I make this affidavit with the approval of the Estate or Trust, in order to induce New York Title. Title No. STATE OF NEW YORK : : ss.Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started. Payoff letter which states the entire payoff amount, including, but not limited to, the current outstanding principal balance of loan and accrued interest. Payoff letter which states the entire payoff amount, including, but not limited to, the current outstanding principal balance of loan and accrued interest. New York, NY. Mortgage. How can I have my down payment assistance (DPAL) loan released from a satisfied loan? Request your free payoff quote in one of two convenient ways. You'll choose your good-through date up to 30 days.