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.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. A versatile form template designed to facilitate the process of requesting specific information from individuals, organizations, or businesses. The mortgage payoff statement is a document that provides a comprehensive breakdown of the remaining balance on a mortgage. A payoff letter provides instructions on how to pay off a loan with a lump sum before the loan term ends. Learn how payoff letters work. Contact your lender online or over the phone to request a payoff statement. How to fill out the Mortgage Payoff Statement Request Form?