Edit, sign, and share payoff letter template online. No need to install software, just go to DocHub, and sign up instantly and for free.A payoff agreement is an informal contract in which a creditor agrees to accept the balance of a debt owed as full payment. Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started. It may be possible to pay off your mortgage loan before the end of the loan term. Our Payoff Letter template facilitates easy loan settlements. This document clearly outlines the final payment amount, including any interest or fees. How to fill out the Payoff Request Letter Templates? A collection of all the forms and and documents that are posted on the San Diego Housing Commission's (SDHC) website, listed in one location.