Loan agreement between individuals — Worked input example

Set the loan amount, actual transfer, repayment and interest without automatic penalties. Worked input example.

Prepare information from this template’s actual fields. Your choices determine additional inputs; selecting an option does not establish authority, a right or an event.

Legal templates and their PDF/Word text are in Latvian. This is a completion guide, not a signed document or a legal opinion.

DEMONSTRATION — invented input examples. They are never inserted into your document and do not establish identity, payment, authority, rights or an event.

Information and checks before completion

Input field	What to prepare	Demonstration entry
Lender: party type	Choose one of the template’s actual options. Compare the additional requirements triggered by the choice. Required when the field is active.	No option is selected in this example; compare the available options below.
Lender: full name or entity name	Enter the precise, verifiable information requested here; refer to evidence rather than giving unsupported assurances. Required when the field is active.	DEMO — enter the verifiable actual circumstances here.
Lender: address	Enter the precise, verifiable information requested here; refer to evidence rather than giving unsupported assurances. Required when the field is active.	DEMO — enter the verifiable actual circumstances here.
Lender: email	Enter the actual contact email of the relevant person. The field does not verify that email address. Not unconditionally marked as required; a particular choice may make it required.	demo@example.invalid — a non-working demonstration address
Lender: personal identity number or other identifier / registration number	Enter the precise, verifiable information requested here; refer to evidence rather than giving unsupported assurances. Not unconditionally marked as required; a particular choice may make it required.	DEMO — enter the verifiable actual circumstances here.
Lender: telephone	Enter the precise, verifiable information requested here; refer to evidence rather than giving unsupported assurances. Not unconditionally marked as required; a particular choice may make it required.	DEMO — enter the verifiable actual circumstances here.
Lender: bank account (IBAN)	Enter the precise, verifiable information requested here; refer to evidence rather than giving unsupported assurances. Not unconditionally marked as required; a particular choice may make it required.	DEMO — enter the verifiable actual circumstances here.
Lender: VAT registration number (if applicable)	Enter the precise, verifiable information requested here; refer to evidence rather than giving unsupported assurances. Not unconditionally marked as required; a particular choice may make it required. Shown when you choose: Lender: party type = Legal entity.	DEMO — enter the verifiable actual circumstances here.
Lender: legal entity’s representative	Enter the precise, verifiable information requested here; refer to evidence rather than giving unsupported assurances. Not unconditionally marked as required; a particular choice may make it required. Shown when you choose: Lender: party type = Legal entity.	DEMO — enter the verifiable actual circumstances here.
Lender: basis of representation	Enter the precise, verifiable information requested here; refer to evidence rather than giving unsupported assurances. Not unconditionally marked as required; a particular choice may make it required. Shown when you choose: Lender: party type = Legal entity.	DEMO — enter the verifiable actual circumstances here.
Borrower: party type	Choose one of the template’s actual options. Compare the additional requirements triggered by the choice. Required when the field is active.	No option is selected in this example; compare the available options below.
Borrower: full name or entity name	Enter the precise, verifiable information requested here; refer to evidence rather than giving unsupported assurances. Required when the field is active.	DEMO — enter the verifiable actual circumstances here.
Borrower: address	Enter the precise, verifiable information requested here; refer to evidence rather than giving unsupported assurances. Required when the field is active.	DEMO — enter the verifiable actual circumstances here.
Borrower: email	Enter the actual contact email of the relevant person. The field does not verify that email address. Not unconditionally marked as required; a particular choice may make it required.	demo@example.invalid — a non-working demonstration address
Borrower: personal identity number or other identifier / registration number	Enter the precise, verifiable information requested here; refer to evidence rather than giving unsupported assurances. Not unconditionally marked as required; a particular choice may make it required.	DEMO — enter the verifiable actual circumstances here.
Borrower: telephone	Enter the precise, verifiable information requested here; refer to evidence rather than giving unsupported assurances. Not unconditionally marked as required; a particular choice may make it required.	DEMO — enter the verifiable actual circumstances here.
Borrower: bank account (IBAN)	Enter the precise, verifiable information requested here; refer to evidence rather than giving unsupported assurances. Not unconditionally marked as required; a particular choice may make it required.	DEMO — enter the verifiable actual circumstances here.
Borrower: VAT registration number (if applicable)	Enter the precise, verifiable information requested here; refer to evidence rather than giving unsupported assurances. Not unconditionally marked as required; a particular choice may make it required. Shown when you choose: Borrower: party type = Legal entity.	DEMO — enter the verifiable actual circumstances here.
Borrower: legal entity’s representative	Enter the precise, verifiable information requested here; refer to evidence rather than giving unsupported assurances. Not unconditionally marked as required; a particular choice may make it required. Shown when you choose: Borrower: party type = Legal entity.	DEMO — enter the verifiable actual circumstances here.
Borrower: basis of representation	Enter the precise, verifiable information requested here; refer to evidence rather than giving unsupported assurances. Not unconditionally marked as required; a particular choice may make it required. Shown when you choose: Borrower: party type = Legal entity.	DEMO — enter the verifiable actual circumstances here.
Document date	Choose the date that fits this field’s purpose. The document date, event date and receipt date are not automatically the same date. Required when the field is active.	2030-04-15 — format example only, not an actual date
Place of preparation	Enter the precise, verifiable information requested here; refer to evidence rather than giving unsupported assurances. Required when the field is active.	DEMO — enter the verifiable actual circumstances here.
Loan principal	Enter the amount in the currency stated by the field and separately check whether tax belongs in it. A planned payment is not money received. Required when the field is active.	DEMO: 125.00
Transfer method, date and actual receipt status	Describe the actual circumstances, a party’s obligation or the reference to evidence. Generic example text is not an actual agreed condition. Required when the field is active.	DEMO — enter the verifiable actual circumstances here.
Repayment deadline	Choose the date that fits this field’s purpose. The document date, event date and receipt date are not automatically the same date. Required when the field is active.	2030-04-15 — format example only, not an actual date
Repayment schedule and secure confirmation of payee details	Describe the actual circumstances, a party’s obligation or the reference to evidence. Generic example text is not an actual agreed condition. Required when the field is active.	DEMO — enter the verifiable actual circumstances here.
Agreed loan interest and calculation	Describe the actual circumstances, a party’s obligation or the reference to evidence. Generic example text is not an actual agreed condition. Not unconditionally marked as required; a particular choice may make it required.	DEMO — enter the verifiable actual circumstances here.
Security and other individual terms	Describe the actual circumstances, a party’s obligation or the reference to evidence. Generic example text is not an actual agreed condition. Required when the field is active.	DEMO — enter the verifiable actual circumstances here.
Your additional terms	Add terms for your situation after agreeing them. Separately check conflicts with the rest of the document. Not unconditionally marked as required; a particular choice may make it required.	DEMO — draft and agree the additional condition separately.
Lender’s actual activity	Choose one of the template’s actual options. Compare the additional requirements triggered by the choice. Required when the field is active.	No option is selected in this example; compare the available options below.
Status of the transfer of money	Choose one of the template’s actual options. Compare the additional requirements triggered by the choice. Required when the field is active.	No option is selected in this example; compare the available options below.
Input field 32Exact field label in the Latvian editor: Pārbaudītā faktiski nodotā summa eiro	Enter the amount in the currency stated by the field and separately check whether tax belongs in it. A planned payment is not money received. Not unconditionally marked as required; a particular choice may make it required. Limits stated in the schema: minimum: 0, step: 0.01.	DEMO: 125.00
Agreed interest for use of the loan	Choose one of the template’s actual options. Compare the additional requirements triggered by the choice. Required when the field is active.	No option is selected in this example; compare the available options below.
Simple annual interest rate	Enter the count or quantity requested by the field. Observe its unit and limits. Not unconditionally marked as required; a particular choice may make it required. Limits stated in the schema: minimum: 0, step: 0.01.	DEMO: 2.00
Interest start date, calculation basis and payment period	Describe the actual circumstances, a party’s obligation or the reference to evidence. Generic example text is not an actual agreed condition. Not unconditionally marked as required; a particular choice may make it required.	DEMO — enter the verifiable actual circumstances here.
Input field 36Exact field label in the Latvian editor: Pārskaitījuma vai atsevišķas kvīts atsauce	Describe the actual circumstances, a party’s obligation or the reference to evidence. Generic example text is not an actual agreed condition. Not unconditionally marked as required; a particular choice may make it required.	DEMO — enter the verifiable actual circumstances here.
I have checked the document details and conditions of use.	Tick only after the required review. A tick is not approval by an external authority. Required when the field is active.	Do not tick this until you have checked the statement yourself.
Participants’ ages and representation arrangements	Choose one of the template’s actual options. Compare the additional requirements triggered by the choice. Required when the field is active.	No option is selected in this example; compare the available options below.
Method of transferring the money	Choose one of the template’s actual options. Compare the additional requirements triggered by the choice. Required when the field is active.	No option is selected in this example; compare the available options below.

Review the options and dependent fields

Lender: party type

Editor option	Which information changes
Individual	The schema has no direct additional-field requirement for this option. Other document checks still apply.
Legal entity	This option displays: Lender: VAT registration number (if applicable); Lender: legal entity’s representative; Lender: basis of representation.

Borrower: party type

Editor option	Which information changes
Individual	The schema has no direct additional-field requirement for this option. Other document checks still apply.
Legal entity	This option displays: Borrower: VAT registration number (if applicable); Borrower: legal entity’s representative; Borrower: basis of representation.

Lender’s actual activity

Editor option	Which information changes
One-off private transaction outside professional lending	The schema has no direct additional-field requirement for this option. Other document checks still apply.
Business/professional lending — review of other requirements	The schema has no direct additional-field requirement for this option. Other document checks still apply.
Needs to be established	The schema has no direct additional-field requirement for this option. Other document checks still apply.

Status of the transfer of money

Editor option	Which information changes
Not yet handed over	The schema has no direct additional-field requirement for this option. Other document checks still apply.
Part actually handed over	This option additionally requires: Input field [Pārbaudītā faktiski nodotā summa eiro]; Input field [Pārskaitījuma vai atsevišķas kvīts atsauce].
The entire stated amount actually handed over	This option additionally requires: Input field [Pārbaudītā faktiski nodotā summa eiro]; Input field [Pārskaitījuma vai atsevišķas kvīts atsauce].

Agreed interest for use of the loan

Editor option	Which information changes
No agreed interest for use	The schema has no direct additional-field requirement for this option. Other document checks still apply.
Specific simple annual interest rate	This option additionally requires: Simple annual interest rate; Interest start date, calculation basis and payment period.

Participants’ ages and representation arrangements

Editor option	Which information changes
Both participants are adults and enter into the transaction themselves	The schema has no direct additional-field requirement for this option. Other document checks still apply.
A minor is involved or special review of representation is needed	The schema has no direct additional-field requirement for this option. Other document checks still apply.
Verification required	The schema has no direct additional-field requirement for this option. Other document checks still apply.

Method of transferring the money

Editor option	Which information changes
Bank transfer	This option additionally requires: Borrower: bank account (IBAN).
Cash	The schema has no direct additional-field requirement for this option. Other document checks still apply.

Open the actual template →

Questions about completion

What should I prepare for this document?

Use the specific field list and option table. This template has 39 fields; 19 are required by the schema when active. Additional conditions may require other inputs.

Will demonstration values fill my document?

No. The example exists only in this public guide. Enter your actual information in the template; this page saves nothing and creates no document.

Can I submit a completed example immediately?

Not automatically. Check the actual parties, conditions, attachments, signing and submission procedure. A completed file is not a signature, proof of payment or an authority’s decision.

Sources already listed for this template

Sources come from this template’s published metadata; this guide does not certify a new legal review or fulfilment of every requirement.