Phrases with «payoff statement»

A payoff statement is a document that provides an amount of money needed to completely pay off a debt or loan. It includes the remaining balance, interest, and any other fees or charges associated with the loan. Essentially, it tells you how much you need to pay to be debt-free. Full definition

Sentences with «payoff statement»

  • A mortgage payoff statement provided by your lender shows the total amount needed to pay off and close the account, including interest, administrative fees and your remaining loan balance. (sapling.com)
  • Your first step should be to ask your lender for a complete payoff statement so you know exactly what you owe. (rismedia.com)
  • Those who want to refinance with Laurel Road need a government - issued photo ID, payoff statements for all loans they wish to refinance, and two recent pay stubs. (studentloans.net)
  • (see all sentences)
a b c d e f g h i j k l m n o p q r s t u v w x y z