The mortgage payoff statement is a document that provides a comprehensive breakdown of the remaining balance on a mortgage. This is an example of a payoff letter used in a syndicated loan transaction.This payoff letter (including the defined terms such as Lenders,. Find out how much you'll pay in North Carolina state income taxes given your annual income. Customize using your filing status, deductions, exemptions and more. In this comprehensive guide, we'll explore the ins and outs of payoff letters, their purpose, and how to write one properly. Find out how much you'll pay in Virginia state income taxes given your annual income. Customize using your filing status, deductions, exemptions and more.