Loan Payout and Loan Status Statements

This Loan Payout and Loan Status Statement effectively sets out how much is due on a loan. The Loan Payout sets out the names of borrower and lender and the principal balance, accrued interest and other charges due as of a payout date. It also sets out to whom the final loan payment should be made and is signed by the lender. The Loan Status sets out the principal balance and accrued interest due as of a specific statement date and is for informational purposes only. (continued ...)