Payoff letters aren't the only way to learn about your current loan balance. You can also talk to your lender and request a verbal payoff quote.Say you have a mortgage and want to know exactly how much you'd need to pay to satisfy the loan. A mortgage payoff letter will tell you that magic number. The Vehicle Payoff Sample Letter form is a crucial document for individuals aiming to transfer their vehicle loan to the State Department Federal Credit Union. Edit, sign, and share short payoff letter online. No need to install software, just go to DocHub, and sign up instantly and for free.