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.Please include your name, property address, your loan number, and the specific error or information you are requesting in your letter. A payoff letter shows the remaining balance on your mortgage, including fees, interest, etc. Learn more about what a payoff quote is and how to request one. You can attach the signed authorization form below. Payoff Statement Form. Mortgage Servicing, July 27, 2021, Download.