A settlement statement is a document that summarizes all costs owed by or credits due to the homebuyer and seller (or to the borrower in the case of a refinance) in a real estate transaction. It provides a breakdown of all the closing costs and credits involved in the transaction, including the purchase price of the property, loan amount, and other details. The settlement statement can be provided to the homebuyer and seller by the mortgage lender, a settlement agent, a title company, or a real estate attorney.

In the United States, the HUD-1 Settlement Statement is a standardized mortgage lending form that itemizes all charges imposed on buyers and sellers in consumer credit mortgage transactions. Federal regulations require that unless its use is specifically exempted, either the HUD-1 or the HUD-1A, as appropriate, must be used for all mortgage transactions that are subject to the Real Estate Settlement Procedures Act. Prior to October 3, 2015, the form was used in closed-end consumer credit transactions that were secured by real property or cooperative units. A HUD-1 or HUD-1A Settlement Statement is prepared by a creditor or, more typically, by the settlement agent who conducts the closing on the creditors behalf. The settlement agent must permit the borrower to inspect the HUD-1 or HUD-1A settlement statement during the business day immediately preceding settlement.