Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started.You're saying: "I am submitting more money than what I owe; here is how I want the payment processed. The payoff demand processing fee is paid in escrow. Please see more information in the Payoff Demand Instructions. This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,. A Valid Credential form with the Credentials Unit of the Santa Clara County Office of Education. A budget is a roadmap to plan your finances and keep track of where your money goes. Budgeting is a helpful tool whether you're working hard to make ends meet.