---
title: Payment plan agreement template
description: A free payment plan agreement template. Set the amounts and the dates, and the first payment can be collected as the document is signed.
---

# Payment plan agreement template

A customer agrees to pay an outstanding balance in instalments: the amount, the schedule, what happens if one is missed, and the first payment.

Use it when a client will pay in parts. It lists each payment and its date.

## Who signs

- Business
- Customer

## Before you send

- Write each amount and its date.
- Say what happens when a payment is late.
- Connect your Stripe account to take the first payment.

## The facts

- 3 pages
- 30 fields
- About 12 minutes to fill in