Free Personal Financial Statements (Word, Excel, PDF)
Statements
by nellakorpela
Lenders often ask for a personal financial statement before approving a loan, since it lays out your assets, debts, and net worth on one page. These 48 templates help individuals, business owners, and loan applicants summarize what they own and owe in a clear format that banks and partners recognize.
The Excel versions total assets and liabilities for you, while the Word and PDF copies suit a printed, signed submission. Enter your accounts, property, and debts honestly, since these statements are often used for credit decisions. Figures should be accurate and current, so update them before each use. Download the version that fits and present your finances with confidence.
When to use this Personal Financial Statement template
- Small business owners preparing for a bank loan application need a clear breakdown of personal assets like real estate and investments alongside outstanding business and personal debt for lender review.
- Freelancers or contractors applying for a freelance business line of credit must provide a personal financial statement to prove income stability and collateral value to secure favorable terms.
- Individuals buying a home through an SBA loan program require this statement to show lenders their liquidity and net worth, which influences loan approval and mortgage rates.
- Retired couples applying for a reverse mortgage must document all assets, including retirement accounts and property, in a standardized format to meet financial eligibility requirements.
Which format should I download?
Choose Excel for automated calculations—ideal if you need to track monthly changes in assets and debts or require a dynamic summary of net worth over time. Opt for Word when you want to customize the layout or add handwritten notes before printing for meetings with lenders. Use PDF exclusively if you need a fillable, secure, and print-ready version that maintains formatting for submissions via email or in-person, especially when lenders request a digital copy.
How to use this Personal Financial Statement template
Do these templates comply with lender requirements for a personal financial statement?
These templates follow common industry standards and provide the foundational sections lenders typically expect, such as assets, liabilities, and net worth. However, always confirm with your specific lender or financial advisor, as requirements may vary by institution or loan program. Use these as a starting point and tailor them to match any additional fields your lender requests.
What if my assets or debts are complex, like a family trust or student loans in deferment?
These templates include spaces for detailed descriptions—use them to explain unusual assets like trusts or deferred loans. For items requiring additional documentation, note this in the template and attach supporting paperwork separately. Clarity in descriptions helps lenders assess your financial position accurately, even with non-standard holdings.
Can I use the same personal financial statement for both a personal loan and a business loan application?
While the core template structure is similar, lenders may require separate statements for personal versus business loans to distinguish between personal and business liabilities. If applying for both, prepare two versions—one highlighting personal assets/debts and another focusing on business-related figures. Consult your lender to ensure compliance with their specific guidelines.
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