Is my payoff amount the same as my current balance?
Your payoff amount is how much you will actually have to pay to satisfy the terms of your loan and completely pay off your debt. Your payoff amount is different from your current balance.
Your current balance might not reflect how much you actually have to pay to completely satisfy the loan. Your payoff amount also includes the payment of any interest you owe through the day you intend to pay off your loan. The payoff amount may also include other fees you have incurred and have not yet paid.
I want to pay off the remaining balance on my loan. How do I find that amount?
We can provide your payoff amount, which will include principal and interest, as well as other fees and costs on your account (if applicable). Contact us for your payoff amount.