Use this free simple promissory note template for Arizona when borrowing money from other businesses, family members, or friends. Private Loan Payoff Letter Template offers a clear and professional format for requesting an official statement of your loan payoff balance.If interest is charged, the rate should be included with a repayment schedule. Create a Loan Payoff Letter online and download it as a PDF or Word document. Customize and print a blank Loan Payoff Letter for free.