If you're applying for a business loan, renting an apartment, seeking private financing, or simply want to understand your net worth, a personal financial statement is one of the most important documents you can prepare. As a business and legal template writer with over 12 years of experience drafting financial documents for banks, private lenders, and individuals across the United States, I've created thousands of these forms — and today I'm giving you my proven, completely free personal financial statement template in both Microsoft Word and PDF formats.
This printable personal financial statement follows the exact format accepted by SBA lenders, commercial banks, private investors, and the U.S. Small Business Administration. Best of all — it's 100% free to download and use right now.
A personal financial statement (PFS) is a snapshot of your personal financial position at a specific point in time. It lists all of your assets, liabilities, and calculates your net worth (assets minus liabilities). The most common form used in the United States is SBA Form 413 — Personal Financial Statement, but many lenders accept or even prefer a clean, well-organized custom version.
In my experience helping clients nationwide, I've seen a properly completed free personal financial statement make the difference between loan approval and denial more times than I can count.
Common situations where you'll need a personal financial statement:
Click below to download your free template:
Download Free Personal Financial Statement Template (Word .docx)
Download Free Personal Financial Statement Template (PDF)
Both versions are fully editable, printable, and updated for 2025 requirements.
Based on my decade-plus reviewing thousands of these forms for lenders, here are the most common mistakes people make — and exactly how to avoid them.
Include your full legal name, Social Security Number (or ITIN), date of birth, address, and contact details. If married and filing jointly, include your spouse's information as well. Many lenders require both spouses' finances when one applies.
| Asset Type | How to Value | Common Mistakes |
|---|---|---|
| Cash & Checking/Savings | Use current bank statements | Using average balance instead of actual |
| Stocks/Bonds/Mutual Funds | Current market value (use brokerage statement) | Forgetting about restricted stock or vested RSUs |
| Retirement Accounts (401(k), IRA, etc.) | Vested balance only (no future contributions) | Including employer match not yet credited |
| Real Estate | Current market value (Zestimate OK for initial, but appraisal better) | Using purchase price or tax assessed value |
| Automobiles | Kelley Blue Book private party value | Using what you "think" it's worth |
| Personal Property | Garage sale value (not replacement cost) | Overvaluing jewelry, art, collectibles |
Be 100% honest here — lenders will pull your credit report anyway. Common liabilities include:
Pro tip from experience: Many people forget contingent liabilities. If you co-signed your kid's student loan or a business partner's note, you MUST disclose it here — even if you're not currently making payments.
List your actual take-home pay, rental income, investment income, etc. Don't inflate numbers — lenders will request tax returns (usually last 2-3 years).
The official SBA Personal Financial Statement (Form 413) can be found at: https://www.sba.gov/document/sba-form-413-personal-financial-statement
While SBA Form 413 is required for all SBA loans, many banks and private lenders accept alternative formats as long as they contain the same information. In my experience, this free personal financial statement template is actually preferred by many lenders because it's cleaner and easier to read than the government form.
Yes — for individuals. A personal financial statement is simply a personal balance sheet showing assets, liabilities, and net worth.
If you're married and live in a community property state (AZ, CA, ID, LA, NV, NM, TX, WA, WI), generally yes. Even in non-community property states, most lenders require both spouses when one applies for credit.
For initial applications, yes. But be prepared to provide documentation (bank statements, brokerage statements, appraisals) if requested.
Any time there's a material change (new debt, major purchase, inheritance, etc.), or at least annually.
This free personal financial statement template is provided for informational purposes only and does not constitute legal, tax, or financial advice. While this template is used successfully by thousands of borrowers nationwide, it is not guaranteed to be accepted by every lender. Always consult with a qualified attorney, CPA, or financial advisor for your specific situation. The author and website assume no liability for any consequences arising from use of this template.
Don't pay $20-50 for templates on other sites. Get my battle-tested, lender-approved version absolutely free:
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You'll be ready to apply for financing in minutes. Good luck — I've seen this exact free personal financial statement template help clients secure millions in financing. It will work for you too.
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