This document clearly outlines the final payment amount, including any interest or fees, providing a mutual understanding between the borrower and the lender. You would write in the memo section of the check; "please credit this payment against the principle of my loan", along with your account number.The mortgage payoff calculator helps you find out. This is an example of a payoff letter used in a syndicated loan transaction. 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. All overnight and out-of-state trips require approval of the Board of Education. When the Trustee receives unexpected extra payments, he will wonder where you got the extra money, and it won't shorten your "commitment period". Millions of families face eviction each year, whether through formal court processes or through extra-legal evictions. How can I check my account balance?