A mortgage statement is an accounting of all of the details about your mortgage, including the current balance owed, interest charges, interest rate changes. Your mortgage statement contains important information about your loan balance and monthly payments.See what's included in this guide. The statement typically indicates the interest paid on a mortgage. Creditors must give the required disclosures to the consumer in writing, in a form that the consumer may keep, before consummation of the transaction. See a sample mortgage statement, learn how to read it, see what facts to watch for, and find out how long to keep your monthly statements with this guide. A mortgage lender might ask you to write a letter of explanation to better understand your finances when deciding whether to approve you for a loan. Example of an annual mortgage statement. It's easy to find your loan balance, home values, equity, escrow and other helpful details in one easy to use dashboard.