This payoff letter template includes fields for personal information, amount owed, payment plan or full payment offer, and lender details. Any person requesting to modify or reestablish a Payment Agreement for Fines, Costs, Forfeitures and Penalties must complete the.A mortgage payoff letter can come in two forms. One form tells borrowers the remaining principal amount and interest they have to pay to close out the loan. Check your balance; View your payment history; See detailed bill information; Make additional payments; Set up a payment plan. This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,. Accept a discounted payoff. Welcome letter and several time-sensitive forms that will need to be filled out. Seller subsidies, or concessions, are payments from the Seller to the Buyer directly.