Confirmation Letters

Letter to Friend or Family Member Confirming Details of Personal Loan

Write this type of letter when you are confirming the details of a personal loan that you have entered into with your friend or family member. Include pertinent details, such as the loan amount, any interest fees, and payment plans, such as when you will repay the loan. You can also use this type of letter if you are the person to whom the loan money is owed.

[Your letterhead, if desired; if not, your return address]

[Date of letter-month, day, and year]

[Recipient's first and last names]
[Company name]
[Street or P.O. box address]
[City, State ZIP code]

Dear [recipient's name]:

Thank you so much for agreeing to loan me $700, to go toward my college tuition and expenses. I am writing to confirm the details of my repayment of this loan. As we discussed, I will pay you $100 per month for the next 6 months, and there will be no interest charges for this loan. I will also let you know right away if anything changes, such that I need to revise these arrangements.

Thank you again for your help. I truly appreciate it.

Sincerely,

[Signature]

[Sender's first and last names]

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