Whatever your principal balance is, that will be your payoff. If you are selling your house, the title company will need a payoff amount from your current mortgage lender. That payoff amount will be good until a certain date. If you pay it off earlier, you will get a refund.
Gustan Cho NMLS
A Division of DAS ACQUISITION COMPANY NMLS 227262
The Gustan Cho Team at USA MORTGAGE