The City of San José processes requests for payoff demands of existing homebuyer and home repair loans, and affordability restrictions (i.e. Under the Loan Information section, you will find a payoff request option that will take you to our payoff request form.A mortgage payoff letter can come in two forms. One form tells borrowers the remaining principal amount and interest they have to pay to close out the loan. A payoff letter shows the remaining balance on your mortgage, including fees, interest, etc. Learn more about what a payoff quote is and how to request one. Apply for a loan or credit card. We have auto, home, personal loans, and credit cards designed to fit your financial needs and goals. Use SmartAsset's free California mortgage loan calculator to determine your monthly payments, including PMI, homeowners insurance, taxes, interest and more.