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.The mortgage payoff calculator helps you find out. 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. Obtain a current Payoff Figure from a loan account. We don't sell your information to a third party. If their gift is too large, they may have to fill out a gift tax form when filing returns. These documents include deeds, mortgages, land contracts, financing statements, and liens. This office does not provide or prepare blank documents.