Free Payment Agreement Template

A payment agreement is a legally binding contract with the terms and conditions for the repayment of a financial transaction (or a debt) between two parties.
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How to write a simple payment agreement

First, download the template and save it as a PDF or as a DOCX document. We’re also offering the option to save the contract template to your Google Drive folder. Once you’ve got the template, start editing it by filling in all of the blanks, and then sign the payment agreement. Lastly, share the contract to the other party.

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1. Save the agreement

Download the payment agreement template as a PDF, DOCX, or save it to Google Drive.

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2. Update it to your needs

Proceed to type all of the needed information within the payment agreement template.

3. Electronically sign, share

Drag and drop your electronic signature on the payment agreement template and share it further.

Legally binding payment agreement letter

Whether you are the debtor or the credit of the payment agreement template, know that we've dedicated this template to you. Moreover, when building this contract template, we wanted to make sure that it is clear and easy to understand for all of the parties, regardless of the individuals' experience with contracts, eSignatures and legal documents. Use our payment agreement template in order to never miss details again about payments.

payment agreement template for phone users

Free of charge

You don't have to pay a single dollar in order to use this payment agreement template. All you have to do is download a copy of the contract, start editing it to your needs, and then share it to the other party.

Easily accessible

You can take SignHouse's electronic signature maker and the payment agreement template wherever you go, as we've optimised our tool to be accessible on all platforms. We work on all desktop & mobile devices.


Our payment agreement template was made with the help of professional legal advisors. Fear not, you're in good hands, as we've got the right advice in order to make sure that we offer the most complete contract.

Earn more time

Instead of writing the payment agreement template all by yourself every time, we've done it for you. Save the template and use it as many times you need it - no need to waste any time on writing contracts yourself.

Why use our Payment Agreement Template?

We don't want to say that you should simply go ahead and pick our product. Instead, we want to show you the benefits that SignHouse brings with the payment agreement template. One of the best advantages of our template is that it is free forever and that you can use it on any of your devices, whether that's a phone, a tablet, or a computer.

Many templates

Aside from the payment agreement template, we've built a library with many free contract templates that you can use at any time. With each new day, we're doing our best to fulfil your legal-files needs.

Privacy matters

We totally get it - using SignHouse means that you'll use your signature and many important files. That's why we're never sending them away without your will. Want to read more about privacy? Click here.

Made for everyone

Whether you know your way around computers or not, there's no need to worry - we've made the payment agreement template easy to use for everybody, no matter how much experience they have. It's easy!

Always here for you

Need any help with the payment agreement template and SignHouse? Press the bubble in the bottom-right corner of any page on our website, and you'll get in touch with our live support agents.

What they say about us

No-brainer pricing for a small business - or even big business, I reckon : - )

Tried the product. Worked like a charm. Never had any problem + the clean UI got us. Wish there would be more features, but I believe in the team behind.
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Founder, CEO
SignHouse has been nothing short of convenient, efficient and fast. Oh and top notch customer support too...

Couldn't ask for more!
Julie M.
Executive Administrative Assistant
SignHouse has made a big difference in the workflow of my business. Sure there are other, more mature e-signing platforms out there, but they are all convoluted and too focused on big, enterprise companies. It feels like SignHouse is on our side.
Michael B.
Photography Consultant
Getting documents to parents is significantly simpler now. However, even more importantly, parents aren't getting lost in the signing process anymore. 👍
Sandy T
SignHouse was AMAZING for what we needed. "Do one thing and do it well" - they've nailed that, as everyone is very happy with the product here.

Looking forward to seeing how the product develops, as the team is super ambitious.
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Frequently asked questions

Are your electronic signatures legal?

Our signatures are 100% legally binding, as SignHouse is built around US and International Laws concerning digital signatures. SignHouse eSignatures are on par with paper signatures, from a legal point of view!

Signing papers digitally started being equal to physical, handwritten signatures in the U.S. eSignature Act of 2000 (U.S. Federal Act) + the Uniform Electronic Transaction Act (UETA). As a consequence, laws in other countries have followed suit. SignHouse is built around these laws.

Are you adding an actual eSignature or just an image?

All signatures are a real, eSignature that is 100% legally binding.

We save important, relevant data (that can be used legally in all types of situations, including in courts) such as identifiable details of a person, IP addresses, etc, just so our electronic signatures can be as valid as digital signatures can get.

What about privacy and security?

SignHouse's signatures are secure for all kinds of businesses and companies. All our signatures happen on a secure, SSL-connected domain. Documents are not made public and unique keys are generated through SignHouse so that privacy and security are at the foundation of the documents on our platform.

How do my signees get to sign with SignHouse?

We've streamlined the signing process so that your signees can sign your documents with no hurdles at all — and with the smallest amount of steps required. It can take as little as 30 seconds! 

How do you compare to ______?

We have a generous free plan, so we highly encourage you to make the comparison yourself! It costs you nothing - and no hard feelings if you don't want to go with us.

We would really love to know what made you go with us or somebody else! If you could take a moment to write to us about that, we'd highly appreciate it.

What if I have more questions?

Then we're standing by to help. Contact us, and we'll do our best to help 🤗