Please accept this as my authorization to issue a payoff statement to. Through an effective date of .By including a per diem amount in the letter, the parties will not have to execute another payoff letter if the termination date. It typically details the principal balance, interest due as of that date, per diem, any late fees, etc. Per Diem: The per diem amount obtained from the creditor. The repayment terms are stated in full in the Subsidy Mortgage and Subsidy Note. Please complete all applicable fields below. If eligibility is established, the lender may print the COE for their records. This eliminates completing a paper application (VA.