Please submit the following information with the form: Deed of Trust; Borrower(s) Signed Authorization; The Signed Loan Payoff Request Form. This is an example of a payoff letter used in a syndicated loan transaction.This payoff letter (including the defined terms such as Lenders,. A payoff letter provides instructions on how to pay off a loan with a lump sum before the loan term ends. Learn how payoff letters work. Using a simple amortized loan as an example, I compute a loan payoff with Microsoft Excel. Use SmartAsset's free California mortgage loan calculator to determine your monthly payments, including PMI, homeowners insurance, taxes, interest and more. Use SmartAsset's free California mortgage loan calculator to determine your monthly payments, including PMI, homeowners insurance, taxes, interest and more. For each topic below, complete one or more of the following. •. Fill out Table 2 for each applicable PEP topic. •.