This includes the name and address of the lender as well as the borrower. The loan payoff statement includes your principal balance, any outstanding interest due, and potentially any prepayment penalty (if applicable).Edit, sign, and share payoff form online. No need to install software, just go to DocHub, and sign up instantly and for free. Make math easier with these free calculator templates. Some examples include payment of the wrong parcel and hospitalization on April 10. How do I obtain a Payoff Letter or a Lien Release? 1. How do I pay my City of Chicago unified utility bill? 1. 1. Enter the name and contact information of the mortgage servicer. Payments placed in this drop box will be processed the next business day.