Not everyone receives a periodic mortgage statement. Some people may receive a coupon book. To see a sample mortgage statement, visit the Making Home Affordable website. Some common terms and information found on mortgage statements include your:

• Servicer Contact Information – name, address, and phone number of the company that is servicing your loan.
• Loan Number – the account number for your loan.
• Interest Rate – the amount charged for the use of the money you borrow.
• Taxes Paid/Escrow Balance – how much property tax has been paid by the servicer for the year and how much money is remaining in the escrow account.
• Total Monthly Payment – the total amount due each month. The total monthly payment generally includes amounts for principal, interest and taxes, and insurance, if escrowed. In some cases, the borrower may decide not to escrow the taxes and insurance and pay them separately from the mortgage payment.
• Principal Payment – the dollar amount included in the monthly payment that pays down the amount you owe. Principal is the amount of money owed on the loan, not including interest.
• Interest Payment – the dollar amount of interest included in your monthly payment.
• Escrow –the amount placed into an escrow account to pay for items such as property taxes or insurance.