Exhibit 20.1
CNH Equipment Trust 2002-A
$162,400,000 Class A-1 2.0825% Asset Backed Notes due April 15, 2003
$235,456,000 Class A-2 3.1300% Asset Backed Notes due September 15, 2004
$356,019,000 Class A-3 Floating-Rate Asset Backed Notes due July 17, 2006
$183,625,000 Class A-4 Floating-Rate Asset Backed Notes due August 15, 2008
$30,000,000 Class B Floating-Rate Asset Backed Notes due August 15, 2008
$32,500,000 Class C Floating-Rate Asset Backed Notes due March 15, 2010
Please contact Kim Jeske at (262) 636-6644 with any questions regarding this report or email abs@cnh.com. For additional information consult http://investors.cnh.com.
|
| 502030 |
| 502031 |
| 502033 |
| 502051 |
| 5502030 |
| 5502031 |
| 5502033 |
| 5502051 |
| 502034 |
|
Cutoff Date |
| 9/30/2004 |
| ||||||||||||||||
Date Added |
| 2/28/2002 |
| 2/28/2002 |
| 2/28/2002 |
| 2/28/2002 |
| 2/28/2002 |
| 2/28/2002 |
| 2/28/2002 |
| 2/28/2002 |
| 3/31/2002 |
|
Pool |
| Pool 1 |
| Pool 2 |
| Pool 3 |
| Pool 4 |
| Pool 5 |
| Pool 6 |
| Pool 7 |
| Pool 8 |
| Pool 9 |
|
Scheduled Cashflows |
| 140,110.16 |
| 705,300.31 |
| 8,065.66 |
| 130,121.80 |
| 339,965.35 |
| 1,016,851.74 |
| 19,900.06 |
| 41,351.85 |
| 232,234.49 |
|
|
| 296,122.72 |
| 2,606,337.85 |
| 95,273.49 |
| 670,754.26 |
| 355,556.33 |
| 2,378,740.47 |
| 70,333.63 |
| 870,649.00 |
| 373,758.88 |
|
|
| 517,803.79 |
| 7,171,596.38 |
| 112,550.44 |
| 904,614.97 |
| 464,802.23 |
| 4,978,041.06 |
| 74,991.24 |
| 3,433,074.94 |
| 431,870.01 |
|
|
| 763,593.29 |
| 9,034,429.09 |
| 131,657.52 |
| 828,973.46 |
| 429,153.37 |
| 3,778,488.06 |
| 95,330.38 |
| 896,376.45 |
| 689,052.79 |
|
|
| 1,540,801.17 |
| 6,683,324.38 |
| 167,085.27 |
| 234,081.81 |
| 1,423,325.66 |
| 2,702,494.58 |
| 228,673.25 |
| 288,109.16 |
| 596,343.77 |
|
|
| 4,127,298.20 |
| 1,346,054.15 |
| 214,552.55 |
| 29,345.86 |
| 2,153,844.21 |
| 1,145,734.12 |
| 203,427.99 |
| 4,066.24 |
| 2,300,755.74 |
|
|
| 555,450.70 |
| 1,236,043.15 |
| 20,610.81 |
| 18,005.39 |
| 350,304.52 |
| 1,161,606.55 |
| 4,979.80 |
| 3,365.46 |
| 4,640,653.50 |
|
|
| 323,803.10 |
| 1,191,807.28 |
| 14,578.62 |
| 15,434.99 |
| 363,543.80 |
| 1,206,915.73 |
| 6,125.28 |
| 3,025.51 |
| 532,716.40 |
|
|
| 327,642.17 |
| 1,191,618.02 |
| 14,578.62 |
| 15,434.99 |
| 317,104.18 |
| 1,277,487.82 |
| 1,102.23 |
| 4,666.83 |
| 331,162.26 |
|
|
| 236,186.41 |
| 1,168,797.13 |
| 14,578.62 |
| 26,144.27 |
| 313,569.51 |
| 1,308,559.84 |
| 2,630.40 |
| 14,241.28 |
| 341,912.13 |
|
|
| 315,879.69 |
| 1,345,728.15 |
| 14,578.62 |
| 15,434.99 |
| 367,587.07 |
| 1,371,882.91 |
| 5,116.13 |
| 4,666.83 |
| 294,531.66 |
|
|
| 339,957.29 |
| 1,094,412.70 |
| 14,578.62 |
| 15,434.99 |
| 404,385.02 |
| 1,207,419.99 |
| 2,630.40 |
| 4,666.83 |
| 376,448.07 |
|
|
| 279,643.78 |
| 1,180,216.61 |
| 14,578.62 |
| 15,434.99 |
| 325,417.97 |
| 1,205,541.53 |
| 2,630.40 |
| 4,666.83 |
| 558,505.30 |
|
|
| 268,983.31 |
| 2,079,217.10 |
| 24,597.37 |
| 15,434.99 |
| 335,825.21 |
| 1,967,790.60 |
| 5,116.13 |
| 4,666.83 |
| 334,990.69 |
|
|
| 410,144.38 |
| 5,395,832.12 |
| 14,578.62 |
| 36,576.18 |
| 394,223.17 |
| 4,227,441.13 |
| 2,630.40 |
| 10,249.30 |
| 326,473.17 |
|
|
| 592,796.39 |
| 6,814,473.90 |
| 14,578.62 |
| 41,587.09 |
| 345,321.32 |
| 2,933,622.81 |
| 11,124.73 |
| 126,070.08 |
| 524,628.72 |
|
|
| 1,229,428.06 |
| 4,798,081.40 |
| 14,578.52 |
| 6,649.83 |
| 1,154,656.38 |
| 2,013,848.98 |
| 31,461.26 |
| 44,231.37 |
| 452,049.48 |
|
|
| 2,859,393.79 |
| 839,389.83 |
| 28,314.89 |
| 6,649.83 |
| 1,728,882.69 |
| 772,197.04 |
| 10,558.73 |
| 249.90 |
| 1,618,867.39 |
|
|
| 344,887.28 |
| 785,242.71 |
| 10,208.28 |
| 6,649.83 |
| 242,627.19 |
| 772,050.39 |
| 1,102.23 |
| 249.90 |
| 3,529,508.77 |
|
|
| 221,187.47 |
| 743,465.60 |
| 10,208.28 |
| 6,649.83 |
| 240,221.11 |
| 804,300.38 |
| 3,587.96 |
| 103.97 |
| 368,296.87 |
|
|
| 218,592.68 |
| 697,344.36 |
| 10,208.28 |
| 6,649.83 |
| 216,181.49 |
| 860,469.77 |
| 1,102.23 |
| 1,641.32 |
| 196,863.72 |
|
|
| 135,361.24 |
| 643,411.24 |
| 10,208.28 |
| 17,359.11 |
| 210,217.11 |
| 874,071.41 |
| 2,630.40 |
| 11,215.77 |
| 184,606.44 |
|
|
| 203,262.16 |
| 796,142.73 |
| 10,208.28 |
| 6,649.83 |
| 249,672.04 |
| 869,411.75 |
| 5,116.13 |
| 1,641.32 |
| 158,199.70 |
|
|
| 207,981.60 |
| 599,728.01 |
| 10,208.28 |
| 6,649.83 |
| 272,830.33 |
| 773,129.36 |
| 2,630.40 |
| 1,641.32 |
| 242,626.09 |
|
|
| 179,480.04 |
| 634,511.61 |
| 10,208.28 |
| 6,649.83 |
| 218,295.03 |
| 785,357.53 |
| 2,630.40 |
| 1,641.32 |
| 352,808.26 |
|
|
| 162,950.93 |
| 1,399,028.19 |
| 10,208.28 |
| 6,649.53 |
| 220,035.02 |
| 1,399,523.39 |
| 5,116.13 |
| 1,641.31 |
| 181,598.65 |
|
|
| 300,780.16 |
| 4,323,097.60 |
| 10,208.28 |
| 26,717.35 |
| 258,015.17 |
| 3,284,473.51 |
| 2,630.30 |
| 7,223.60 |
| 148,683.02 |
|
|
| 374,566.78 |
| 4,769,568.84 |
| 10,208.28 |
| 32,810.88 |
| 223,442.95 |
| 1,884,415.25 |
| 11,124.73 |
| 125,820.09 |
| 339,014.31 |
|
|
| 900,530.34 |
| 3,098,353.86 |
| 10,208.28 |
| 4,829.12 |
| 865,752.00 |
| 1,032,318.38 |
| 31,460.77 |
| 43,981.47 |
| 283,199.13 |
|
|
| 2,095,900.78 |
| 155,656.86 |
| 50,809.64 |
| 0.00 |
| 1,235,938.91 |
| 84,757.99 |
| 9,456.50 |
| 0.00 |
| 1,249,582.96 |
|
|
| 139,118.47 |
| 74,088.11 |
| 944.75 |
| 0.00 |
| 66,087.85 |
| 73,096.95 |
| 0.00 |
| 0.00 |
| 2,625,092.39 |
|
|
| 8,074.57 |
| 33,431.89 |
| 944.75 |
| 0.00 |
| 37,675.86 |
| 69,650.14 |
| 0.00 |
| 0.00 |
| 160,201.11 |
|
|
| 1,078.22 |
| 82,409.68 |
| 0.00 |
| 0.00 |
| 18,458.50 |
| 47,845.02 |
| 0.00 |
| 0.00 |
| 10,272.35 |
|
|
| 1,078.22 |
| 10,467.55 |
| 0.00 |
| 0.00 |
| 14,999.95 |
| 72,481.99 |
| 0.00 |
| 0.00 |
| 20,771.80 |
|
|
| 18,909.83 |
| 14,172.96 |
| 0.00 |
| 0.00 |
| 14,999.95 |
| 58,162.67 |
| 0.00 |
| 0.00 |
| 7,564.37 |
|
|
| 18,169.78 |
| 4,466.59 |
| 0.00 |
| 0.00 |
| 14,847.77 |
| 54,210.25 |
| 0.00 |
| 0.00 |
| 2,973.45 |
|
|
| 1,078.22 |
| 4,311.74 |
| 0.00 |
| 0.00 |
| 14,720.21 |
| 52,504.24 |
| 0.00 |
| 0.00 |
| 21,860.72 |
|
|
| 6,705.33 |
| 43,484.14 |
| 0.00 |
| 0.00 |
| 14,720.21 |
| 84,721.48 |
| 0.00 |
| 0.00 |
| 21,859.12 |
|
|
| 1,078.22 |
| 132,254.76 |
| 0.00 |
| 0.00 |
| 33,554.78 |
| 212,155.79 |
| 0.00 |
| 0.00 |
| 2,973.45 |
|
|
| 48,437.68 |
| 130,219.00 |
| 0.00 |
| 0.00 |
| 14,496.82 |
| 123,449.81 |
| 0.00 |
| 0.00 |
| 23,512.43 |
|
|
| 35,860.54 |
| 116,051.90 |
| 0.00 |
| 0.00 |
| 53,757.41 |
| 80,512.01 |
| 0.00 |
| 0.00 |
| 2,973.45 |
|
|
| 46,569.21 |
| 370.79 |
| 0.00 |
| 0.00 |
| 67,131.89 |
| 1,325.25 |
| 0.00 |
| 0.00 |
| 2,973.45 |
|
|
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 60,314.75 |
|
|
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 6,353.93 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 369.62 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Amount of Scheduled Cashflow |
| 20,796,678.15 |
| 75,182,146.98 |
| 1,098,905.70 |
| 3,154,379.66 |
| 16,386,147.54 |
| 51,009,059.67 |
| 857,350.62 |
| 5,955,196.08 |
| 25,155,285.21 |
|
Discount Rate |
| 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % |
Beginning Contract Value |
| 19,671,094.91 |
| 72,076,948.55 |
| 1,170,400.33 |
| 3,979,632.17 |
| 15,632,013.41 |
| 49,524,165.86 |
| 901,384.22 |
| 6,097,784.30 |
| 24,064,694.79 |
|
Scheduled Contract Value Decline |
| 349,674.61 |
| 1,568,250.71 |
| 95,206.11 |
| 766,522.03 |
| 646,508.55 |
| 2,150,592.41 |
| 80,374.09 |
| 210,417.12 |
| 702,747.08 |
|
Unscheduled Contract Value Decline |
| 52,295.25 |
| 336,841.87 |
| 24,467.20 |
| 122,885.33 |
| (180,788.84 | ) | (180,520.54 | ) | (5,813.05 | ) | 41,189.85 |
| 155,379.64 |
|
Additional Contract Value Added |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
Ending Contract Value |
| 19,269,125.05 |
| 70,171,855.97 |
| 1,050,727.02 |
| 3,090,224.80 |
| 15,166,293.70 |
| 47,554,093.99 |
| 826,823.19 |
| 5,846,177.33 |
| 23,206,568.06 |
|
|
| 502035 |
| 5502034 |
| 5502035 |
| 502036 |
| 502037 |
| 502038 |
| 5502036 |
| 5502037 |
|
Cutoff Date |
| 9/30/2004 |
| ||||||||||||||
Date Added |
| 3/31/2002 |
| 3/31/2002 |
| 3/31/2002 |
| 4/30/2002 |
| 4/30/2002 |
| 4/30/2002 |
| 4/30/2002 |
| 4/30/2002 |
|
Pool |
| Pool 10 |
| Pool 11 |
| Pool 12 |
| Pool 13 |
| Pool 14 |
| Pool 15 |
| Pool 16 |
| Pool 17 |
|
Scheduled Cashflows |
| 16,173.72 |
| 339,108.94 |
| 24,281.44 |
| 394,572.42 |
| 35,698.54 |
| 121,276.27 |
| 407,522.37 |
| 52,509.62 |
|
|
| 119,318.68 |
| 462,939.70 |
| 130,401.34 |
| 622,670.19 |
| 175,688.87 |
| 0.00 |
| 701,016.24 |
| 208,124.59 |
|
|
| 141,946.63 |
| 538,104.19 |
| 157,819.09 |
| 746,199.30 |
| 214,334.91 |
| 0.00 |
| 678,124.10 |
| 231,783.73 |
|
|
| 153,942.27 |
| 614,654.80 |
| 159,167.05 |
| 966,227.60 |
| 225,638.41 |
| 0.00 |
| 783,386.82 |
| 228,182.19 |
|
|
| 141,264.58 |
| 536,624.04 |
| 165,233.00 |
| 710,005.52 |
| 224,349.17 |
| 0.00 |
| 682,072.62 |
| 225,330.53 |
|
|
| 204,268.79 |
| 1,984,593.50 |
| 354,012.39 |
| 763,684.54 |
| 235,849.73 |
| 0.00 |
| 634,460.79 |
| 229,400.51 |
|
|
| 204,633.29 |
| 1,994,558.32 |
| 239,936.24 |
| 3,897,687.00 |
| 465,042.54 |
| 0.00 |
| 2,365,666.36 |
| 447,184.70 |
|
|
| 33,682.54 |
| 427,480.76 |
| 5,405.42 |
| 5,641,712.25 |
| 309,441.29 |
| 0.00 |
| 2,303,424.50 |
| 233,669.33 |
|
|
| 17,929.58 |
| 450,163.22 |
| 1,262.44 |
| 539,932.21 |
| 30,766.68 |
| 0.00 |
| 566,381.58 |
| 6,240.87 |
|
|
| 17,929.58 |
| 440,295.36 |
| 1,262.44 |
| 492,125.12 |
| 23,221.74 |
| 0.00 |
| 587,292.97 |
| 7,103.06 |
|
|
| 19,368.69 |
| 436,524.61 |
| 1,262.44 |
| 479,351.82 |
| 23,079.70 |
| 0.00 |
| 584,708.16 |
| 7,103.06 |
|
|
| 19,368.69 |
| 476,189.47 |
| 6,789.69 |
| 501,408.78 |
| 20,490.18 |
| 0.00 |
| 549,402.66 |
| 7,103.06 |
|
|
| 19,368.69 |
| 589,010.06 |
| 1,262.44 |
| 636,204.97 |
| 12,407.22 |
| 0.00 |
| 666,204.92 |
| 12,001.33 |
|
|
| 27,730.79 |
| 455,690.01 |
| 1,262.44 |
| 603,747.96 |
| 14,996.58 |
| 0.00 |
| 672,660.47 |
| 7,103.06 |
|
|
| 19,368.69 |
| 457,970.24 |
| 1,262.44 |
| 599,044.94 |
| 12,407.22 |
| 0.00 |
| 589,612.67 |
| 7,103.06 |
|
|
| 30,635.84 |
| 501,335.63 |
| 1,262.44 |
| 704,499.22 |
| 12,407.22 |
| 0.00 |
| 678,100.39 |
| 5,328.37 |
|
|
| 17,929.58 |
| 465,042.91 |
| 1,262.44 |
| 564,648.00 |
| 14,996.58 |
| 0.00 |
| 557,045.83 |
| 5,328.37 |
|
|
| 17,929.58 |
| 1,633,084.58 |
| 12,399.39 |
| 602,944.60 |
| 32,407.22 |
| 0.00 |
| 523,043.13 |
| 5,328.37 |
|
|
| 51,077.13 |
| 1,470,347.44 |
| 28,912.77 |
| 2,785,244.81 |
| 32,638.81 |
| 0.00 |
| 1,993,355.57 |
| 72,101.27 |
|
|
| 16,931.48 |
| 341,434.54 |
| 165.03 |
| 3,917,285.46 |
| 52,171.67 |
| 0.00 |
| 1,860,879.07 |
| 37,984.50 |
|
|
| 16,931.48 |
| 346,294.29 |
| 165.03 |
| 329,062.94 |
| 8,645.81 |
| 0.00 |
| 402,787.24 |
| 1,570.38 |
|
|
| 16,931.48 |
| 334,165.90 |
| 165.03 |
| 321,001.74 |
| 8,645.81 |
| 0.00 |
| 428,105.53 |
| 3,345.07 |
|
|
| 18,370.59 |
| 330,054.86 |
| 165.03 |
| 272,750.91 |
| 8,645.81 |
| 0.00 |
| 419,976.36 |
| 3,345.07 |
|
|
| 18,370.59 |
| 360,204.11 |
| 5,692.28 |
| 312,981.36 |
| 8,645.81 |
| 0.00 |
| 386,401.84 |
| 3,345.07 |
|
|
| 18,370.59 |
| 455,567.54 |
| 165.03 |
| 408,385.67 |
| 8,645.81 |
| 0.00 |
| 487,234.96 |
| 8,243.34 |
|
|
| 26,732.69 |
| 332,871.54 |
| 165.03 |
| 363,974.90 |
| 8,645.81 |
| 0.00 |
| 475,874.29 |
| 3,345.07 |
|
|
| 18,370.59 |
| 343,728.99 |
| 165.03 |
| 412,825.72 |
| 8,645.81 |
| 0.00 |
| 438,584.74 |
| 3,344.87 |
|
|
| 29,637.86 |
| 382,334.38 |
| 165.03 |
| 425,868.27 |
| 8,645.81 |
| 0.00 |
| 496,513.58 |
| 1,570.38 |
|
|
| 16,229.78 |
| 334,488.47 |
| 165.03 |
| 360,518.69 |
| 8,645.81 |
| 0.00 |
| 405,673.80 |
| 1,570.38 |
|
|
| 15,885.22 |
| 1,390,826.10 |
| 11,302.28 |
| 380,165.35 |
| 28,645.81 |
| 0.00 |
| 363,641.67 |
| 1,570.38 |
|
|
| 43,008.99 |
| 1,055,380.56 |
| 14,120.00 |
| 2,105,365.17 |
| 19,205.45 |
| 0.00 |
| 1,456,378.67 |
| 43,216.78 |
|
|
| 1,306.27 |
| 44,763.33 |
| 0.00 |
| 2,780,378.79 |
| 33,537.56 |
| 0.00 |
| 1,236,073.05 |
| 26,907.87 |
|
|
| 1,306.07 |
| 29,589.56 |
| 0.00 |
| 150,517.23 |
| 1,409.99 |
| 0.00 |
| 43,017.36 |
| 0.00 |
|
|
| 0.00 |
| 37,352.19 |
| 0.00 |
| 79,027.29 |
| 1,409.99 |
| 0.00 |
| 53,166.50 |
| 0.00 |
|
|
| 0.00 |
| 27,918.05 |
| 0.00 |
| 1,204.44 |
| 1,409.99 |
| 0.00 |
| 56,049.97 |
| 0.00 |
|
|
| 0.00 |
| 27,399.92 |
| 0.00 |
| 33,542.29 |
| 1,409.99 |
| 0.00 |
| 36,859.67 |
| 0.00 |
|
|
| 0.00 |
| 75,683.89 |
| 0.00 |
| 88,832.69 |
| 1,409.99 |
| 0.00 |
| 42,130.79 |
| 0.00 |
|
|
| 0.00 |
| 27,234.30 |
| 0.00 |
| 0.00 |
| 1,409.99 |
| 0.00 |
| 41,652.25 |
| 0.00 |
|
|
| 0.00 |
| 27,234.30 |
| 0.00 |
| 91,062.52 |
| 1,409.99 |
| 0.00 |
| 50,836.03 |
| 0.00 |
|
|
| 0.00 |
| 34,228.85 |
| 0.00 |
| 19,668.70 |
| 1,409.99 |
| 0.00 |
| 63,943.27 |
| 0.00 |
|
|
| 0.00 |
| 26,918.24 |
| 0.00 |
| 0.00 |
| 1,409.99 |
| 0.00 |
| 33,933.57 |
| 0.00 |
|
|
| 0.00 |
| 65,353.90 |
| 0.00 |
| 0.00 |
| 1,409.99 |
| 0.00 |
| 33,610.11 |
| 0.00 |
|
|
| 0.00 |
| 80,848.85 |
| 0.00 |
| 40,266.47 |
| 1,409.99 |
| 0.00 |
| 145,206.34 |
| 0.00 |
|
|
| 0.00 |
| 544.96 |
| 0.00 |
| 31,019.12 |
| 1,410.21 |
| 0.00 |
| 92,295.37 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 267.96 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 2,010.08 |
| 0.00 |
| 0.00 |
| 654.20 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Amount of Scheduled Cashflow |
| 1,532,251.02 |
| 20,786,139.40 |
| 1,327,057.17 |
| 35,179,627.05 |
| 2,344,155.49 |
| 121,276.27 |
| 26,075,230.34 |
| 2,137,388.24 |
|
Discount Rate |
| 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % |
Beginning Contract Value |
| 1,603,297.94 |
| 19,906,654.86 |
| 1,478,653.93 |
| 33,274,593.82 |
| 2,484,652.90 |
| 125,898.38 |
| 24,979,984.96 |
| 2,302,491.45 |
|
Scheduled Contract Value Decline |
| 127,908.31 |
| 788,345.13 |
| 169,843.94 |
| 873,264.10 |
| 200,034.47 |
| 125,898.38 |
| 1,019,962.05 |
| 259,937.70 |
|
Unscheduled Contract Value Decline |
| 17,961.30 |
| (23,522.20 | ) | 18,234.51 |
| 21,373.04 |
| 33,458.81 |
| (121,276.27 | ) | 1,969.96 |
| (21,812.37 | ) |
Additional Contract Value Added |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
Ending Contract Value |
| 1,457,428.32 |
| 19,141,831.92 |
| 1,290,575.48 |
| 32,379,956.68 |
| 2,251,159.62 |
| 121,276.27 |
| 23,958,052.95 |
| 2,064,366.11 |
|
1
CNH Equipment Trust 2002-A
$162,400,000 Class A-1 2.0825% Asset Backed Notes due April 15, 2003
$235,456,000 Class A-2 3.1300% Asset Backed Notes due September 15, 2004
$356,019,000 Class A-3 Floating-Rate Asset Backed Notes due July 17, 2006
$183,625,000 Class A-4 Floating-Rate Asset Backed Notes due August 15, 2008
$30,000,000 Class B Floating-Rate Asset Backed Notes due August 15, 2008
$32,500,000 Class C Floating-Rate Asset Backed Notes due March 15, 2010
Settlement Date |
|
|
|
|
| ||
Scheduled Payment Date |
| 10/15/2004 |
|
|
| ||
Actual Payment Date |
| 10/15/2004 |
|
|
| ||
Collection Period Begin Date |
| 9/1/2004 |
|
|
| ||
Collection Period End Date |
| 9/30/2004 |
|
|
| ||
Days in accrual period (30/360) |
| 30 |
|
|
| ||
Days in accrual period (act/360) |
| 30 |
|
|
| ||
1 month LIBOR Rate |
| 1.7600 | % |
|
| ||
|
|
|
|
|
| ||
Collateral Summary |
|
|
|
|
| ||
Wtd. Average Discount Rate |
| 6.750 | % |
|
| ||
Beginning Contract Value |
| 279,274,346.78 |
|
|
| ||
Scheduled Contract Value Decline |
| 10,135,486.81 |
|
|
| ||
Unscheduled Contract Value Decline |
| 292,323.51 |
|
|
| ||
Additional Contract Value Purchased |
| 0.00 |
|
|
| ||
Ending Contract Value |
| 268,846,536.46 |
|
|
| ||
|
|
|
|
|
| ||
Beginning Pre-funding Account Balance |
| 0.00 |
|
|
| ||
Ending Pre-funding Account Balance |
| 0.00 |
|
|
| ||
|
|
|
|
|
| ||
Total Beginning Balance (Pool Balance + Pre-funding Account Balance) |
| 279,274,346.78 |
|
|
| ||
Total Ending Balance (Pool Balance + Pre-funding Account Balance) |
| 268,846,536.46 |
|
|
| ||
Total Original Contract Value (including Additional Contracts) |
| 999,794,417.00 |
|
|
| ||
|
|
|
|
|
| ||
Collateral Performance |
|
|
|
|
| ||
Scheduled Amounts 30 - 59 days past due |
| $ | 311,233.22 |
| 0.12 | % | |
Scheduled Amounts 60 days or more past due |
| $ | 1,432,491.84 |
| 0.53 | % | |
Net Losses on Liquidated Receivables |
| $ | 140,510.90 |
| 0.05 | % | |
Cumulative Net Losses |
| $ | 4,158,806.26 |
|
|
| |
Number of Loans at Beginning of Period |
| 23,097 |
|
|
| ||
Number of Loans at End of Period |
| 22,686 |
|
|
| ||
Repossessed Equipment not Sold or Reassigned (Beginning) |
| $ | 619,807.60 |
|
|
| |
Repossessed Equipment not Sold or Reassigned (End) |
| $ | 583,574.53 |
|
|
| |
|
|
|
|
|
| ||
Collections and Reinvestment Income |
|
|
|
|
| ||
Receipts During the period |
| $ | 11,969,437.92 |
|
|
| |
|
|
|
|
|
| ||
Warranty Repurchases |
|
|
|
|
| ||
Contracts deferred beyond Final Scheduled Maturity Date |
| $ | 0.00 |
|
|
| |
Government obligors |
| $ | 0.00 |
|
|
| |
Total Warranty Repurchases |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Total Collections For The Period |
| $ | 11,969,437.92 |
|
|
| |
|
|
|
|
|
| ||
Reinvestment Income (excluding Pre-funding Account) |
| $ | 56,502.34 |
|
|
| |
Reinvestment Income on Pre-funding Account) |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Net Swap Receipts |
| 0.00 |
|
|
| ||
Net Swap Termination Payments due Trust from the Swap CounterParty |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Total Collections + Reinvestment Income For The Period - Swap Receipt |
| $ | 12,025,940.26 |
|
|
| |
|
|
|
|
|
| ||
Swap Termination Payments due to Swap CounterParty |
| $ | 0.00 |
|
|
| |
Prior Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
| |
Total Swap Termination Payment due to Swap CounterParty |
| $ | 0.00 |
|
|
| |
2
CNH Equipment Trust 2002-A
$162,400,000 Class A-1 2.0825% Asset Backed Notes due April 15, 2003
$235,456,000 Class A-2 3.1300% Asset Backed Notes due September 15, 2004
$356,019,000 Class A-3 Floating-Rate Asset Backed Notes due July 17, 2006
$183,625,000 Class A-4 Floating-Rate Asset Backed Notes due August 15, 2008
$30,000,000 Class B Floating-Rate Asset Backed Notes due August 15, 2008
$32,500,000 Class C Floating-Rate Asset Backed Notes due March 15, 2010
Actual Payment Date |
|
|
|
|
|
|
| 10/15/2004 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Calculation of Distributable Amounts |
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Current Servicing Fee Due |
|
|
|
|
| 1.000 | % | $ | 232,728.62 |
|
|
| |
Past Due Servicing Fee |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
Total Servicing Fee Due |
|
|
|
|
|
|
| $ | 232,728.62 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Current Administration Fee Due |
|
|
|
|
| $ | 500.00 |
| $ | 166.67 |
|
|
|
Past Due Administration Fee |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
Total Administration Fee Due |
|
|
|
|
|
|
| $ | 166.67 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Total Principal Balance of Notes and Certificates (Beginning of Period) |
|
|
|
|
|
|
| $ | 279,274,346.78 |
|
|
| |
A-1 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-3 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 77,271,116.38 |
|
|
| |
A-4 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 183,625,000.00 |
|
|
| |
B notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 8,378,230.40 |
|
|
| |
C notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 10,000,000.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
A-1 notes Current Interest Due |
| 2.0825 | % | act/360 |
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Current Interest Due |
| 3.1300 | % | 30/360 |
|
|
| $ | 0.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-3 Current Interest Due |
|
|
|
|
|
|
|
|
|
|
| ||
1 Month LIBOR Rate |
|
|
|
|
|
|
| 1.76000 | % |
|
| ||
Spread for Note |
|
|
|
|
|
|
| 0.25000 | % |
|
| ||
Floating Rate Yield |
|
|
|
|
|
|
| 2.01000 | % | ACT/360 |
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-3 Current Interest Due |
|
|
|
|
|
|
| $ | 129,429.12 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-3 Swap float Rate receipt due |
|
|
|
|
|
|
| $ | 113,330.97 |
|
|
| |
Class A-3 Swap fixed Rate payment due |
| 4.2130 | % | 30/360 |
|
|
| $ | 271,286.01 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-3 Net Swap receipt |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class A-3 Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Interest on Class A-3 Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class A-3 Net Swap payment |
|
|
|
|
|
|
| 157,955.04 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-4 Current Interest Due |
|
|
|
|
|
|
|
|
|
|
| ||
1 Month LIBOR Rate |
|
|
|
|
|
|
| 1.76000 | % |
|
| ||
Spread for Note |
|
|
|
|
|
|
| 0.30000 | % |
|
| ||
Floating Rate Yield |
|
|
|
|
|
|
| 2.06000 | % | ACT/360 |
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-4 Current Interest Due |
|
|
|
|
|
|
| $ | 315,222.92 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-4 Swap float Rate receipt due |
|
|
|
|
|
|
| $ | 269,316.67 |
|
|
| |
Class A-4 Swap fixed Rate payment due |
| 4.9950 | % | 30/360 |
|
|
| $ | 764,339.06 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-4 Net Swap receipt |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class A-4 Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Interest on Class A-4 Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class A-4 Net Swap payment |
|
|
|
|
|
|
| 495,022.39 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class B Current Interest Due |
|
|
|
|
|
|
|
|
|
|
| ||
1 Month LIBOR Rate |
|
|
|
|
|
|
| 1.76000 | % |
|
| ||
Spread for Note |
|
|
|
|
|
|
| 0.97000 | % |
|
| ||
Floating Rate Yield |
|
|
|
|
|
|
| 2.73000 | % | ACT/360 |
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class B Current Interest Due |
|
|
|
|
|
|
| $ | 19,060.47 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class B Swap float Rate receipt due |
|
|
|
|
|
|
| $ | 12,288.07 |
|
|
| |
Class B Swap fixed Rate payment due |
| 4.3230 | % | 30/360 |
|
|
| $ | 30,182.58 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class B Net Swap receipt |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class B Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Interest on Class B Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class B Net Swap payment |
|
|
|
|
|
|
| 17,894.51 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class C Current Interest Due |
|
|
|
|
|
|
|
|
|
|
| ||
1 Month LIBOR Rate |
|
|
|
|
|
|
| 1.76000 | % |
|
| ||
Spread for Note |
|
|
|
|
|
|
| 1.90000 | % |
|
| ||
Floating Rate Yield |
|
|
|
|
|
|
| 3.66000 | % | ACT/360 |
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class C Current Interest Due |
|
|
|
|
|
|
| $ | 30,500.00 |
|
|
| |
Class C Swap float Rate receipt due |
|
|
|
|
|
|
| $ | 14,666.67 |
|
|
| |
Class C Swap fixed Rate payment due |
| 4.4675 | % | 30/360 |
|
|
| $ | 37,229.17 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class C Net Swap receipt |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class C Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Interest on Class C Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class C Net Swap payment |
|
|
|
|
|
|
| 22,562.50 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Net Swap Payments Due |
|
|
|
|
|
|
| 693,434.44 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
A-1 notes Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-3 notes Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-4 notes Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
B notes Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
C notes Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
A-1 notes Interest Due on Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Interest Due on Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-3 notes Interest Due on Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-4 notes Interest Due on Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
B notes Interest Due on Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
3
C notes Interest Due on Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
A-1 notes Total Interest Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
A-2 notes Total Interest Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
A-3 notes Total Interest Due |
|
|
|
|
|
|
| $ | 129,429.12 |
|
|
|
A-4 notes Total Interest Due |
|
|
|
|
|
|
| $ | 315,222.92 |
|
|
|
B notes Total Interest Due |
|
|
|
|
|
|
| $ | 19,060.47 |
|
|
|
C notes Total Interest Due |
|
|
|
|
|
|
| $ | 30,500.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Class A Noteholders’ Monthly Principal Distributable Amount |
|
|
|
|
|
|
| $ | 8,852,488.45 |
|
|
|
Class B Noteholders’ Monthly Principal Distributable Amount |
|
|
|
|
|
|
| $ | 312,834.31 |
|
|
|
Class C Noteholders’ Monthly Principal Distributable Amount |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
Reallocated Class C Principal Amount |
|
|
|
|
|
|
| $ | 1,262,487.56 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
A-1 notes Principal Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
A-2 notes Principal Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
A-3 notes Principal Due |
|
|
|
|
|
|
| $ | 10,114,976.01 |
|
|
|
A-4 notes Principal Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
Class B notes Principal Due |
|
|
|
|
|
|
| $ | 312,834.31 |
|
|
|
Class C notes Principal Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Total notes Interest Due |
|
|
|
|
|
|
| $ | 494,212.51 |
|
|
|
Total notes Principal Due |
|
|
|
|
|
|
| $ | 10,427,810.32 |
|
|
|
Net Swap/Termination Payment Due |
|
|
|
|
|
|
| $ | 693,434.44 |
|
|
|
Total notes Distributable Amount |
|
|
|
|
|
|
| $ | 11,615,457.27 |
|
|
|
4
CNH Equipment Trust 2002-A
$162,400,000 Class A-1 2.0825% Asset Backed Notes due April 15, 2003
$235,456,000 Class A-2 3.1300% Asset Backed Notes due September 15, 2004
$356,019,000 Class A-3 Floating-Rate Asset Backed Notes due July 17, 2006
$183,625,000 Class A-4 Floating-Rate Asset Backed Notes due August 15, 2008
$30,000,000 Class B Floating-Rate Asset Backed Notes due August 15, 2008
$32,500,000 Class C Floating-Rate Asset Backed Notes due March 15, 2010
Actual Payment Date |
| 10/15/2004 |
|
|
| ||
|
|
|
|
|
| ||
Cash Available for Distribution |
|
|
|
|
| ||
Total Collections + Reinvestment Income For The Period |
| $ | 12,025,940.26 |
|
|
| |
|
|
|
|
|
| ||
Beginning Negitive Carry Account |
| $ | 0.00 |
|
|
| |
Deposits from Negitive Carry Account to Distribution Account |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Beginning Spread Account Balance |
| $ | 32,493,318.55 |
|
|
| |
Additional Deposit to Spread Account from Pre-funding |
| $ | 0.00 |
|
|
| |
Deposits from Spread Account to Distribution Account |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Beginning Principal Supplement Account |
| $ | 0.00 |
|
|
| |
Deposits from Principal Supplement Account to Distribution Account |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Beginning Prefunding Account |
|
|
|
|
| ||
Deposits from Prefunding Account |
|
|
|
|
| ||
|
|
|
|
|
| ||
Total Cash Available |
| $ | 12,025,940.26 |
|
|
| |
|
|
|
|
|
| ||
|
|
|
| Available |
| ||
Cash Allocation (Cashflow Waterfall) |
|
|
|
|
| ||
|
|
|
|
|
| ||
Is CNH the servicier |
| Yes |
|
|
| ||
Servicing Fee Paid (If CNH is not the servicer) |
| $ | 0.00 |
|
|
| |
Servicing Fee Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 12,025,940.26 |
| |
Administration Fee Paid |
| $ | 166.67 |
|
|
| |
Administration Fee Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 12,025,773.59 |
| |
Net Swap Payment Paid |
| $ | 693,434.44 |
|
|
| |
Net Swap Payment Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Remaining Cash Available to Pay Class A Interest & Swap Termination Payment |
|
|
| $ | 11,332,339.15 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Class A Interest |
| $ | 11,332,339.15 |
|
|
| |
Cash Available to Pay Class A Termination Payment |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class A-1 notes Interest Paid |
| $ | 0.00 |
|
|
| |
Class A-2 notes Interest Paid |
| $ | 0.00 |
|
|
| |
Class A-3 notes Interest Paid |
| $ | 129,429.12 |
|
|
| |
Class A-4 notes Interest Paid |
| $ | 315,222.92 |
|
|
| |
|
|
|
|
|
| ||
Class A-1 notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
Class A-2 notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
Class A-3 notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
Class A-4 notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Cash Available to Pay Class A Termination Payment |
| $ | 10,887,687.11 |
|
|
| |
|
|
|
|
|
| ||
Class A Swap Termination Payments due to Swap CounterParty |
| $ | 0.00 |
|
|
| |
Prior Class A Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
| |
Total Class A Swap Termination Payment due to Swap CounterParty |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class A Swap Termination Payment Paid |
| $ | 0.00 |
|
|
| |
Class A Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Remaining Cash Available to Pay Class B Interest & Swap Termination Payment |
|
|
| $ | 10,887,687.11 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Class B Interest |
| $ | 10,887,687.11 |
|
|
| |
Cash Available to Pay Class B Termination Payment |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class B notes Interest Paid |
| $ | 19,060.47 |
|
|
| |
Class B notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Cash Available to Pay Class B Termination Payment |
| $ | 10,868,626.64 |
|
|
| |
|
|
|
|
|
| ||
Class B Swap Termination Payments due to Swap CounterParty |
| $ | 0.00 |
|
|
| |
Prior Class B Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
| |
Total Class B Swap Termination Payment due to Swap CounterParty |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class B Swap Termination Payment Paid |
| $ | 0.00 |
|
|
| |
Class B Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Remaining Cash Available to Pay Class C Interest & Swap Termination Payment |
|
|
| $ | 10,868,626.64 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Class C Interest |
| $ | 10,868,626.64 |
|
|
| |
Cash Available to Pay Class C Termination Payment |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class C notes Interest Paid |
| $ | 30,500.00 |
|
|
| |
Class C notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Cash Available to Pay Class C Termination Payment |
| $ | 10,838,126.64 |
|
|
| |
|
|
|
|
|
| ||
Class C Swap Termination Payments due to Swap CounterParty |
| $ | 0.00 |
|
|
| |
Prior Class C Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
| |
Total Class C Swap Termination Payment due to Swap CounterParty |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class C Swap Termination Payment Paid |
| $ | 0.00 |
|
|
| |
Class C Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
|
|
|
| $ | 10,838,126.64 |
| |
Class A-1 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class A-2 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class A-3 notes Principal Paid |
| $ | 10,114,976.01 |
|
|
| |
Class A-4 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class B notes Principal Paid |
| $ | 312,834.31 |
|
|
| |
5
Class C notes Principal Paid |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 410,316.32 |
| |
Deposits to Spread Account |
| $ | 0.00 |
|
|
| |
|
|
|
|
| $ | 410,316.32 |
|
Total Principal Balance of Notes and Certificates (End of Period) |
| $ | 268,846,536.46 |
|
|
| |
A-1 notes Ending Principal balance |
| $ | 0.00 |
|
|
| |
A-2 notes Ending Principal balance |
| $ | 0.00 |
|
|
| |
A-3 notes Ending Principal balance |
| $ | 67,156,140.37 |
|
|
| |
A-4 notes Ending Principal balance |
| $ | 183,625,000.00 |
|
|
| |
B notes Ending Principal balance |
| $ | 8,065,396.09 |
|
|
| |
C notes Ending Principal balance |
| $ | 10,000,000.00 |
|
|
| |
|
|
|
|
|
| ||
Servicing Fee Paid (If CNH is the servicer) |
| $ | 232,728.62 |
|
|
| |
Servicing Fee Shortfall |
| $ | 0.00 |
|
|
| |
Release to Seller as Excess |
| $ | 177,587.70 |
| $ | 177,587.70 |
|
6
CNH Equipment Trust 2002-A
$162,400,000 Class A-1 2.0825% Asset Backed Notes due April 15, 2003
$235,456,000 Class A-2 3.1300% Asset Backed Notes due September 15, 2004
$356,019,000 Class A-3 Floating-Rate Asset Backed Notes due July 17, 2006
$183,625,000 Class A-4 Floating-Rate Asset Backed Notes due August 15, 2008
$30,000,000 Class B Floating-Rate Asset Backed Notes due August 15, 2008
$32,500,000 Class C Floating-Rate Asset Backed Notes due March 15, 2010
Actual Payment Date |
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| 10/15/2004 |
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| Amount |
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| Per/$1000 |
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Summary and Factors |
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Total Principal Balance of Notes and Certificates (Beginning of Period) |
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| $ | 279,274,346.78 |
| 0.2792743 |
| $ | 279.27 |
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A-1 notes Beginning Principal balance |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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A-2 notes Beginning Principal balance |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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A-3 notes Beginning Principal balance |
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| $ | 77,271,116.38 |
| 0.2170421 |
| $ | 217.04 |
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A-4 notes Beginning Principal balance |
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| $ | 183,625,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
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B notes Beginning Principal balance |
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| $ | 8,378,230.40 |
| 0.2792743 |
| $ | 279.27 |
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C notes Beginning Principal balance |
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| $ | 10,000,000.00 |
| 0.3076923 |
| $ | 307.69 |
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Total Principal Balance of Notes and Certificates (End of Period) |
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| $ | 268,846,536.46 |
| 0.2688465 |
| $ | 268.85 |
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A-1 notes Ending Principal balance |
| 2.0825 | % | $ | 162,400,000.00 |
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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A-2 notes Ending Principal balance |
| 3.1300 | % | $ | 235,456,000.00 |
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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A-3 notes Ending Principal balance |
| 4.4630 | % | $ | 356,019,000.00 |
| $ | 67,156,140.37 |
| 0.1886308 |
| $ | 188.63 |
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A-4 notes Ending Principal balance |
| 5.2950 | % | $ | 183,625,000.00 |
| $ | 183,625,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
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B notes Ending Principal balance |
| 5.2930 | % | $ | 30,000,000.00 |
| $ | 8,065,396.09 |
| 0.2688465 |
| $ | 268.85 |
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C notes Ending Principal balance |
| 6.3675 | % | $ | 32,500,000.00 |
| $ | 10,000,000.00 |
| 0.3076923 |
| $ | 307.69 |
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Class A-1 notes Interest Paid |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Class A-2 notes Interest Paid |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Class A-3 notes Interest Paid |
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| $ | 129,429.12 |
| 0.0003635 |
| $ | 0.36 |
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Class A-4 notes Interest Paid |
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| $ | 315,222.92 |
| 0.0017167 |
| $ | 1.72 |
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Class B notes Interest Paid |
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| $ | 19,060.47 |
| 0.0006353 |
| $ | 0.64 |
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Class C notes Interest Paid |
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| $ | 30,500.00 |
| 0.0009385 |
| $ | 0.94 |
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Class A-1 notes Interest Shortfall |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Class A-2 notes Interest Shortfall |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Class A-3 notes Interest Shortfall |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Class A-4 notes Interest Shortfall |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Class B notes Interest Shortfall |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Class C notes Interest Shortfall |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Class A-1 notes Principal Paid |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Class A-2 notes Principal Paid |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Class A-3 notes Principal Paid |
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| $ | 10,114,976.01 |
| 0.0284113 |
| $ | 28.41 |
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Class A-4 notes Principal Paid |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Class B notes Principal Paid |
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| $ | 312,834.31 |
| 0.0104278 |
| $ | 10.43 |
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Class C notes Principal Paid |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Negative Carry Account |
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Negative Carry |
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| 3/27/2002 |
| 2.579 | % |
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Negative Carry Days Remaining |
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| 9/16/2002 |
| 0 |
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Required Negative Carry Account |
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| $ | 0.00 |
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Beginning Negative Carry Account |
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| $ | 0.00 |
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Negative Carry Account Withdrawals to Distribution Account |
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| $ | 0.00 |
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Negative Carry Released to Seller |
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| $ | 0.00 |
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Ending Negative Carry Account Balance |
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| $ | 0.00 |
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Spread Account |
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Required Spread Account Balance |
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| 3.25 | % | $ | 32,493,318.55 |
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Beginning Spread Account Balance |
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| 4.50 | % | $ | 32,493,318.55 |
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Additional Deposit to Spread Account from Pre-funding |
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| $ | 0.00 |
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Spread Account Withdrawals to Distribution Account |
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| $ | 0.00 |
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Spread Account Deposits from Excess Cash |
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| $ | 0.00 |
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Spread Account Released to Seller |
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| $ | 0.00 |
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Ending Spread Account Balance |
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| $ | 32,493,318.55 |
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Principal Supplement Account |
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Required Principal Supplement Account Balance |
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| $ | 0.00 |
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Beginning Principal Supplement Account Balance |
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| $ | 0.00 |
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Additional Deposit to Principal Supplement Account from Pre-funding |
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| $ | 0.00 |
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Principal Supplement Account Withdrawals to Distribution Account |
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| $ | 0.00 |
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Principal Supplement Account Released to Seller |
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| $ | 0.00 |
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Ending Principal Supplement Account |
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| $ | 0.00 |
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Pre-funding Account |
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Beginning Pre-funding Account Balance |
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| $ | 0.00 |
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New Contract Value Purchased |
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| $ | 0.00 |
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Deposits to Spread Account |
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| $ | 0.00 |
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Deposits to Principal Supplement Account |
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| $ | 0.00 |
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Excess Release to Noteholders for Unpurchased Amount |
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| $ | 0.00 |
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Ending Pre-funding Account Balance |
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| $ | 0.00 |
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Release to seller |
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| $ | 0.00 |
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Total Release to Seller |
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| $ | 410,482.99 |
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7
