use the names and terms both sides recognize. Monetary values are saved without floating-point rounding.

Identify both parties

Add the emails of two existing Tiesettle accounts to create a reviewable agreement. Leave them blank for a legacy schedule without acceptance.

Equal principal payments; interest decreases as the balance falls.

Allocated across installments; fees do not reduce principal.

Amount lent, in US dollars.

Annual percentage rate.

For example, California or Ontario.

Both sides should review the final agreement and seek local legal advice where appropriate.