Edu for a Payoff Request. Edit, sign, and share vehicle payoff letter template online.No need to install software, just go to DocHub, and sign up instantly and for free. Edit, sign, and share sample payoff letter for private mortgage online. Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started. This form is furnished to give you a statement of actual settlement costs. Sample Loan Payoff Letter Fill Out, Sign Online and Download PDF. Check out this sample before drafting your own Loan Payoff Letter. Visit. A payoff agreement is an informal contract in which a creditor agrees to accept the balance of a debt owed as full payment.