Step 1: Choose the orange button "Get Form Here" on this web page. Step 2: Now it's easy to manage your car loan payoff letter.Follow the instructions carefully, ensuring accurate information input. 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. Make math easier with these free calculator templates. To receive a copy of a loan payoff statement, please fill out the below request form. Check out our loan payoff statement template selection for the very best in unique or custom, handmade pieces from our templates shops.