A loan agreement is a legal document between a creditor who lends money to a borrower that is repaid with interest. In the box at the top of the agreement, enter the amount of the loan.The first field is for the numerical value (e.g. General Program Guidelines. 1. A personal loan agreement is a contract between two parties, generally a borrower and a lender. It outlines how much is borrowed, how it's repaid and more. A personal loan agreement can protect both you and the borrower when you lend money. Use our step-by-step guide for how to write a personal loan agreement. How to fill out the Comprehensive Loan Agreement Template for Borrowers? 1. Enter the Borrower's Full Name and Complete Address. 2.