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. This form is furnished to give you a statement of actual settlement costs.Documentation showing participation in other mortgage assistance program(s). A mortgage statement is an accounting of all of the details about your mortgage, including the current balance owed, interest charges, interest rate changes. Checking the Balance and Interest Rate; 2. Reviewing Escrow Payments and Any Changes; 3. This form is a statement of final loan terms and closing costs. Similar population growth led to a housing shortage in the Salt Lake City area the year prior.