The mortgage payoff statement is a document that provides a comprehensive breakdown of the remaining balance on a mortgage. Mortgage payoff statement and arrange for availability of discharge if privately held mortgage. e).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. "Payoff amount" is generally higher than the remaining balance on the home. For existing Suffolk Building Society mortgage borrowers who may have problems paying their mortgage we are here to help. A mortgage payoff statement offers a clearer picture to the true cost of paying off your loan. SmartAsset's New York paycheck calculator shows your hourly and salary income after federal, state and local taxes. If anyone would like to address the Committee this morning, please fill out a yellow card. The direct phone number is (631) 852-2000.