New Hampshire Promissory Note Templates

Create a high quality document online now!

Updated June 13, 2022

A New Hampshire promissory note template helps to ensure a lender in a money-lending transaction is reimbursed the loaned balance plus interest from a borrower in a timely fashion. To help ensure this, both parties will need to agree on the details surrounding the agreement such as payment types, interest rates, penalties, and other important areas. Additionally, the notes serve as legal documents because both parties’ signatures plus a witness’ signature are required on the documents.

Usury Rate – There is no legal limit on interest rates. It is unclear whether an exorbitant rate could be considered “unfair” under the New Hampshire Consumer Protection Act and hence unlawful.

LawsN.H. Rev. Stat. Ann. § 336:1, § 358-A:2

Types (2)

Secured Promissory Note – Includes a section for secure lending. Security works by using a piece of property relatively equal to the loaned amount of money. If the borrower fails to make payments and defaults on the balance, the lender receives the item in security to help offset the unpaid balance.

Download: Adobe PDFMS Word (.docx)OpenDocument



Unsecured Promissory Note – Does not include an area where security can be declared. This adds considerable risk to the transaction for the lender. If the borrower enters into default on the balance, the lender has no concrete way of obtaining the unpaid balance. One option is to bring the borrower to small claims court.

Download: Adobe PDFMS Word (.docx)OpenDocument



Usury Rate

The legal rate of interest in New Hampshire is 10% per year unless otherwise agreed in writing. NH ST § 336:1

(Video) What is a New Hampshire Promissory Note?

How to Write

Step 1 – Download a New Hampshire note document –

  • Submit the document’s start date, in mm/dd/yyyy format
  • Name of Borrower
  • Borrower’s mailing address
  • AND
  • Name of Lender
  • Lender’s mailing address
  • AND
  • Submit the amount of the principal of the note
  • Submit any unpaid annual percentage rate

Step 2 – Payments –

  • Enter the complete amount of the note, payable on the due date
  • Be certain to include all late fees and accrued interest

Installments –Select a payment method (check the applicable box:

  • Enter the complete note amount
  • Submit the the note’s princial amount
  • Select payment frequency (check the applicable box)
  • Provide required fee amount for late payments

Step 3 – Security-

  • Check the applicable box indicating the type of loan
  • If the note will be“secured,” submit a property description

Step 4 – Titled Sections and Subsections –

  • Interest due in the Event of Default
  • Allocation of Payments
  • Prepayment
  • Acceleration (and 6A.)
  • Attorney’s Fees and Costs
  • Waiver of Presentments
  • Non-Waiver
  • Severability
  • Integration
  • Conflicting Terms
  • Notice
  • Co-Signer – Co-signer’s name
  • Execution
  • Governing Law – (Under New Hampshire state law)

Step 5 – Signatures – Signatories will sign before the witness:

  • Signature of lender
  • Signature dated as of mm/dd/yyyy
  • Print name
  • AND
  • Signature of borrower as of mm/dd/yyyy
  • Signature dated as of mm/dd/yyyy
  • Print name
  • AND
  • Signature of any Co-signer
  • Signature dated as of mm/dd/yyyy
  • Print name
  • AND
  • Signature of Witness (after witnessing signatures of all parties) mm/dd/yyyy
  • Print name