Banc of America Merrill Lynch Commercial Mortgage
Filed: 11 Oct 05, 12:00am
Subject: CMBS NEW ISSUE: BACM 05-5 **PUBLIC** LAUNCH Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2005-5 $1.977B NEW ISSUE CMBS Bookrunner/Co-LD: Banc of America Securities LLC Co-Lead Mgr: Barclays Capital Inc Co-Managers: Deutsche Bank Securities Inc./Morgan Stanley Rating Agencies: S&P and Moody's Class Size($mm) (S&P/M) Sub Lvl WAL PrinWindow Launch Status A-1 66.5 AAA/Aaa 30.000% 3.10 1-58 S+11a A-2 250.3 AAA/Aaa 30.000% 4.90 58-59 S+26 Subj A-3A 115.0 AAA/Aaa 30.000% 6.50 79-80 S+35 A-3B 50.0 AAA/Aaa 30.000% 6.70 80-81 S+38 A-SB 99.8 AAA/Aaa 30.000% 7.33 59-113 S+29 Subj A-4 802.6 AAA/Aaa 30.000% 9.80 113-119 S+31 Subj A-M 197.7 AAA/Aaa 20.000% 9.91 119-119 S+37 A-J 121.1 AAA/Aaa 13.875% 9.91 119-119 S+42 Subj B 42.0 AA/Aa2 11.750% 9.91 119-119 S+48a C 19.8 AA-/Aa3 10.750% 9.91 119-119 S+51a D 37.1 A/A2 8.875% 9.98 119-120 S+58 Subj XP 1924.4 AAA/Aaa Approx Procceds $19mm T+67-70 Subj Expected Timing Price - Fri Sept 30th Settlement - October 13, 2005 This message is for information purposes only, and we are not soliciting any action based upon it. The information herein is believed to be reliable but it should not be relied upon as such and is subject to change without notice. Banc of America Securities LLC,and Barclay Capital Inc. and their affiliates may acquire, hold or sell positions in these securities or in related derivatives and may have an investment banking or banking relationship with the issuer. Information herein will be superseded by information in the final prospectus, copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255 or Craig Leonard/Brian Dixon at Barclay Capital Inc., 200 Park Avenue, 5th Floor, New York, NY 10166. The securities may not be sold, and offers to buy may not be accepted, until a final Prospectus Supplement can be delivered. Such securities may not be suitable for all investors. - -------------------------------------------------------------------------------- This message is for information purposes only and we are not soliciting any action based upon it. The information herein is believed reliable but it should not be relied upon as such and is subject to change without notice. BAS and its affiliates may acquire, hold or sell positions in the securities or instruments mentioned herein or in related derivatives and may have an investment banking or banking relationship with issuers of securities or instruments mentioned herein. You are encouraged to review the disclaimers contained in our research and other reports. 144A securities are for QIBS only. Further information may be available upon request. Derivatives may not be suitable for all investors. PRICE/YIELD TABLE - CLASS A-1 Security ID: BACM 2005-5 Settlement Date: 10/13/2005 Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 Initial Balance: 66,500,000 Initial Pass-Through Rate: 4.4810% PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - ---------------- ---------- ---------- ---------- ---------- ---------- During YM 0.00% 25.00% 50.00% 75.00% 100.00% During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% During Open 0.00% 25.00% 50.00% 75.00% 100.00% SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 ---------- ---------- ---------- ---------- ---------- 99.50000000 4.66 5.28 5.82 6.43 8.40 99.56250000 4.64 5.24 5.76 6.36 8.26 99.62500000 4.62 5.19 5.70 6.28 8.13 99.68750000 4.59 5.15 5.64 6.20 7.99 99.75000000 4.57 5.11 5.58 6.13 7.86 99.81250000 4.55 5.07 5.53 6.05 7.72 99.87500000 4.53 5.02 5.47 5.97 7.58 99.93750000 4.51 4.98 5.41 5.89 7.45 100.00000000 4.48 4.94 5.35 5.82 7.31 100.06250000 4.46 4.90 5.29 5.74 7.18 100.12500000 4.44 4.86 5.23 5.66 7.04 100.18750000 4.42 4.81 5.18 5.59 6.91 100.25000000 4.39 4.77 5.12 5.51 6.77 100.31250000 4.37 4.73 5.06 5.44 6.64 100.37500000 4.35 4.69 5.00 5.36 6.50 100.43750000 4.33 4.65 4.94 5.28 6.37 100.50000000 4.31 4.60 4.89 5.21 6.24 WAL (YRS) 3.10 1.59 1.13 0.86 0.48 MOD DUR 2.80 1.48 1.07 0.81 0.46 FIRST PRIN PAY 11/10/2005 11/10/2005 11/10/2005 11/10/2005 11/10/2005 MATURITY 08/10/2010 08/10/2008 10/10/2007 04/10/2007 05/10/2006 YIELD SPREAD 54 103 144 190 340 ASSUMPTIONS 1% Cleanup Call is Not Exercised Initial Balance is as of October 2005 Prepay Rates are a Constant % of CPR 100% of All Prepayment Premiums are assumed to be collected Prepayment Premiums are allocated to one or more classes of the offered certificates as described under "Description of the Certificates-Distributions- Distributions of Prepayment Premiums" in the Prospectus Supplement. No Extensions on any Mortgage Loan No Delinquencies on any Mortgage Loan No Defaults on any Mortgage Loan TREASURY CURVE AS OF - ------------------------- TERM (YRS) YIELD (BEY%) - ---------- ------------ 1/12 3.913% 1/4 3.913% 1/2 3.913% 2 3.913% 3 3.943% 5 4.014% 10 4.247% 30 4.554% RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC PRICE/YIELD TABLE - CLASS A-1 Security ID: BACM 2005-5 Settlement Date: 10/13/2005 Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 Initial Balance: 66,500,000 Initial Pass-Through Rate: 4.4810% PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - ---------------- ---------- ---------- ---------- ---------- ---------- During YM 0.00% 0.00% 0.00% 0.00% 0.00% During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% During Open 0.00% 25.00% 50.00% 75.00% 100.00% SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 ---------- ---------- ---------- ---------- ---------- 99.50000000 4.66 4.68 4.69 4.69 4.70 99.56250000 4.64 4.65 4.66 4.67 4.67 99.62500000 4.62 4.63 4.63 4.64 4.64 99.68750000 4.59 4.60 4.61 4.61 4.61 99.75000000 4.57 4.58 4.58 4.58 4.59 99.81250000 4.55 4.55 4.55 4.56 4.56 99.87500000 4.53 4.53 4.53 4.53 4.53 99.93750000 4.51 4.50 4.50 4.50 4.50 100.00000000 4.48 4.48 4.48 4.47 4.47 100.06250000 4.46 4.45 4.45 4.45 4.44 100.12500000 4.44 4.43 4.42 4.42 4.41 100.18750000 4.42 4.40 4.40 4.39 4.39 100.25000000 4.39 4.38 4.37 4.37 4.36 100.31250000 4.37 4.35 4.34 4.34 4.33 100.37500000 4.35 4.33 4.32 4.31 4.30 100.43750000 4.33 4.31 4.29 4.28 4.27 100.50000000 4.31 4.28 4.27 4.26 4.24 WAL (YRS) 3.10 2.75 2.59 2.49 2.37 MOD DUR 2.80 2.51 2.38 2.30 2.19 FIRST PRIN PAY 11/10/2005 11/10/2005 11/10/2005 11/10/2005 11/10/2005 MATURITY 08/10/2010 01/10/2010 07/10/2009 03/10/2009 09/10/2008 YIELD SPREAD 54 54 55 55 55 ASSUMPTIONS 1% Cleanup Call is Not Exercised Initial Balance is as of October 2005 Prepay Rates are a Constant % of CPR 100% of All Prepayment Premiums are assumed to be collected Prepayment Premiums are allocated to one or more classes of the offered certificates as described under "Description of the Certificates-Distributions- Distributions of Prepayment Premiums" in the Prospectus Supplement. No Extensions on any Mortgage Loan No Delinquencies on any Mortgage Loan No Defaults on any Mortgage Loan TREASURY CURVE AS OF - ------------------------- TERM (YRS) YIELD (BEY%) - ---------- ------------ 1/12 3.9130% 1/4 3.9130% 1/2 3.9130% 2 3.9130% 3 3.9430% 5 4.0140% 10 4.2470% 30 4.5540% RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC PRICE/YIELD TABLE - CLASS XP Security ID: BACM 2005-5 Settlement Date: 10/13/2005 Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 Initial Balance: 1,924,390,000 Initial Pass-Through Rate: 0.3945% PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - ---------------- ---------- ---------- ---------- ---------- ---------- During YM 0.00% 25.00% 50.00% 75.00% 100.00% During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% During Open 0.00% 25.00% 50.00% 75.00% 100.00% SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 ---------- ---------- ---------- ---------- ---------- 1.148540000 8.56 8.62 8.63 8.54 8.17 1.164165000 8.04 8.10 8.11 8.03 7.66 1.179790000 7.53 7.59 7.60 7.52 7.15 1.195415000 7.03 7.09 7.10 7.02 6.66 1.211040000 6.54 6.61 6.61 6.53 6.18 1.226665000 6.07 6.13 6.14 6.06 5.71 1.242290000 5.60 5.66 5.67 5.59 5.25 1.257915000 5.14 5.20 5.21 5.13 4.80 1.273540000 4.69 4.75 4.76 4.68 4.35 1.289165000 4.25 4.31 4.32 4.25 3.92 1.304790000 3.82 3.88 3.89 3.82 3.49 1.320415000 3.40 3.46 3.47 3.39 3.08 1.336040000 2.98 3.04 3.05 2.98 2.67 1.351665000 2.57 2.63 2.64 2.57 2.26 1.367290000 2.17 2.23 2.24 2.17 1.87 1.382915000 1.78 1.84 1.85 1.78 1.48 1.398540000 1.39 1.45 1.46 1.40 1.10 WAL (YRS) 5.61 5.61 5.60 5.60 5.58 MOD DUR 2.73 2.73 2.73 2.74 2.77 FIRST PRIN PAY 04/10/2006 04/10/2006 04/10/2006 04/10/2006 04/10/2006 MATURITY 10/10/2012 10/10/2012 10/10/2012 10/10/2012 10/10/2012 YIELD SPREAD 65 71 72 64 31 ASSUMPTIONS 1% Cleanup Call is Exercised Initial Balance is as of October 2005 Prepay Rates are a Constant % of CPR 100% of All Prepayment Premiums are assumed to be collected Prepayment Premiums are allocated to one or more classes of the offered certificates as described under "Description of the Certificates-Distributions- Distributions of Prepayment Premiums" in the Prospectus Supplement. No Extensions on any Mortgage Loan No Delinquencies on any Mortgage Loan No Defaults on any Mortgage Loan TREASURY CURVE AS OF - ------------------------- TERM (YRS) YIELD (BEY%) - ---------- ------------ 1/12 3.913% 1/4 3.913% 1/2 3.913% 2 3.913% 3 3.943% 5 4.014% 10 4.247% 30 4.554% RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC PRICE/YIELD TABLE - CLASS XP Security ID: BACM 2005-5 Settlement Date: 10/13/2005 Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 Initial Balance: 1,924,390,000 Initial Pass-Through Rate: 0.3945% PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - ---------------- ---------- ---------- ---------- ---------- ---------- During YM 0.00% 0.00% 0.00% 0.00% 0.00% During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% During Open 0.00% 25.00% 50.00% 75.00% 100.00% SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 ---------- ---------- ---------- ---------- ---------- 1.148540000 8.56 8.56 8.56 8.56 8.56 1.164165000 8.04 8.04 8.04 8.04 8.04 1.179790000 7.53 7.53 7.53 7.53 7.53 1.195415000 7.03 7.03 7.03 7.03 7.03 1.211040000 6.54 6.54 6.54 6.54 6.55 1.226665000 6.07 6.07 6.07 6.07 6.07 1.242290000 5.60 5.60 5.60 5.60 5.60 1.257915000 5.14 5.14 5.14 5.14 5.14 1.273540000 4.69 4.69 4.69 4.69 4.69 1.289165000 4.25 4.25 4.25 4.25 4.25 1.304790000 3.82 3.82 3.82 3.82 3.82 1.320415000 3.40 3.40 3.40 3.40 3.40 1.336040000 2.98 2.98 2.98 2.98 2.98 1.351665000 2.57 2.57 2.57 2.57 2.57 1.367290000 2.17 2.17 2.17 2.17 2.17 1.382915000 1.78 1.78 1.78 1.78 1.78 1.398540000 1.39 1.39 1.40 1.40 1.40 WAL (YRS) 5.61 5.61 5.61 5.61 5.61 MOD DUR 2.73 2.73 2.73 2.73 2.73 FIRST PRIN PAY 04/10/2006 04/10/2006 04/10/2006 04/10/2006 04/10/2006 MATURITY 10/10/2012 10/10/2012 10/10/2012 10/10/2012 10/10/2012 YIELD SPREAD 65 65 65 65 65 ASSUMPTIONS 1% Cleanup Call is Exercised Initial Balance is as of October 2005 Prepay Rates are a Constant % of CPR 100% of All Prepayment Premiums are assumed to be collected Prepayment Premiums are allocated to one or more classes of the offered certificates as described under "Description of the Certificates-Distributions- Distributions of Prepayment Premiums" in the Prospectus Supplement. No Extensions on any Mortgage Loan No Delinquencies on any Mortgage Loan No Defaults on any Mortgage Loan TREASURY CURVE AS OF - ------------------------- TERM (YRS) YIELD (BEY%) - ---------- ------------ 1/12 3.913% 1/4 3.913% 1/2 3.913% 2 3.913% 3 3.943% 5 4.014% 10 4.247% 30 4.554% RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC PRICE/YIELD TABLE - CLASS XP Security ID: BACM 2005-5 Settlement Date: 10/13/2005 Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 Initial Balance: 1,924,390,000 Initial Pass-Through Rate: 0.3945% PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 SCENARIO 6 SCENARIO 7 SCENARIO 8 SCENARIO 9 - ---------------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- During YM 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% During Penalty 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% During Open 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% DEFUALT (CDR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 SCENARIO 6 SCENARIO 7 SCENARIO 8 SCENARIO 9 - ------------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- Default Rate 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 8.00% Loss Severity 0.00% 35.00% 35.00% 35.00% 35.00% 35.00% 35.00% 35.00% 35.00% Lag (months) 0 12 12 12 12 12 12 12 12 Default Starting in Month 0 1 1 1 1 1 1 1 1 SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 SCENARIO 6 SCENARIO 7 SCENARIO 8 SCENARIO 9 ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- 1.148540000 8.56 8.57 8.57 8.57 8.57 8.56 8.56 8.26 7.74 1.164165000 8.04 8.05 8.05 8.05 8.04 8.04 8.04 7.74 7.22 1.179790000 7.53 7.54 7.54 7.54 7.54 7.53 7.53 7.23 6.71 1.195415000 7.03 7.04 7.04 7.04 7.04 7.04 7.03 6.73 6.21 1.211040000 6.55 6.55 6.55 6.55 6.55 6.55 6.55 6.25 5.72 1.226665000 6.07 6.08 6.07 6.07 6.07 6.07 6.07 5.77 5.24 1.242290000 5.60 5.61 5.61 5.60 5.60 5.60 5.60 5.30 4.77 1.257915000 5.14 5.15 5.15 5.15 5.15 5.14 5.14 4.84 4.32 1.273540000 4.69 4.70 4.70 4.70 4.70 4.70 4.69 4.39 3.87 1.289165000 4.25 4.26 4.26 4.26 4.26 4.25 4.25 3.95 3.43 1.304790000 3.82 3.83 3.83 3.83 3.82 3.82 3.82 3.52 3.00 1.320415000 3.40 3.41 3.40 3.40 3.40 3.40 3.40 3.10 2.57 1.336040000 2.98 2.99 2.99 2.99 2.99 2.98 2.98 2.68 2.16 1.351665000 2.57 2.58 2.58 2.58 2.58 2.58 2.58 2.27 1.75 1.367290000 2.17 2.18 2.18 2.18 2.18 2.18 2.18 1.87 1.35 1.382915000 1.78 1.79 1.79 1.79 1.79 1.78 1.78 1.48 0.96 1.398540000 1.40 1.40 1.40 1.40 1.40 1.40 1.40 1.10 0.57 WAL (YRS) 5.61 5.61 5.61 5.61 5.61 5.61 5.61 5.54 5.43 MOD DUR 2.73 2.73 2.73 2.73 2.73 2.73 2.73 2.73 2.73 FIRST PRIN PAY 04/10/2006 04/10/2006 04/10/2006 04/10/2006 04/10/2006 04/10/2006 04/10/2006 04/10/2006 04/10/2006 MATURITY 10/10/2012 10/10/2012 10/10/2012 10/10/2012 10/10/2012 10/10/2012 10/10/2012 10/10/2012 10/10/2012 YIELD SPREAD 65 66 66 66 65 65 65 35 -17 ASSUMPTIONS 1% Cleanup Call is Exercised Initial Balance is as of October 2005 Prepay Rates are a Constant % of CPR 100% of All Prepayment Premiums are assumed to be collected Prepayment Premiums are allocated to one or more classes of the offered certificates as described under "Description of the Certificates-Distributions- Distributions of Prepayment Premiums" in the Prospectus Supplement. No Extensions on any Mortgage Loan TREASURY CURVE AS OF - ------------------------- TERM (YRS) YIELD (BEY%) - ---------- ------------ 1/12 3.913% 1/4 3.913% 1/2 3.913% 2 3.913% 3 3.943% 5 4.014% 10 4.247% 30 4.554% RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC CERTIFICATE APPROXIMATE BALANCE OR PERCENTAGE APPROXIMATE S&P MOODY'S NOTIONAL OF POOL CREDIT CLASS RATINGS(1) AMOUNT(2) BALANCE SUPPORT RATE TYPE - ----- -------------- ------------- ----------- ----------- ------------- Offered Certificates A-1 AAA Aaa 66,500,000 3.363% 30.000% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- A-2 AAA Aaa 250,250,000 12.656% 30.000% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- A-3 AAA Aaa 164,950,000 8.342% 30.000% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- A-SB AAA Aaa 99,807,000 5.048% 30.000% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- A-4 AAA Aaa 802,600,000 40.591% 30.000% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- A-M AAA Aaa 197,730,000 10.000% 20.000% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- A-J AAA Aaa 121,109,000 6.125% 13.875% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- XP AAA Aaa TBD(6) N/A N/A Variable Rate (6) - ----- -------------- ------------- ----------- ----------- ------------- B AA Aa2 42,018,000 2.125% 11.750% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- C AA- Aa3 19,772,000 1.000% 10.750% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- D A A2 37,075,000 1.875% 8.875% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- Private Certificates - Not Offered Hereby(5) E A- A3 19,773,000 1.000% 7.875% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- F BBB+ Baa1 24,716,000 1.250% 6.625% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- G BBB Baa2 27,188,000 1.375% 5.250% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- H BBB- Baa3 24,716,000 1.250% 4.000% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- J BB+ Ba1 12,358,000 0.625% 3.375% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- K BB Ba2 12,358,000 0.625% 2.750% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- L BB- Ba3 4,943,000 0.250% 2.500% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- M B+ NR 7,415,000 0.375% 2.125% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- N B NR 7,415,000 0.375% 1.750% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- O B- NR 4,943,000 0.250% 1.500% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- P NR NR 29,660,328 1.500% 0.000% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- XC AAA Aaa 1,977,296,328 N/A N/A Variable Rate (7) - ----- -------------- ------------- ----------- ----------- ------------- APPROXIMATE INITIAL PASS- THROUGH WEIGHTED RATE AS AVERAGE ASSUMED FINAL OF DELIVERY LIFE DISTRIBUTION PRINCIPAL START PRINCIPAL END CLASS DATE (YEARS) (3) DATE (3) WINDOW WINDOW - ----- ----------- ----------- ------------------ --------------- ------------- Offered Certificates A-1 % (4) 3.10 August 10, 2010 1 58 - ----- ----------- ----------- ------------------ --------------- ------------- A-2 % (4) 4.90 September 10, 2010 58 59 - ----- ----------- ----------- ------------------ --------------- ------------- A-3 % (4) 6.56 July 10, 2012 78 81 - ----- ----------- ----------- ------------------ --------------- ------------- A-SB % (4) 7.33 March 10, 2015 59 113 - ----- ----------- ----------- ------------------ --------------- ------------- A-4 % (4) 9.80 September 10, 2015 113 119 - ----- ----------- ----------- ------------------ --------------- ------------- A-M % (4) 9.91 September 10, 2015 119 119 - ----- ----------- ----------- ------------------ --------------- ------------- A-J % (4) 9.91 September 10, 2015 119 119 - ----- ----------- ----------- ------------------ ------------------------------- XP % (6) (6) N/A N/A - ----- ----------- ----------- ------------------ ------------------------------- B % (4) 9.91 September 10, 2015 119 119 - ----- ----------- ----------- ------------------ --------------- ------------- C % (4) 9.91 September 10, 2015 119 119 - ----- ----------- ----------- ------------------ --------------- ------------- D % (4) 9.98 October 10, 2015 119 120 - ----- ----------- ----------- ------------------ --------------- ------------- Private Certificates - Not Offered Hereby(5) E % (4) 9.99 October 10, 2015 120 120 - ----- ----------- ----------- ------------------ --------------- ------------- F % (4) 9.99 October 10, 2015 120 120 - ----- ----------- ----------- ------------------ --------------- ------------- G % (4) 9.99 October 10, 2015 120 120 - ----- ----------- ----------- ------------------ --------------- ------------- H % (4) 9.99 October 10, 2015 120 120 - ----- ----------- ----------- ------------------ --------------- ------------- J % (4) 9.99 October 10, 2015 120 120 - ----- ----------- ----------- ------------------ --------------- ------------- K % (4) 9.99 October 10, 2015 120 120 - ----- ----------- ----------- ------------------ --------------- ------------- L % (4) 9.99 October 10, 2015 120 120 - ----- ----------- ----------- ------------------ --------------- ------------- M % (4) 9.99 October 10, 2015 120 120 - ----- ----------- ----------- ------------------ --------------- ------------- N % (4) 9.99 October 10, 2015 120 120 - ----- ----------- ----------- ------------------ --------------- ------------- O % (4) 9.99 October 10, 2015 120 120 - ----- ----------- ----------- ------------------ --------------- ------------- P % (4) 12.13 October 10, 2020 120 180 - ----- ----------- ----------- ------------------ ------------------------------- XC % (7) (7) N/A N/A - ----- ----------- ----------- ------------------ ------------------------------- (1) Ratings shown are those of Standard & Poor's Ratings Services, a division of The McGraw-Hill Companies, Inc., and Moody's Investors Services, Inc., respectively. (2) As of the delivery date. Subject to a variance of plus or minus 5%. (3) Based on the maturity assumptions (as defined under "Yield and Maturity Considerations" in this prospectus supplement). As of the delivery date, calculations for the certificates assume no prepayments will be made on the mortgage loans prior to their related maturity dates (or, in the case of the mortgage loan with an anticipated repayment date, the related anticipated repayment date). (4) The Class A-1, Class A-2, Class A-3, Class A-SB, Class A-4, Class A-M, Class A-J, Class B, Class C, Class D, Class E, Class F, Class G, Class H, Class J, Class K, Class L, Class M Class N, Class O and Class P Certificates will each accrue interest as either (i) a fixed rate, (ii) a fixed rate subject to a cap at the weighted average net mortgage rate, (iii) the weighted average net mortgage rate or (iv) the weighted average net mortgage rate less a specified percentage. (5) Not offered by this prospectus supplement. Any information we provide herein regarding the terms of these certificates is provided only to enhance your understanding of the offered certificates. (6) The Class XP Certificates will not have a certificate balance and their holders will not receive distributions of principal, but such holders are entitled to receive payments of the aggregate interest accrued on the notional amount of the Class XP Certificates, as described in this prospectus supplement. The interest rate applicable to the Class XP Certificates for each distribution date will be as described in this prospectus supplement. See "Description of the Certificates--Pass-Through Rates" in this prospectus supplement. (7) The Class XC Certificates are not offered by this prospectus supplement. Any information we provide herein regarding the terms of these certificates is provided only to enhance your understanding of the offered certificates. The Class XC Certificates will not have certificate balances and their holders will not receive distributions of principal, but such holders are entitled to receive payments of the aggregate interest accrued on the notional amount of the Class XC Certificates, as the case may be, as described in this prospectus supplement. The interest rates applicable to the Class XC Certificates for each distribution date will be as described in this prospectus supplement. See "Description of the Certificates - Pass-Through Rates" in this prospectus supplement. PRICE/YIELD TABLE - CLASS A-2 Security ID: BACM 2005-5 Settlement Date: 10/13/2005 Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 Initial Balance: 250,250,000 Initial Pass-Through Rate: 4.916% PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 - ---------------- ---------- ---------- ---------- During YM 0.00% 0.00% 0.00% During Penalty 0.00% 0.00% 0.00% During Open 0.00% 0.00% 0.00% EXTENSIONS SCENARIO 1 SCENARIO 2 SCENARIO 3 - ---------- ---------- ---------- ---------- Extension on One Renaissance (largest 7 year loan) (mths) 0 0 0 Extension on 417 Fifth (largest 5 year loan) (mths) 0 12 24 Extension on all other Loans (mths) 0 0 0 Extension Percentage 0.00% 100.00% 100.00% SCENARIO 1 SCENARIO 2 SCENARIO 3 ---------- ---------- ---------- 100.00000000 4.94 4.94 4.94 100.06250000 4.92 4.93 4.93 100.12500000 4.91 4.91 4.92 100.18750000 4.89 4.90 4.90 100.25000000 4.88 4.89 4.89 100.31250000 4.86 4.87 4.88 100.37500000 4.85 4.86 4.86 100.43750000 4.84 4.85 4.85 100.50000000 4.82 4.83 4.84 100.56250000 4.81 4.82 4.82 100.62500000 4.79 4.81 4.81 100.68750000 4.78 4.79 4.80 100.75000000 4.76 4.78 4.79 100.81250000 4.75 4.76 4.77 100.87500000 4.73 4.75 4.76 100.93750000 4.72 4.74 4.75 101.00000000 4.70 4.72 4.73 WAL (YRS) 4.90 5.37 5.65 MOD DUR 4.27 4.61 4.81 FIRST PRIN PAY 08/10/2010 08/10/2010 08/10/2010 MATURITY 09/10/2010 09/10/2011 06/10/2012 YIELD SPREAD 71 70 70 CALC SWAP SPREAD 25 25 24 ASSUMPTIONS 1% Cleanup Call is Not Exercised Initial Balance is as of October 2005 Prepay Rates are a Constant % of CPR 100% of All Prepayment Premiums are assumed to be collected Prepayment Premiums are allocated to one or more classes of the offered certificates as described under "Description of the Certificates-Distributions-Distributions of Prepayment Premiums" in the Prospectus Supplement. No Delinquencies on any Mortgage Loan No Defaults on any Mortgage Loan TREASURY CURVE AS OF - ------------------------- TERM (YRS) YIELD (BEY%) - ---------- ------------ 1/12 4.056% 1/4 4.056% 1/2 4.056% 2 4.056% 3 4.076% 5 4.116% 10 4.293% 30 4.557% RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC PRICE/YIELD TABLE - CLASS A-2 Security ID: BACM 2005-5 Settlement Date: 10/13/2005 Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 Initial Balance: 250,250,000 Initial Pass-Through Rate: 4.916% PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 - ---------------- ---------- ---------- ---------- During YM 0.00% 0.00% 0.00% During Penalty 0.00% 0.00% 0.00% During Open 0.00% 0.00% 0.00% EXTENSIONS SCENARIO 1 SCENARIO 2 SCENARIO 3 - ---------- ---------- ---------- ---------- Extension on One Renaissance (largest 7 year loan) (mths) 0 0 0 Extension on 417 Fifth (largest 5 year loan) (mths) 0 12 24 Extension on all other Loans (mths) 0 0 0 Extension Percentage 0.00% 100.00% 100.00% SCENARIO 1 SCENARIO 2 SCENARIO 3 ---------- ---------- ---------- 100.00000000 4.94 4.94 4.94 100.06250000 4.92 4.93 4.93 100.12500000 4.91 4.91 4.92 100.18750000 4.89 4.90 4.90 100.25000000 4.88 4.89 4.89 100.31250000 4.86 4.87 4.88 100.37500000 4.85 4.86 4.86 100.43750000 4.84 4.85 4.85 100.50000000 4.82 4.83 4.84 100.56250000 4.81 4.82 4.82 100.62500000 4.79 4.81 4.81 100.68750000 4.78 4.79 4.80 100.75000000 4.76 4.78 4.79 100.81250000 4.75 4.76 4.77 100.87500000 4.73 4.75 4.76 100.93750000 4.72 4.74 4.75 101.00000000 4.70 4.72 4.73 WAL (YRS) 4.90 5.37 5.65 MOD DUR 4.27 4.61 4.81 FIRST PRIN PAY 08/10/2010 08/10/2010 08/10/2010 MATURITY 09/10/2010 09/10/2011 06/10/2012 YIELD SPREAD 71 70 70 CALC SWAP SPREAD 25 25 24 ASSUMPTIONS 1% Cleanup Call is Not Exercised Initial Balance is as of October 2005 Prepay Rates are a Constant % of CPR 100% of All Prepayment Premiums are assumed to be collected Prepayment Premiums are allocated to one or more classes of the offered certificates as described under "Description of the Certificates-Distributions-Distributions of Prepayment Premiums" in the Prospectus Supplement. No Delinquencies on any Mortgage Loan No Defaults on any Mortgage Loan TREASURY CURVE AS OF - ------------------------- TERM (YRS) YIELD (BEY%) - ---------- ------------ 1/12 4.056% 1/4 4.056% 1/2 4.056% 2 4.056% 3 4.076% 5 4.116% 10 4.293% 30 4.557% RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC HYPOTHETICAL CLASS A-3B SECURITY ID: BACM 2005-5 SETTLEMENT DATE: 10/13/2005 ACCRUAL START DATE: 10/01/2005 FIRST PAY DATE: 11/10/2005 INITIAL BALANCE: 25,000,000 SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 SCENARIO 6 SCENARIO 7 ---------- ---------- ---------- ---------- ---------- ---------- ---------- CDR 0.00% 3.00% 3.00% 4.00% 4.00% 4.00% 4.00% CPR 0% 5% 5% 5% 5% 10% 10% CPY 0% 100% 100% 100% 100% 100% 100% CDR START MONTH 0 12 24 12 24 12 24 RECOVERY DELAY (MONTHS) 0 12 12 12 12 12 12 LOSS SEVERITY 0% 35% 35% 35% 35% 35% 35% EXT MTHS 0 0 0 0 0 0 0 EXT % 0% 0% 0% 0% 0% 0% 0% SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 SCENARIO 6 SCENARIO 7 ---------- ---------- ---------- ---------- ---------- ---------- ---------- WAL 6.74 6.08 6.08 5.50 6.08 5.30 6.02 PRINCIPAL WINDOW (MONTHS) 2 1 1 9 1 8 4 PRINCIPAL WINDOW RANGE 80 to 81 73 to 73 73 to 73 62 to 70 73 to 73 60 to 67 70 to 73 FIRST PRIN PAY 6/10/2012 11/10/2011 11/10/2011 12/10/2010 11/10/2011 10/10/2010 8/10/2011 MATURITY 7/10/2012 11/10/2011 11/10/2011 8/10/2011 11/10/2011 5/10/2011 11/10/2011 This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. HYPOTHETICAL CLASS A-3B SECURITY ID: BACM 2005-5 SETTLEMENT DATE: 10/13/2005 ACCRUAL START DATE: 10/01/2005 FIRST PAY DATE: 11/10/2005 INITIAL BALANCE: 25,000,000 SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 SCENARIO 6 SCENARIO 7 ---------- ---------- ---------- ---------- ---------- ---------- ---------- CDR 0.00% 3.00% 3.00% 4.00% 4.00% 4.00% 4.00% CPR 0% 5% 5% 5% 5% 10% 10% CPY 0% 100% 100% 100% 100% 100% 100% CDR START MONTH 0 12 24 12 24 12 24 RECOVERY DELAY (MONTHS) 0 12 12 12 12 12 12 LOSS SEVERITY 0% 35% 35% 35% 35% 35% 35% EXT MTHS 0 0 0 0 0 0 0 EXT % 0% 0% 0% 0% 0% 0% 0% SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 SCENARIO 6 SCENARIO 7 ---------- ---------- --------- ---------- ---------- ---------- ---------- WAL 6.74 6.08 6.08 5.50 6.08 5.30 6.02 PRINCIPAL WINDOW (MONTHS) 2 1 1 9 1 8 4 PRINCIPAL WINDOW RANGE 80 to 81 73 to 73 73 to 73 62 to 70 73 to 73 60 to 67 70 to 73 FIRST PRIN PAY 6/10/2012 11/10/2011 11/10/2011 12/10/2010 11/10/2011 10/10/2010 8/10/2011 MATURITY 7/10/2012 11/10/2011 11/10/2011 8/10/2011 11/10/2011 5/10/2011 11/10/2011 This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. PRICE/YIELD TABLE - CLASS A-3A Security ID: BACM 2005-5 Settlement Date: 10/13/2005 Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 Initial Balance: 114,950,000 Initial Pass-Through Rate: 5.000% PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 - ---------------- ---------- ---------- ---------- During YM 0.00% 0.00% 0.00% During Penalty 0.00% 0.00% 0.00% During Open 0.00% 0.00% 0.00% EXTENSIONS SCENARIO 1 SCENARIO 2 SCENARIO 3 - ---------- ---------- ---------- ---------- Extension on One Renaissance (largest 7 year loan) (mths) 0 12 24 Extension on all other Loans (mths) 0 0 0 Extension Percentage 0.00% 100.00% 100.00% SCENARIO 1 SCENARIO 2 SCENARIO 3 ---------- ---------- ---------- 100.00177000 5.03 5.03 5.03 100.06427000 5.02 5.02 5.02 100.12677000 5.01 5.01 5.01 100.18927000 4.99 5.00 5.00 100.25177000 4.98 4.99 4.99 100.31427000 4.97 4.98 4.98 100.37677000 4.96 4.97 4.97 100.43927000 4.95 4.96 4.96 100.50177000 4.94 4.94 4.95 100.56427000 4.93 4.93 4.94 100.62677000 4.91 4.92 4.93 100.68927000 4.90 4.91 4.92 100.75177000 4.89 4.90 4.91 100.81427000 4.88 4.89 4.90 100.87677000 4.87 4.88 4.89 100.93927000 4.86 4.87 4.88 101.00177000 4.85 4.86 4.87 WAL (YRS) 6.50 7.06 7.53 MOD DUR 5.43 5.82 6.13 FIRST PRIN PAY 04/10/2012 04/10/2012 04/10/2012 MATURITY 06/10/2012 04/10/2013 04/10/2014 YIELD SPREAD 79 78 77 CALC SWAP SPREAD 34 33 32 ASSUMPTIONS 1% Cleanup Call is Not Exercised Initial Balance is as of October 2005 Prepay Rates are a Constant % of CPR 100% of All Prepayment Premiums are assumed to be collected Prepayment Premiums are allocated to one or more classes of the offered certificates as described under "Description of the Certificates-Distributions- Distributions of Prepayment Premiums" in the Prospectus Supplement. No Delinquencies on any Mortgage Loan No Defaults on any Mortgage Loan TREASURY CURVE AS OF - ------------------------- TERM (YRS) YIELD (BEY%) - ---------- ------------ 1/12 4.082% 1/4 4.082% 1/2 4.082% 2 4.082% 3 4.076% 5 4.101% 10 4.255% 30 4.500% RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC PRICE/YIELD TABLE - CLASS A-3B Security ID: BACM 2005-5 Settlement Date: 10/13/2005 Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 Initial Balance: 50,000,000 Initial Pass-Through Rate: 5.402% PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 - ---------------- ---------- ---------- ---------- During YM 0.00% 0.00% 0.00% During Penalty 0.00% 0.00% 0.00% During Open 0.00% 0.00% 0.00% DEFAULTS SCENARIO 1 SCENARIO 2 SCENARIO 3 - -------- ---------- ---------- ---------- CDR on One Renaissance 0.00% 100.00% 100.00% CDR on all other loans 0.00% 0.00% 0.00% Default Starting month 0 24 24 Recovery Delay (mths) 0 12 12 Loss Severity 0.00% 50.00% 40.00% SCENARIO 1 SCENARIO 2 SCENARIO 3 ---------- ---------- ---------- 101.44894000 5.07 5.14 5.13 101.51144000 5.06 5.13 5.12 101.57394000 5.05 5.12 5.11 101.63644000 5.04 5.11 5.10 101.69894000 5.03 5.11 5.10 101.76144000 5.02 5.10 5.09 101.82394000 5.01 5.09 5.08 101.88644000 4.99 5.08 5.07 101.94894000 4.98 5.07 5.06 102.01144000 4.97 5.06 5.05 102.07394000 4.96 5.06 5.04 102.13644000 4.95 5.05 5.03 102.19894000 4.94 5.04 5.03 102.26144000 4.93 5.03 5.02 102.32394000 4.92 5.02 5.01 102.38644000 4.91 5.01 5.00 102.44894000 4.89 5.01 4.99 WAL (YRS) 6.70 9.52 9.00 MOD DUR 5.53 7.33 7.00 FIRST PRIN PAY 06/10/2012 03/10/2015 07/10/2012 MATURITY 07/10/2012 07/10/2015 07/10/2015 YIELD SPREAD 83 83 84 CALC SWAP SPREAD 38 38 39 ASSUMPTIONS 1% Cleanup Call is Not Exercised Initial Balance is as of October 2005 Prepay Rates are a Constant % of CPR 100% of All Prepayment Premiums are assumed to be collected Prepayment Premiums are allocated to one or more classes of the offered certificates as described under "Description of the Certificates-Distributions- Distributions of Prepayment Premiums" in the Prospectus Supplement. No Delinquencies on any Mortgage Loan No Extensions on any Mortgage Loan TREASURY CURVE AS OF - ------------------------- TERM (YRS) YIELD (BEY%) - ---------- ------------ 1/12 4.082% 1/4 4.082% 1/2 4.082% 2 4.082% 3 4.076% 5 4.101% 10 4.255% 30 4.500% RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC BACM 2005-5 Fireman's Fund PERIOD PAYMENT DATE BEG BALANCE PRINCIPAL PAYMENT - ------ ------------ ------------- ----------------- 1 11/10/2005 99,879,691.76 105,472.29 2 12/10/2005 99,774,219.47 121,352.07 3 01/10/2006 99,652,867.40 106,555.90 4 02/10/2006 99,546,311.50 107,064.96 5 03/10/2006 99,439,246.54 153,549.28 6 04/10/2006 99,285,697.26 108,309.99 7 05/10/2006 99,177,387.27 124,111.35 8 06/10/2006 99,053,275.92 109,420.34 9 07/10/2006 98,943,855.58 125,191.02 10 08/10/2006 98,818,664.56 110,541.15 11 09/10/2006 98,708,123.41 111,069.24 12 10/10/2006 98,597,054.17 126,794.35 13 11/10/2006 98,470,259.82 112,205.59 14 12/10/2006 98,358,054.23 127,899.30 15 01/10/2007 98,230,154.93 113,352.65 16 02/10/2007 98,116,802.28 113,894.17 17 03/10/2007 98,002,908.11 159,747.07 18 04/10/2007 97,843,161.04 115,201.44 19 05/10/2007 97,727,959.60 130,812.36 20 06/10/2007 97,597,147.24 116,376.73 21 07/10/2007 97,480,770.51 131,955.16 22 08/10/2007 97,348,815.35 117,563.09 23 09/10/2007 97,231,252.26 118,124.72 24 10/10/2007 97,113,127.54 133,654.85 25 11/10/2007 96,979,472.69 119,327.55 26 12/10/2007 96,860,145.14 134,824.44 27 01/10/2008 96,725,320.70 120,541.72 28 02/10/2008 96,604,778.98 121,117.59 29 03/10/2008 96,483,661.39 151,433.81 30 04/10/2008 96,332,227.58 122,419.65 31 05/10/2008 96,209,807.93 137,831.09 32 06/10/2008 96,071,976.84 123,662.95 33 07/10/2008 95,948,313.89 139,040.03 34 08/10/2008 95,809,273.86 124,917.96 35 09/10/2008 95,684,355.90 125,514.74 36 10/10/2008 95,558,841.16 140,840.64 37 11/10/2008 95,418,000.52 126,787.20 38 12/10/2008 95,291,213.32 142,077.94 39 01/10/2009 95,149,135.38 128,071.66 40 02/10/2009 95,021,063.72 128,683.50 41 03/10/2009 94,892,380.22 173,168.99 42 04/10/2009 94,719,211.23 130,125.54 43 05/10/2009 94,589,085.69 145,324.02 44 06/10/2009 94,443,761.67 131,441.45 45 07/10/2009 94,312,320.22 146,603.57 46 08/10/2009 94,165,716.65 132,769.76 47 09/10/2009 94,032,946.89 133,404.04 48 10/10/2009 93,899,542.85 148,511.93 49 11/10/2009 93,751,030.92 134,750.84 50 12/10/2009 93,616,280.08 149,821.51 51 01/10/2010 93,466,458.57 136,110.33 52 02/10/2010 93,330,348.24 136,760.57 53 03/10/2010 93,193,587.67 180,499.27 54 04/10/2010 93,013,088.40 138,276.23 55 05/10/2010 92,874,812.17 153,249.47 56 06/10/2010 92,721,562.70 139,668.93 57 07/10/2010 92,581,893.77 154,603.69 58 08/10/2010 92,427,290.08 141,074.77 59 09/10/2010 92,286,215.31 141,748.73 60 10/10/2010 92,144,466.58 156,626.01 61 11/10/2010 91,987,840.57 143,174.16 62 12/10/2010 91,844,666.41 158,012.05 63 01/10/2011 91,686,654.36 144,613.02 64 02/10/2011 91,542,041.34 145,303.88 65 03/10/2011 91,396,737.46 188,252.67 66 04/10/2011 91,208,484.79 146,897.39 67 05/10/2011 91,061,587.40 161,632.39 68 06/10/2011 90,899,955.01 148,371.34 69 07/10/2011 90,751,583.67 163,065.60 70 08/10/2011 90,588,518.07 149,859.17 71 09/10/2011 90,438,658.90 150,575.09 72 10/10/2011 90,288,083.81 165,208.46 73 11/10/2011 90,122,875.35 152,083.69 74 12/10/2011 89,970,791.66 166,675.37 75 01/10/2012 89,804,116.29 153,606.50 76 02/10/2012 89,650,509.79 154,340.33 77 03/10/2012 89,496,169.46 182,661.63 78 04/10/2012 89,313,507.83 155,950.29 79 05/10/2012 89,157,557.54 170,435.12 80 06/10/2012 88,987,122.42 157,509.54 81 07/10/2012 88,829,612.88 171,951.28 82 08/10/2012 88,657,661.60 159,083.48 83 09/10/2012 88,498,578.12 159,843.47 84 10/10/2012 88,338,734.65 174,220.71 85 11/10/2012 88,164,513.94 161,439.40 86 12/10/2012 88,003,074.54 175,772.53 87 01/10/2013 87,827,302.01 163,050.37 88 02/10/2013 87,664,251.64 163,829.31 89 03/10/2013 87,500,422.33 205,065.25 90 04/10/2013 87,295,357.08 165,591.64 91 05/10/2013 87,129,765.44 179,810.02 92 06/10/2013 86,949,955.42 167,241.73 93 07/10/2013 86,782,713.69 181,414.52 94 08/10/2013 86,601,299.17 168,907.37 95 09/10/2013 86,432,391.80 169,714.30 96 10/10/2013 86,262,677.50 183,818.76 97 11/10/2013 86,078,858.74 171,403.23 98 12/10/2013 85,907,455.51 185,461.02 99 01/10/2014 85,721,994.49 173,108.09 100 02/10/2014 85,548,886.40 173,935.08 101 03/10/2014 85,374,951.32 214,236.65 102 04/10/2014 85,160,714.67 175,789.50 103 05/10/2014 84,984,925.17 189,726.07 104 06/10/2014 84,795,199.10 177,535.68 105 07/10/2014 84,617,663.42 191,424.00 106 08/10/2014 84,426,239.42 179,298.32 107 09/10/2014 84,246,941.10 180,154.88 108 10/10/2014 84,066,786.22 193,970.82 109 11/10/2014 83,872,815.40 181,942.20 110 12/10/2014 83,690,873.20 195,708.74 111 01/10/2015 83,495,164.46 183,746.36 112 02/10/2015 83,311,418.10 184,624.17 113 03/10/2015 83,126,793.93 223,937.44 114 04/10/2015 82,902,856.49 186,576.00 115 05/10/2015 82,716,280.49 200,214.49 116 06/10/2015 82,516,066.00 188,423.82 117 07/10/2015 82,327,642.18 202,011.24 118 08/10/2015 82,125,630.94 190,289.05 119 09/10/2015 81,935,341.89 191,198.12 120 10/10/2015 81,744,143.77 81,744,143.77 This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BACM 2005-5 Wateridge Office Park - ------------------------------------------------------------- PAYMENT PRINCIPAL PERIOD DATE BEG BALANCE PAYMENT - ------------------------------------------------------------- 1 11/10/2005 90,000,000.00 0.00 2 12/10/2005 90,000,000.00 0.00 3 01/10/2006 90,000,000.00 0.00 4 02/10/2006 90,000,000.00 0.00 5 03/10/2006 90,000,000.00 0.00 6 04/10/2006 90,000,000.00 0.00 7 05/10/2006 90,000,000.00 0.00 8 06/10/2006 90,000,000.00 0.00 9 07/10/2006 90,000,000.00 0.00 10 08/10/2006 90,000,000.00 0.00 11 09/10/2006 90,000,000.00 0.00 12 10/10/2006 90,000,000.00 0.00 13 11/10/2006 90,000,000.00 0.00 14 12/10/2006 90,000,000.00 0.00 15 01/10/2007 90,000,000.00 0.00 16 02/10/2007 90,000,000.00 0.00 17 03/10/2007 90,000,000.00 0.00 18 04/10/2007 90,000,000.00 0.00 19 05/10/2007 90,000,000.00 0.00 20 06/10/2007 90,000,000.00 0.00 21 07/10/2007 90,000,000.00 0.00 22 08/10/2007 90,000,000.00 0.00 23 09/10/2007 90,000,000.00 0.00 24 10/10/2007 90,000,000.00 0.00 25 11/10/2007 90,000,000.00 0.00 26 12/10/2007 90,000,000.00 0.00 27 01/10/2008 90,000,000.00 0.00 28 02/10/2008 90,000,000.00 0.00 29 03/10/2008 90,000,000.00 0.00 30 04/10/2008 90,000,000.00 0.00 31 05/10/2008 90,000,000.00 0.00 32 06/10/2008 90,000,000.00 0.00 33 07/10/2008 90,000,000.00 0.00 34 08/10/2008 90,000,000.00 0.00 35 09/10/2008 90,000,000.00 0.00 36 10/10/2008 90,000,000.00 0.00 37 11/10/2008 90,000,000.00 0.00 38 12/10/2008 90,000,000.00 0.00 39 01/10/2009 90,000,000.00 0.00 40 02/10/2009 90,000,000.00 0.00 41 03/10/2009 90,000,000.00 0.00 42 04/10/2009 90,000,000.00 0.00 43 05/10/2009 90,000,000.00 0.00 44 06/10/2009 90,000,000.00 0.00 45 07/10/2009 90,000,000.00 0.00 46 08/10/2009 90,000,000.00 0.00 47 09/10/2009 90,000,000.00 0.00 48 10/10/2009 90,000,000.00 0.00 49 11/10/2009 90,000,000.00 0.00 50 12/10/2009 90,000,000.00 0.00 51 01/10/2010 90,000,000.00 0.00 52 02/10/2010 90,000,000.00 0.00 53 03/10/2010 90,000,000.00 0.00 54 04/10/2010 90,000,000.00 0.00 55 05/10/2010 90,000,000.00 0.00 56 06/10/2010 90,000,000.00 0.00 57 07/10/2010 90,000,000.00 0.00 58 08/10/2010 90,000,000.00 0.00 59 09/10/2010 90,000,000.00 0.00 60 10/10/2010 90,000,000.00 103,812.33 61 11/10/2010 89,896,187.67 91,228.97 62 12/10/2010 89,804,958.70 104,660.76 63 01/10/2011 89,700,297.94 92,109.49 64 02/10/2011 89,608,188.45 92,523.52 65 03/10/2011 89,515,664.93 131,878.73 66 04/10/2011 89,383,786.20 93,532.21 67 05/10/2011 89,290,253.99 106,899.73 68 06/10/2011 89,183,354.26 94,433.15 69 07/10/2011 89,088,921.11 107,775.52 70 08/10/2011 88,981,145.59 95,342.08 71 09/10/2011 88,885,803.51 95,770.64 72 10/10/2011 88,790,032.86 109,075.69 73 11/10/2011 88,680,957.18 96,691.43 74 12/10/2011 88,584,265.75 109,970.77 75 01/10/2012 88,474,294.98 97,620.37 76 02/10/2012 88,376,674.60 98,059.18 77 03/10/2012 88,278,615.42 124,100.75 78 04/10/2012 88,154,514.67 99,057.79 79 05/10/2012 88,055,456.89 112,271.09 80 06/10/2012 87,943,185.79 100,007.71 81 07/10/2012 87,843,178.08 113,194.51 82 08/10/2012 87,729,983.58 100,966.05 83 09/10/2012 87,629,017.52 101,419.90 84 10/10/2012 87,527,597.63 114,567.28 85 11/10/2012 87,413,030.35 102,390.76 86 12/10/2012 87,310,639.59 115,511.05 87 01/10/2013 87,195,128.54 103,370.23 88 02/10/2013 87,091,758.31 103,834.88 89 03/10/2013 86,987,923.44 142,141.36 90 04/10/2013 86,845,782.08 104,940.54 91 05/10/2013 86,740,841.54 117,989.67 92 06/10/2013 86,622,851.87 105,942.61 93 07/10/2013 86,516,909.26 118,963.77 94 08/10/2013 86,397,945.48 106,953.57 95 09/10/2013 86,290,991.92 107,434.32 96 10/10/2013 86,183,557.60 120,413.85 97 11/10/2013 86,063,143.74 108,458.50 98 12/10/2013 85,954,685.24 121,409.45 99 01/10/2014 85,833,275.79 109,491.76 100 02/10/2014 85,723,784.04 109,983.92 101 03/10/2014 85,613,800.12 147,720.30 102 04/10/2014 85,466,079.82 111,142.30 103 05/10/2014 85,354,937.51 124,018.35 104 06/10/2014 85,230,919.16 112,199.35 105 07/10/2014 85,118,719.81 125,045.90 106 08/10/2014 84,993,673.92 113,265.77 107 09/10/2014 84,880,408.15 113,774.90 108 10/10/2014 84,766,633.25 126,577.48 109 11/10/2014 84,640,055.78 114,855.28 110 12/10/2014 84,525,200.50 127,627.71 111 01/10/2015 84,397,572.79 115,945.24 112 02/10/2015 84,281,627.55 116,466.41 113 03/10/2015 84,165,161.14 153,601.78 114 04/10/2015 84,011,559.36 117,680.37 115 05/10/2015 83,893,878.99 130,373.96 116 06/10/2015 83,763,505.03 118,795.37 117 07/10/2015 83,644,709.66 131,457.84 118 08/10/2015 83,513,251.82 119,920.26 119 09/10/2015 83,393,331.55 83,393,331.55 - ------------------------------------------------------------- This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BACM 2005-5 Sunroad Corporate II - ------------------------------------------------------------- PAYMENT PRINCIPAL PERIOD DATE BEG BALANCE PAYMENT - ------------------------------------------------------------- 1 11/10/2005 90,000,000.00 0.00 2 12/10/2005 90,000,000.00 0.00 3 01/10/2006 90,000,000.00 0.00 4 02/10/2006 90,000,000.00 0.00 5 03/10/2006 90,000,000.00 0.00 6 04/10/2006 90,000,000.00 0.00 7 05/10/2006 90,000,000.00 0.00 8 06/10/2006 90,000,000.00 0.00 9 07/10/2006 90,000,000.00 0.00 10 08/10/2006 90,000,000.00 0.00 11 09/10/2006 90,000,000.00 0.00 12 10/10/2006 90,000,000.00 0.00 13 11/10/2006 90,000,000.00 0.00 14 12/10/2006 90,000,000.00 0.00 15 01/10/2007 90,000,000.00 0.00 16 02/10/2007 90,000,000.00 0.00 17 03/10/2007 90,000,000.00 0.00 18 04/10/2007 90,000,000.00 0.00 19 05/10/2007 90,000,000.00 0.00 20 06/10/2007 90,000,000.00 0.00 21 07/10/2007 90,000,000.00 0.00 22 08/10/2007 90,000,000.00 0.00 23 09/10/2007 90,000,000.00 0.00 24 10/10/2007 90,000,000.00 0.00 25 11/10/2007 90,000,000.00 0.00 26 12/10/2007 90,000,000.00 0.00 27 01/10/2008 90,000,000.00 0.00 28 02/10/2008 90,000,000.00 0.00 29 03/10/2008 90,000,000.00 0.00 30 04/10/2008 90,000,000.00 0.00 31 05/10/2008 90,000,000.00 0.00 32 06/10/2008 90,000,000.00 0.00 33 07/10/2008 90,000,000.00 0.00 34 08/10/2008 90,000,000.00 0.00 35 09/10/2008 90,000,000.00 0.00 36 10/10/2008 90,000,000.00 0.00 37 11/10/2008 90,000,000.00 0.00 38 12/10/2008 90,000,000.00 0.00 39 01/10/2009 90,000,000.00 0.00 40 02/10/2009 90,000,000.00 0.00 41 03/10/2009 90,000,000.00 0.00 42 04/10/2009 90,000,000.00 0.00 43 05/10/2009 90,000,000.00 0.00 44 06/10/2009 90,000,000.00 0.00 45 07/10/2009 90,000,000.00 0.00 46 08/10/2009 90,000,000.00 0.00 47 09/10/2009 90,000,000.00 0.00 48 10/10/2009 90,000,000.00 0.00 49 11/10/2009 90,000,000.00 0.00 50 12/10/2009 90,000,000.00 0.00 51 01/10/2010 90,000,000.00 0.00 52 02/10/2010 90,000,000.00 0.00 53 03/10/2010 90,000,000.00 0.00 54 04/10/2010 90,000,000.00 0.00 55 05/10/2010 90,000,000.00 0.00 56 06/10/2010 90,000,000.00 0.00 57 07/10/2010 90,000,000.00 0.00 58 08/10/2010 90,000,000.00 0.00 59 09/10/2010 90,000,000.00 91,053.11 60 10/10/2010 89,908,946.89 104,464.93 61 11/10/2010 89,804,481.96 91,929.72 62 12/10/2010 89,712,552.23 105,317.07 63 01/10/2011 89,607,235.16 92,814.09 64 02/10/2011 89,514,421.07 93,230.23 65 03/10/2011 89,421,190.85 132,447.34 66 04/10/2011 89,288,743.51 94,242.06 67 05/10/2011 89,194,501.45 107,564.85 68 06/10/2011 89,086,936.60 95,146.87 69 07/10/2011 88,991,789.72 108,444.40 70 08/10/2011 88,883,345.32 96,059.68 71 09/10/2011 88,787,285.64 96,490.37 72 10/10/2011 88,690,795.27 109,750.39 73 11/10/2011 88,581,044.88 97,415.06 74 12/10/2011 88,483,629.81 110,649.26 75 01/10/2012 88,372,980.55 98,347.93 76 02/10/2012 88,274,632.62 98,788.88 77 03/10/2012 88,175,843.74 124,737.64 78 04/10/2012 88,051,106.10 99,791.07 79 05/10/2012 87,951,315.03 112,958.93 80 06/10/2012 87,838,356.10 100,744.94 81 07/10/2012 87,737,611.16 113,886.18 82 08/10/2012 87,623,724.98 101,707.25 83 09/10/2012 87,522,017.73 102,163.26 84 10/10/2012 87,419,854.47 115,264.90 85 11/10/2012 87,304,589.57 103,138.11 86 12/10/2012 87,201,451.46 116,212.53 87 01/10/2013 87,085,238.93 104,121.58 88 02/10/2013 86,981,117.36 104,588.41 89 03/10/2013 86,876,528.94 142,752.34 90 04/10/2013 86,733,776.60 105,697.38 91 05/10/2013 86,628,079.22 118,700.34 92 06/10/2013 86,509,378.88 106,703.47 93 07/10/2013 86,402,675.41 119,678.35 94 08/10/2013 86,282,997.05 107,718.47 95 09/10/2013 86,175,278.59 108,201.43 96 10/10/2013 86,067,077.16 121,134.48 97 11/10/2013 85,945,942.67 109,229.67 98 12/10/2013 85,836,713.00 122,134.02 99 01/10/2014 85,714,578.99 110,267.00 100 02/10/2014 85,604,311.99 110,761.38 101 03/10/2014 85,493,550.61 148,352.93 102 04/10/2014 85,345,197.68 111,923.14 103 05/10/2014 85,233,274.54 124,752.28 104 06/10/2014 85,108,522.26 112,984.28 105 07/10/2014 84,995,537.98 125,783.80 106 08/10/2014 84,869,754.17 114,054.81 107 09/10/2014 84,755,699.36 114,566.18 108 10/10/2014 84,641,133.18 127,321.54 109 11/10/2014 84,513,811.65 115,650.69 110 12/10/2014 84,398,160.95 128,375.77 111 01/10/2015 84,269,785.18 116,744.80 112 02/10/2015 84,153,040.38 117,268.23 113 03/10/2015 84,035,772.15 154,256.43 114 04/10/2015 83,881,515.72 118,485.62 115 05/10/2015 83,763,030.10 131,131.55 116 06/10/2015 83,631,898.55 119,604.79 117 07/10/2015 83,512,293.75 132,219.48 118 08/10/2015 83,380,074.28 83,380,074.28 - ------------------------------------------------------------- This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BACM 2005-5 San Gabriel Square - ------------------------------------------------------------- PAYMENT PRINCIPAL PERIOD DATE BEG BALANCE PAYMENT - ------------------------------------------------------------- 1 11/10/2005 56,935,226.35 56,677.60 2 12/10/2005 56,878,548.75 65,310.06 3 01/10/2006 56,813,238.69 57,234.34 4 02/10/2006 56,756,004.35 57,495.55 5 03/10/2006 56,698,508.79 82,799.80 6 04/10/2006 56,615,709.00 58,135.84 7 05/10/2006 56,557,573.15 66,727.70 8 06/10/2006 56,490,845.45 58,705.71 9 07/10/2006 56,432,139.74 67,281.70 10 08/10/2006 56,364,858.04 59,280.70 11 09/10/2006 56,305,577.34 59,551.25 12 10/10/2006 56,246,026.09 68,103.70 13 11/10/2006 56,177,922.39 60,133.85 14 12/10/2006 56,117,788.53 68,670.08 15 01/10/2007 56,049,118.45 60,721.70 16 02/10/2007 55,988,396.75 60,998.83 17 03/10/2007 55,927,397.92 85,978.49 18 04/10/2007 55,841,419.43 61,669.62 19 05/10/2007 55,779,749.82 70,163.09 20 06/10/2007 55,709,586.73 62,271.29 21 07/10/2007 55,647,315.44 70,748.01 22 08/10/2007 55,576,567.44 62,878.37 23 09/10/2007 55,513,689.07 63,165.34 24 10/10/2007 55,450,523.72 71,617.17 25 11/10/2007 55,378,906.55 63,780.47 26 12/10/2007 55,315,126.08 72,215.18 27 01/10/2008 55,242,910.90 64,401.14 28 02/10/2008 55,178,509.76 64,695.06 29 03/10/2008 55,113,814.70 81,218.28 30 04/10/2008 55,032,596.42 65,360.99 31 05/10/2008 54,967,235.42 73,751.69 32 06/10/2008 54,893,483.73 65,995.89 33 07/10/2008 54,827,487.84 74,368.91 34 08/10/2008 54,753,118.93 66,636.50 35 09/10/2008 54,686,482.43 66,940.62 36 10/10/2008 54,619,541.81 75,287.34 37 11/10/2008 54,544,254.47 67,589.73 38 12/10/2008 54,476,664.74 75,918.38 39 01/10/2009 54,400,746.36 68,244.69 40 02/10/2009 54,332,501.67 68,556.15 41 03/10/2009 54,263,945.52 92,835.61 42 04/10/2009 54,171,109.91 69,292.72 43 05/10/2009 54,101,817.19 77,573.96 44 06/10/2009 54,024,243.23 69,963.01 45 07/10/2009 53,954,280.22 78,225.58 46 08/10/2009 53,876,054.64 70,639.32 47 09/10/2009 53,805,415.32 70,961.71 48 10/10/2009 53,734,453.61 79,196.48 49 11/10/2009 53,655,257.13 71,647.02 50 12/10/2009 53,583,610.11 79,862.71 51 01/10/2010 53,503,747.40 72,338.49 52 02/10/2010 53,431,408.91 72,668.64 53 03/10/2010 53,358,740.28 96,567.07 54 04/10/2010 53,262,173.21 73,441.01 55 05/10/2010 53,188,732.20 81,606.75 56 06/10/2010 53,107,125.45 74,148.63 57 07/10/2010 53,032,976.82 82,294.67 58 08/10/2010 52,950,682.15 74,862.62 59 09/10/2010 52,875,819.53 75,204.28 60 10/10/2010 52,800,615.25 83,320.93 61 11/10/2010 52,717,294.32 75,927.78 62 12/10/2010 52,641,366.54 84,024.28 63 01/10/2011 52,557,342.26 76,657.78 64 02/10/2011 52,480,684.48 77,007.64 65 03/10/2011 52,403,676.84 100,504.05 66 04/10/2011 52,303,172.79 77,817.78 67 05/10/2011 52,225,355.01 85,861.67 68 06/10/2011 52,139,493.35 78,564.80 69 07/10/2011 52,060,928.55 86,587.88 70 08/10/2011 51,974,340.67 79,318.53 71 09/10/2011 51,895,022.13 79,680.54 72 10/10/2011 51,815,341.60 87,672.56 73 11/10/2011 51,727,669.04 80,444.32 74 12/10/2011 51,647,224.72 88,415.07 75 01/10/2012 51,558,809.65 81,214.97 76 02/10/2012 51,477,594.68 81,585.63 77 03/10/2012 51,396,009.05 97,091.24 78 04/10/2012 51,298,917.81 82,401.09 79 05/10/2012 51,216,516.72 90,317.37 80 06/10/2012 51,126,199.35 83,189.36 81 07/10/2012 51,043,009.99 91,083.69 82 08/10/2012 50,951,926.30 83,984.72 83 09/10/2012 50,867,941.58 84,368.02 84 10/10/2012 50,783,573.57 92,229.53 85 11/10/2012 50,691,344.03 85,173.99 86 12/10/2012 50,606,170.05 93,013.07 87 01/10/2013 50,513,156.98 85,987.21 88 02/10/2013 50,427,169.77 86,379.65 89 03/10/2013 50,340,790.12 109,007.73 90 04/10/2013 50,231,782.39 87,271.38 91 05/10/2013 50,144,511.01 95,052.06 92 06/10/2013 50,049,458.95 88,103.48 93 07/10/2013 49,961,355.47 95,861.00 94 08/10/2013 49,865,494.48 88,943.07 95 09/10/2013 49,776,551.40 89,349.00 96 10/10/2013 49,687,202.40 97,071.84 97 11/10/2013 49,590,130.56 90,199.80 98 12/10/2013 49,499,930.76 97,898.96 99 01/10/2014 49,402,031.80 91,058.27 100 02/10/2014 49,310,973.54 91,473.85 101 03/10/2014 49,219,499.69 113,629.93 102 04/10/2014 49,105,869.76 92,409.92 103 05/10/2014 49,013,459.84 100,047.54 104 06/10/2014 48,913,412.30 93,288.27 105 07/10/2014 48,820,124.03 100,901.44 106 08/10/2014 48,719,222.60 94,174.53 107 09/10/2014 48,625,048.07 94,604.33 108 10/10/2014 48,530,443.73 102,180.86 109 11/10/2014 48,428,262.88 95,502.44 110 12/10/2014 48,332,760.44 103,053.96 111 01/10/2015 48,229,706.48 96,408.63 112 02/10/2015 48,133,297.85 96,848.63 113 03/10/2015 48,036,449.22 118,506.73 114 04/10/2015 47,917,942.49 97,831.48 115 05/10/2015 47,820,111.01 105,318.16 116 06/10/2015 47,714,792.85 98,758.64 117 07/10/2015 47,616,034.21 106,219.50 118 08/10/2015 47,509,814.71 99,694.13 119 09/10/2015 47,410,120.58 47,410,120.58 - ------------------------------------------------------------- This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BACM 2005-5 Sothebys - ---------------------------------------------------- PAYMENT PRINCIPAL PERIO DATE BEG BALANCE PAYMENT - ---------------------------------------------------- 1 11/10/2005 100,000,000.00 0.00 2 12/10/2005 100,000,000.00 0.00 3 01/10/2006 100,000,000.00 0.00 4 02/10/2006 100,000,000.00 0.00 5 03/10/2006 100,000,000.00 0.00 6 04/10/2006 100,000,000.00 0.00 7 05/10/2006 100,000,000.00 0.00 8 06/10/2006 100,000,000.00 0.00 9 07/10/2006 100,000,000.00 0.00 10 08/10/2006 100,000,000.00 0.00 11 09/10/2006 100,000,000.00 0.00 12 10/10/2006 100,000,000.00 0.00 13 11/10/2006 100,000,000.00 0.00 14 12/10/2006 100,000,000.00 0.00 15 01/10/2007 100,000,000.00 0.00 16 02/10/2007 100,000,000.00 0.00 17 03/10/2007 100,000,000.00 0.00 18 04/10/2007 100,000,000.00 0.00 19 05/10/2007 100,000,000.00 0.00 20 06/10/2007 100,000,000.00 0.00 21 07/10/2007 100,000,000.00 0.00 22 08/10/2007 100,000,000.00 0.00 23 09/10/2007 100,000,000.00 0.00 24 10/10/2007 100,000,000.00 0.00 25 11/10/2007 100,000,000.00 0.00 26 12/10/2007 100,000,000.00 0.00 27 01/10/2008 100,000,000.00 0.00 28 02/10/2008 100,000,000.00 0.00 29 03/10/2008 100,000,000.00 0.00 30 04/10/2008 100,000,000.00 0.00 31 05/10/2008 100,000,000.00 0.00 32 06/10/2008 100,000,000.00 0.00 33 07/10/2008 100,000,000.00 0.00 34 08/10/2008 100,000,000.00 0.00 35 09/10/2008 100,000,000.00 0.00 36 10/10/2008 100,000,000.00 0.00 37 11/10/2008 100,000,000.00 0.00 38 12/10/2008 100,000,000.00 0.00 39 01/10/2009 100,000,000.00 0.00 40 02/10/2009 100,000,000.00 0.00 41 03/10/2009 100,000,000.00 0.00 42 04/10/2009 100,000,000.00 0.00 43 05/10/2009 100,000,000.00 0.00 44 06/10/2009 100,000,000.00 0.00 45 07/10/2009 100,000,000.00 0.00 46 08/10/2009 100,000,000.00 0.00 47 09/10/2009 100,000,000.00 0.00 48 10/10/2009 100,000,000.00 0.00 49 11/10/2009 100,000,000.00 0.00 50 12/10/2009 100,000,000.00 0.00 51 01/10/2010 100,000,000.00 0.00 52 02/10/2010 100,000,000.00 0.00 53 03/10/2010 100,000,000.00 0.00 54 04/10/2010 100,000,000.00 0.00 55 05/10/2010 100,000,000.00 0.00 56 06/10/2010 100,000,000.00 0.00 57 07/10/2010 100,000,000.00 0.00 58 08/10/2010 100,000,000.00 94,599.06 59 09/10/2010 99,905,400.94 95,045.62 60 10/10/2010 99,810,355.32 110,693.20 61 11/10/2010 99,699,662.12 96,016.84 62 12/10/2010 99,603,645.28 111,637.52 63 01/10/2011 99,492,007.76 96,997.09 64 02/10/2011 99,395,010.67 97,454.98 65 03/10/2011 99,297,555.69 143,277.46 66 04/10/2011 99,154,278.23 98,591.38 67 05/10/2011 99,055,686.85 114,140.77 68 06/10/2011 98,941,546.08 99,595.61 69 07/10/2011 98,841,950.47 115,117.19 70 08/10/2011 98,726,833.28 100,609.18 71 09/10/2011 98,626,224.09 101,084.12 72 10/10/2011 98,525,139.97 116,564.49 73 11/10/2011 98,408,575.48 102,111.56 74 12/10/2011 98,306,463.93 117,563.47 75 01/10/2012 98,188,900.45 103,148.56 76 02/10/2012 98,085,751.90 103,635.48 77 03/10/2012 97,982,116.42 133,965.70 78 04/10/2012 97,848,150.72 104,757.10 79 05/10/2012 97,743,393.61 120,135.77 80 06/10/2012 97,623,257.85 105,818.73 81 07/10/2012 97,517,439.11 121,168.00 82 08/10/2012 97,396,271.11 106,890.25 83 09/10/2012 97,289,380.86 107,394.84 84 10/10/2012 97,181,986.02 122,700.46 85 11/10/2012 97,059,285.56 108,481.03 86 12/10/2012 96,950,804.53 123,756.58 87 01/10/2013 96,827,047.95 109,577.33 88 02/10/2013 96,717,470.62 110,094.60 89 03/10/2013 96,607,376.01 154,747.79 90 04/10/2013 96,452,628.23 111,344.82 91 05/10/2013 96,341,283.41 126,541.07 92 06/10/2013 96,214,742.33 112,467.79 93 07/10/2013 96,102,274.54 127,632.95 94 08/10/2013 95,974,641.60 113,601.21 95 09/10/2013 95,861,040.39 114,137.48 96 10/10/2013 95,746,902.91 129,256.40 97 11/10/2013 95,617,646.51 115,286.45 98 12/10/2013 95,502,360.06 130,373.56 99 01/10/2014 95,371,986.51 116,446.11 100 02/10/2014 95,255,540.39 116,995.81 101 03/10/2014 95,138,544.59 161,010.56 102 04/10/2014 94,977,534.03 118,308.17 103 05/10/2014 94,859,225.86 133,311.61 104 06/10/2014 94,725,914.25 119,495.97 105 07/10/2014 94,606,418.29 134,466.52 106 08/10/2014 94,471,951.77 120,694.82 107 09/10/2014 94,351,256.95 121,264.58 108 10/10/2014 94,229,992.37 136,186.16 109 11/10/2014 94,093,806.21 122,479.90 110 12/10/2014 93,971,326.31 137,367.83 111 01/10/2015 93,833,958.48 123,706.54 112 02/10/2015 93,710,251.94 124,290.51 113 03/10/2015 93,585,961.42 167,630.43 114 04/10/2015 93,418,331.00 125,668.56 115 05/10/2015 93,292,662.44 140,468.19 116 06/10/2015 93,152,194.25 126,924.89 117 07/10/2015 93,025,269.36 93,025,269.36 - -------------------------------------------------- This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BACM 2005-5 Torre Mayor - -------------------------------------------------------- PAYMENT PRINCIPAL PERIOD DATE BEG BALANCE PAYMENT - -------------------------------------------------------- 1 11/10/2005 55,000,000.00 0.00 2 12/10/2005 55,000,000.00 0.00 3 01/10/2006 55,000,000.00 0.00 4 02/10/2006 55,000,000.00 0.00 5 03/10/2006 55,000,000.00 0.00 6 04/10/2006 55,000,000.00 0.00 7 05/10/2006 55,000,000.00 40,443.55 8 06/10/2006 54,959,556.45 29,177.74 9 07/10/2006 54,930,378.71 40,881.35 10 08/10/2006 54,889,497.36 29,632.98 11 09/10/2006 54,859,864.38 29,825.53 12 10/10/2006 54,830,038.85 41,512.32 13 11/10/2006 54,788,526.52 30,289.08 14 12/10/2006 54,758,237.44 41,963.83 15 01/10/2007 54,716,273.61 30,758.58 16 02/10/2007 54,685,515.03 30,958.45 17 03/10/2007 54,654,556.58 65,528.22 18 04/10/2007 54,589,028.36 31,585.41 19 05/10/2007 54,557,442.95 43,226.50 20 06/10/2007 54,514,216.46 32,071.53 21 07/10/2007 54,482,144.92 43,700.00 22 08/10/2007 54,438,444.93 32,563.89 23 09/10/2007 54,405,881.03 32,775.49 24 10/10/2007 54,373,105.54 44,385.67 25 11/10/2007 54,328,719.87 33,276.88 26 12/10/2007 54,295,442.99 44,874.04 27 01/10/2008 54,250,568.95 33,784.70 28 02/10/2008 54,216,784.25 34,004.23 29 03/10/2008 54,182,780.02 56,939.81 30 04/10/2008 54,125,840.20 34,595.18 31 05/10/2008 54,091,245.02 46,158.10 32 06/10/2008 54,045,086.92 35,119.91 33 07/10/2008 54,009,967.01 46,669.21 34 08/10/2008 53,963,297.80 35,651.37 35 09/10/2008 53,927,646.43 35,883.03 36 10/10/2008 53,891,763.39 47,412.51 37 11/10/2008 53,844,350.88 36,424.28 38 12/10/2008 53,807,926.60 47,939.71 39 01/10/2009 53,759,986.89 36,972.48 40 02/10/2009 53,723,014.42 37,212.72 41 03/10/2009 53,685,801.70 71,213.95 42 04/10/2009 53,614,587.75 37,917.27 43 05/10/2009 53,576,670.48 49,393.92 44 06/10/2009 53,527,276.55 38,484.61 45 07/10/2009 53,488,791.94 49,946.53 46 08/10/2009 53,438,845.41 39,059.24 47 09/10/2009 53,399,786.17 39,313.04 48 10/10/2009 53,360,473.13 50,753.44 49 11/10/2009 53,309,719.69 39,898.29 50 12/10/2009 53,269,821.41 51,323.49 51 01/10/2010 53,218,497.92 40,491.04 52 02/10/2010 53,178,006.87 40,754.15 53 03/10/2010 53,137,252.72 74,433.44 54 04/10/2010 53,062,819.28 41,502.63 55 05/10/2010 53,021,316.65 52,886.17 56 06/10/2010 52,968,430.48 42,115.97 57 07/10/2010 52,926,314.51 53,483.58 58 08/10/2010 52,872,830.94 42,737.17 59 09/10/2010 52,830,093.77 43,014.87 60 10/10/2010 52,787,078.90 54,359.14 61 11/10/2010 52,732,719.77 43,647.60 62 12/10/2010 52,689,072.17 54,975.44 63 01/10/2011 52,634,096.73 44,288.45 64 02/10/2011 52,589,808.28 44,576.23 65 03/10/2011 52,545,232.05 77,908.08 66 04/10/2011 52,467,323.97 45,372.13 67 05/10/2011 52,421,951.85 56,655.18 68 06/10/2011 52,365,296.67 46,035.10 69 07/10/2011 52,319,261.57 57,300.93 70 08/10/2011 52,261,960.65 46,706.57 71 09/10/2011 52,215,254.08 47,010.06 72 10/10/2011 52,168,244.02 58,250.58 73 11/10/2011 52,109,993.44 47,694.04 74 12/10/2011 52,062,299.40 58,916.79 75 01/10/2012 52,003,382.61 48,386.79 76 02/10/2012 51,954,995.81 48,701.21 77 03/10/2012 51,906,294.61 70,777.94 78 04/10/2012 51,835,516.67 49,477.58 79 05/10/2012 51,786,039.09 60,654.01 80 06/10/2012 51,725,385.08 50,193.21 81 07/10/2012 51,675,191.88 61,351.05 82 08/10/2012 51,613,840.83 50,918.01 83 09/10/2012 51,562,922.81 51,248.88 84 10/10/2012 51,511,673.94 62,379.31 85 11/10/2012 51,449,294.63 51,987.23 86 12/10/2012 51,397,307.40 63,098.48 87 01/10/2013 51,334,208.92 52,735.05 88 02/10/2013 51,281,473.88 53,077.72 89 03/10/2013 51,228,396.16 85,636.73 90 04/10/2013 51,142,759.43 53,979.07 91 05/10/2013 51,088,780.35 65,038.60 92 06/10/2013 51,023,741.75 54,752.44 93 07/10/2013 50,968,989.30 65,791.89 94 08/10/2013 50,903,197.41 55,535.74 95 09/10/2013 50,847,661.68 55,896.60 96 10/10/2013 50,791,765.08 66,906.33 97 11/10/2013 50,724,858.74 56,694.57 98 12/10/2013 50,668,164.17 67,683.58 99 01/10/2014 50,600,480.59 57,502.77 100 02/10/2014 50,542,977.82 57,876.42 101 03/10/2014 50,485,101.40 89,999.21 102 04/10/2014 50,395,102.19 58,837.31 103 05/10/2014 50,336,264.88 69,770.67 104 06/10/2014 50,266,494.20 59,673.00 105 07/10/2014 50,206,821.21 70,584.66 106 08/10/2014 50,136,236.55 60,519.40 107 09/10/2014 50,075,717.15 60,912.66 108 10/10/2014 50,014,804.49 71,792.12 109 11/10/2014 49,943,012.37 61,774.96 110 12/10/2014 49,881,237.40 72,632.04 111 01/10/2015 49,808,605.37 62,648.33 112 02/10/2015 49,745,957.04 63,055.42 113 03/10/2015 49,682,901.62 94,707.41 114 04/10/2015 49,588,194.20 64,080.55 115 05/10/2015 49,524,113.65 74,877.75 116 06/10/2015 49,449,235.90 64,983.50 117 07/10/2015 49,384,252.40 75,757.24 118 08/10/2015 49,308,495.16 65,898.02 119 09/10/2015 49,242,597.14 49,242,597.14 - -------------------------------------------------------- This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. 1 2 3 4 5 CUT-OFF PERIOD 1-6 PERIOD 7-12 PERIOD 13-18 PERIOD 19-24 PERIOD 25-30 CLASS RATING BALANCE PAC IO NOTIONAL PAC IO NOTIONAL PAC IO NOTIONAL PAC IO NOTIONAL PAC IO NOTIONAL - ----- --------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- A-1 AAA/Aaa 65,500,000.00 62,038,000.00 57,552,000.00 20,025,000.00 -- -- A-2 AAA/Aaa 245,000,000.00 245,000,000.00 245,000,000.00 245,000,000.00 222,396,000.00 180,201,000.00 A-3A AAA/Aaa 114,950,000.00 114,950,000.00 114,950,000.00 114,950,000.00 114,950,000.00 114,950,000.00 A-3B AAA/Aaa 50,000,000.00 50,000,000.00 50,000,000.00 50,000,000.00 50,000,000.00 50,000,000.00 A-SB AAA/Aaa 99,086,000.00 99,086,000.00 99,086,000.00 99,086,000.00 99,086,000.00 99,086,000.00 A-4 AAA/Aaa 799,100,000.00 799,100,000.00 799,100,000.00 799,100,000.00 799,100,000.00 799,100,000.00 A-M AAA/Aaa 196,234,000.00 196,234,000.00 196,234,000.00 196,234,000.00 196,234,000.00 196,234,000.00 AJ AAA/Aaa 120,193,000.00 120,193,000.00 120,193,000.00 120,193,000.00 120,193,000.00 120,193,000.00 B AA/Aa2 41,700,000.00 41,700,000.00 41,700,000.00 41,700,000.00 41,700,000.00 41,700,000.00 C AA-/Aa3 19,624,000.00 19,624,000.00 19,624,000.00 19,624,000.00 19,624,000.00 19,624,000.00 D A/A2 36,793,000.00 36,793,000.00 36,793,000.00 36,793,000.00 36,793,000.00 36,793,000.00 E A-/A3 19,624,000.00 19,624,000.00 19,624,000.00 19,624,000.00 19,624,000.00 19,624,000.00 F BBB+/Baa1 24,529,000.00 24,529,000.00 24,529,000.00 24,529,000.00 24,529,000.00 24,529,000.00 G BBB/Baa2 26,982,000.00 26,982,000.00 26,982,000.00 26,982,000.00 26,982,000.00 26,982,000.00 H BBB-/Baa3 24,529,000.00 24,529,000.00 24,529,000.00 24,529,000.00 24,529,000.00 24,529,000.00 J BB+/Ba1 12,265,000.00 12,265,000.00 12,265,000.00 12,265,000.00 12,265,000.00 12,265,000.00 K BB/Ba2 12,265,000.00 12,265,000.00 12,265,000.00 12,265,000.00 12,265,000.00 12,265,000.00 L BB-/Ba3 4,905,000.00 4,905,000.00 4,905,000.00 4,905,000.00 4,905,000.00 1,023,000.00 ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- Total 1,913,279,000.00 1,909,817,000.00 1,905,331,000.00 1,867,804,000.00 1,825,175,000.00 1,779,098,000.00 ================ ================ ================ ================ ================ ================ 6 7 8 9 10 11 12 PERIOD 31-36 PERIOD 37-42 PERIOD 43-48 PERIOD 49-54 PERIOD 55-60 PERIOD 61-66 PERIOD 67-72 CLASS PAC IO NOTIONAL PAC IO NOTIONAL PAC IO NOTIONAL PAC IO NOTIONAL PAC IO NOTIONAL PAC IO NOTIONAL PAC IO NOTIONAL - ----- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- A-1 -- -- -- -- -- -- -- A-2 88,220,000.00 47,554,000.00 8,372,000.00 -- -- -- -- A-3A 114,950,000.00 114,950,000.00 114,950,000.00 85,215,000.00 -- -- -- A-3B 50,000,000.00 50,000,000.00 50,000,000.00 50,000,000.00 -- -- -- A-SB 99,086,000.00 99,086,000.00 99,086,000.00 99,086,000.00 43,191,000.00 8,554,000.00 -- A-4 799,100,000.00 799,100,000.00 799,100,000.00 799,100,000.00 799,100,000.00 799,100,000.00 774,453,000.00 A-M 196,234,000.00 196,234,000.00 196,234,000.00 196,234,000.00 196,234,000.00 196,234,000.00 196,234,000.00 AJ 120,193,000.00 120,193,000.00 120,193,000.00 120,193,000.00 120,193,000.00 120,193,000.00 120,193,000.00 B 41,700,000.00 41,700,000.00 41,700,000.00 41,700,000.00 41,700,000.00 41,700,000.00 41,700,000.00 C 19,624,000.00 19,624,000.00 19,624,000.00 19,624,000.00 19,624,000.00 19,624,000.00 19,624,000.00 D 36,793,000.00 36,793,000.00 36,793,000.00 36,793,000.00 36,793,000.00 36,793,000.00 36,793,000.00 E 19,624,000.00 19,624,000.00 19,624,000.00 19,624,000.00 19,624,000.00 19,624,000.00 15,505,000.00 F 24,529,000.00 24,529,000.00 24,529,000.00 24,529,000.00 20,721,000.00 8,074,000.00 -- G 26,982,000.00 26,982,000.00 26,208,000.00 10,920,000.00 -- -- -- H 24,529,000.00 15,609,000.00 -- -- -- -- -- J 8,028,000.00 -- -- -- -- -- -- K -- -- -- -- -- -- -- L -- -- -- -- -- -- -- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- Total 1,669,592,000.00 1,611,978,000.00 1,556,413,000.00 1,503,018,000.00 1,297,180,000.00 1,249,896,000.00 1,204,502,000.00 ================ ================ ================ ================ ================ ================ ================ 13 14 15 16 PERIOD 73-78 PERIOD 79-84 PERIOD 85-90 PERIOD 91-96 CLASS PAC IO NOTIONAL PAC IO NOTIONAL PAC IO NOTIONAL PAC IO NOTIONAL - ----- ---------------- ---------------- --------------- --------------- A-1 -- -- -- -- A-2 -- -- -- -- A-3A -- -- -- -- A-3B -- -- -- -- A-SB -- -- -- -- A-4 652,853,000.00 600,383,000.00 -- -- A-M 196,234,000.00 196,234,000.00 -- -- AJ 120,193,000.00 120,193,000.00 -- -- B 41,700,000.00 41,700,000.00 -- -- C 19,624,000.00 19,624,000.00 -- -- D 36,793,000.00 30,035,000.00 -- -- E 3,782,000.00 -- -- -- F -- -- -- -- G -- -- -- -- H -- -- -- -- J -- -- -- -- K -- -- -- -- L -- -- -- -- ---------------- ---------------- --- --- Total 1,071,179,000.00 1,008,169,000.00 -- -- ================ ================ === === PAC IO SCHEDULED PAYMENT DATE PERIOD WAC - ------------ ------ ---------------- 10/1/2005 0 11/1/2005 1 5.371500% 12/1/2005 2 5.199100% 1/1/2006 3 5.199000% 2/1/2006 4 5.198900% 3/1/2006 5 5.199000% 4/1/2006 6 5.371000% 5/1/2006 7 5.192000% 6/1/2006 8 5.364000% 7/1/2006 9 5.191900% 8/1/2006 10 5.363800% 9/1/2006 11 5.363800% 10/1/2006 12 5.191700% 11/1/2006 13 5.363600% 12/1/2006 14 5.191500% 1/1/2007 15 5.191400% 2/1/2007 16 5.191400% 3/1/2007 17 5.191500% 4/1/2007 18 5.363200% 5/1/2007 19 5.191100% 6/1/2007 20 5.363000% 7/1/2007 21 5.191000% 8/1/2007 22 5.364700% 9/1/2007 23 5.364600% 10/1/2007 24 5.196600% 11/1/2007 25 5.368700% 12/1/2007 26 5.196400% 1/1/2008 27 5.368500% 2/1/2008 28 5.196200% 3/1/2008 29 5.197100% 4/1/2008 30 5.368200% 5/1/2008 31 5.195900% 6/1/2008 32 5.368000% 7/1/2008 33 5.195700% 8/1/2008 34 5.367800% 9/1/2008 35 5.367700% 10/1/2008 36 5.188600% 11/1/2008 37 5.360300% 12/1/2008 38 5.188300% 1/1/2009 39 5.188100% 2/1/2009 40 5.188000% 3/1/2009 41 5.189600% 4/1/2009 42 5.359500% 5/1/2009 43 5.187500% 6/1/2009 44 5.359200% 7/1/2009 45 5.187200% 8/1/2009 46 5.358900% 9/1/2009 47 5.358700% 10/1/2009 48 5.186700% 11/1/2009 49 5.358400% 12/1/2009 50 5.186500% 1/1/2010 51 5.186400% 2/1/2010 52 5.186300% 3/1/2010 53 5.188700% 4/1/2010 54 5.357900% 5/1/2010 55 5.186000% 6/1/2010 56 5.358500% 7/1/2010 57 5.171900% 8/1/2010 58 5.352400% 9/1/2010 59 5.352800% 10/1/2010 60 5.179100% 11/1/2010 61 5.352600% 12/1/2010 62 5.178800% 1/1/2011 63 5.178700% 2/1/2011 64 5.178600% 3/1/2011 65 5.179600% 4/1/2011 66 5.351900% 5/1/2011 67 5.178200% 6/1/2011 68 5.351600% 7/1/2011 69 5.177900% 8/1/2011 70 5.351400% 9/1/2011 71 5.351200% 10/1/2011 72 5.177500% 11/1/2011 73 5.351000% 12/1/2011 74 5.179900% 1/1/2012 75 5.353500% 2/1/2012 76 5.179700% 3/1/2012 77 5.179900% 4/1/2012 78 5.353200% 5/1/2012 79 5.176900% 6/1/2012 80 5.350300% 7/1/2012 81 5.176600% 8/1/2012 82 5.349900% 9/1/2012 83 5.349800% 10/1/2012 84 5.176100% Subject: CMBS NEW ISSUE: BACM 05-5 **PUBLIC** PX GUIDANCE Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2005-5 $1.977B NEW ISSUE CMBS Bookrunner/Co-LD: Banc of America Securities LLC Co-Lead Mgr: Barclays Capital Inc Co-Managers: Deutsche Bank Securities Inc./Morgan Stanley Rating Agencies: S&P and Moody's Class Size($mm) (S&P/M) Sub Lvl WAL PrinWindow Px Guid A-1 66.5 AAA/Aaa 30.000% 3.10 1-58 S+11a A-2 250.3 AAA/Aaa 30.000% 4.90 58-59 S+26a A-3 165.0 AAA/Aaa 30.000% 6.56 78-81 S+35a A-SB 99.8 AAA/Aaa 30.000% 7.33 59-113 S+29a A-4 802.6 AAA/Aaa 30.000% 9.80 113-119 S+30a A-M 197.7 AAA/Aaa 20.000% 9.91 119-119 S+36a A-J 121.1 AAA/Aaa 13.875% 9.91 119-119 S+40a B 42.0 AA/Aa2 11.750% 9.91 119-119 S+47a C 19.8 AA-/Aa3 10.750% 9.91 119-119 S+50a D 37.1 A/A2 8.875% 9.98 119-120 S+57a XP 1924.4 AAA/Aaa Approx Procceds $19mm T+70a Expected Timing Launch/Price - Thur Sept 29th/Fri Sept 30th Settlement - October 13, 2005 This message is for information purposes only, and we are not soliciting any action based upon it. The information herein is believed to be reliable but it should not be relied upon as such and is subject to change without notice. Banc of America Securities LLC,and Barclay Capital Inc. and their affiliates may acquire, hold or sell positions in these securities or in related derivatives and may have an investment banking or banking relationship with the issuer. Information herein will be superseded by information in the final prospectus, copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255 or Craig Leonard/Brian Dixon at Barclay Capital Inc., 200 Park Avenue, 5th Floor, New York, NY 10166. The securities may not be sold, and offers to buy may not be accepted, until a final Prospectus Supplement can be delivered. Such securities may not be suitable for all investors. - -------------------------------------------------------------------------------- This message is for information purposes only and we are not soliciting any action based upon it. The information herein is believed reliable but it should not be relied upon as such and is subject to change without notice. BAS and its affiliates may acquire, hold or sell positions in the securities or instruments mentioned herein or in related derivatives and may have an investment banking or banking relationship with issuers of securities or instruments mentioned herein. You are encouraged to review the disclaimers contained in our research and other reports. 144A securities are for QIBS only. Further information may be available upon request. Derivatives may not be suitable for all investors. Subject: CMBS NEW ISSUE: BACM 05-5 **PUBLIC** EOD STATUS Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2005-5 $1.977B NEW ISSUE CMBS Bookrunner/Co-LD: Banc of America Securities LLC Co-Lead Mgr: Barclays Capital Inc Co-Managers: Deutsche Bank Securities Inc./Morgan Stanley Rating Agencies: S&P and Moody's Class Size($mm) (S&P/M) Sub Lvl WAL PrinWindow Px Guid Status A-1 66.5 AAA/Aaa 30.000% 3.10 1-58 S+11a 0.2x A-2 250.3 AAA/Aaa 30.000% 4.90 58-59 S+26a 0.3x A-3 165.0 AAA/Aaa 30.000% 6.56 78-81 S+35a A-SB 99.8 AAA/Aaa 30.000% 7.33 59-113 S+29a 1+x A-4 802.6 AAA/Aaa 30.000% 9.80 113-119 S+30a 0.2x A-M 197.7 AAA/Aaa 20.000% 9.91 119-119 S+36a 0.8x A-J 121.1 AAA/Aaa 13.875% 9.91 119-119 S+40a B 42.0 AA/Aa2 11.750% 9.91 119-119 S+47a C 19.8 AA-/Aa3 10.750% 9.91 119-119 S+50a D 37.1 A/A2 8.875% 9.98 119-120 S+57a 0.4x XP 1924.4 AAA/Aaa Approx Procceds $19mm T+70a 1.0x Expected Timing Launch/Price - Thur Sept 29th/Fri Sept 30th Settlement - October 13, 2005 This message is for information purposes only, and we are not soliciting any action based upon it. The information herein is believed to be reliable but it should not be relied upon as such and is subject to change without notice. Banc of America Securities LLC,and Barclay Capital Inc. and their affiliates may acquire, hold or sell positions in these securities or in related derivatives and may have an investment banking or banking relationship with the issuer. Information herein will be superseded by information in the final prospectus, copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255 or Craig Leonard/Brian Dixon at Barclay Capital Inc., 200 Park Avenue, 5th Floor, New York, NY 10166. The securities may not be sold, and offers to buy may not be accepted, until a final Prospectus Supplement can be delivered. Such securities may not be suitable for all investors. - -------------------------------------------------------------------------------- This message is for information purposes only and we are not soliciting any action based upon it. The information herein is believed reliable but it should not be relied upon as such and is subject to change without notice. BAS and its affiliates may acquire, hold or sell positions in the securities or instruments mentioned herein or in related derivatives and may have an investment banking or banking relationship with issuers of securities or instruments mentioned herein. You are encouraged to review the disclaimers contained in our research and other reports. 144A securities are for QIBS only. Further information may be available upon request. Derivatives may not be suitable for all investors. BANC OF AMERICA COMMERCIAL MORTGAGE INC. This diskette accompanies the prospectus supplement and prospectus (together, the "Prospectus") relating to the Commercial Mortgage Pass-Through Certificates Series 2005-5 (the "Certificates"). The information set forth on this diskette is an electronic copy of certain information set forth on Annexes A and B to the Prospectus. This diskette should be reviewed only in conjunction with the entire Prospectus. This diskette does not contain all relevant information relating to the Certificates, particularly with respect to the structure of the underlying trust fund and the risks and special considerations associated with an investment in the Certificates. Such information is described in the Prospectus. Information on this diskette is subject to completion. The information on this diskette should not be viewed as projections, forecasts, predictions or opinions with respect to value. Prior to making any investment decision, a prospective investor should carefully review, and rely solely on, the final prospectus. NOTHING IN THIS DISKETTE SHOULD BE CONSIDERED AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY THE CERTIFICATES. Subject: CMBS NEW ISSUE: BACM 05-5 **PUBLIC** EOD STATUS11 Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2005-5 $1.977B NEW ISSUE CMBS Bookrunner/Co-LD: Banc of America Securities LLC Co-Lead Mgr: Barclays Capital Inc Co-Managers: Deutsche Bank Securities Inc./Morgan Stanley Rating Agencies: S&P and Moody's Class Size($mm) (S&P/M) Sub Lvl WAL PrinWindow Px Guid Status A-1 66.5 AAA/Aaa 30.000% 3.10 1-58 S+11a 0.5x A-2 250.3 AAA/Aaa 30.000% 4.90 58-59 S+26a 0.9x A-3 165.0 AAA/Aaa 30.000% 6.56 78-81 S+35a 0.1x A-SB 99.8 AAA/Aaa 30.000% 7.33 59-113 S+29a Subj A-4 802.6 AAA/Aaa 30.000% 9.80 113-119 S+30a 0.5x A-M 197.7 AAA/Aaa 20.000% 9.91 119-119 S+36a 0.9x A-J 121.1 AAA/Aaa 13.875% 9.91 119-119 S+40a 0.5x B 42.0 AA/Aa2 11.750% 9.91 119-119 S+47a 0.2x C 19.8 AA-/Aa3 10.750% 9.91 119-119 S+50a D 37.1 A/A2 8.875% 9.98 119-120 S+57a Subj XP 1924.4 AAA/Aaa Approx Procceds $19mm T+70a Subj Expected Timing Launch/Price - Thur Sept 29th/Fri Sept 30th Settlement - October 13, 2005 This message is for information purposes only, and we are not soliciting any action based upon it. The information herein is believed to be reliable but it should not be relied upon as such and is subject to change without notice. Banc of America Securities LLC,and Barclay Capital Inc. and their affiliates may acquire, hold or sell positions in these securities or in related derivatives and may have an investment banking or banking relationship with the issuer. Information herein will be superseded by information in the final prospectus, copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255 or Craig Leonard/Brian Dixon at Barclay Capital Inc., 200 Park Avenue, 5th Floor, New York, NY 10166. The securities may not be sold, and offers to buy may not be accepted, until a final Prospectus Supplement can be delivered. Such securities may not be suitable for all investors. - -------------------------------------------------------------------------------- This message is for information purposes only and we are not soliciting any action based upon it. The information herein is believed reliable but it should not be relied upon as such and is subject to change without notice. BAS and its affiliates may acquire, hold or sell positions in the securities or instruments mentioned herein or in related derivatives and may have an investment banking or banking relationship with issuers of securities or instruments mentioned herein. You are encouraged to review the disclaimers contained in our research and other reports. 144A securities are for QIBS only. Further information may be available upon request. Derivatives may not be suitable for all investors. Subject: CMBS NEW ISSUE: BACM 05-5 **PUBLIC** PRICED Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2005-5 $1.962B** NEW ISSUE CMBS Bookrunner/Co-LD: Banc of America Securities LLC Co-Lead Mgr: Barclays Capital Inc Co-Managers: Deutsche Bank Securities Inc./Morgan Stanley Rating Agencies: S&P and Moody's Expected Timing Settlement - October 13, 2005 Dated Date - October 1, 2005 Legal Final - October 10, 2045 1st Coupon Pay Date - November 10, 2005 Class Size($mm)(S&P/M) Wal Sprd Yld Cpn Mod Dur Px Cusip A-1 65.5 AAA/Aaa 3.10 S+12 4.7193 4.7160 2.777 100.002097 05947U2M9 A-2 245.0 AAA/Aaa 4.90 S+26 4.9068 5.0010 4.255 100.500231 05947U2N7 A-3A 115.0 AAA/Aaa 6.50 S+37 5.0582 5.1200 5.410 100.505321 05947U2P2 A-3B 50.0 AAA/Aaa 6.70 S+39 5.0825 5.4015* 5.520 101.390749 05947U3Y2 A-SB 99.1 AAA/Aaa 7.33 S+29 4.9992 5.0510 5.966 100.503029 05947U2Q0 A-4 799.1 AAA/Aaa 9.80 S+31 5.0860 5.1150 7.540 100.505795 05947U2R8 A-M 196.2 AAA/Aaa 9.91 S+37 5.1489 5.1760 7.582 100.502727 05947U2S6 A-J 120.2 AAA/Aaa 9.91 S+42 5.1989 5.3315* 7.562 100.503883 05947U2T4 B 41.7 AA/Aa2 9.91 S+49 5.2689 5.4015* 7.536 100.511726 05947U2V9 C 19.6 AA-/Aa3 9.91 S+52 5.2989 5.4015* 7.532 100.284394 05947U2W7 D 36.8 A/A2 9.99 S+58 5.3611 5.4015* 7.570 99.815231 05947U2X5 XP 1909.8 AAA/Aaa T+67 4.8737 0.2400 0.622319 05947U2U1 XP is Notional Balance ** 3 loans were dropped and class sizes were adjusted #58957 Oak Tree Village - $7,210,000 #59216 Country Club Shopping Ctr - $5,850,000 #59170 Brookshire Brothers - $1,897,926 * WAC or WAC-Strip This message is for information purposes only, and we are not soliciting any action based upon it. The information herein is believed to be reliable but it should not be relied upon as such and is subject to change without notice. Banc of America Securities LLC,and Barclay Capital Inc. and their affiliates may acquire, hold or sell positions in these securities or in related derivatives and may have an investment banking or banking relationship with the issuer. Information herein will be superseded by information in the final prospectus, copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255 or Craig Leonard/Brian Dixon at Barclay Capital Inc., 200 Park Avenue, 5th Floor, New York, NY 10166. The securities may not be sold, and offers to buy may not be accepted, until a final Prospectus Supplement can be delivered. Such securities may not be suitable for all investors. - -------------------------------------------------------------------------------- This message is for information purposes only and we are not soliciting any action based upon it. The information herein is believed reliable but it should not be relied upon as such and is subject to change without notice. BAS and its affiliates may acquire, hold or sell positions in the securities or instruments mentioned herein or in related derivatives and may have an investment banking or banking relationship with issuers of securities or instruments mentioned herein. You are encouraged to review the disclaimers contained in our research and other reports. 144A securities are for QIBS only. Further information may be available upon request. Derivatives may not be suitable for all investors. Subject: CMBS NEW ISSUE: BACM 05-5 **PUBLIC** PX SPREADS Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2005-5 $1.913B** NEW ISSUE CMBS Bookrunner/Co-LD: Banc of America Securities LLC Co-Lead Mgr: Barclays Capital Inc Co-Managers: Deutsche Bank Securities Inc./Morgan Stanley Rating Agencies: S&P and Moody's Expected Timing Settlement - October 13, 2005 Dated Date - October 1, 2005 Legal Final - October 10, 2045 1st Coupon Pay Date - November 10, 2005 Class Size($mm)** (S&P/M) Sub Lvl WAL PrinWindow PX SPRD A-1 65.5 AAA/Aaa 30.000% 3.10 1-58 S+12 A-2 245.0 AAA/Aaa 30.000% 4.90 58-59 S+26 A-3A 115.0 AAA/Aaa 30.000% 6.50 78-80 S+37 A-3B 50.0 AAA/Aaa 30.000% 6.70 80-81 S+39 A-SB 99.1 AAA/Aaa 30.000% 7.33 59-113 S+29 A-4 799.1 AAA/Aaa 30.000% 9.80 113-119 S+31 A-M 196.2 AAA/Aaa 20.000% 9.91 119-119 S+37 A-J 120.2 AAA/Aaa 13.875% 9.91 119-119 S+42 B 41.7 AA/Aa2 11.750% 9.91 119-119 S+49 C 19.6 AA-/Aa3 10.750% 9.91 119-119 S+52 D 36.8 A/A2 8.875% 9.99 119-120 S+58 XP 1909.8 AAA/Aaa Approx Procceds $15mm T+67 XP is Notional Balance ** 3 loans were dropped and class sizes were adjusted #58957 Oak Tree Village - $7,210,000 #59216 Country Club Shopping Ctr - $5,850,000 #59170 Brookshire Brothers - $1,897,926 This message is for information purposes only, and we are not soliciting any action based upon it. The information herein is believed to be reliable but it should not be relied upon as such and is subject to change without notice. Banc of America Securities LLC,and Barclay Capital Inc. and their affiliates may acquire, hold or sell positions in these securities or in related derivatives and may have an investment banking or banking relationship with the issuer. Information herein will be superseded by information in the final prospectus, copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255 or Craig Leonard/Brian Dixon at Barclay Capital Inc., 200 Park Avenue, 5th Floor, New York, NY 10166. The securities may not be sold, and offers to buy may not be accepted, until a final Prospectus Supplement can be delivered. Such securities may not be suitable for all investors. - -------------------------------------------------------------------------------- This message is for information purposes only and we are not soliciting any action based upon it. The information herein is believed reliable but it should not be relied upon as such and is subject to change without notice. BAS and its affiliates may acquire, hold or sell positions in the securities or instruments mentioned herein or in related derivatives and may have an investment banking or banking relationship with issuers of securities or instruments mentioned herein. You are encouraged to review the disclaimers contained in our research and other reports. 144A securities are for QIBS only. Further information may be available upon request. Derivatives may not be suitable for all investors. Subject: CMBS NEW ISSUE: BACM 05-5 **PUBLIC** Status 4 Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2005-5 $1.977B NEW ISSUE CMBS Bookrunner/Co-LD: Banc of America Securities LLC Co-Lead Mgr: Barclays Capital Inc Co-Managers: Deutsche Bank Securities Inc./Morgan Stanley Rating Agencies: S&P and Moody's Class Size($mm) (S&P/M) Sub Lvl WAL PrinWindow Px Guid Status A-1 66.5 AAA/Aaa 30.000% 3.10 1-58 S+11a 0.5x A-2 250.3 AAA/Aaa 30.000% 4.90 58-59 S+26a Subj A-3 165.0 AAA/Aaa 30.000% 6.56 78-81 S+35a 0.1x A-SB 99.8 AAA/Aaa 30.000% 7.33 59-113 S+29a Subj A-4 802.6 AAA/Aaa 30.000% 9.80 113-119 S+30a 0.9x A-M 197.7 AAA/Aaa 20.000% 9.91 119-119 S+36a 0.9x A-J 121.1 AAA/Aaa 13.875% 9.91 119-119 S+40a 0.7x B 42.0 AA/Aa2 11.750% 9.91 119-119 S+47a 0.2x C 19.8 AA-/Aa3 10.750% 9.91 119-119 S+50a D 37.1 A/A2 8.875% 9.98 119-120 S+57a Subj XP 1924.4 AAA/Aaa Approx Procceds $19mm T+70a Subj Expected Timing Launch/Price - Thur Sept 29th/Fri Sept 30th Settlement - October 13, 2005 This message is for information purposes only, and we are not soliciting any action based upon it. The information herein is believed to be reliable but it should not be relied upon as such and is subject to change without notice. Banc of America Securities LLC,and Barclay Capital Inc. and their affiliates may acquire, hold or sell positions in these securities or in related derivatives and may have an investment banking or banking relationship with the issuer. Information herein will be superseded by information in the final prospectus, copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255 or Craig Leonard/Brian Dixon at Barclay Capital Inc., 200 Park Avenue, 5th Floor, New York, NY 10166. The securities may not be sold, and offers to buy may not be accepted, until a final Prospectus Supplement can be delivered. Such securities may not be suitable for all investors. - -------------------------------------------------------------------------------- This message is for information purposes only and we are not soliciting any action based upon it. The information herein is believed reliable but it should not be relied upon as such and is subject to change without notice. BAS and its affiliates may acquire, hold or sell positions in the securities or instruments mentioned herein or in related derivatives and may have an investment banking or banking relationship with issuers of securities or instruments mentioned herein. You are encouraged to review the disclaimers contained in our research and other reports. 144A securities are for QIBS only. Further information may be available upon request. Derivatives may not be suitable for all investors. Subject: CMBS NEW ISSUE: BACM 05-5 **PUBLIC** Status 5 Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2005-5 $1.977B NEW ISSUE CMBS Bookrunner/Co-LD: Banc of America Securities LLC Co-Lead Mgr: Barclays Capital Inc Co-Managers: Deutsche Bank Securities Inc./Morgan Stanley Rating Agencies: S&P and Moody's Class Size($mm) (S&P/M) Sub Lvl WAL PrinWindow Px Guid Status A-1 66.5 AAA/Aaa 30.000% 3.10 1-58 S+11a 0.5x A-2 250.3 AAA/Aaa 30.000% 4.90 58-59 S+26a Subj A-3 165.0 AAA/Aaa 30.000% 6.56 78-81 S+35a 0.3x A-SB 99.8 AAA/Aaa 30.000% 7.33 59-113 S+29a Subj A-4 802.6 AAA/Aaa 30.000% 9.80 113-119 S+30a 1x A-M 197.7 AAA/Aaa 20.000% 9.91 119-119 S+36a 0.9x A-J 121.1 AAA/Aaa 13.875% 9.91 119-119 S+40a 0.8x B 42.0 AA/Aa2 11.750% 9.91 119-119 S+47a 0.6x C 19.8 AA-/Aa3 10.750% 9.91 119-119 S+50a 0.5x D 37.1 A/A2 8.875% 9.98 119-120 S+57a Subj XP 1924.4 AAA/Aaa Approx Procceds $19mm T+70a Subj Expected Timing Launch/Price - Thur Sept 29th/Fri Sept 30th Settlement - October 13, 2005 This message is for information purposes only, and we are not soliciting any action based upon it. The information herein is believed to be reliable but it should not be relied upon as such and is subject to change without notice. Banc of America Securities LLC,and Barclay Capital Inc. and their affiliates may acquire, hold or sell positions in these securities or in related derivatives and may have an investment banking or banking relationship with the issuer. Information herein will be superseded by information in the final prospectus, copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255 or Craig Leonard/Brian Dixon at Barclay Capital Inc., 200 Park Avenue, 5th Floor, New York, NY 10166. The securities may not be sold, and offers to buy may not be accepted, until a final Prospectus Supplement can be delivered. Such securities may not be suitable for all investors. - -------------------------------------------------------------------------------- This message is for information purposes only and we are not soliciting any action based upon it. The information herein is believed reliable but it should not be relied upon as such and is subject to change without notice. BAS and its affiliates may acquire, hold or sell positions in the securities or instruments mentioned herein or in related derivatives and may have an investment banking or banking relationship with issuers of securities or instruments mentioned herein. You are encouraged to review the disclaimers contained in our research and other reports. 144A securities are for QIBS only. Further information may be available upon request. Derivatives may not be suitable for all investors. Subject: CMBS NEW ISSUE: BACM 05-5 **PUBLIC** Status 51 Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2005-5 $1.977B NEW ISSUE CMBS Bookrunner/Co-LD: Banc of America Securities LLC Co-Lead Mgr: Barclays Capital Inc Co-Managers: Deutsche Bank Securities Inc./Morgan Stanley Rating Agencies: S&P and Moody's Class Size($mm) (S&P/M) Sub Lvl WAL PrinWindow Px Guid Status A-1 66.5 AAA/Aaa 30.000% 3.10 1-58 S+11a 0.5x A-2 250.3 AAA/Aaa 30.000% 4.90 58-59 S+26a Subj A-3 165.0 AAA/Aaa 30.000% 6.56 78-81 S+35a 0.3x A-SB 99.8 AAA/Aaa 30.000% 7.33 59-113 S+29a Subj A-4 802.6 AAA/Aaa 30.000% 9.80 113-119 S+30a 1.0x A-M 197.7 AAA/Aaa 20.000% 9.91 119-119 S+36a 0.9x A-J 121.1 AAA/Aaa 13.875% 9.91 119-119 S+40a 0.8x B 42.0 AA/Aa2 11.750% 9.91 119-119 S+47a 0.6x C 19.8 AA-/Aa3 10.750% 9.91 119-119 S+50a 0.5x D 37.1 A/A2 8.875% 9.98 119-120 S+57a Subj XP 1924.4 AAA/Aaa Approx Procceds $19mm T+70a Subj Expected Timing Launch/Price - Thur Sept 29th/Fri Sept 30th Settlement - October 13, 2005 This message is for information purposes only, and we are not soliciting any action based upon it. The information herein is believed to be reliable but it should not be relied upon as such and is subject to change without notice. Banc of America Securities LLC,and Barclay Capital Inc. and their affiliates may acquire, hold or sell positions in these securities or in related derivatives and may have an investment banking or banking relationship with the issuer. Information herein will be superseded by information in the final prospectus, copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255 or Craig Leonard/Brian Dixon at Barclay Capital Inc., 200 Park Avenue, 5th Floor, New York, NY 10166. The securities may not be sold, and offers to buy may not be accepted, until a final Prospectus Supplement can be delivered. Such securities may not be suitable for all investors. - -------------------------------------------------------------------------------- This message is for information purposes only and we are not soliciting any action based upon it. The information herein is believed reliable but it should not be relied upon as such and is subject to change without notice. BAS and its affiliates may acquire, hold or sell positions in the securities or instruments mentioned herein or in related derivatives and may have an investment banking or banking relationship with issuers of securities or instruments mentioned herein. You are encouraged to review the disclaimers contained in our research and other reports. 144A securities are for QIBS only. Further information may be available upon request. Derivatives may not be suitable for all investors. Subject: CMBS NEW ISSUE: BACM 05-5 **PUBLIC** Status 6 Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2005-5 $1.977B NEW ISSUE CMBS Bookrunner/Co-LD: Banc of America Securities LLC Co-Lead Mgr: Barclays Capital Inc Co-Managers: Deutsche Bank Securities Inc./Morgan Stanley Rating Agencies: S&P and Moody's Class Size($mm) (S&P/M) Sub Lvl WAL PrinWindow Px Guid Status A-1 66.5 AAA/Aaa 30.000% 3.10 1-58 S+11a 0.5x A-2 250.3 AAA/Aaa 30.000% 4.90 58-59 S+26a Subj A-3A 115.0 AAA/Aaa 30.000% 6.50 79-80 S+35a 0.3x A-3B 50.0 AAA/Aaa 30.000% 6.70 80-81 S+38a 0.3x A-SB 99.8 AAA/Aaa 30.000% 7.33 59-113 S+29a Subj A-4 802.6 AAA/Aaa 30.000% 9.80 113-119 S+30a 1+x A-M 197.7 AAA/Aaa 20.000% 9.91 119-119 S+36a 0.9x A-J 121.1 AAA/Aaa 13.875% 9.91 119-119 S+40a 0.8x B 42.0 AA/Aa2 11.750% 9.91 119-119 S+47a 0.6x C 19.8 AA-/Aa3 10.750% 9.91 119-119 S+50a 0.5x D 37.1 A/A2 8.875% 9.98 119-120 S+57a Subj XP 1924.4 AAA/Aaa Approx Procceds $19mm T+70a Subj Expected Timing Launch/Price - Thur Sept 29th/Fri Sept 30th Settlement - October 13, 2005 This message is for information purposes only, and we are not soliciting any action based upon it. The information herein is believed to be reliable but it should not be relied upon as such and is subject to change without notice. Banc of America Securities LLC,and Barclay Capital Inc. and their affiliates may acquire, hold or sell positions in these securities or in related derivatives and may have an investment banking or banking relationship with the issuer. Information herein will be superseded by information in the final prospectus, copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255 or Craig Leonard/Brian Dixon at Barclay Capital Inc., 200 Park Avenue, 5th Floor, New York, NY 10166. The securities may not be sold, and offers to buy may not be accepted, until a final Prospectus Supplement can be delivered. Such securities may not be suitable for all investors. - -------------------------------------------------------------------------------- This message is for information purposes only and we are not soliciting any action based upon it. The information herein is believed reliable but it should not be relied upon as such and is subject to change without notice. BAS and its affiliates may acquire, hold or sell positions in the securities or instruments mentioned herein or in related derivatives and may have an investment banking or banking relationship with issuers of securities or instruments mentioned herein. You are encouraged to review the disclaimers contained in our research and other reports. 144A securities are for QIBS only. Further information may be available upon request. Derivatives may not be suitable for all investors. Subject: CMBS NEW ISSUE: BACM 05-5 **PUBLIC** W/ RED & ANNEX A Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2005-5 $1.977B NEW ISSUE CMBS Bookrunner/Co-LD: Banc of America Securities LLC Co-Lead Mgr: Barclays Capital Inc Co-Managers: Deutsche Bank Securities Inc./Morgan Stanley Rating Agencies: S&P and Moody's Class Size($mm) (S&P/M) Sub Lvl WAL PrinWindow A-1 66.5 AAA/Aaa 30.000% 3.10 1-58 A-2 250.3 AAA/Aaa 30.000% 4.90 58-59 A-3 165.0 AAA/Aaa 30.000% 6.56 78-81 A-SB 99.8 AAA/Aaa 30.000% 7.33 59-113 A-4 802.6 AAA/Aaa 30.000% 9.80 113-119 A-M 197.7 AAA/Aaa 20.000% 9.91 119-119 A-J 121.1 AAA/Aaa 13.875% 9.91 119-119 B 42.0 AA/Aa2 11.750% 9.91 119-119 C 19.8 AA-/Aa3 10.750% 9.91 119-119 D 37.1 A/A2 8.875% 9.98 119-120 XP TBD AAA/Aaa XP is Notional Balance Collateral: 106 Loans / 120 Properties Loan Sellers: Bank of America, N.A./Barclays Capital Real Estate, Inc. Property Types: Off 40.8%, Ret 27.0%, Multi 16.7%, Hotel 4.4%, Indus 3.3%, SS 2.7%, Mixed Use 2.5%, MHC 1.8%, Other 0.8% Geographic: CA:28.2% (So. CA: 16.8%, No.CA: 11.4%), NY:16.7%, FL:11.5%, AZ:5.3%, No Others >5% DSCR/LTV 1.45x / 70.2% Inv. Grade Lns: 5 loans for 7.9% of UPB Top 10 Loans: 42.6% of the pool, DSCR: 1.35x, LTV: 70.1% Top 3 Trust Assets BALANCE DSCR LTV 417 Fifth Avenue 116,000,000 1.30x 73.9% One Renaissance Square 103,600,000 1.24x 80.0% Sotheby's Building 100,000,000 1.22x 64.4% Expected Timing Reds - Electronics Thurs/ Hardcopies Mon Launch/Price - Week of 9/26 Settlement - October 13, 2005 Roadshow Wed 9/21 - Afternoon NY Meetings Thurs 9/22 - 8:30am NY Brkfst- BAS Office, 9 West 57th, Flr-6th North East /10:15am Global Investor Call/ NY Meetings Fri 9/23 - 8:30am Boston Brkfst- BAS Office, 2 International Place, 25th Floor/ 12pm Hartford lunch - Max Downtown Mon 9/26 - 8am EST Chicago Grp Breakfast-BAS Office 233 South Wacker Dr., 28th Floor / 1:30pm Minneapolis Grp Meeting-Grand Hotel This message is for information purposes only, and we are not soliciting any action based upon it. The information herein is believed to be reliable but it should not be relied upon as such and is subject to change without notice. Banc of America Securities LLC,and Barclay Capital Inc. and their affiliates may acquire, hold or sell positions in these securities or in related derivatives and may have an investment banking or banking relationship with the issuer. Information herein will be superseded by information in the final prospectus, copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255 or Craig Leonard/Brian Dixon at Barclay Capital Inc., 200 Park Avenue, 5th Floor, New York, NY 10166. The securities may not be sold, and offers to buy may not be accepted, until a final Prospectus Supplement can be delivered. Such securities may not be suitable for all investors. - -------------------------------------------------------------------------------- This message is for information purposes only and we are not soliciting any action based upon it. The information herein is believed reliable but it should not be relied upon as such and is subject to change without notice. BAS and its affiliates may acquire, hold or sell positions in the securities or instruments mentioned herein or in related derivatives and may have an investment banking or banking relationship with issuers of securities or instruments mentioned herein. You are encouraged to review the disclaimers contained in our research and other reports. 144A securities are for QIBS only. Further information may be available upon request. Derivatives may not be suitable for all investors. Subject: CMBS NEW ISSUE: BACM 05-5 INVESTOR CALL 10:15AM 9/22 THURS1 Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2005-5 $1.977B NEW ISSUE CMBS Date: Thursday 9/22/2005 Time: 10:15am Eastern Time Topic: BACM 2005-5 Leader: Geordie Walker/ Bank of America Dial-In Number: 800-949-6526 Conference ID#: 9791561 This message is for information purposes only, and we are not soliciting any action based upon it. The information herein is believed to be reliable but it should not be relied upon as such and is subject to change without notice. Banc of America Securities LLC, Barclays Capital Real Estate Inc, and their affiliates may acquire, hold or sell positions in these securities or in related derivatives and may have an investment banking or banking relationship with the issuer. Information herein will be superseded by information in the final prospectus, copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255. The securities may not be sold, and offers to buy may not be accepted, until a final Prospectus Supplement can be delivered. Such securities may not be suitable for all investors. - -------------------------------------------------------------------------------- This message is for information purposes only and we are not soliciting any action based upon it. The information herein is believed reliable but it should not be relied upon as such and is subject to change without notice. BAS and its affiliates may acquire, hold or sell positions in the securities or instruments mentioned herein or in related derivatives and may have an investment banking or banking relationship with issuers of securities or instruments mentioned herein. You are encouraged to review the disclaimers contained in our research and other reports. 144A securities are for QIBS only. Further information may be available upon request. Derivatives may not be suitable for all investors. BANC OF AMERICA COMMERCIAL MORTGAGE INC. This diskette accompanies the prospectus supplement and prospectus (together, the "Prospectus") relating to the Commercial Mortgage Pass-Through Certificates Series 2005-5 (the "Certificates"). The information set forth on this diskette is an electronic copy of certain information set forth on Annexes A and B to the Prospectus. This diskette should be reviewed only in conjunction with the entire Prospectus. This diskette does not contain all relevant information relating to the Certificates, particularly with respect to the structure of the underlying trust fund and the risks and special considerations associated with an investment in the Certificates. Such information is described in the Prospectus. Information on this diskette is subject to completion. The information on this diskette should not be viewed as projections, forecasts, predictions or opinions with respect to value. Prior to making any investment decision, a prospective investor should carefully review, and rely solely on, the final prospectus. NOTHING IN THIS DISKETTE SHOULD BE CONSIDERED AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY THE CERTIFICATES. Subject: CMBS NEW ISSUE: BACM 05-5 **PUBLIC** W/ TERM SHEET Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2005-5 $1.977B NEW ISSUE CMBS Bookrunner/Co-LD: Banc of America Securities LLC Co-Lead Mgr: Barclays Capital Inc Co-Managers: Deutsche Bank Securities Inc./Morgan Stanley Rating Agencies: S&P and Moody's Class Size($mm) (S&P/M) Sub Lvl WAL PrinWindow A-1 66.5 AAA/Aaa 30.000% 3.10 1-58 A-2 250.3 AAA/Aaa 30.000% 4.90 58-59 A-3 165.0 AAA/Aaa 30.000% 6.56 78-81 A-SB 99.8 AAA/Aaa 30.000% 7.33 59-113 A-4 802.6 AAA/Aaa 30.000% 9.80 113-119 A-M 197.7 AAA/Aaa 20.000% 9.91 119-119 A-J 121.1 AAA/Aaa 13.875% 9.91 119-119 B 42.0 AA/Aa2 11.750% 9.91 119-119 C 19.8 AA-/Aa3 10.750% 9.91 119-119 D 37.1 A/A2 8.875% 9.98 119-120 XP TBD AAA/Aaa XP is Notional Balance Collateral: 106 Loans / 120 Properties Loan Sellers: Bank of America, N.A./Barclays Capital Real Estate, Inc. Property Types: Off 40.8%, Ret 27.0%, Multi 16.7%, Hotel 4.4%, Indus 3.3%, SS 2.7%, Mixed Use 2.5%, MHC 1.8%, Other 0.8% Geographic: CA:28.2% (So. CA: 16.8%, No.CA: 11.4%), NY:16.7%, FL:11.5%, AZ:5.3%, No Others >5% DSCR/LTV 1.45x / 70.2% Inv. Grade Lns: 5 loans for 7.9% of UPB Top 10 Loans: 42.6% of the pool, DSCR: 1.35x, LTV: 70.1% Top 3 Trust Assets BALANCE DSCR LTV 417 Fifth Avenue 116,000,000 1.30x 73.9% One Renaissance Square 103,600,000 1.24x 80.0% Sotheby's Building 100,000,000 1.22x 64.4% Expected Timing Reds - Electronics Thurs/ Hardcopies Fri Launch/Price - Week of 9/26 Settlement - October 13, 2005 Roadshow Wed 9/21 - Afternoon NY Meetings Thurs 9/22 - 8:30am NY Brkfst- BAS Office, 9 West 57th, Flr-6th North East /10:15am Global Investor Call/ NY Meetings Fri 9/23 - 8:30am Boston Brkfst- BAS Office, 2 International Place, 25th Floor/ 12pm Hartford lunch - Max Downtown Mon 9/26 - 8am EST Chicago Grp Breakfast-BAS Office 233 South Wacker Dr., 28th Floor / 1:30pm Minneapolis Grp Meeting-Grand Hotel This message is for information purposes only, and we are not soliciting any action based upon it. The information herein is believed to be reliable but it should not be relied upon as such and is subject to change without notice. Banc of America Securities LLC,and Barclay Capital Inc. and their affiliates may acquire, hold or sell positions in these securities or in related derivatives and may have an investment banking or banking relationship with the issuer. Information herein will be superseded by information in the final prospectus, copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255 or Craig Leonard/Brian Dixon at Barclay Capital Inc., 200 Park Avenue, 5th Floor, New York, NY 10166. The securities may not be sold, and offers to buy may not be accepted, until a final Prospectus Supplement can be delivered. Such securities may not be suitable for all investors. - -------------------------------------------------------------------------------- This message is for information purposes only and we are not soliciting any action based upon it. The information herein is believed reliable but it should not be relied upon as such and is subject to change without notice. BAS and its affiliates may acquire, hold or sell positions in the securities or instruments mentioned herein or in related derivatives and may have an investment banking or banking relationship with issuers of securities or instruments mentioned herein. You are encouraged to review the disclaimers contained in our research and other reports. 144A securities are for QIBS only. Further information may be available upon request. Derivatives may not be suitable for all investors. Subject: CMBS NEW ISSUE: BACM 05-5 Announcement Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2005-5 $1.977B NEW ISSUE CMBS Bookrunner/Co-LD: Banc of America Securities LLC Co-Lead Mgr: Barclays Capital Inc. Co-Managers: Deutsche Bank/ Morgan Stanley Rating Agencies: Moody's and S&P Collateral: 106 Loans / 120 Properties Loan Sellers: Bank of America, N.A./Barclays Capital Real Estate Inc. Property Types: Off 40.8%%, Ret 27.0%, Multi 16.7%, Hotel 4.4%, Indus 3.3%, SS 2.7%, Mixed Use 2.5%, MHC 1.8%, Other 0.8% Geographic: CA:28.2% (So. CA: 16.8%, No.CA: 11.4%), NY:16.7%, FL:11.5%, AZ:5.3%, No Others >5% DSCR/LTV 1.45x / 70.2% Inv. Grade Lns: 4 loan for 7.2% of UPB Top 10 Loans: 42.6% of the pool, DSCR: 1.35x, LTV: 70.1% Top 3 Trust Assets BALANCE DSCR LTV 417 Fifth Avenue 116,000,000 1.30x 73.9% One Renaissance Square 103,600,000 1.24x 80.0% Sotheby's Building 100,000,000 1.22x 64.4% Expected Timing Termsheet/Red - Electronics Wed/ Hardcopies Thurs/Fri Launch/Price - Week of 9/26 Settlement - October 13, 2005 Roadshow Wed 9/21 - Afternoon NY Meetings Thurs 9/22 - 8:30am NY Brkfst- BAS Office, 9 West 57th, Flr-6th North East /10:15am Global Investor Call/ NY Meetings Fri 9/23 - 8:30am Boston Brkfst- BAS Office, 2 International Place, 25th Floor/ 12pm Hartford lunch - Max Downtown Mon 9/26 - 8am EST Chicago Grp Breakfast/ 1:30pm Minneapolis Grp Meeting This message is for information purposes only, and we are not soliciting any action based upon it. The information herein is believed to be reliable but it should not be relied upon as such and is subject to change without notice. Banc of America Securities LLC, Barclays Capital Real Estate Inc, and their affiliates may acquire, hold or sell positions in these securities or in related derivatives and may have an investment banking or banking relationship with the issuer. Information herein will be superseded by information in the final prospectus, copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255. The securities may not be sold, and offers to buy may not be accepted, until a final Prospectus Supplement can be delivered. Such securities may not be suitable for all investors. - -------------------------------------------------------------------------------- This message is for information purposes only and we are not soliciting any action based upon it. The information herein is believed reliable but it should not be relied upon as such and is subject to change without notice. BAS and its affiliates may acquire, hold or sell positions in the securities or instruments mentioned herein or in related derivatives and may have an investment banking or banking relationship with issuers of securities or instruments mentioned herein. You are encouraged to review the disclaimers contained in our research and other reports. 144A securities are for QIBS only. Further information may be available upon request. Derivatives may not be suitable for all investors. Subject: CMBS NEW ISSUE: BACM 05-5 Announcement1 Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2005-5 $1.977B NEW ISSUE CMBS Bookrunner/Co-LD: Banc of America Securities LLC Co-Lead Mgr: Barclays Capital Inc. Co-Managers: Deutsche Bank/ Morgan Stanley Rating Agencies: Moody's and S&P Collateral: 106 Loans / 120 Properties Loan Sellers: Bank of America, N.A./Barclays Capital Real Estate Inc. Property Types: Off 40.8%%, Ret 27.0%, Multi 16.7%, Hotel 4.4%, Indus 3.3%, SS 2.7%, Mixed Use 2.5%, MHC 1.8%, Other 0.8% Geographic: CA:28.2% (So. CA: 16.8%, No.CA: 11.4%), NY:16.7%, FL:11.5%, AZ:5.3%, No Others >5% DSCR/LTV 1.45x / 70.2% Inv. Grade Lns: 4 loan for 7.2% of UPB Top 10 Loans: 42.6% of the pool, DSCR: 1.35x, LTV: 70.1% Top 3 Trust Assets BALANCE DSCR LTV 417 Fifth Avenue 116,000,000 1.30x 73.9% One Renaissance Square 103,600,000 1.24x 80.0% Sotheby's Building 100,000,000 1.22x 64.4% Expected Timing Termsheet/Red - Electronics Wed/ Hardcopies Thurs/Fri Launch/Price - Week of 9/26 Settlement - October 13, 2005 Roadshow Wed 9/21 - Afternoon NY Meetings Thurs 9/22 - 8:30am NY Brkfst- BAS Office, 9 West 57th, Flr-6th North East /10:15am Global Investor Call/ NY Meetings Fri 9/23 - 8:30am Boston Brkfst- BAS Office, 2 International Place, 25th Floor/ 12pm Hartford lunch - Max Downtown Mon 9/26 - 8am EST Chicago Grp Breakfast/ 1:30pm Minneapolis Grp Meeting This message is for information purposes only, and we are not soliciting any action based upon it. The information herein is believed to be reliable but it should not be relied upon as such and is subject to change without notice. Banc of America Securities LLC, Barclays Capital Real Estate Inc, and their affiliates may acquire, hold or sell positions in these securities or in related derivatives and may have an investment banking or banking relationship with the issuer. Information herein will be superseded by information in the final prospectus, copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255. The securities may not be sold, and offers to buy may not be accepted, until a final Prospectus Supplement can be delivered. Such securities may not be suitable for all investors. - -------------------------------------------------------------------------------- This message is for information purposes only and we are not soliciting any action based upon it. The information herein is believed reliable but it should not be relied upon as such and is subject to change without notice. BAS and its affiliates may acquire, hold or sell positions in the securities or instruments mentioned herein or in related derivatives and may have an investment banking or banking relationship with issuers of securities or instruments mentioned herein. You are encouraged to review the disclaimers contained in our research and other reports. 144A securities are for QIBS only. Further information may be available upon request. Derivatives may not be suitable for all investors. Subject: CMBS NEW ISSUE: BACM 05-5 INVESTOR CALL 10:15AM 9/22 THURS Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2005-5 $1.977B NEW ISSUE CMBS Date: Thursday 9/22/2005 Time: 10:15am Eastern Time Topic: BACM 2005-5 Leader: Geordie Walker/ Bank of America Dial-In Number: 800-949-6526 Conference ID#: 9791561 This message is for information purposes only, and we are not soliciting any action based upon it. The information herein is believed to be reliable but it should not be relied upon as such and is subject to change without notice. Banc of America Securities LLC, Barclays Capital Real Estate Inc, and their affiliates may acquire, hold or sell positions in these securities or in related derivatives and may have an investment banking or banking relationship with the issuer. Information herein will be superseded by information in the final prospectus, copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255. The securities may not be sold, and offers to buy may not be accepted, until a final Prospectus Supplement can be delivered. Such securities may not be suitable for all investors. - -------------------------------------------------------------------------------- This message is for information purposes only and we are not soliciting any action based upon it. The information herein is believed reliable but it should not be relied upon as such and is subject to change without notice. BAS and its affiliates may acquire, hold or sell positions in the securities or instruments mentioned herein or in related derivatives and may have an investment banking or banking relationship with issuers of securities or instruments mentioned herein. You are encouraged to review the disclaimers contained in our research and other reports. 144A securities are for QIBS only. Further information may be available upon request. Derivatives may not be suitable for all investors. Subject: CMBS NEW ISSUE: BACM 05-5 **PUBLIC** W/ RED & ANNEX A2 Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2005-5 $1.977B NEW ISSUE CMBS Bookrunner/Co-LD: Banc of America Securities LLC Co-Lead Mgr: Barclays Capital Inc Co-Managers: Deutsche Bank Securities Inc./Morgan Stanley Rating Agencies: S&P and Moody's Class Size($mm) (S&P/M) Sub Lvl WAL PrinWindow A-1 66.5 AAA/Aaa 30.000% 3.10 1-58 A-2 250.3 AAA/Aaa 30.000% 4.90 58-59 A-3 165.0 AAA/Aaa 30.000% 6.56 78-81 A-SB 99.8 AAA/Aaa 30.000% 7.33 59-113 A-4 802.6 AAA/Aaa 30.000% 9.80 113-119 A-M 197.7 AAA/Aaa 20.000% 9.91 119-119 A-J 121.1 AAA/Aaa 13.875% 9.91 119-119 B 42.0 AA/Aa2 11.750% 9.91 119-119 C 19.8 AA-/Aa3 10.750% 9.91 119-119 D 37.1 A/A2 8.875% 9.98 119-120 XP TBD AAA/Aaa XP is Notional Balance Collateral: 106 Loans / 120 Properties Loan Sellers: Bank of America, N.A./Barclays Capital Real Estate, Inc. Property Types: Off 40.8%, Ret 27.0%, Multi 16.7%, Hotel 4.4%, Indus 3.3%, SS 2.7%, Mixed Use 2.5%, MHC 1.8%, Other 0.8% Geographic: CA:28.2% (So. CA: 16.8%, No.CA: 11.4%), NY:16.7%, FL:11.5%, AZ:5.3%, No Others >5% DSCR/LTV 1.45x / 70.2% Inv. Grade Lns: 5 loans for 7.9% of UPB Top 10 Loans: 42.6% of the pool, DSCR: 1.35x, LTV: 70.1% Top 3 Trust Assets BALANCE DSCR LTV 417 Fifth Avenue 116,000,000 1.30x 73.9% One Renaissance Square 103,600,000 1.24x 80.0% Sotheby's Building 100,000,000 1.22x 64.4% Expected Timing Reds - Electronics Thurs/ Hardcopies Mon Launch/Price - Week of 9/26 Settlement - October 13, 2005 Roadshow Wed 9/21 - Afternoon NY Meetings Thurs 9/22 - 8:30am NY Brkfst- BAS Office, 9 West 57th, Flr-6th North East /10:15am Global Investor Call/ NY Meetings Fri 9/23 - 8:30am Boston Brkfst- BAS Office, 2 International Place, 25th Floor/ 12pm Hartford lunch - Max Downtown Mon 9/26 - 8am EST Chicago Grp Breakfast-BAS Office 233 South Wacker Dr., 28th Floor / 1:30pm Minneapolis Grp Meeting-Grand Hotel This message is for information purposes only, and we are not soliciting any action based upon it. The information herein is believed to be reliable but it should not be relied upon as such and is subject to change without notice. Banc of America Securities LLC,and Barclay Capital Inc. and their affiliates may acquire, hold or sell positions in these securities or in related derivatives and may have an investment banking or banking relationship with the issuer. Information herein will be superseded by information in the final prospectus, copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255 or Craig Leonard/Brian Dixon at Barclay Capital Inc., 200 Park Avenue, 5th Floor, New York, NY 10166. The securities may not be sold, and offers to buy may not be accepted, until a final Prospectus Supplement can be delivered. Such securities may not be suitable for all investors. - -------------------------------------------------------------------------------- This message is for information purposes only and we are not soliciting any action based upon it. The information herein is believed reliable but it should not be relied upon as such and is subject to change without notice. BAS and its affiliates may acquire, hold or sell positions in the securities or instruments mentioned herein or in related derivatives and may have an investment banking or banking relationship with issuers of securities or instruments mentioned herein. You are encouraged to review the disclaimers contained in our research and other reports. 144A securities are for QIBS only. Further information may be available upon request. Derivatives may not be suitable for all investors. Subject: CMBS NEW ISSUE: BACM 05-5 INVESTOR CALL REPLAY Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2005-5 $1.977B NEW ISSUE CMBS Duration: 24 hours beginning 2pm EST 9/22 Topic: BACM 2005-5 Investor call replay Dial-In Number: Dial-in #: (800) 642-1687 Passcode 9791561 This message is for information purposes only, and we are not soliciting any action based upon it. The information herein is believed to be reliable but it should not be relied upon as such and is subject to change without notice. Banc of America Securities LLC, Barclays Capital Real Estate Inc, and their affiliates may acquire, hold or sell positions in these securities or in related derivatives and may have an investment banking or banking relationship with the issuer. Information herein will be superseded by information in the final prospectus, copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255. The securities may not be sold, and offers to buy may not be accepted, until a final Prospectus Supplement can be delivered. Such securities may not be suitable for all investors. - -------------------------------------------------------------------------------- This message is for information purposes only and we are not soliciting any action based upon it. The information herein is believed reliable but it should not be relied upon as such and is subject to change without notice. BAS and its affiliates may acquire, hold or sell positions in the securities or instruments mentioned herein or in related derivatives and may have an investment banking or banking relationship with issuers of securities or instruments mentioned herein. You are encouraged to review the disclaimers contained in our research and other reports. 144A securities are for QIBS only. Further information may be available upon request. Derivatives may not be suitable for all investors. BANC OF AMERICA COMMERCIAL MORTGAGE INC. This diskette accompanies the prospectus supplement and prospectus (together, the "Prospectus") relating to the Commercial Mortgage Pass-Through Certificates Series 2005-5 (the "Certificates"). The information set forth on this diskette is an electronic copy of certain information set forth on Annexes A and B to the Prospectus. This diskette should be reviewed only in conjunction with the entire Prospectus. This diskette does not contain all relevant information relating to the Certificates, particularly with respect to the structure of the underlying trust fund and the risks and special considerations associated with an investment in the Certificates. Such information is described in the Prospectus. Information on this diskette is subject to completion. The information on this diskette should not be viewed as projections, forecasts, predictions or opinions with respect to value. Prior to making any investment decision, a prospective investor should carefully review, and rely solely on, the final prospectus. NOTHING IN THIS DISKETTE SHOULD BE CONSIDERED AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY THE CERTIFICATES. Subject: CMBS NEW ISSUE: BACM 05-5 INVESTOR CALL REPLAY Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2005-5 $1.977B NEW ISSUE CMBS Duration: 24 hours beginning 2pm EST 9/22 Topic: BACM 2005-5 Investor call replay Dial-In Number: Dial-in #: (800) 642-1687 Passcode 9791561 This message is for information purposes only, and we are not soliciting any action based upon it. The information herein is believed to be reliable but it should not be relied upon as such and is subject to change without notice. Banc of America Securities LLC, Barclays Capital Real Estate Inc, and their affiliates may acquire, hold or sell positions in these securities or in related derivatives and may have an investment banking or banking relationship with the issuer. Information herein will be superseded by information in the final prospectus, copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255. The securities may not be sold, and offers to buy may not be accepted, until a final Prospectus Supplement can be delivered. Such securities may not be suitable for all investors. - -------------------------------------------------------------------------------- This message is for information purposes only and we are not soliciting any action based upon it. The information herein is believed reliable but it should not be relied upon as such and is subject to change without notice. BAS and its affiliates may acquire, hold or sell positions in the securities or instruments mentioned herein or in related derivatives and may have an investment banking or banking relationship with issuers of securities or instruments mentioned herein. You are encouraged to review the disclaimers contained in our research and other reports. 144A securities are for QIBS only. Further information may be available upon request. Derivatives may not be suitable for all investors. Subject: CMBS NEW ISSUE: BACM 2005-5 **PRICING BENCHMARKS Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2005-5 $1.913B NEW ISSUE CMBS Swaps Treasuries 2yr 39.75 2yr 99-21 3/4 4.169 3yr 43 3yr 99-28 1/4 4.167 4yr 44.50 5yr 98-19 3/4 4.187 5yr 46.25 10yr 99-13 4.324 6yr 46.25 30yr 112-1+ 4.568 7yr 45.75 8yr 46 9yr 45.75 10yr 45.75 11yr 49 Expected Timing Settlement - October 13, 2005 Dated Date - October 1, 2005 Legal Final - October 10, 2045 1st Coupon Pay Date - November 10, 2005 This message is for information purposes only, and we are not soliciting any action based upon it. The information herein is believed to be reliable but it should not be relied upon as such and is subject to change without notice. Banc of America Securities LLC,and Barclay Capital Inc. and their affiliates may acquire, hold or sell positions in these securities or in related derivatives and may have an investment banking or banking relationship with the issuer. Information herein will be superseded by information in the final prospectus, copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255 or Craig Leonard/Brian Dixon at Barclay Capital Inc., 200 Park Avenue, 5th Floor, New York, NY 10166. The securities may not be sold, and offers to buy may not be accepted, until a final Prospectus Supplement can be delivered. Such securities may not be suitable for all investors. - -------------------------------------------------------------------------------- This message is for information purposes only and we are not soliciting any action based upon it. The information herein is believed reliable but it should not be relied upon as such and is subject to change without notice. BAS and its affiliates may acquire, hold or sell positions in the securities or instruments mentioned herein or in related derivatives and may have an investment banking or banking relationship with issuers of securities or instruments mentioned herein. You are encouraged to review the disclaimers contained in our research and other reports. 144A securities are for QIBS only. Further information may be available upon request. Derivatives may not be suitable for all investors. PRICE/YIELD TABLE - CLASS A-2 Security ID: BACM 2005-5 Settlement Date: 10/13/2005 Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 Initial Balance: 250,250,000 Initial Pass-Through Rate: 4.916% PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 - ---------------- ---------- ---------- ---------- During YM 0.00% 0.00% 0.00% During Penalty 0.00% 0.00% 0.00% During Open 0.00% 0.00% 0.00% EXTENSIONS SCENARIO 1 SCENARIO 2 SCENARIO 3 - ---------- ---------- ---------- ---------- Extension on One Renaissance (largest 7 year loan) (mths) 0 0 0 Extension on 417 Fifth (largest 5 year loan) (mths) 0 12 24 Extension on all other Loans (mths) 0 0 0 Extension Percentage 0.00% 100.00% 100.00% SCENARIO 1 SCENARIO 2 SCENARIO 3 ---------- ---------- ---------- 100.00000000 4.94 4.94 4.94 100.06250000 4.92 4.93 4.93 100.12500000 4.91 4.91 4.92 100.18750000 4.89 4.90 4.90 100.25000000 4.88 4.89 4.89 100.31250000 4.86 4.87 4.88 100.37500000 4.85 4.86 4.86 100.43750000 4.84 4.85 4.85 100.50000000 4.82 4.83 4.84 100.56250000 4.81 4.82 4.82 100.62500000 4.79 4.81 4.81 100.68750000 4.78 4.79 4.80 100.75000000 4.76 4.78 4.79 100.81250000 4.75 4.76 4.77 100.87500000 4.73 4.75 4.76 100.93750000 4.72 4.74 4.75 101.00000000 4.70 4.72 4.73 WAL (YRS) 4.90 5.37 5.65 MOD DUR 4.27 4.61 4.81 FIRST PRIN PAY 08/10/2010 08/10/2010 08/10/2010 MATURITY 09/10/2010 09/10/2011 06/10/2012 YIELD SPREAD 71 70 70 CALC SWAP SPREAD 25 25 24 ASSUMPTIONS 1% Cleanup Call is Not Exercised Initial Balance is as of October 2005 Prepay Rates are a Constant % of CPR 100% of All Prepayment Premiums are assumed to be collected Prepayment Premiums are allocated to one or more classes of the offered certificates as described under "Description of the Certificates-Distributions- Distributions of Prepayment Premiums" in the Prospectus Supplement. No Delinquencies on any Mortgage Loan No Defaults on any Mortgage Loan TREASURY CURVE AS OF - ------------------------- TERM (YRS) YIELD (BEY%) - ---------- ------------ 1/12 4.056% 1/4 4.056% 1/2 4.056% 2 4.056% 3 4.076% 5 4.116% 10 4.293% 30 4.557% RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANK OF AMERICA SECURITIES LLC Subject: CMBS NEW ISSUE: BACM 05-5 **PUBLIC** PX SPREADS Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2005-5 $1.962B** NEW ISSUE CMBS Bookrunner/Co-LD: Banc of America Securities LLC Co-Lead Mgr: Barclays Capital Inc Co-Managers: Deutsche Bank Securities Inc./Morgan Stanley Rating Agencies: S&P and Moody's Expected Timing Settlement - October 13, 2005 Dated Date - October 1, 2005 Legal Final - October 10, 2045 1st Coupon Pay Date - November 10, 2005 Class Size($mm)** (S&P/M) Sub Lvl WAL PrinWindow Launch Status A-1 65.5 AAA/Aaa 30.000% 3.10 1-58 S+11a A-2 245.0 AAA/Aaa 30.000% 4.90 58-59 S+26 Subj A-3A 115.0 AAA/Aaa 30.000% 6.50 79-80 S+35 A-3B 50.0 AAA/Aaa 30.000% 6.70 80-81 S+38 A-SB 99.1 AAA/Aaa 30.000% 7.33 59-113 S+29 Subj A-4 799.1 AAA/Aaa 30.000% 9.80 113-119 S+31 Subj A-M 196.2 AAA/Aaa 20.000% 9.91 119-119 S+37 A-J 120.2 AAA/Aaa 13.875% 9.91 119-119 S+42 Subj B 41.7 AA/Aa2 11.750% 9.91 119-119 S+48a C 19.6 AA-/Aa3 10.750% 9.91 119-119 S+51a D 36.8 A/A2 8.875% 9.98 119-120 S+58 Subj XP 1909.8 AAA/Aaa Approx Procceds $15mm T+67-70 Subj XP is Notional Balance ** 3 loans were dropped and class sizes were adjusted #58957 Oak Tree Village - $7,210,000 #59216 Country Club Shopping Ctr - $5,850,000 #59170 Brookshire Brothers - $1,900,000 This message is for information purposes only, and we are not soliciting any action based upon it. The information herein is believed to be reliable but it should not be relied upon as such and is subject to change without notice. Banc of America Securities LLC,and Barclay Capital Inc. and their affiliates may acquire, hold or sell positions in these securities or in related derivatives and may have an investment banking or banking relationship with the issuer. Information herein will be superseded by information in the final prospectus, copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255 or Craig Leonard/Brian Dixon at Barclay Capital Inc., 200 Park Avenue, 5th Floor, New York, NY 10166. The securities may not be sold, and offers to buy may not be accepted, until a final Prospectus Supplement can be delivered. Such securities may not be suitable for all investors. - ------------------------------------------------------------------------------- This message is for information purposes only and we are not soliciting any action based upon it. The information herein is believed reliable but it should not be relied upon as such and is subject to change without notice. BAS and its affiliates may acquire, hold or sell positions in the securities or instruments mentioned herein or in related derivatives and may have an investment banking or banking relationship with issuers of securities or instruments mentioned herein. You are encouraged to review the disclaimers contained in our research and other reports. 144A securities are for QIBS only. Further information may be available upon request. Derivatives may not be suitable for all investors. PRICE/YIELD TABLE - CLASS A-3B Security ID: BACM 2005-5 Settlement Date: 10/13/2005 Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 Initial Balance: 50,000,000 Initial Pass-Through Rate: 5.402% PREPAYMENT (CPR) SCENARIO 1 - ---------------- ---------- During YM 0.00% During Penalty 0.00% During Open 0.00% SCENARIO 1 ---------- 100.84581000 5.18 100.90831000 5.17 100.97081000 5.16 101.03331000 5.15 101.09581000 5.14 101.15831000 5.12 101.22081000 5.11 101.28331000 5.10 101.34581000 5.09 101.40831000 5.08 101.47081000 5.07 101.53331000 5.06 101.59581000 5.05 101.65831000 5.03 101.72081000 5.02 101.78331000 5.01 101.84581000 5.00 WAL (YRS) 6.70 MOD DUR 5.52 FIRST PRIN PAY 06/10/2012 MATURITY 07/10/2012 YIELD SPREAD 85 CALC SWAP SPREAD 39 ASSUMPTIONS 1% Cleanup Call is Not Exercised Initial Balance is as of October 2005 Prepay Rates are a Constant % of CPR 100% of All Prepayment Premiums are assumed to be collected Prepayment Premiums are allocated to one or more classes of the offered certificates as described under "Description of the Certificates-Distributions- Distributions of Prepayment Premiums" in the Prospectus Supplement. No Delinquencies on any Mortgage Loan No Defaults on any Mortgage Loan No Extensions on any Mortgage Loan TREASURY CURVE AS OF - ------------------------- TERM (YRS) YIELD (BEY%) - ---------- ------------ 5 4.194% 10 4.334% RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC BACM 05-5 ITEM DATE - ---- --------- CMBS NEW ISSUE: BACM 05-5 Announcement 9/19/2005 CMBS NEW ISSUE: BACM 05-5 Announcement 9/20/2005 CMBS NEW ISSUE: BACM 05-5 INVESTOR CALL 10:15AM 9/22 THURS 9/21/2005 CMBS NEW ISSUE: BACM 05-5 **PRIVATES QIB/144A** 9/21/2005 CMBS NEW ISSUE: BACM 05-5 **PUBLIC** W/ TERM SHEET 9/21/2005 CMBS NEW ISSUE: BACM 05-5 **PRIVATES QIB/144A** 9/22/2005 CMBS NEW ISSUE: BACM 05-5 INVESTOR CALL 10:15AM 9/22 THURS 9/22/2005 CMBS NEW ISSUE: BACM 05-5 **PUBLIC** W/ RED & ANNEX A 9/22/2005 CMBS NEW ISSUE: BACM 05-5 INVESTOR CALL REPLAY 9/22/2005 CMBS NEW ISSUE: BACM 05-5 INVESTOR CALL REPLAY 9/23/2005 BACM 2005-5 - PAC IO Package for Tom Mitchell 9/22/2005 BACM 2005-5 - Computational Material Package PUBLICS 9/22/2005 BACM 2005-5 - Computational Material Package PRIVATES 9/22/2005 BACM 2005-5 - PAC IO Package for Tom Mitchell 9/22/2005 CMBS NEW ISSUE: BACM 05-5 **PRIVATES QIB/144A** 9/26/2005 CMBS NEW ISSUE: BACM 05-5 **PUBLIC** W/ RED & ANNEX A 9/26/2005 BACM 2005-5 A2 and A3 Loan Specific Extensions 9/27/2005 BACM 2005-5 A3 Split Runs for TIAA.xls 9/27/2005 CMBS NEW ISSUE: BACM 05-5 **PUBLIC** PX GUIDANCE 9/27/2005 CMBS NEW ISSUE: BACM 05-5 **PRIVATES QIB/144A** PX GUIDANCE 9/27/2005 CMBS NEW ISSUE: BACM 05-5 **PRIVATES QIB/144A** EOD STATUS 9/28/2005 CMBS NEW ISSUE: BACM 05-5 **PUBLIC** EOD STATUS 9/28/2005 FW: BACM 2005-5 A2 and A3 Loan Specific Extensions 9/27/2005 BACM 2005-5 A3A and A3B Extension PYs 9/28/2005 BACM 2005-5 - A-SB Cash Flows 9/29/2005 CMBS NEW ISSUE: BACM 05-5 **PUBLIC** Status 5 9/29/2005 CMBS NEW ISSUE: BACM 05-5 **PUBLIC** Status 5 9/29/2005 BACM 2005-5 A3B Default PY 9/29/2005 CMBS NEW ISSUE: BACM 05-5 **PUBLIC** Status 4 9/29/2005 CMBS NEW ISSUE: BACM 05-5 **PUBLIC** EOD STATUS 9/29/2005 CMBS NEW ISSUE: BACM 05-5 **PRIVATES QIB/144A** EOD STATUS 9/29/2005 CMBS NEW ISSUE: BACM 05-5 **PUBLIC** Status 6 9/29/2005 BACM 2005-5 Am Schedules 9/29/2005 CMBS NEW ISSUE: BACM 05-5 **PUBLIC** LAUNCH 9/29/2005 CMBS NEW ISSUE: BACM 05-5 **PRIVATES QIB/144A** LAUNCH 9/29/2005 FW: CMBS NEW ISSUE: BACM 05-5 **PRIVATES QIB/144A**PX SPREADS 9/30/2005 FW: CMBS NEW ISSUE: BACM 05-5 **PUBLIC** PX SPREADS 9/30/2005 BACM 2005-5 PAC IO Schedule 9/30/2005 BACM 2005-5 PAC IO Schedule 9/30/2005 CMBS NEW ISSUE: BACM 05-5 **PRIVATES QIB/144A**PX SPREADS 9/30/2005 CMBS NEW ISSUE: BACM 05-5 **PUBLIC** PX SPREADS 9/30/2005 CMBS NEW ISSUE: BACM 2005-5 **PRICING BENCHMARKS 9/30/2005 CMBS NEW ISSUE: BACM 05-5 **PUBLIC** PRICED 9/30/2005 CMBS NEW ISSUE: BACM 05-5 **PRIVATES QIB/144A** PRICED 9/30/2005 RE: Need a P/Y table for a trde we just did. Thanks. 9/30/2005 FW: CMBS NEW ISSUE: BACM 05-5 XC PRICED **PRIVATE QIB/144A* 10/5/2005 CMBS NEW ISSUE: BACM 05-5 XC ANNOUNCEMENT*PRIVATE QIB/144A** 10/3/2005 XC CDR Scenarios - BACM 2005-5 10/3/2005 BACM 2005-5 - XC Default PY Tables 10/3/2005 BACM 2005-5 - Bond Parameters, A-SB schedule, PAC IO Schedule for Tom Mitchell 10/4/2005 CERTIFICATE APPROXIMATE BALANCE OR PERCENTAGE APPROXIMATE S&P MOODY'S NOTIONAL OF POOL CREDIT CLASS RATINGS(1) AMOUNT(2) BALANCE SUPPORT RATE TYPE - ----- -------------- ------------- ----------- ----------- ------------- Offered Certificates A-1 AAA Aaa 65,500,000 3.338% 30.000% Fixed - ----- -------------- ------------- ----------- ----------- ------------- A-2 AAA Aaa 245,000,000 12.485% 30.000% Fixed - ----- -------------- ------------- ----------- ----------- ------------- A-3A AAA Aaa 114,950,000 5.858% 30.000% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- A-3B AAA Aaa 50,000,000 2.548% 30.000% WAC (5) - ----- -------------- ------------- ----------- ----------- ------------- A-SB AAA Aaa 99,086,000 5.049% 30.000% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- A-4 AAA Aaa 799,100,000 40.722% 30.000% Fixed (4) - ---- -------------- ------------- ----------- ----------- ------------- A-M AAA Aaa 196,234,000 10.000% 20.000% Fixed (4) - ---- -------------- ------------- ----------- ----------- ------------- A-J AAA Aaa 120,193,000 6.125% 13.875% WAC (6) - ----- -------------- ------------- ----------- ----------- ------------- XP AAA Aaa 1,909,817,000 (8) N/A N/A Variable Rate (8) - ----- -------------- ------------- ----------- ----------- ------------- B AA Aa2 41,700,000 2.125% 11.750% WAC (5) - ----- -------------- ------------- ----------- ----------- ------------- C AA- Aa3 19,624,000 1.000% 10.750% WAC (5) - ----- -------------- ------------- ----------- ----------- ------------- D A A2 36,793,000 1.875% 8.875% WAC (5) - ----- -------------- ------------- ----------- ----------- ------------- Private Certificates - Not Offered Hereby(7) E A- A3 19,624,000 1.000% 7.875% WAC (5) - ----- -------------- ------------- ----------- ----------- ------------- F BBB+ Baa1 24,529,000 1.250% 6.625% WAC (5) - ----- -------------- ------------- ----------- ----------- ------------- G BBB Baa2 26,982,000 1.375% 5.250% WAC (5) - ----- -------------- ------------- ----------- ----------- ------------- H BBB- Baa3 24,529,000 1.250% 4.000% WAC (5) - ----- -------------- ------------- ----------- ----------- ------------- J BB+ Ba1 12,265,000 0.625% 3.375% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- K BB Ba2 12,265,000 0.625% 2.750% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- L BB- Ba3 4,905,000 0.250% 2.500% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- M B+ B1 2,453,000 0.125% 2.375% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- N B B2 2,453,000 0.125% 2.250% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- O B- B3 7,359,000 0.375% 1.875% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- P NR NR 36,794,403 1.875% 0.000% Fixed (4) - ----- -------------- ------------- ----------- ----------- ------------- XC AAA Aaa 1,962,338,403 N/A N/A Variable Rate (9) - ----- -------------- ------------- ----------- ----------- ------------- APPROXIMATE INITIAL PASS- THROUGH WEIGHTED RATE AS AVERAGE OF DELIVERY LIFE ASSUMED FINAL PRINCIPAL START PRINCIPAL END CLASS DATE (YEARS) (3) DISTRIBUTION DATE (3) WINDOW WINDOW - ----- ----------- ----------- --------------------- --------------- ------------- Offered Certificates A-1 4.7160% 3.10 August 10, 2010 1 58 - ----- ----------- ----------- --------------------- --------------- ------------- A-2 5.0010% 4.90 September 10, 2010 58 59 - ----- ----------- ----------- --------------------- --------------- ------------- A-3A 5.1200% (4) 6.50 June 10, 2012 78 80 - ----- ----------- ----------- --------------------- --------------- ------------- A-3B 5.4016% (5) 6.70 July 10, 2012 80 81 - ----- ----------- ----------- --------------------- --------------- ------------- A-SB 5.0510% (4) 7.33 March 10, 2015 59 113 - ----- ----------- ----------- --------------------- --------------- ------------- A-4 5.1150% (4) 9.80 September 10, 2015 113 119 - ----- ----------- ----------- --------------------- --------------- ------------- A-M 5.1760% (4) 9.91 September 10, 2015 119 119 - ----- ----------- ----------- --------------------- --------------- ------------- A-J 5.3316% (6) 9.91 September 10, 2015 119 119 - ----- ----------- ----------- --------------------- ------------------------------- XP 0.2400% (8) (8) N/A N/A - ----- ----------- ----------- --------------------- ------------------------------- B 5.4016% (5) 9.91 September 10, 2015 119 119 - ----- ----------- ----------- --------------------- --------------- ------------- C 5.4016% (5) 9.91 September 10, 2015 119 119 - ----- ----------- ----------- --------------------- --------------- ------------- D 5.4016% (5) 9.99 October 10, 2015 119 120 - ----- ----------- ----------- --------------------- --------------- ------------- Private Certificates - Not Offered Hereby(7) E 5.4016% (5) 9.99 October 10, 2015 120 120 - ----- ----------- ----------- --------------------- --------------- ------------- F 5.4016% (5) 9.99 October 10, 2015 120 120 - ----- ----------- ----------- --------------------- --------------- ------------- G 5.4016% (5) 9.99 October 10, 2015 120 120 - ----- ----------- ----------- --------------------- --------------- ------------- H 5.4016% (5) 9.99 October 10, 2015 120 120 - ----- ----------- ----------- --------------------- --------------- ------------- J 4.7550% (4) 9.99 October 10, 2015 120 120 - ----- ----------- ----------- --------------------- --------------- ------------- K 4.7550% (4) 9.99 October 10, 2015 120 120 - ----- ----------- ----------- --------------------- --------------- ------------- L 4.7550% (4) 9.99 October 10, 2015 120 120 - ----- ----------- ----------- --------------------- --------------- ------------- M 4.7550% (4) 9.99 October 10, 2015 120 120 - ----- ----------- ----------- --------------------- --------------- ------------- N 4.7550% (4) 9.99 October 10, 2015 120 120 - ----- ----------- ----------- --------------------- --------------- ------------- O 4.7550% (4) 9.99 October 10, 2015 120 120 - ----- ----------- ----------- --------------------- --------------- ------------- P 4.7550% (4) 11.71 October 10, 2020 120 180 - ----- ----------- ----------- --------------------- ------------------------------- XC 0.0429% (9) (9) N/A N/A - ----- ----------- ----------- --------------------- ------------------------------- (1) Ratings shown are those of Standard & Poor's Ratings Services, a division of The McGraw-Hill Companies, Inc., and Moody's Investors Services, Inc., respectively. APPROXIMATE INITIAL PASS- CERTIFICATE APPROXIMATE THROUGH WEIGHTED BALANCE OR PERCENTAGE APPROXIMATE RATE AS AVERAGE S&P MOODY'S NOTIONAL OF POOL CREDIT OF DELIVERY LIFE CLASS RATINGS(1) AMOUNT(2) BALANCE SUPPORT RATE TYPE DATE (YEARS) (3) ============================================================================================================================== Offered Certificates - ------------------------------------------------------------------------------------------------------------------------------ A-1 AAA Aaa 66,500,000 3.363% 30.000% Fixed (4) % (4) 3.10 - ------------------------------------------------------------------------------------------------------------------------------ A-2 AAA Aaa 250,250,000 12.656% 30.000% Fixed (4) % (4) 4.90 - ------------------------------------------------------------------------------------------------------------------------------ A-3 AAA Aaa 164,950,000 8.342% 30.000% Fixed (4) % (4) 6.56 - ------------------------------------------------------------------------------------------------------------------------------ A-SB AAA Aaa 99,807,000 5.048% 30.000% Fixed (4) % (4) 7.33 - ------------------------------------------------------------------------------------------------------------------------------ A-4 AAA Aaa 802,600,000 40.591% 30.000% Fixed (4) % (4) 9.80 - ------------------------------------------------------------------------------------------------------------------------------ A-M AAA Aaa 197,730,000 10.000% 20.000% Fixed (4) % (4) 9.91 - ------------------------------------------------------------------------------------------------------------------------------ A-J AAA Aaa 121,109,000 6.125% 13.875% Fixed (4) % (4) 9.91 - ------------------------------------------------------------------------------------------------------------------------------ XP AAA Aaa TBD (6) N/A N/A Variable Rate(6) % (6) (6) - ------------------------------------------------------------------------------------------------------------------------------ B AA Aa2 42,018,000 2.125% 11.750% Fixed (4) % (4) 9.91 - ------------------------------------------------------------------------------------------------------------------------------ C AA- Aa3 19,772,000 1.000% 10.750% Fixed (4) % (4) 9.91 - ------------------------------------------------------------------------------------------------------------------------------ D A A2 37,075,000 1.875% 8.875% Fixed (4) % (4) 9.98 - ------------------------------------------------------------------------------------------------------------------------------ Private Certificates - Not Offered Hereby(5) - ------------------------------------------------------------------------------------------------------------------------------ E A- A3 19,773,000 1.000% 7.875% Fixed (4) % (4) 9.99 - ------------------------------------------------------------------------------------------------------------------------------ F BBB+ Baa1 24,716,000 1.250% 6.625% Fixed (4) % (4) 9.99 - ------------------------------------------------------------------------------------------------------------------------------ G BBB Baa2 27,188,000 1.375% 5.250% Fixed (4) % (4) 9.99 - ------------------------------------------------------------------------------------------------------------------------------ H BBB- Baa3 24,716,000 1.250% 4.000% Fixed (4) % (4) 9.99 - ------------------------------------------------------------------------------------------------------------------------------ J BB+ Ba1 12,358,000 0.625% 3.375% Fixed (4) % (4) 9.99 - ------------------------------------------------------------------------------------------------------------------------------ K BB Ba2 12,358,000 0.625% 2.750% Fixed (4) % (4) 9.99 - ------------------------------------------------------------------------------------------------------------------------------ L BB- Ba3 4,943,000 0.250% 2.500% Fixed (4) % (4) 9.99 - ------------------------------------------------------------------------------------------------------------------------------ M B+ NR 7,415,000 0.375% 2.125% Fixed (4) % (4) 9.99 - ------------------------------------------------------------------------------------------------------------------------------ N B NR 7,415,000 0.375% 1.750% Fixed (4) % (4) 9.99 - ------------------------------------------------------------------------------------------------------------------------------ O B- NR 4,943,000 0.250% 1.500% Fixed (4) % (4) 9.99 - ------------------------------------------------------------------------------------------------------------------------------ P NR NR 29,660,328 1.500% 0.000% Fixed (4) % (4) 12.13 - ------------------------------------------------------------------------------------------------------------------------------ XC AAA Aaa 1,977,296,328 N/A N/A Variable Rate (7) % (7) (7) - ------------------------------------------------------------------------------------------------------------------------------ PRINCIPAL PRINCIPAL ASSUMED FINAL START END CLASS DISTRIBUTION DATE (3) WINDOW WINDOW ======================================================================= Offered Certificates - ----------------------------------------------------------------------- A-1 August 10, 2010 1 58 - ----------------------------------------------------------------------- A-2 September 10, 2010 58 59 - ----------------------------------------------------------------------- A-3 July 10, 2012 78 81 - ----------------------------------------------------------------------- A-SB March 10, 2015 59 113 - ----------------------------------------------------------------------- A-4 September 10, 2015 113 119 - ----------------------------------------------------------------------- A-M September 10, 2015 119 119 - ----------------------------------------------------------------------- A-J September 10, 2015 119 119 - ----------------------------------------------------------------------- XP N/A N/A - ----------------------------------------------------------------------- B September 10, 2015 119 119 - ----------------------------------------------------------------------- C September 10, 2015 119 119 - ----------------------------------------------------------------------- D October 10, 2015 119 120 - ----------------------------------------------------------------------- Private Certificates- Not Offered Hereby(5) - ----------------------------------------------------------------------- E October 10, 2015 120 120 - ----------------------------------------------------------------------- F October 10, 2015 120 120 - ----------------------------------------------------------------------- G October 10, 2015 120 120 - ----------------------------------------------------------------------- H October 10, 2015 120 120 - ----------------------------------------------------------------------- J October 10, 2015 120 120 - ----------------------------------------------------------------------- K October 10, 2015 120 120 - ----------------------------------------------------------------------- L October 10, 2015 120 120 - ----------------------------------------------------------------------- M October 10, 2015 120 120 - ----------------------------------------------------------------------- N October 10, 2015 120 120 - ----------------------------------------------------------------------- O October 10, 2015 120 120 - ----------------------------------------------------------------------- P October 10, 2020 120 180 - ----------------------------------------------------------------------- XC N/A N/A - ----------------------------------------------------------------------- (1) Ratings shown are those of Standard & Poor's Ratings Services, a division of The McGraw-Hill Companies, Inc., and Moody's Investors Services, Inc., respectively. (2) As of the delivery date. Subject to a variance of plus or minus 5%. (3) Based on the maturity assumptions (as defined under "Yield and Maturity Considerations" in this prospectus supplement). As of the delivery date, calculations for the certificates assume no prepayments will be made on the mortgage loans prior to their related maturity dates (or, in the case of the mortgage loan with an anticipated repayment date, the related anticipated repayment date). (4) The Class A-1, Class A-2, Class A-3, Class A-SB, Class A-4, Class A-M, Class A-J, Class B, Class C, Class D, Class E, Class F, Class G, Class H, Class J, Class K, Class L, Class M Class N, Class O and Class P Certificates will each accrue interest as either (i) a fixed rate, (ii) a fixed rate subject to a cap at the weighted average net mortgage rate, (iii) the weighted average net mortgage rate or (iv) the weighted average net mortgage rate less a specified percentage. (5) Not offered by this prospectus supplement. Any information we provide herein regarding the terms of these certificates is provided only to enhance your understanding of the offered certificates. (6) The Class XP Certificates will not have a certificate balance and their holders will not receive distributions of principal, but such holders are entitled to receive payments of the aggregate interest accrued on the notional amount of the Class XP Certificates, as described in this prospectus supplement. The interest rate applicable to the Class XP Certificates for each distribution date will be as described in this prospectus supplement. See "Description of the Certificates--Pass-Through Rates" in this prospectus supplement. (7) The Class XC Certificates are not offered by this prospectus supplement. Any information we provide herein regarding the terms of these certificates is provided only to enhance your understanding of the offered certificates. The Class XC Certificates will not have certificate balances and their holders will not receive distributions of principal, but such holders are entitled to receive payments of the aggregate interest accrued on the notional amount of the Class XC Certificates, as the case may be, as described in this prospectus supplement. The interest rates applicable to the Class XC Certificates for each distribution date will be as described in this prospectus supplement. See "Description of the Certificates - Pass-Through Rates" in this prospectus supplement. 1) BALANCE GROSS RT ADMIN FEES NET RT A-1 Note 110,000,000.00 5.222476190480000% 0.06152% 5.160956190480% A-2 NOTE (BACM 05-5) 100,000,000.00 5.222476190480000% 0.06083% 5.161646190480% B Note 25,000,000.00 7.662000000000% 0.05000% 7.612000000000% SOTHEBY'S 235,000,000.00 5.482000000% The A-1 Note has been securitized in BACM 2005-4 (the coupon and servicing for the A-1 and B Note remain the same as that for BACM 2005-4 2) TORRE MAYOR A/B NOTE STRUCTURE. TERMS ARE AS FOLLOWS BALANCE GROSS RT ADMIN FEES NET RT A1 Note (BACM 05-5) 55,000,000.00 7.5460000000% 0.040830% 7.5051700000% A2 Note 55,000,000.00 7.5460000000% 0.040830% 7.5051700000% B Note 20,000,000.00 7.5460000000% 0.020000% 7.5260000000% ------------------------------------------------------------------------------------------------------------------- Total 130,000,000.00 Under default scenarios, the Torre loan will pay interest to the A Notes, Principal to the A Notes and all remaining cash, if any, will be used to pay interest and principal to the B Note. This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. PRICE/YIELD TABLE - CLASS A-3 - -------------------------------------------------------------------------------------------------------------------- Security ID: BACM 2005-5 Initial Balance: 164,950,000 Settlement Date: 10/13/2005 Initial Pass-Through Rate: 5.030% Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 - -------------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------- PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 - -------------------------------------------------------------------------------------------------------------------- During YM 0.00% 0.00% 0.00% - -------------------------------------------------------------------------------------------------------------------- During Penalty 0.00% 0.00% 0.00% - -------------------------------------------------------------------------------------------------------------------- During Open 0.00% 0.00% 0.00% - -------------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------- EXTENSIONS SCENARIO 1 SCENARIO 2 SCENARIO 3 - -------------------------------------------------------------------------------------------------------------------- Extension on One Renaissance (largest 7 year loan) (mths) 0 12 24 - -------------------------------------------------------------------------------------------------------------------- Extension on 417 Fifth (largest 5 year loan) (mths) 0 0 0 - -------------------------------------------------------------------------------------------------------------------- Extension on all other Loans (mths) 0 0 0 - -------------------------------------------------------------------------------------------------------------------- Extension Percentage 0.00% 100.00% 100.00% - -------------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------- SCENARIO 1 SCENARIO 2 SCENARIO 3 - -------------------------------------------------------------------------------------------------------------------- 100.00000000 5.06 5.06 5.06 - -------------------------------------------------------------------------------------------------------------------- 100.06250000 5.05 5.05 5.05 - -------------------------------------------------------------------------------------------------------------------- 100.12500000 5.04 5.04 5.04 - -------------------------------------------------------------------------------------------------------------------- 100.18750000 5.03 5.03 5.03 - -------------------------------------------------------------------------------------------------------------------- 100.25000000 5.01 5.02 5.02 - -------------------------------------------------------------------------------------------------------------------- 100.31250000 5.00 5.01 5.01 - -------------------------------------------------------------------------------------------------------------------- 100.37500000 4.99 5.00 5.00 - -------------------------------------------------------------------------------------------------------------------- 100.43750000 4.98 4.99 4.99 - -------------------------------------------------------------------------------------------------------------------- 100.50000000 4.97 4.98 4.98 - -------------------------------------------------------------------------------------------------------------------- 100.56250000 4.96 4.97 4.97 - -------------------------------------------------------------------------------------------------------------------- 100.62500000 4.95 4.96 4.96 - -------------------------------------------------------------------------------------------------------------------- 100.68750000 4.93 4.95 4.95 - -------------------------------------------------------------------------------------------------------------------- 100.75000000 4.92 4.94 4.94 - -------------------------------------------------------------------------------------------------------------------- 100.81250000 4.91 4.92 4.94 - -------------------------------------------------------------------------------------------------------------------- 100.87500000 4.90 4.91 4.93 - -------------------------------------------------------------------------------------------------------------------- 100.93750000 4.89 4.90 4.92 - -------------------------------------------------------------------------------------------------------------------- 101.00000000 4.88 4.89 4.91 - -------------------------------------------------------------------------------------------------------------------- WAL (YRS) 6.56 7.19 7.82 - -------------------------------------------------------------------------------------------------------------------- MOD DUR 5.47 5.90 6.31 - -------------------------------------------------------------------------------------------------------------------- FIRST PRIN PAY 04/10/2012 04/10/2012 04/10/2012 - -------------------------------------------------------------------------------------------------------------------- MATURITY 07/10/2012 04/10/2013 04/10/2014 - -------------------------------------------------------------------------------------------------------------------- YIELD SPREAD 80 78 77 - -------------------------------------------------------------------------------------------------------------------- CALC SWAP SPREAD 34 33 31 - -------------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------------------- ASSUMPTIONS TREASURY CURVE AS OF - ----------------------------------------------------------------------------------------------- -------------------------- 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) -------------------------- Initial Balance is as of October 2005 1/12 4.056% Prepay Rates are a Constant % of CPR 1/4 4.056% 100% of All Prepayment Premiums are assumed to be collected 1/2 4.056% Prepayment Premiums are allocated to one or more classes 2 4.056% of the offered certificates as described under "Description of the Certificates-Distributions- 3 4.076% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.116% No Delinquencies on any Mortgage Loan 10 4.293% No Defaults on any Mortgage Loan 30 4.557% - ------------------------------------------------------------------------------------------------------------------------------- RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES - -------------------------------------------------------------------------------- This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC PRICE/YIELD TABLE - CLASS A-3 - --------------------------------------------------------------------------------------------------------------------- Security ID: BACM 2005-5 Initial Balance: 164,950,000 Settlement Date: 10/13/2005 Initial Pass-Through Rate: 5.030% Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 - --------------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------- PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 - -------------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------- During YM 0.00% 0.00% 0.00% - -------------------------------------------------------------------------------------------------------------------- During Penalty 0.00% 0.00% 0.00% - -------------------------------------------------------------------------------------------------------------------- During Open 0.00% 0.00% 0.00% - -------------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------- EXTENSIONS SCENARIO 1 SCENARIO 2 SCENARIO 3 - -------------------------------------------------------------------------------------------------------------------- Extension on One Renaissance (largest 7 year loan) (mths) 0 12 24 - -------------------------------------------------------------------------------------------------------------------- Extension on 417 Fifth (largest 5 year loan) (mths) 0 0 0 - -------------------------------------------------------------------------------------------------------------------- Extension on all other Loans (mths) 0 0 0 - -------------------------------------------------------------------------------------------------------------------- Extension Percentage 0.00% 100.00% 100.00% - -------------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------- SCENARIO 1 SCENARIO 2 SCENARIO 3 - -------------------------------------------------------------------------------------------------------------------- 100.00000000 5.06 5.06 5.06 - -------------------------------------------------------------------------------------------------------------------- 100.06250000 5.05 5.05 5.05 - -------------------------------------------------------------------------------------------------------------------- 100.12500000 5.04 5.04 5.04 - -------------------------------------------------------------------------------------------------------------------- 100.18750000 5.03 5.03 5.03 - -------------------------------------------------------------------------------------------------------------------- 100.25000000 5.01 5.02 5.02 - -------------------------------------------------------------------------------------------------------------------- 100.31250000 5.00 5.01 5.01 - -------------------------------------------------------------------------------------------------------------------- 100.37500000 4.99 5.00 5.00 - -------------------------------------------------------------------------------------------------------------------- 100.43750000 4.98 4.99 4.99 - -------------------------------------------------------------------------------------------------------------------- 100.50000000 4.97 4.98 4.98 - -------------------------------------------------------------------------------------------------------------------- 100.56250000 4.96 4.97 4.97 - -------------------------------------------------------------------------------------------------------------------- 100.62500000 4.95 4.96 4.96 - -------------------------------------------------------------------------------------------------------------------- 100.68750000 4.93 4.95 4.95 - -------------------------------------------------------------------------------------------------------------------- 100.75000000 4.92 4.94 4.94 - -------------------------------------------------------------------------------------------------------------------- 100.81250000 4.91 4.92 4.94 - -------------------------------------------------------------------------------------------------------------------- 100.87500000 4.90 4.91 4.93 - -------------------------------------------------------------------------------------------------------------------- 100.93750000 4.89 4.90 4.92 - -------------------------------------------------------------------------------------------------------------------- 101.00000000 4.88 4.89 4.91 - -------------------------------------------------------------------------------------------------------------------- WAL (yrs) 6.56 7.19 7.82 - -------------------------------------------------------------------------------------------------------------------- Mod Dur 5.47 5.90 6.31 - -------------------------------------------------------------------------------------------------------------------- First Prin Pay 04/10/2012 04/10/2012 04/10/2012 - -------------------------------------------------------------------------------------------------------------------- Maturity 07/10/2012 04/10/2013 04/10/2014 - -------------------------------------------------------------------------------------------------------------------- Yield Spread 80 78 77 - -------------------------------------------------------------------------------------------------------------------- Calc Swap Spread 34 33 31 - -------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------------- ASSUMPTIONS TREASURY CURVE AS OF - ---------------------------------------------------------------------------------------------- ------------------------- 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) ------------------------- Initial Balance is as of October 2005 1/12 4.056% Prepay Rates are a Constant % of CPR 1/4 4.056% 100% of All Prepayment Premiums are assumed to be collected 1/2 4.056% Prepayment Premiums are allocated to one or more classes 2 4.056% of the offered certificates as described under "Description of the Certificates-Distributions- 3 4.076% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.116% No Delinquencies on any Mortgage Loan 10 4.293% No Defaults on any Mortgage Loan 30 4.557% - ------------------------------------------------------------------------------------------------------------------------------- RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES - -------------------------------------------------------------------------------- This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC PRICE/YIELD TABLE - CLASS A-3 - ---------------------------------------------------------------------------------------------------------------------------------- Security ID: BACM 2005-5 Initial Balance: 164,950,000 Settlement Date: 10/13/2005 Initial Pass-Through Rate: 4.936% Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 - ---------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- During YM 0.00% 0.00% 0.00% 0.00% 0.00% - --------------------------------------------------------------------------------------------------------------------------------- During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------- During Open 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - --------------------------------------------------------------------------------------------------------------------------------- 100.00000000 4.96 4.97 4.97 4.97 4.97 - --------------------------------------------------------------------------------------------------------------------------------- 100.06250000 4.95 4.95 4.96 4.96 4.96 - --------------------------------------------------------------------------------------------------------------------------------- 100.12500000 4.94 4.94 4.94 4.94 4.95 - --------------------------------------------------------------------------------------------------------------------------------- 100.18750000 4.93 4.93 4.93 4.93 4.94 - --------------------------------------------------------------------------------------------------------------------------------- 100.25000000 4.92 4.92 4.92 4.92 4.93 - --------------------------------------------------------------------------------------------------------------------------------- 100.31250000 4.91 4.91 4.91 4.91 4.91 - --------------------------------------------------------------------------------------------------------------------------------- 100.37500000 4.90 4.90 4.90 4.90 4.90 - --------------------------------------------------------------------------------------------------------------------------------- 100.43750000 4.89 4.89 4.89 4.89 4.89 - --------------------------------------------------------------------------------------------------------------------------------- 100.50000000 4.87 4.87 4.88 4.87 4.88 - --------------------------------------------------------------------------------------------------------------------------------- 100.56250000 4.86 4.86 4.86 4.86 4.87 - --------------------------------------------------------------------------------------------------------------------------------- 100.62500000 4.85 4.85 4.85 4.85 4.85 - --------------------------------------------------------------------------------------------------------------------------------- 100.68750000 4.84 4.84 4.84 4.84 4.84 - --------------------------------------------------------------------------------------------------------------------------------- 100.75000000 4.83 4.83 4.83 4.83 4.83 - --------------------------------------------------------------------------------------------------------------------------------- 100.81250000 4.82 4.82 4.82 4.82 4.82 - --------------------------------------------------------------------------------------------------------------------------------- 100.87500000 4.81 4.81 4.81 4.81 4.81 - --------------------------------------------------------------------------------------------------------------------------------- 100.93750000 4.79 4.80 4.80 4.79 4.80 - --------------------------------------------------------------------------------------------------------------------------------- 101.00000000 4.78 4.78 4.78 4.78 4.78 - --------------------------------------------------------------------------------------------------------------------------------- WAL (YRS) 6.56 6.53 6.49 6.44 6.17 - --------------------------------------------------------------------------------------------------------------------------------- MOD DUR 5.49 5.46 5.43 5.40 5.20 - --------------------------------------------------------------------------------------------------------------------------------- FIRST PRIN PAY 04/10/2012 09/10/2010 09/10/2010 09/10/2010 08/10/2010 - --------------------------------------------------------------------------------------------------------------------------------- MATURITY 07/10/2012 07/10/2012 07/10/2012 07/10/2012 05/10/2012 - --------------------------------------------------------------------------------------------------------------------------------- YIELD SPREAD 79 79 79 79 81 - --------------------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------------------ ASSUMPTIONS TREASURY CURVE AS OF - ----------------------------------------------------------------------------------------- ----------------------------------- 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) ----------------------------------- Initial Balance is as of October 2005 1/12 3.9130% Prepay Rates are a Constant % of CPR 1/4 3.9130% 100% of All Prepayment Premiums are assumed to be collected 1/2 3.9130% Prepayment Premiums are allocated to one or more classes 2 3.9130% of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.9430% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.0140% No Extensions on any Mortgage Loan 10 4.2470% No Delinquencies on any Mortgage Loan 30 4.5540% No Defaults on any Mortgage Loan - ------------------------------------------------------------------------------------------------------------------------------------ RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES - -------------------------------------------------------------------------------- This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC PRICE/YIELD TABLE - CLASS A-3 - ---------------------------------------------------------------------------------------------------- Security ID: BACM 2005-5 Initial Balance: 164,950,000 Settlement Date: 10/13/2005 Initial Pass-Through Rate: 5.030%: Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 - ---------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------- PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 - --------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------- During YM 0.00% 0.00% 0.00% - --------------------------------------------------------------------------------------------------- During Penalty 0.00% 0.00% 0.00% - --------------------------------------------------------------------------------------------------- During Open 0.00% 0.00% 0.00% - --------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------- EXTENSIONS SCENARIO 1 SCENARIO 2 SCENARIO 3 - --------------------------------------------------------------------------------------------------- Extension on One Renaissance (largest 7 year loan) (mths) 0 12 24 - --------------------------------------------------------------------------------------------------- Extension on 417 Fifth (largest 5 year loan) (mths) 0 0 0 - --------------------------------------------------------------------------------------------------- Extension on all other Loans (mths) 0 0 0 - --------------------------------------------------------------------------------------------------- Extension Percentage 0.00% 100.00% 100.00% - --------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------- SCENARIO 1 SCENARIO 2 SCENARIO 3 - --------------------------------------------------------------------------------------------------- 100.00000000 5.06 5.06 5.06 - --------------------------------------------------------------------------------------------------- 100.06250000 5.05 5.05 5.05 - --------------------------------------------------------------------------------------------------- 100.12500000 5.04 5.04 5.04 - --------------------------------------------------------------------------------------------------- 100.18750000 5.03 5.03 5.03 - --------------------------------------------------------------------------------------------------- 100.25000000 5.01 5.02 5.02 - --------------------------------------------------------------------------------------------------- 100.31250000 5.00 5.01 5.01 - --------------------------------------------------------------------------------------------------- 100.37500000 4.99 5.00 5.00 - --------------------------------------------------------------------------------------------------- 100.43750000 4.98 4.99 4.99 - --------------------------------------------------------------------------------------------------- 100.50000000 4.97 4.98 4.98 - --------------------------------------------------------------------------------------------------- 100.56250000 4.96 4.97 4.97 - --------------------------------------------------------------------------------------------------- 100.62500000 4.95 4.96 4.96 - --------------------------------------------------------------------------------------------------- 100.68750000 4.93 4.95 4.95 - --------------------------------------------------------------------------------------------------- 100.75000000 4.92 4.94 4.94 - --------------------------------------------------------------------------------------------------- 100.81250000 4.91 4.92 4.94 - --------------------------------------------------------------------------------------------------- 100.87500000 4.90 4.91 4.93 - --------------------------------------------------------------------------------------------------- 100.93750000 4.89 4.90 4.92 - --------------------------------------------------------------------------------------------------- 101.00000000 4.88 4.89 4.91 - --------------------------------------------------------------------------------------------------- WAL (YRS) 6.56 7.19 7.82 - --------------------------------------------------------------------------------------------------- MOD DUR 5.47 5.90 6.31 - --------------------------------------------------------------------------------------------------- FIRST PRIN PAY 04/10/2012 04/10/2012 04/10/2012 - --------------------------------------------------------------------------------------------------- MATURITY 07/10/2012 04/10/2013 04/10/2014 - --------------------------------------------------------------------------------------------------- YIELD SPREAD 80 78 77 - --------------------------------------------------------------------------------------------------- CALC SWAP SPREAD 34 33 31 - --------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------- ASSUMPTIONS TREASURY CURVE AS OF - ------------------------------------------------------------------------------------- ------------------------ 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) ------------------------ Initial Balance is as of October 2005 1/12 4.056% Prepay Rates are a Constant % of CPR 1/4 4.056% 100% of All Prepayment Premiums are assumed to be collected 1/2 4.056% Prepayment Premiums are allocated to one or more classes 2 4.056% of the offered certificates as described under "Description of the Certificates-Distributions- 3 4.076% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.116% No Delinquencies on any Mortgage Loan 10 4.293% No Defaults on any Mortgage Loan 30 4.557% - --------------------------------------------------------------------------------------------------------------------------- RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES - -------------------------------------------------------------------------------- This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC Price/Yield Table - Class A-2 - ----------------------------------------------------------------------------------------------------------------------------------- Security ID: BACM 2005-5 Initial Balance: 250,250,000 Settlement Date: 10/13/2005 Initial Pass-Through Rate: 4.801% Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- During YM 0.00% 25.00% 50.00% 75.00% 100.00% - ----------------------------------------------------------------------------------------------------------------------------------- During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% - ----------------------------------------------------------------------------------------------------------------------------------- During Open 0.00% 25.00% 50.00% 75.00% 100.00% - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - ----------------------------------------------------------------------------------------------------------------------------------- 100.00000000 4.82 4.94 5.06 5.17 5.31 - ----------------------------------------------------------------------------------------------------------------------------------- 100.06250000 4.81 4.92 5.05 5.16 5.29 - ----------------------------------------------------------------------------------------------------------------------------------- 100.12500000 4.79 4.91 5.03 5.14 5.27 - ----------------------------------------------------------------------------------------------------------------------------------- 100.18750000 4.78 4.89 5.01 5.12 5.25 - ----------------------------------------------------------------------------------------------------------------------------------- 100.25000000 4.76 4.87 5.00 5.10 5.23 - ----------------------------------------------------------------------------------------------------------------------------------- 100.31250000 4.75 4.86 4.98 5.08 5.21 - ----------------------------------------------------------------------------------------------------------------------------------- 100.37500000 4.73 4.84 4.96 5.07 5.19 - ----------------------------------------------------------------------------------------------------------------------------------- 100.43750000 4.72 4.83 4.95 5.05 5.17 - ----------------------------------------------------------------------------------------------------------------------------------- 100.50000000 4.70 4.81 4.93 5.03 5.15 - ----------------------------------------------------------------------------------------------------------------------------------- 100.56250000 4.69 4.80 4.91 5.01 5.13 - ----------------------------------------------------------------------------------------------------------------------------------- 100.62500000 4.68 4.78 4.89 4.99 5.11 - ----------------------------------------------------------------------------------------------------------------------------------- 100.68750000 4.66 4.76 4.88 4.98 5.09 - ----------------------------------------------------------------------------------------------------------------------------------- 100.75000000 4.65 4.75 4.86 4.96 5.07 - ----------------------------------------------------------------------------------------------------------------------------------- 100.81250000 4.63 4.73 4.84 4.94 5.05 - ----------------------------------------------------------------------------------------------------------------------------------- 100.87500000 4.62 4.72 4.83 4.92 5.03 - ----------------------------------------------------------------------------------------------------------------------------------- 100.93750000 4.60 4.70 4.81 4.90 5.01 - ----------------------------------------------------------------------------------------------------------------------------------- 101.00000000 4.59 4.69 4.79 4.88 4.99 - ----------------------------------------------------------------------------------------------------------------------------------- WAL (YRS) 4.90 4.55 4.16 3.87 3.47 - ----------------------------------------------------------------------------------------------------------------------------------- MOD DUR 4.28 3.99 3.67 3.43 3.08 - ----------------------------------------------------------------------------------------------------------------------------------- FIRST PRIN PAY 08/10/2010 08/10/2008 10/10/2007 04/10/2007 05/10/2006 - ----------------------------------------------------------------------------------------------------------------------------------- MATURITY 09/10/2010 09/10/2010 09/10/2010 09/10/2010 06/10/2010 - ----------------------------------------------------------------------------------------------------------------------------------- YIELD SPREAD 69 81 94 106 119 - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- ASSUMPTIONS TREASURY CURVE AS OF - ---------------------------------------------------------------------------------- ------------------------------------ 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) ------------------------------------ Initial Balance is as of October 2005 1/12 3.913% Prepay Rates are a Constant % of CPR 1/4 3.913% 100% of All Prepayment Premiums are assumed to be collected 1/2 3.913% Prepayment Premiums are allocated to one or more classes 2 3.913% of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.943% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.014% No Extensions on any Mortgage Loan 10 4.247% No Delinquencies on any Mortgage Loan 30 4.554% No Defaults on any Mortgage Loan - ----------------------------------------------------------------------------------------------------------------------------------- RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES - -------------------------------------------------------------------------------- This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC PRICE/YIELD TABLE - CLASS A-2 - ----------------------------------------------------------------------------------------------------- Security ID: BACM 2005-5 Initial Balance: 250,250,000 Settlement Date: 10/13/2005 Initial Pass-Through Rate: 4.801% Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 - ------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------ PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - ------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------ During YM 0.00% 0.00% 0.00% 0.00% 0.00% - ------------------------------------------------------------------------------------------------------ During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% - ------------------------------------------------------------------------------------------------------ During Open 0.00% 25.00% 50.00% 75.00% 100.00% - ------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------ SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - ------------------------------------------------------------------------------------------------------ 100.00000000 4.82 4.82 4.82 4.82 4.82 - ------------------------------------------------------------------------------------------------------ 100.06250000 4.81 4.81 4.81 4.81 4.81 - ------------------------------------------------------------------------------------------------------ 100.12500000 4.79 4.79 4.79 4.79 4.79 - ------------------------------------------------------------------------------------------------------ 100.18750000 4.78 4.78 4.78 4.78 4.78 - ------------------------------------------------------------------------------------------------------ 100.25000000 4.76 4.76 4.76 4.76 4.76 - ------------------------------------------------------------------------------------------------------ 100.31250000 4.75 4.75 4.75 4.75 4.74 - ------------------------------------------------------------------------------------------------------ 100.37500000 4.73 4.73 4.73 4.73 4.73 - ------------------------------------------------------------------------------------------------------ 100.43750000 4.72 4.72 4.72 4.72 4.71 - ------------------------------------------------------------------------------------------------------ 100.50000000 4.70 4.70 4.70 4.70 4.70 - ------------------------------------------------------------------------------------------------------ 100.56250000 4.69 4.69 4.69 4.69 4.68 - ------------------------------------------------------------------------------------------------------ 100.62500000 4.68 4.68 4.67 4.67 4.67 - ------------------------------------------------------------------------------------------------------ 100.68750000 4.66 4.66 4.66 4.66 4.65 - ------------------------------------------------------------------------------------------------------ 100.75000000 4.65 4.65 4.64 4.64 4.63 - ------------------------------------------------------------------------------------------------------ 100.81250000 4.63 4.63 4.63 4.63 4.62 - ------------------------------------------------------------------------------------------------------ 100.87500000 4.62 4.62 4.61 4.61 4.60 - ------------------------------------------------------------------------------------------------------ 100.93750000 4.60 4.60 4.60 4.60 4.59 - ------------------------------------------------------------------------------------------------------ 101.00000000 4.59 4.59 4.58 4.58 4.57 - ------------------------------------------------------------------------------------------------------ WAL (YRS) 4.90 4.87 4.79 4.70 4.42 - ------------------------------------------------------------------------------------------------------ MOD DUR 4.28 4.25 4.19 4.11 3.90 - ------------------------------------------------------------------------------------------------------ FIRST PRIN PAY 08/10/2010 01/10/2010 07/10/2009 03/10/2009 09/10/2008 - ------------------------------------------------------------------------------------------------------ MATURITY 09/10/2010 09/10/2010 09/10/2010 09/10/2010 08/10/2010 - ------------------------------------------------------------------------------------------------------ YIELD SPREAD 69 70 70 70 70 - ------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------ ASSUMPTIONS TREASURY CURVE AS OF - ----------------------------------------------------- ----------------------------------- 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) ----------------------------------- Initial Balance is as of October 2005 1/12 3.9130% Prepay Rates are a Constant % of CPR 1/4 3.9130% 100% of All Prepayment Premiums are assumed to be collected 1/2 3.9130% Prepayment Premiums are allocated to one or more classes 2 3.9130% of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.9430% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.0140% No Extensions on any Mortgage Loan 10 4.2470% No Delinquencies on any Mortgage Loan 30 4.5540% No Defaults on any Mortgage Loan - ------------------------------------------------------------------------------------------------------ RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES - -------------------------------------------------------------------------------- This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC PRICE/YIELD TABLE - CLASS A-3 - ---------------------------------------------------------------------------------------------------- Security ID: BACM 2005-5 Initial Balance: 164,950,000 Settlement Date: 10/13/2005 Initial Pass-Through Rate: 4.936% Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 - ---------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------- Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5 - ---------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------- During YM 0.00% 25.00% 50.00% 75.00% 100.00% - ---------------------------------------------------------------------------------------------------- During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% - ---------------------------------------------------------------------------------------------------- During Open 0.00% 25.00% 50.00% 75.00% 100.00% - ---------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------- SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - ---------------------------------------------------------------------------------------------------- 100.00000000 4.96 5.00 5.00 4.99 4.98 - ---------------------------------------------------------------------------------------------------- 100.06250000 4.95 4.99 4.99 4.97 4.97 - ---------------------------------------------------------------------------------------------------- 100.12500000 4.94 4.97 4.98 4.96 4.95 - ---------------------------------------------------------------------------------------------------- 100.18750000 4.93 4.96 4.97 4.95 4.94 - ---------------------------------------------------------------------------------------------------- 100.25000000 4.92 4.95 4.95 4.93 4.93 - ---------------------------------------------------------------------------------------------------- 100.31250000 4.91 4.94 4.94 4.92 4.91 - ---------------------------------------------------------------------------------------------------- 100.37500000 4.90 4.93 4.93 4.91 4.90 - ---------------------------------------------------------------------------------------------------- 100.43750000 4.89 4.91 4.91 4.89 4.89 - ---------------------------------------------------------------------------------------------------- 100.50000000 4.87 4.90 4.90 4.88 4.87 - ---------------------------------------------------------------------------------------------------- 100.56250000 4.86 4.89 4.89 4.87 4.86 - ---------------------------------------------------------------------------------------------------- 100.62500000 4.85 4.88 4.88 4.85 4.84 - ---------------------------------------------------------------------------------------------------- 100.68750000 4.84 4.86 4.86 4.84 4.83 - ---------------------------------------------------------------------------------------------------- 100.75000000 4.83 4.85 4.85 4.83 4.82 - ---------------------------------------------------------------------------------------------------- 100.81250000 4.82 4.84 4.84 4.82 4.80 - ---------------------------------------------------------------------------------------------------- 100.87500000 4.81 4.83 4.83 4.80 4.79 - ---------------------------------------------------------------------------------------------------- 100.93750000 4.79 4.82 4.81 4.79 4.78 - ---------------------------------------------------------------------------------------------------- 101.00000000 4.78 4.80 4.80 4.78 4.76 - ---------------------------------------------------------------------------------------------------- WAL (YRS) 6.56 6.01 5.72 5.55 5.24 - ---------------------------------------------------------------------------------------------------- MOD DUR 5.49 5.08 4.87 4.74 4.51 - ---------------------------------------------------------------------------------------------------- FIRST PRIN PAY 04/10/2012 09/10/2010 09/10/2010 09/10/2010 06/10/2010 - ---------------------------------------------------------------------------------------------------- MATURITY 07/10/2012 05/10/2012 04/10/2012 04/10/2012 11/10/2011 - ---------------------------------------------------------------------------------------------------- YIELD SPREAD 79 84 85 84 85 - ---------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------- ASSUMPTIONS TREASURY CURVE AS OF - --------------------------------------------------- ------------------------------------ 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) ------------------------------------ Initial Balance is as of October 2005 1/12 3.913% Prepay Rates are a Constant % of CPR 1/4 3.913% 100% of All Prepayment Premiums are assumed to be collected 1/2 3.913% Prepayment Premiums are allocated to one or more classes 2 3.913% of the offered certificates as described under "Description of the Certifiates-Distribut 3 3.943% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.014% No Extensions on any Mortgage Loan 10 4.247% No Delinquencies on any Mortgage Loan 30 4.554% No Defaults on any Mortgage Loan - ---------------------------------------------------------------------------------------------------- RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES - -------------------------------------------------------------------------------- This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC PRICE/YIELD TABLE - CLASS A-4 - ----------------------------------------------------------------------------------------------------------------------------------- Security ID: BACM 2005-5 Initial Balance: 802,600,000 Settlement Date: 10/13/2005 Initial Pass-Through Rate: 4.981% Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 - ------------------------------------------------------------------------------------------------------------------------------- PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - ------------------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------------- During YM 0.00% 0.00% 0.00% 0.00% 0.00% - ------------------------------------------------------------------------------------------------------------------------------- During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% - ------------------------------------------------------------------------------------------------------------------------------- During Open 0.00% 25.00% 50.00% 75.00% 100.00% - ------------------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------------- SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - ------------------------------------------------------------------------------------------------------------------------------- 100.00000000 5.02 5.02 5.02 5.02 5.02 - ------------------------------------------------------------------------------------------------------------------------------- 100.06250000 5.01 5.01 5.01 5.01 5.01 - ------------------------------------------------------------------------------------------------------------------------------- 100.12500000 5.00 5.00 5.00 5.00 5.00 - ------------------------------------------------------------------------------------------------------------------------------- 100.18750000 4.99 4.99 4.99 4.99 4.99 - ------------------------------------------------------------------------------------------------------------------------------- 100.25000000 4.98 4.98 4.98 4.98 4.98 - ------------------------------------------------------------------------------------------------------------------------------- 100.31250000 4.98 4.98 4.98 4.97 4.97 - ------------------------------------------------------------------------------------------------------------------------------- 100.37500000 4.97 4.97 4.97 4.97 4.97 - ------------------------------------------------------------------------------------------------------------------------------- 100.43750000 4.96 4.96 4.96 4.96 4.96 - ------------------------------------------------------------------------------------------------------------------------------- 100.50000000 4.95 4.95 4.95 4.95 4.95 - ------------------------------------------------------------------------------------------------------------------------------- 100.56250000 4.94 4.94 4.94 4.94 4.94 - ------------------------------------------------------------------------------------------------------------------------------- 100.62500000 4.93 4.93 4.93 4.93 4.93 - ------------------------------------------------------------------------------------------------------------------------------- 100.68750000 4.93 4.93 4.93 4.93 4.92 - ------------------------------------------------------------------------------------------------------------------------------- 100.75000000 4.92 4.92 4.92 4.92 4.92 - ------------------------------------------------------------------------------------------------------------------------------- 100.81250000 4.91 4.91 4.91 4.91 4.91 - ------------------------------------------------------------------------------------------------------------------------------- 100.87500000 4.90 4.90 4.90 4.90 4.90 - ------------------------------------------------------------------------------------------------------------------------------- 100.93750000 4.89 4.89 4.89 4.89 4.89 - ------------------------------------------------------------------------------------------------------------------------------- 101.00000000 4.89 4.89 4.88 4.88 4.88 - ------------------------------------------------------------------------------------------------------------------------------- WAL (YRS) 9.80 9.77 9.74 9.69 9.47 - ------------------------------------------------------------------------------------------------------------------------------- MOD DUR 7.59 7.57 7.55 7.52 7.39 - ------------------------------------------------------------------------------------------------------------------------------- FIRST PRIN PAY 03/10/2015 12/10/2014 11/10/2014 10/10/2014 10/10/2014 - ------------------------------------------------------------------------------------------------------------------------------- MATURITY 09/10/2015 09/10/2015 09/10/2015 09/10/2015 07/10/2015 - ------------------------------------------------------------------------------------------------------------------------------- YIELD SPREAD 71 71 72 72 73 - ------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- ASSUMPTIONS TREASURY CURVE AS OF - ---------------------------------------------------------------------------------------------------------------------------------- 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) Initial Balance is as of October 2005 1/12 3.9130% Prepay Rates are a Constant % of CPR 1/4 3.9130% 100% of All Prepayment Premiums are assumed to be collected 1/2 3.9130% Prepayment Premiums are allocated to one or more classes 2 3.9130% of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.9430% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.0140% No Extensions on any Mortgage Loan 10 4.2470% No Delinquencies on any Mortgage Loan 30 4.5540% No Defaults on any Mortgage Loan RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. PRICE/YIELD TABLE - CLASS A-M - ---------------------------------------------------------------------------------------------------------------------------------- Security ID: CM 2005-5 Initial Balance: 197,730,000 Settlement Date: 10/13/2005 Initial Pass-Through Rate: 5.054% Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 - ---------------------------------------------------------------------------------------------------------------------------------- PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - ---------------------------------------------------------------------------------------------------------------------------------- During YM 0.00% 0.00% 0.00% 0.00% 0.00% - ---------------------------------------------------------------------------------------------------------------------------------- During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% - ---------------------------------------------------------------------------------------------------------------------------------- During Open 0.00% 25.00% 50.00% 75.00% 100.00% - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - ---------------------------------------------------------------------------------------------------------------------------------- 100.00000000 5.09 5.09 5.09 5.09 5.09 - ---------------------------------------------------------------------------------------------------------------------------------- 100.06250000 5.08 5.08 5.08 5.08 5.08 - ---------------------------------------------------------------------------------------------------------------------------------- 100.12500000 5.07 5.07 5.07 5.07 5.07 - ---------------------------------------------------------------------------------------------------------------------------------- 100.18750000 5.07 5.07 5.07 5.07 5.07 - ---------------------------------------------------------------------------------------------------------------------------------- 100.25000000 5.06 5.06 5.06 5.06 5.06 - ---------------------------------------------------------------------------------------------------------------------------------- 100.31250000 5.05 5.05 5.05 5.05 5.05 - ---------------------------------------------------------------------------------------------------------------------------------- 100.37500000 5.04 5.04 5.04 5.04 5.04 - ---------------------------------------------------------------------------------------------------------------------------------- 100.43750000 5.03 5.03 5.03 5.03 5.03 - ---------------------------------------------------------------------------------------------------------------------------------- 100.50000000 5.03 5.03 5.03 5.03 5.02 - ---------------------------------------------------------------------------------------------------------------------------------- 100.56250000 5.02 5.02 5.02 5.02 5.02 - ---------------------------------------------------------------------------------------------------------------------------------- 100.62500000 5.01 5.01 5.01 5.01 5.01 - ---------------------------------------------------------------------------------------------------------------------------------- 100.68750000 5.00 5.00 5.00 5.00 5.00 - ---------------------------------------------------------------------------------------------------------------------------------- 100.75000000 4.99 4.99 4.99 4.99 4.99 - ---------------------------------------------------------------------------------------------------------------------------------- 100.81250000 4.99 4.99 4.99 4.99 4.98 - ---------------------------------------------------------------------------------------------------------------------------------- 100.87500000 4.98 4.98 4.98 4.98 4.98 - ---------------------------------------------------------------------------------------------------------------------------------- 100.93750000 4.97 4.97 4.97 4.97 4.97 - ---------------------------------------------------------------------------------------------------------------------------------- 101.00000000 4.96 4.96 4.96 4.96 4.96 - ---------------------------------------------------------------------------------------------------------------------------------- WAL (YRS) 9.91 9.91 9.91 9.91 9.74 - ---------------------------------------------------------------------------------------------------------------------------------- MOD DUR 7.63 7.63 7.63 7.63 7.53 - ---------------------------------------------------------------------------------------------------------------------------------- FIRST PRIN PAY 09/10/2015 09/10/2015 09/10/2015 09/10/2015 07/10/2015 - ---------------------------------------------------------------------------------------------------------------------------------- MATURITY 09/10/2015 09/10/2015 09/10/2015 09/10/2015 07/10/2015 - ---------------------------------------------------------------------------------------------------------------------------------- YIELD SPREAD 78 78 78 78 79 - ---------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- ASSUMPTIONS TREASURY CURVE AS OF - ----------------------------------------------------------------------------------------------------------------------------------- 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) Initial Balance is as of October 2005 1/12 3.9130% Prepay Rates are a Constant % of CPR 1/4 3.9130% 100% of All Prepayment Premiums are assumed to be collected 1/2 3.9130% Prepayment Premiums are allocated to one or more classes 2 3.9130% of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.9430% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.0140% No Extensions on any Mortgage Loan 10 4.2470% No Delinquencies on any Mortgage Loan 30 4.5540% No Defaults on any Mortgage Loan RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. PRICE/YIELD TABLE - CLASS A-SB - ------------------------------------------------------------------------------------------------------------------------------------ Security ID: BACM 2005-5 Initial Balance: 99,807,000 Settlement Date: 10/13/2005 Initial Pass-Through Rate: 4.904% Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - ------------------------------------------------------------------------------------------------------------------------------------ During YM 0.00% 0.00% 0.00% 0.00% 0.00% - ------------------------------------------------------------------------------------------------------------------------------------ During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% - ------------------------------------------------------------------------------------------------------------------------------------ During Open 0.00% 25.00% 50.00% 75.00% 100.00% - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - ------------------------------------------------------------------------------------------------------------------------------------ 100.00000000 4.93 4.94 4.95 4.95 4.93 - ------------------------------------------------------------------------------------------------------------------------------------ 100.06250000 4.92 4.93 4.94 4.94 4.92 - ------------------------------------------------------------------------------------------------------------------------------------ 100.12500000 4.91 4.92 4.93 4.93 4.91 - ------------------------------------------------------------------------------------------------------------------------------------ 100.18750000 4.90 4.91 4.92 4.92 4.90 - ------------------------------------------------------------------------------------------------------------------------------------ 100.25000000 4.89 4.90 4.91 4.91 4.89 - ------------------------------------------------------------------------------------------------------------------------------------ 100.31250000 4.88 4.89 4.90 4.90 4.88 - ------------------------------------------------------------------------------------------------------------------------------------ 100.37500000 4.87 4.88 4.88 4.89 4.87 - ------------------------------------------------------------------------------------------------------------------------------------ 100.43750000 4.86 4.87 4.87 4.88 4.86 - ------------------------------------------------------------------------------------------------------------------------------------ 100.50000000 4.85 4.86 4.86 4.86 4.85 - ------------------------------------------------------------------------------------------------------------------------------------ 100.56250000 4.84 4.85 4.85 4.85 4.84 - ------------------------------------------------------------------------------------------------------------------------------------ 100.62500000 4.83 4.84 4.84 4.84 4.83 - ------------------------------------------------------------------------------------------------------------------------------------ 100.68750000 4.82 4.83 4.83 4.83 4.82 - ------------------------------------------------------------------------------------------------------------------------------------ 100.75000000 4.81 4.82 4.82 4.82 4.81 - ------------------------------------------------------------------------------------------------------------------------------------ 100.81250000 4.80 4.81 4.81 4.81 4.80 - ------------------------------------------------------------------------------------------------------------------------------------ 100.87500000 4.79 4.80 4.80 4.80 4.79 - ------------------------------------------------------------------------------------------------------------------------------------ 100.93750000 4.78 4.79 4.79 4.79 4.78 - ------------------------------------------------------------------------------------------------------------------------------------ 101.00000000 4.77 4.78 4.78 4.78 4.77 - ------------------------------------------------------------------------------------------------------------------------------------ WAL (YRS) 7.33 7.25 7.21 7.20 7.19 - ------------------------------------------------------------------------------------------------------------------------------------ MOD DUR 6.00 5.94 5.92 5.91 5.91 - ------------------------------------------------------------------------------------------------------------------------------------ FIRST PRIN PAY 09/10/2010 09/10/2010 09/10/2010 09/10/2010 09/10/2010 - ------------------------------------------------------------------------------------------------------------------------------------ MATURITY 03/10/2015 12/10/2014 11/10/2014 10/10/2014 10/10/2014 - ------------------------------------------------------------------------------------------------------------------------------------ YIELD SPREAD 73 74 75 75 73 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ ASSUMPTIONS TREASURY CURVE AS OF - ------------------------------------------------------------------------------------------------------------------------------------ 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) Initial Balance is as of October 2005 1/12 3.9130% Prepay Rates are a Constant % of CPR 1/4 3.9130% 100% of All Prepayment Premiums are assumed to be collected 1/2 3.9130% Prepayment Premiums are allocated to one or more classes 2 3.9130% of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.9430% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.0140% No Extensions on any Mortgage Loan 10 4.2470% No Delinquencies on any Mortgage Loan 30 4.5540% No Defaults on any Mortgage Loan - ------------------------------------------------------------------------------------------------------------------------------------ RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC PRICE/YIELD TABLE - CLASS A-J - -------------------------------------------------------------------------------------------------------------------------------- Security ID: BACM 2005-5 Initial Balance: 121,109,000 Settlement Date: 10/13/2005 Initial Pass-Through Rate: 5.084% Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 - -------------------------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------------------- PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - -------------------------------------------------------------------------------------------------------------------------------- During YM 0.00% 0.00% 0.00% 0.00% 0.00% - -------------------------------------------------------------------------------------------------------------------------------- During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% - -------------------------------------------------------------------------------------------------------------------------------- During Open 0.00% 25.00% 50.00% 75.00% 100.00% - -------------------------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------------------- SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - -------------------------------------------------------------------------------------------------------------------------------- 100.00000000 5.12 5.12 5.12 5.12 5.12 - -------------------------------------------------------------------------------------------------------------------------------- 100.06250000 5.11 5.11 5.11 5.11 5.11 - -------------------------------------------------------------------------------------------------------------------------------- 100.12500000 5.11 5.11 5.11 5.11 5.10 - -------------------------------------------------------------------------------------------------------------------------------- 100.18750000 5.10 5.10 5.10 5.10 5.10 - -------------------------------------------------------------------------------------------------------------------------------- 100.25000000 5.09 5.09 5.09 5.09 5.09 - -------------------------------------------------------------------------------------------------------------------------------- 100.31250000 5.08 5.08 5.08 5.08 5.08 - ------------------------------------------------------------------------------------------------------------------------------- 100.37500000 5.07 5.07 5.07 5.07 5.07 - -------------------------------------------------------------------------------------------------------------------------------- 100.43750000 5.06 5.06 5.06 5.06 5.06 - -------------------------------------------------------------------------------------------------------------------------------- 100.50000000 5.06 5.06 5.06 5.06 5.06 - -------------------------------------------------------------------------------------------------------------------------------- 100.56250000 5.05 5.05 5.05 5.05 5.05 - -------------------------------------------------------------------------------------------------------------------------------- 100.62500000 5.04 5.04 5.04 5.04 5.04 - -------------------------------------------------------------------------------------------------------------------------------- 100.68750000 5.03 5.03 5.03 5.03 5.03 - -------------------------------------------------------------------------------------------------------------------------------- 100.75000000 5.02 5.02 5.02 5.02 5.02 - -------------------------------------------------------------------------------------------------------------------------------- 100.81250000 5.02 5.02 5.02 5.02 5.01 - -------------------------------------------------------------------------------------------------------------------------------- 100.87500000 5.01 5.01 5.01 5.01 5.01 - -------------------------------------------------------------------------------------------------------------------------------- 100.93750000 5.00 5.00 5.00 5.00 5.00 - -------------------------------------------------------------------------------------------------------------------------------- 101.00000000 4.99 4.99 4.99 4.99 4.99 - -------------------------------------------------------------------------------------------------------------------------------- WAL (YRS) 9.91 9.91 9.91 9.91 9.76 - -------------------------------------------------------------------------------------------------------------------------------- MOD DUR 7.62 7.62 7.62 7.62 7.53 - -------------------------------------------------------------------------------------------------------------------------------- FIRST PRIN PAY 09/10/2015 09/10/2015 09/10/2015 09/10/2015 07/10/2015 - -------------------------------------------------------------------------------------------------------------------------------- MATURITY 09/10/2015 09/10/2015 09/10/2015 09/10/2015 08/10/2015 - -------------------------------------------------------------------------------------------------------------------------------- YIELD SPREAD 81 81 81 81 82 - -------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- ASSUMPTIONS TREASURY CURVE AS OF - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) Initial Balance is as of October 2005 1/12 3.9130% Prepay Rates are a Constant % of CPR 1/4 3.9130% 100% of All Prepayment Premiums are assumed to be collected 1/2 3.9130% Prepayment Premiums are allocated to one or more classes 2 3.9130% of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.9430% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.0140% No Extensions on any Mortgage Loan 10 4.2470% No Delinquencies on any Mortgage Loan 30 4.5540% No Defaults on any Mortgage Loan - --------------------------------------------------------------------------------------------------------------------------------- RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. PRICE/YIELD TABLE - CLASS B - ----------------------------------------------------------------------------------------------------------------------------------- Security ID: BACM 2005-5 Initial Balance: 42,018,000 Settlement Date: 10/13/2005 Initial Pass-Through Rate: 5.163% Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - ----------------------------------------------------------------------------------------------------------------------------------- During YM 0.00% 0.00% 0.00% 0.00% 0.00% - ----------------------------------------------------------------------------------------------------------------------------------- During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% - ----------------------------------------------------------------------------------------------------------------------------------- During Open 0.00% 25.00% 50.00% 75.00% 100.00% - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - ----------------------------------------------------------------------------------------------------------------------------------- 100.00000000 5.20 5.20 5.20 5.20 5.20 - ----------------------------------------------------------------------------------------------------------------------------------- 100.06250000 5.19 5.19 5.19 5.19 5.19 - ----------------------------------------------------------------------------------------------------------------------------------- 100.12500000 5.19 5.19 5.19 5.19 5.19 - ----------------------------------------------------------------------------------------------------------------------------------- 100.18750000 5.18 5.18 5.18 5.18 5.18 - ----------------------------------------------------------------------------------------------------------------------------------- 100.25000000 5.17 5.17 5.17 5.17 5.17 - ----------------------------------------------------------------------------------------------------------------------------------- 100.31250000 5.16 5.16 5.16 5.16 5.16 - ----------------------------------------------------------------------------------------------------------------------------------- 100.37500000 5.15 5.15 5.15 5.15 5.15 - ----------------------------------------------------------------------------------------------------------------------------------- 100.43750000 5.14 5.14 5.14 5.14 5.14 - ----------------------------------------------------------------------------------------------------------------------------------- 100.50000000 5.14 5.14 5.14 5.14 5.14 - ----------------------------------------------------------------------------------------------------------------------------------- 100.56250000 5.13 5.13 5.13 5.13 5.13 - ----------------------------------------------------------------------------------------------------------------------------------- 100.62500000 5.12 5.12 5.12 5.12 5.12 - ----------------------------------------------------------------------------------------------------------------------------------- 100.68750000 5.11 5.11 5.11 5.11 5.11 - ----------------------------------------------------------------------------------------------------------------------------------- 100.75000000 5.10 5.10 5.10 5.10 5.10 - ----------------------------------------------------------------------------------------------------------------------------------- 100.81250000 5.10 5.10 5.10 5.10 5.09 - ----------------------------------------------------------------------------------------------------------------------------------- 100.87500000 5.09 5.09 5.09 5.09 5.09 - ----------------------------------------------------------------------------------------------------------------------------------- 100.93750000 5.08 5.08 5.08 5.08 5.08 - ----------------------------------------------------------------------------------------------------------------------------------- 101.00000000 5.07 5.07 5.07 5.07 5.07 - ----------------------------------------------------------------------------------------------------------------------------------- WAL (YRS) 9.91 9.91 9.91 9.91 9.83 - ----------------------------------------------------------------------------------------------------------------------------------- MOD DUR 7.59 7.59 7.59 7.59 7.54 - ----------------------------------------------------------------------------------------------------------------------------------- FIRST PRIN PAY 09/10/2015 09/10/2015 09/10/2015 09/10/2015 08/10/2015 - ----------------------------------------------------------------------------------------------------------------------------------- MATURITY 09/10/2015 09/10/2015 09/10/2015 09/10/2015 08/10/2015 - ----------------------------------------------------------------------------------------------------------------------------------- YIELD SPREAD 89 89 89 89 90 - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- ASSUMPTIONS TREASURY CURVE AS OF - ----------------------------------------------------------------------------------------------------------------------------------- 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) Initial Balance is as of October 2005 1/12 3.9130% Prepay Rates are a Constant % of CPR 1/4 3.9130% 100% of All Prepayment Premiums are assumed to be collected 1/2 3.9130% Prepayment Premiums are allocated to one or more classes 2 3.9130% of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.9430% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.0140% No Extensions on any Mortgage Loan 10 4.2470% No Delinquencies on any Mortgage Loan 30 4.5540% No Defaults on any Mortgage Loan RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. PRICE/YIELD TABLE - CLASS B - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Security ID: BACM 2005-5 Initial Balance: 42,018,000 Settlement Date: 10/13/2005 Initial Pass-Through Rate: 5.163% Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During YM 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During Open 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.00000000 5.20 5.20 5.20 5.20 5.20 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.06250000 5.19 5.19 5.19 5.19 5.19 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.12500000 5.19 5.19 5.19 5.19 5.19 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.18750000 5.18 5.18 5.18 5.18 5.18 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.25000000 5.17 5.17 5.17 5.17 5.17 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.31250000 5.16 5.16 5.16 5.16 5.16 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.37500000 5.15 5.15 5.15 5.15 5.15 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.43750000 5.14 5.14 5.14 5.14 5.14 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.50000000 5.14 5.14 5.14 5.14 5.14 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.56250000 5.13 5.13 5.13 5.13 5.13 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.62500000 5.12 5.12 5.12 5.12 5.12 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.68750000 5.11 5.11 5.11 5.11 5.11 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.75000000 5.10 5.10 5.10 5.10 5.10 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.81250000 5.10 5.10 5.10 5.10 5.09 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.87500000 5.09 5.09 5.09 5.09 5.09 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.93750000 5.08 5.08 5.08 5.08 5.08 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 101.00000000 5.07 5.07 5.07 5.07 5.07 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- WAL (YRS) 9.91 9.91 9.91 9.91 9.83 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MOD DUR 7.59 7.59 7.59 7.59 7.54 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- FIRST PRIN PAY 09/10/2015 09/10/2015 09/10/2015 09/10/2015 08/10/2015 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MATURITY 09/10/2015 09/10/2015 09/10/2015 09/10/2015 08/10/2015 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- YIELD SPREAD 89 89 89 89 90 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ASSUMPTIONS TREASURY CURVE AS OF - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) Initial Balance is as of October 2005 1/12 3.913% Prepay Rates are a Constant % of CPR 1/4 3.913% 100% of All Prepayment Premiums are assumed to be collected 1/2 3.913% Prepayment Premiums are allocated to one or more classes 2 3.913% of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.943% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.014% No Extensions on any Mortgage Loan 10 4.247% No Delinquencies on any Mortgage Loan 30 4.554% No Defaults on any Mortgage Loan RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. PRICE/YIELD TABLE - CLASS C - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Security ID: BACM 2005-5 Initial Balance: 19,772,000 Settlement Date: 10/13/2005 Initial Pass-Through Rate: 5.183% Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During YM 0.00% 0.00% 0.00% 0.00% 0.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During Open 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.00000000 5.22 5.22 5.22 5.22 5.22 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.06250000 5.21 5.21 5.21 5.21 5.21 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.12500000 5.21 5.21 5.21 5.21 5.21 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.18750000 5.20 5.20 5.20 5.20 5.20 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.25000000 5.19 5.19 5.19 5.19 5.19 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.31250000 5.18 5.18 5.18 5.18 5.18 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.37500000 5.17 5.17 5.17 5.17 5.17 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.43750000 5.16 5.16 5.16 5.16 5.16 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.50000000 5.16 5.16 5.16 5.16 5.16 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.56250000 5.15 5.15 5.15 5.15 5.15 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.62500000 5.14 5.14 5.14 5.14 5.14 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.68750000 5.13 5.13 5.13 5.13 5.13 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.75000000 5.12 5.12 5.12 5.12 5.12 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.81250000 5.12 5.12 5.12 5.12 5.11 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.87500000 5.11 5.11 5.11 5.11 5.11 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.93750000 5.10 5.10 5.10 5.10 5.10 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 101.00000000 5.09 5.09 5.09 5.09 5.09 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- WAL (YRS) 9.91 9.91 9.91 9.91 9.83 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MOD DUR 7.58 7.58 7.58 7.58 7.53 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- FIRST PRIN PAY 09/10/2015 09/10/2015 09/10/2015 09/10/2015 08/10/2015 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MATURITY 09/10/2015 09/10/2015 09/10/2015 09/10/2015 08/10/2015 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- YIELD SPREAD 91 91 91 91 92 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ASSUMPTIONS TREASURY CURVE AS OF - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) Initial Balance is as of October 2005 1/12 3.9130% Prepay Rates are a Constant % of CPR 1/4 3.9130% 100% of All Prepayment Premiums are assumed to be collected 1/2 3.9130% Prepayment Premiums are allocated to one or more classes 2 3.9130% of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.9430% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.0140% No Extensions on any Mortgage Loan 10 4.2470% No Delinquencies on any Mortgage Loan 30 4.5540% No Defaults on any Mortgage Loan - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC PRICE/YIELD TABLE - CLASS C - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Security ID: BACM 2005-5 Initial Balance: 19,772,000 Settlement Date: 10/13/2005 Initial Pass-Through Rate: 5.183% Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During YM 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During Open 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.00000000 5.22 5.22 5.22 5.22 5.22 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.06250000 5.21 5.21 5.21 5.21 5.21 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.12500000 5.21 5.21 5.21 5.21 5.21 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.18750000 5.20 5.20 5.20 5.20 5.20 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.25000000 5.19 5.19 5.19 5.19 5.19 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.31250000 5.18 5.18 5.18 5.18 5.18 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.37500000 5.17 5.17 5.17 5.17 5.17 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.43750000 5.16 5.16 5.16 5.16 5.16 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.50000000 5.16 5.16 5.16 5.16 5.16 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.56250000 5.15 5.15 5.15 5.15 5.15 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.62500000 5.14 5.14 5.14 5.14 5.14 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.68750000 5.13 5.13 5.13 5.13 5.13 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.75000000 5.12 5.12 5.12 5.12 5.12 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.81250000 5.12 5.12 5.12 5.12 5.11 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.87500000 5.11 5.11 5.11 5.11 5.11 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.93750000 5.10 5.10 5.10 5.10 5.10 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 101.00000000 5.09 5.09 5.09 5.09 5.09 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- WAL (YRS) 9.91 9.91 9.91 9.91 9.83 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MOD DUR 7.58 7.58 7.58 7.58 7.53 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- FIRST PRIN PAY 09/10/2015 09/10/2015 09/10/2015 09/10/2015 08/10/2015 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MATURITY 09/10/2015 09/10/2015 09/10/2015 09/10/2015 08/10/2015 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- YIELD SPREAD 91 91 91 91 92 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ASSUMPTIONS TREASURY CURVE AS OF - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) Initial Balance is as of October 2005 1/12 3.913% Prepay Rates are a Constant % of CPR 1/4 3.913% 100% of All Prepayment Premiums are assumed to be collected 1/2 3.913% Prepayment Premiums are allocated to one or more classes 2 3.913% of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.943% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.014% No Extensions on any Mortgage Loan 10 4.247% No Delinquencies on any Mortgage Loan 30 4.554% No Defaults on any Mortgage Loan - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. PRICE/YIELD TABLE - CLASS D - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Security ID: BACM 2005-5 Initial Balance: 37,075,000 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Settlement Date: 10/13/2005 Initial Pass-Through Rate: 5.371% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Accrual Start Date: 10/01/2005 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- First Pay Date: 11/10/2005 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During YM 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During Open 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.00000000 5.31 5.30 5.30 5.31 5.31 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.06250000 5.30 5.30 5.30 5.30 5.30 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.12500000 5.29 5.29 5.29 5.29 5.29 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.18750000 5.28 5.28 5.28 5.28 5.28 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.25000000 5.27 5.27 5.27 5.27 5.28 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.31250000 5.26 5.26 5.26 5.26 5.27 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.37500000 5.26 5.25 5.26 5.26 5.26 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.43750000 5.25 5.25 5.25 5.25 5.25 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.50000000 5.24 5.24 5.24 5.24 5.24 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.56250000 5.23 5.23 5.23 5.23 5.24 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.62500000 5.22 5.22 5.22 5.22 5.23 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.68750000 5.21 5.21 5.21 5.21 5.22 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.75000000 5.21 5.21 5.21 5.21 5.21 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.81250000 5.20 5.20 5.20 5.20 5.20 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.87500000 5.19 5.19 5.19 5.19 5.19 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.93750000 5.18 5.18 5.18 5.18 5.19 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 101.00000000 5.17 5.17 5.17 5.17 5.18 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- WAL (YRS) 9.98 9.93 9.92 9.91 9.83 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MOD DUR 7.59 7.56 7.55 7.55 7.50 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- FIRST PRIN PAY 09/10/2015 09/10/2015 09/10/2015 09/10/2015 08/10/2015 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MATURITY 10/10/2015 10/10/2015 10/10/2015 09/10/2015 08/10/2015 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- YIELD SPREAD 99 99 100 100 100 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ASSUMPTIONS TREASURY CURVE AS OF - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) Initial Balance is as of October 2005 1/12 3.913% Prepay Rates are a Constant % of CPR 1/4 3.913% 100% of All Prepayment Premiums are assumed to be collected 1/2 3.913% Prepayment Premiums are allocated to one or more classes 2 3.913% of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.943% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.014% No Extensions on any Mortgage Loan 10 4.247% No Delinquencies on any Mortgage Loan 30 4.554% No Defaults on any Mortgage Loan - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. PRICE/YIELD TABLE - CLASS D - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Security ID: BACM 2005-5 Initial Balance: 37,075,000 Settlement Date: 10/13/2005 Initial Pass-Through Rate: 5.371% Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During YM 0.00% 0.00% 0.00% 0.00% 0.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During Open 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.00000000 5.31 5.31 5.31 5.31 5.31 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.06250000 5.30 5.30 5.30 5.30 5.30 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.12500000 5.29 5.29 5.29 5.29 5.29 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.18750000 5.28 5.28 5.28 5.28 5.28 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.25000000 5.27 5.27 5.27 5.27 5.28 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.31250000 5.26 5.26 5.26 5.26 5.27 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.37500000 5.26 5.26 5.26 5.26 5.26 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.43750000 5.25 5.25 5.25 5.25 5.25 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.50000000 5.24 5.24 5.24 5.24 5.24 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.56250000 5.23 5.23 5.23 5.23 5.24 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.62500000 5.22 5.22 5.22 5.22 5.23 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.68750000 5.21 5.22 5.22 5.22 5.22 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.75000000 5.21 5.21 5.21 5.21 5.21 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.81250000 5.20 5.20 5.20 5.20 5.20 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.87500000 5.19 5.19 5.19 5.19 5.19 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.93750000 5.18 5.18 5.18 5.18 5.19 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 101.00000000 5.17 5.17 5.17 5.17 5.18 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- WAL (YRS) 9.98 9.97 9.96 9.93 9.83 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MOD DUR 7.59 7.58 7.58 7.56 7.50 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- FIRST PRIN PAY 09/10/2015 09/10/2015 09/10/2015 09/10/2015 08/10/2015 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MATURITY 10/10/2015 10/10/2015 10/10/2015 10/10/2015 08/10/2015 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- YIELD SPREAD 99 99 99 100 100 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ASSUMPTIONS TREASURY CURVE AS OF - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) Initial Balance is as of October 2005 1/12 3.9130% Prepay Rates are a Constant % of CPR 1/4 3.9130% 100% of All Prepayment Premiums are assumed to be collected 1/2 3.9130% Prepayment Premiums are allocated to one or more classes 2 3.9130% of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.9430% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.0140% No Extensions on any Mortgage Loan 10 4.2470% No Delinquencies on any Mortgage Loan 30 4.5540% No Defaults on any Mortgage Loan - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. PRICE/YIELD TABLE - CLASS D - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Security ID: BACM 2005-5 Initial Balance: 37,075,000 Settlement Date: 10/13/2005 Initial Pass-Through Rate: 5.371% Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During YM 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During Open 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.00000000 5.31 5.30 5.30 5.31 5.31 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.06250000 5.30 5.30 5.30 5.30 5.30 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.12500000 5.29 5.29 5.29 5.29 5.29 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.18750000 5.28 5.28 5.28 5.28 5.28 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.25000000 5.27 5.27 5.27 5.27 5.28 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.31250000 5.26 5.26 5.26 5.26 5.27 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.37500000 5.26 5.25 5.26 5.26 5.26 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.43750000 5.25 5.25 5.25 5.25 5.25 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.50000000 5.24 5.24 5.24 5.24 5.24 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.56250000 5.23 5.23 5.23 5.23 5.24 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.62500000 5.22 5.22 5.22 5.22 5.23 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.68750000 5.21 5.21 5.21 5.21 5.22 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.75000000 5.21 5.21 5.21 5.21 5.21 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.81250000 5.20 5.20 5.20 5.20 5.20 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.87500000 5.19 5.19 5.19 5.19 5.19 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.93750000 5.18 5.18 5.18 5.18 5.19 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 101.00000000 5.17 5.17 5.17 5.17 5.18 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- WAL (YRS) 9.98 9.93 9.92 9.91 9.83 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MOD DUR 7.59 7.56 7.55 7.55 7.50 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- FIRST PRIN PAY 09/10/2015 09/10/2015 09/10/2015 09/10/2015 08/10/2015 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MATURITY 10/10/2015 10/10/2015 10/10/2015 09/10/2015 08/10/2015 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- YIELD SPREAD 99 99 100 100 100 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ASSUMPTIONS TREASURY CURVE AS OF - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) Initial Balance is as of October 2005 1/12 3.913% Prepay Rates are a Constant % of CPR 1/4 3.913% 100% of All Prepayment Premiums are assumed to be collected 1/2 3.913% Prepayment Premiums are allocated to one or more classes 2 3.913% of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.943% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.014% No Extensions on any Mortgage Loan 10 4.247% No Delinquencies on any Mortgage Loan 30 4.554% No Defaults on any Mortgage Loan - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC PRICE/YIELD TABLE - CLASS A-SB - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Security ID: BACM 2005-5 Initial Balance: 99,807,000 Settlement Date: 10/13/2005 Initial Pass-Through Rate: 4.904% Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During YM 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During Open 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.00000000 4.93 5.01 5.00 4.98 4.93 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.06250000 4.92 5.00 4.99 4.97 4.92 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.12500000 4.91 4.99 4.97 4.95 4.91 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.18750000 4.90 4.97 4.96 4.94 4.89 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.25000000 4.89 4.96 4.95 4.93 4.88 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.31250000 4.88 4.95 4.94 4.92 4.87 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.37500000 4.87 4.94 4.93 4.91 4.86 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.43750000 4.86 4.93 4.92 4.90 4.85 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.50000000 4.85 4.92 4.90 4.88 4.83 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.56250000 4.84 4.90 4.89 4.87 4.82 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.62500000 4.83 4.89 4.88 4.86 4.81 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.68750000 4.82 4.88 4.87 4.85 4.80 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.75000000 4.81 4.87 4.86 4.84 4.79 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.81250000 4.80 4.86 4.85 4.82 4.77 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.87500000 4.79 4.85 4.83 4.81 4.76 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.93750000 4.78 4.83 4.82 4.80 4.75 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 101.00000000 4.77 4.82 4.81 4.79 4.74 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- WAL (YRS) 7.33 6.37 6.29 6.26 6.08 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MOD DUR 6.00 5.35 5.29 5.27 5.14 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- FIRST PRIN PAY 09/10/2010 09/10/2010 09/10/2010 09/10/2010 09/10/2010 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MATURITY 03/10/2015 10/10/2012 06/10/2012 06/10/2012 04/10/2012 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- YIELD SPREAD 73 84 83 81 77 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ASSUMPTIONS TREASURY CURVE AS OF - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) Initial Balance is as of October 2005 1/12 3.913% Prepay Rates are a Constant % of CPR 1/4 3.913% 100% of All Prepayment Premiums are assumed to be collected 1/2 3.913% Prepayment Premiums are allocated to one or more classes 2 3.913% of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.943% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.014% No Extensions on any Mortgage Loan 10 4.247% No Delinquencies on any Mortgage Loan 30 4.554% No Defaults on any Mortgage Loan - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC PRICE/YIELD TABLE - CLASS A-4 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Security ID: BACM 2005-5 Initial Balance: 802,600,000 Settlement Date: 10/13/2005 Initial Pass-Through Rate: 4.981% Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During YM 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During Open 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.00000000 5.02 5.02 5.02 5.02 5.02 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.06250000 5.01 5.01 5.01 5.01 5.01 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.12500000 5.00 5.00 5.00 5.00 5.00 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.18750000 4.99 4.99 4.99 4.99 4.99 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.25000000 4.98 4.99 4.98 4.98 4.98 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.31250000 4.98 4.98 4.98 4.97 4.97 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.37500000 4.97 4.97 4.97 4.97 4.96 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.43750000 4.96 4.96 4.96 4.96 4.96 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.50000000 4.95 4.95 4.95 4.95 4.95 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.56250000 4.94 4.94 4.94 4.94 4.94 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.62500000 4.93 4.94 4.93 4.93 4.93 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.68750000 4.93 4.93 4.93 4.92 4.92 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.75000000 4.92 4.92 4.92 4.92 4.91 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.81250000 4.91 4.91 4.91 4.91 4.90 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.87500000 4.90 4.90 4.90 4.90 4.90 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.93750000 4.89 4.90 4.89 4.89 4.89 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 101.00000000 4.89 4.89 4.88 4.88 4.88 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- WAL (YRS) 9.80 9.62 9.52 9.46 9.25 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MOD DUR 7.59 7.48 7.41 7.37 7.25 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- FIRST PRIN PAY 03/10/2015 10/10/2012 06/10/2012 06/10/2012 04/10/2012 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MATURITY 09/10/2015 09/10/2015 09/10/2015 09/10/2015 06/10/2015 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- YIELD SPREAD 71 72 73 73 74 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ASSUMPTIONS TREASURY CURVE AS OF - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) Initial Balance is as of October 2005 1/12 3.913% Prepay Rates are a Constant % of CPR 1/4 3.913% 100% of All Prepayment Premiums are assumed to be collected 1/2 3.913% Prepayment Premiums are allocated to one or more classes 2 3.913% of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.943% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.014% No Extensions on any Mortgage Loan 10 4.247% No Delinquencies on any Mortgage Loan 30 4.554% No Defaults on any Mortgage Loan - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC PRICE/YIELD TABLE - CLASS A-M - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Security ID: BACM 2005-5 Initial Balance: 197,730,000 Settlement Date: 10/13/2005 Initial Pass-Through Rate: 5.054% Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During YM 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During Open 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.00000000 5.09 5.09 5.09 5.09 5.09 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.06250000 5.08 5.08 5.08 5.08 5.08 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.12500000 5.07 5.07 5.07 5.07 5.07 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.18750000 5.07 5.07 5.07 5.07 5.07 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.25000000 5.06 5.06 5.06 5.06 5.06 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.31250000 5.05 5.05 5.05 5.05 5.05 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.37500000 5.04 5.04 5.04 5.04 5.04 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.43750000 5.03 5.03 5.03 5.03 5.03 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.50000000 5.03 5.03 5.03 5.03 5.02 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.56250000 5.02 5.02 5.02 5.02 5.02 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.62500000 5.01 5.01 5.01 5.01 5.01 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.68750000 5.00 5.00 5.00 5.00 5.00 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.75000000 4.99 4.99 4.99 4.99 4.99 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.81250000 4.99 4.99 4.99 4.99 4.98 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.87500000 4.98 4.98 4.98 4.98 4.98 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.93750000 4.97 4.97 4.97 4.97 4.97 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 101.00000000 4.96 4.96 4.96 4.96 4.96 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- WAL (YRS) 9.91 9.91 9.91 9.91 9.73 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MOD DUR 7.63 7.63 7.63 7.63 7.52 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- FIRST PRIN PAY 09/10/2015 09/10/2015 09/10/2015 09/10/2015 06/10/2015 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MATURITY 09/10/2015 09/10/2015 09/10/2015 09/10/2015 07/10/2015 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- YIELD SPREAD 78 78 78 78 79 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ASSUMPTIONS TREASURY CURVE AS OF - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) Initial Balance is as of October 2005 1/12 3.913% Prepay Rates are a Constant % of CPR 1/4 3.913% 100% of All Prepayment Premiums are assumed to be collected 1/2 3.913% Prepayment Premiums are allocated to one or more classes 2 3.913% of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.943% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.014% No Extensions on any Mortgage Loan 10 4.247% No Delinquencies on any Mortgage Loan 30 4.554% No Defaults on any Mortgage Loan - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. PRICE/YIELD TABLE - CLASS A-J - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Security ID: BACM 2005-5 Initial Balance: 121,109,000 Settlement Date: 10/13/2005 Initial Pass-Through Rate: 5.084% Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During YM 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During Penalty 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- During Open 0.00% 25.00% 50.00% 75.00% 100.00% - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- SCENARIO 1 SCENARIO 2 SCENARIO 3 SCENARIO 4 SCENARIO 5 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.00000000 5.12 5.12 5.12 5.12 5.12 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.06250000 5.11 5.11 5.11 5.11 5.11 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.12500000 5.11 5.11 5.11 5.11 5.10 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.18750000 5.10 5.10 5.10 5.10 5.10 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.25000000 5.09 5.09 5.09 5.09 5.09 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.31250000 5.08 5.08 5.08 5.08 5.08 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.37500000 5.07 5.07 5.07 5.07 5.07 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.43750000 5.06 5.06 5.06 5.06 5.06 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.50000000 5.06 5.06 5.06 5.06 5.05 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.56250000 5.05 5.05 5.05 5.05 5.05 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.62500000 5.04 5.04 5.04 5.04 5.04 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.68750000 5.03 5.03 5.03 5.03 5.03 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.75000000 5.02 5.02 5.02 5.02 5.02 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.81250000 5.02 5.02 5.02 5.02 5.01 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.87500000 5.01 5.01 5.01 5.01 5.01 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100.93750000 5.00 5.00 5.00 5.00 5.00 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 101.00000000 4.99 4.99 4.99 4.99 4.99 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- WAL (YRS) 9.91 9.91 9.91 9.91 9.75 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MOD DUR 7.62 7.62 7.62 7.62 7.52 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- FIRST PRIN PAY 09/10/2015 09/10/2015 09/10/2015 09/10/2015 07/10/2015 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MATURITY 09/10/2015 09/10/2015 09/10/2015 09/10/2015 08/10/2015 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- YIELD SPREAD 81 81 81 81 82 - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ASSUMPTIONS TREASURY CURVE AS OF - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) Initial Balance is as of October 2005 1/12 3.913% Prepay Rates are a Constant % of CPR 1/4 3.913% 100% of All Prepayment Premiums are assumed to be collected 1/2 3.913% Prepayment Premiums are allocated to one or more classes 2 3.913% of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.943% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.014% No Extensions on any Mortgage Loan 10 4.247% No Delinquencies on any Mortgage Loan 30 4.554% No Defaults on any Mortgage Loan - --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. PRICE/YIELD TABLE - CLASS A-3B - -------------------------------------------------------------------------------------------------------- Security ID: BACM 2005-5 Initial Balance: 50,000,000 Settlement Date: 10/13/2005 Initial Pass-Through Rate: 5.402% Accrual Start Date: 10/01/2005 First Pay Date: 11/10/2005 - -------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------- PREPAYMENT (CPR) SCENARIO 1 SCENARIO 2 SCENARIO 3 - -------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------- During YM 0.00% 0.00% 0.00% - -------------------------------------------------------------------------------------------------------- During Penalty 0.00% 0.00% 0.00% - -------------------------------------------------------------------------------------------------------- During Open 0.00% 0.00% 0.00% - -------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------- DEFAULTS SCENARIO 1 SCENARIO 2 SCENARIO 3 - -------------------------------------------------------------------------------------------------------- CDR on One Renaissance 0.00% 100.00% 100.00% - -------------------------------------------------------------------------------------------------------- CDR on all other loans 0.00% 0.00% 0.00% - -------------------------------------------------------------------------------------------------------- Default Starting month 0 24 24 - -------------------------------------------------------------------------------------------------------- Recovery Delay (mths) 0 12 12 - -------------------------------------------------------------------------------------------------------- Loss Severity 0.00% 50.00% 40.00% - -------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------- SCENARIO 1 SCENARIO 2 SCENARIO 3 - -------------------------------------------------------------------------------------------------------- 101.44894000 5.07 5.14 5.13 - -------------------------------------------------------------------------------------------------------- 101.51144000 5.06 5.13 5.12 - -------------------------------------------------------------------------------------------------------- 101.57394000 5.05 5.12 5.11 - -------------------------------------------------------------------------------------------------------- 101.63644000 5.04 5.11 5.10 - -------------------------------------------------------------------------------------------------------- 101.69894000 5.03 5.11 5.10 - -------------------------------------------------------------------------------------------------------- 101.76144000 5.02 5.10 5.09 - -------------------------------------------------------------------------------------------------------- 101.82394000 5.01 5.09 5.08 - -------------------------------------------------------------------------------------------------------- 101.88644000 4.99 5.08 5.07 - -------------------------------------------------------------------------------------------------------- 101.94894000 4.98 5.07 5.06 - -------------------------------------------------------------------------------------------------------- 102.01144000 4.97 5.06 5.05 - -------------------------------------------------------------------------------------------------------- 102.07394000 4.96 5.06 5.04 - -------------------------------------------------------------------------------------------------------- 102.13644000 4.95 5.05 5.03 - -------------------------------------------------------------------------------------------------------- 102.19894000 4.94 5.04 5.03 - -------------------------------------------------------------------------------------------------------- 102.26144000 4.93 5.03 5.02 - -------------------------------------------------------------------------------------------------------- 102.32394000 4.92 5.02 5.01 - -------------------------------------------------------------------------------------------------------- 102.38644000 4.91 5.01 5.00 - -------------------------------------------------------------------------------------------------------- 102.44894000 4.89 5.01 4.99 - -------------------------------------------------------------------------------------------------------- WAL (YRS) 6.70 9.52 9.00 - -------------------------------------------------------------------------------------------------------- MOD DUR 5.53 7.33 7.00 - -------------------------------------------------------------------------------------------------------- FIRST PRIN PAY 06/10/2012 03/10/2015 07/10/2012 - -------------------------------------------------------------------------------------------------------- MATURITY 07/10/2012 07/10/2015 07/10/2015 - -------------------------------------------------------------------------------------------------------- YIELD SPREAD 83 83 84 - -------------------------------------------------------------------------------------------------------- CALC SWAP SPREAD 38 38 39 - -------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- ASSUMPTIONS TREASURY CURVE AS OF - ----------------------------------------------------------------------------------- ------------------------- 1% Cleanup Call is Not Exercised TERM (YRS) YIELD (BEY%) - -------------------------------- ------------------------- Initial Balance is as of October 2005 1/12 4.082% Prepay Rates are a Constant % of CPR 1/4 4.082% 100% of All Prepayment Premiums are assumed to be collected 1/2 4.082% Prepayment Premiums are allocated to one or more classes 2 4.082% of the offered certificates as described under "Description of the Certificates-Distributions- 3 4.076% Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.101% No Delinquencies on any Mortgage Loan 10 4.255% No Extensions on any Mortgage Loan 30 4.500% - --------------------------------------------------------------------------------------------------------------------------------- RATING AGENCIES DO NOT ADDRESS THE LIKELIHOOD OF RECEIPT OF PREPAYMENT PENALTIES - -------------------------------------------------------------------------------- This material is for your private information and Banc of America Securities LLC (the "Underwriter") is not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that the Underwriter considers reliable, but the Underwriter does not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may pertain to securities that ultimately are not sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected herein. The Underwriter makes no representation regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. The Underwriter and its affiliates, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy and sell, the securities mentioned therein or derivatives thereof (including options). This material may be filed with the Securities and Exchange Commission (the SEC) and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including all cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing in this material only. Information in this material regarding any assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded in its entirety by the information contained in any final prospectus and prospectus supplement for any securities actually sold to you, which you should read before making any investment decision. This material is furnished solely by the Underwriter and not by the issuer of the securities. The issuer of the securities has not prepared, reviewed or participated in the preparation of this material, is not responsible for the accuracy of this material and has not authorized the dissemination of this material. The Underwriter is acting as Underwriter and not acting as agent for the issuer in connection with the proposed transaction. BANC OF AMERICA SECURITIES LLC