A 10 day payoff is crucial to getting your old loans paid off during a refinance. Learn how it works from start to finish.Do you need a loan payoff request form? Sample Student Loan Payoff Statement - Panacea Financial. To pay off all loans listed below, make a payment for the amount displayed in the Total Payoff. A 10day payoff statement tells you the amount you owe toward your loan in order for the loan to be closed and marked as "paid in full." This is an example of a payoff letter used in a syndicated loan transaction. Loan Payoff Request correspondence on SSFCU letterhead. Instructions. Fill out online and submit. Can I skip a payment and add it to the end of my loan?