Many mortgages let you pay off the loan early to save money on interest. The PNC Mortgage Bi-Weekly Automated Payment Program helps you pay off your mortgage loan faster and reduce interest payments.Learn more about Salem Five Bank's mortgage and credit loan payoff procedures and policies, including loan payoff statement requests. The repayment terms are stated in full in the Subsidy Mortgage and Subsidy Note. Please complete all applicable fields below. Payoff of first mortgage loan. 103. Refinancing, making a home loan, the proceeds of which are used to pay off all or part of an existing home loan. I want to calculate how much faster I will pay off a mortgage if I make extra payments toward principal every month. Adjusting paperwork with our comprehensive and user-friendly PDF editor is easy.