This is a sample Florida mortgage payoff authorization form and should not be used or relied upon for any real estate transaction. A payment plan agreement outlines an installment plan to repay an outstanding balance over a specified time frame.Edit, sign, and share sample payoff letter for private mortgage online. No need to install software, just go to DocHub, and sign up instantly and for free. This form is furnished to give you a statement of actual settlement costs. Calculate a mortgage payoff amount earlier to better understand what your loan payments balance. Learn how long it could take to get a pay off quote. In the event that you cosigned a loan, a lender will want an explanation letter ensuring that you are not the one making the payments. How to fill out the Mortgage Payoff Statement Request Form? Sample letter of explanation.