The payoff amount isn't just your outstanding balance; it also encompasses any interest you owe and potential fees your lender might charge. For an official statement verifying your existing mortgage balance, monthly payments, and any late payments, please complete a 3rd Party Authorization form.You can also request a payoff statement. Log in to Online Banking or use the mobile app. The 1098 statement details all interest, taxes, and insurance paid on a mortgage for a given year. The mortgage payoff statement is a document that provides a comprehensive breakdown of the remaining balance on a mortgage. Your Mortgage Interest Statement (Form 1098) will be mailed to you in late January. Payoff. Borrower can request a payoff statement on the website. Statements.