Create a Loan Payoff Letter online and download it as a PDF or Word document. Customize and print a blank Loan Payoff Letter for free.Loan reaffirmation form. Reaffirmation agreement on the studentaid. Private Loan Payoff Letter Template offers a clear and professional format for requesting an official statement of your loan payoff balance. A student loan payoff letter, also called a payoff statement or loan verification letter, outlines your loan's essential details.