The mortgage payoff calculator helps you find out. A mortgage payoff statement details the total amount needed to fully pay off a loan as of a specific date.A 10 day payoff is crucial to getting your old loans paid off during a refinance. Learn how it works from start to finish. Last 4 digits of SSN. A 10 day payoff is crucial to getting your old loans paid off during a refinance. Learn how it works from start to finish. Thank you for your interest in a Utah Power Credit Union Home Equity Line of Credit. Low competitive home equity rates — plus: No application fees, no closing costs and no annual fee. Essentially, both state that the borrower will repay the loan.