We will only issue a payoff good through the next Change Date. If the closing date is past the next Change Date an updated.Payoff Statement Form. Mortgage Servicing, July 27, 2021, Download. 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. Use this mortgage calculator to calculate estimated monthly mortgage payments and rate options. An amortization table shows the schedule for paying off a loan, such as a mortgage. Learn how to use one to determine your payoff schedule. You might fill out the paperwork to wire the money to your lender.