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.Making extra mortgage payments can help pay off your mortgage early and save money on interest. Does prepaying make sense? The Homeowner Mortgage Servicing Unit is open and available to process your requests during regular business hours. Processing times is currently 8 weeks. This guide will help you learn mortgage math, allowing you to confidently calculate how much you need to pay off your mortgage. A payoff request can be created and mailed for free. How long does it take to obtain a payoff? Make extra house payments.