Home Loan statements are provided twice a year, in January and July. If there are specific changes to your loan, such as an interest rate change, or if you switch your loan type, or increase repayments, you’ll receive a confirmation of the change within your ‘Transactions’ listing and the date it occurred.
Here is an example of what your statement looks like and how to understand it.
If joint borrowers have not nominated one borrower to receive statements and notices on their behalf, separate statements and notices are issued to each borrower even if you live at the same address. You can nominate one borrower to receive statements and notices by completing Sections C and D of the Contract Authority and Nomination to Receive Notices form.