<prompt> Human: For instance, if you owe 100,000 on your house, but with interest the rest of your 30 year loan will come out to 200,000. If you sell it for 250,000, do you have to pay the 100,000 to pay off the principal or do you owe the entire 200?Minus the cost of early payoff penalty and closing costs and other fees of course.  <response>: You get what is called a payoff quote good till a certain date, FHA is till the end of a month. The amount is calculated using using your principal balance following your last payment plus the daily interest accrued per diem since your last payment. 