Edit and download in PDF. I will repay the principal and interest of my Loan together in periodic installments during the Repayment Period.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. It should detail the amount due, itemizing any penalties or interest, along with any acceptable payment plans. This form is furnished to give you a statement of actual settlement costs. What's the True Cost of the Loan You Are Considering? Borrowing money can be an expensive proposition. I fully intend to pay off my loan and am requesting your help to get me back on track. I want to pay off my mortgage loan, so I called the servicer to ask how much it would cost.