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 |
|
Cutoff Date |
|
|
| 12/31/2004 |
| ||||||||||||||
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 |
|
Pool |
| Period |
| Pool 1 |
| Pool 2 |
| Pool 3 |
| Pool 4 |
| Pool 5 |
| Pool 6 |
| Pool 7 |
| Pool 8 |
|
Scheduled Cashflows |
| 0 |
| 112,364.29 |
| 2,110,070.47 |
| 1,896.99 |
| 84,732.47 |
| 267,994.84 |
| 1,627,498.70 |
| 3,977.53 |
| 295,127.70 |
|
|
| 1 |
| 1,414,058.72 |
| 5,270,785.30 |
| 141,188.31 |
| 157,119.02 |
| 1,293,992.63 |
| 2,215,670.06 |
| 209,350.37 |
| 258,135.10 |
|
|
| 2 |
| 3,963,492.98 |
| 1,300,518.63 |
| 203,302.13 |
| 27,476.48 |
| 2,047,645.73 |
| 1,058,661.52 |
| 195,299.69 |
| 5,281.74 |
|
|
| 3 |
| 501,513.31 |
| 1,195,014.51 |
| 21,452.24 |
| 16,463.57 |
| 331,324.05 |
| 1,112,911.73 |
| 4,524.31 |
| 6,796.53 |
|
|
| 4 |
| 306,493.62 |
| 1,142,851.76 |
| 15,420.05 |
| 15,434.99 |
| 346,056.81 |
| 1,108,903.09 |
| 4,088.46 |
| 3,025.51 |
|
|
| 5 |
| 312,486.13 |
| 1,146,597.64 |
| 15,420.05 |
| 15,434.99 |
| 298,264.73 |
| 1,310,073.65 |
| 1,102.23 |
| 4,666.83 |
|
|
| 6 |
| 223,597.46 |
| 1,128,336.78 |
| 15,420.05 |
| 26,144.27 |
| 291,804.80 |
| 1,239,226.23 |
| 2,630.40 |
| 14,241.28 |
|
|
| 7 |
| 301,810.75 |
| 1,292,754.99 |
| 15,420.05 |
| 15,434.99 |
| 349,966.11 |
| 1,297,884.44 |
| 5,116.13 |
| 4,666.83 |
|
|
| 8 |
| 326,661.49 |
| 1,051,988.65 |
| 15,420.05 |
| 15,434.99 |
| 386,141.10 |
| 1,139,888.57 |
| 2,630.40 |
| 4,666.83 |
|
|
| 9 |
| 267,321.84 |
| 1,121,714.32 |
| 15,420.05 |
| 15,434.99 |
| 309,095.79 |
| 1,147,503.51 |
| 2,630.40 |
| 4,666.83 |
|
|
| 10 |
| 254,834.28 |
| 1,969,080.11 |
| 25,438.80 |
| 15,434.99 |
| 319,959.93 |
| 1,812,651.75 |
| 5,116.13 |
| 4,666.83 |
|
|
| 11 |
| 397,695.38 |
| 5,100,128.62 |
| 15,420.05 |
| 36,576.18 |
| 378,011.33 |
| 3,803,697.94 |
| 2,630.40 |
| 10,249.30 |
|
|
| 12 |
| 574,769.88 |
| 6,436,496.03 |
| 17,078.62 |
| 41,587.09 |
| 330,023.94 |
| 2,824,276.23 |
| 1,102.23 |
| 126,070.08 |
|
|
| 13 |
| 1,183,389.65 |
| 4,610,943.66 |
| 15,419.95 |
| 6,649.83 |
| 1,116,922.85 |
| 1,908,973.66 |
| 31,461.26 |
| 44,231.37 |
|
|
| 14 |
| 2,837,455.52 |
| 796,086.29 |
| 29,156.32 |
| 6,649.83 |
| 1,688,010.18 |
| 737,104.99 |
| 10,558.73 |
| 249.90 |
|
|
| 15 |
| 312,314.61 |
| 757,784.99 |
| 11,049.71 |
| 6,649.83 |
| 233,672.31 |
| 760,083.17 |
| 1,102.23 |
| 249.90 |
|
|
| 16 |
| 215,211.45 |
| 713,764.75 |
| 11,049.71 |
| 6,649.83 |
| 231,226.62 |
| 744,632.91 |
| 3,587.96 |
| 103.97 |
|
|
| 17 |
| 212,662.17 |
| 666,683.86 |
| 11,049.71 |
| 6,649.83 |
| 205,610.64 |
| 818,307.31 |
| 1,102.23 |
| 1,641.32 |
|
|
| 18 |
| 129,048.26 |
| 612,896.88 |
| 11,049.71 |
| 17,359.11 |
| 200,553.44 |
| 836,494.06 |
| 2,630.40 |
| 11,215.77 |
|
|
| 19 |
| 197,181.93 |
| 760,146.00 |
| 11,049.71 |
| 6,649.83 |
| 239,880.11 |
| 824,090.84 |
| 5,116.13 |
| 1,641.32 |
|
|
| 20 |
| 202,005.20 |
| 572,062.50 |
| 11,049.71 |
| 6,649.83 |
| 262,121.88 |
| 729,974.22 |
| 2,630.40 |
| 1,641.32 |
|
|
| 21 |
| 173,825.07 |
| 591,768.15 |
| 11,049.71 |
| 6,649.83 |
| 208,323.00 |
| 753,139.39 |
| 2,630.40 |
| 1,641.32 |
|
|
| 22 |
| 156,928.97 |
| 1,297,051.22 |
| 11,049.71 |
| 6,649.53 |
| 210,582.04 |
| 1,258,702.94 |
| 5,116.13 |
| 1,641.31 |
|
|
| 23 |
| 295,034.55 |
| 4,106,994.68 |
| 11,049.71 |
| 26,717.35 |
| 247,422.03 |
| 2,973,428.11 |
| 2,630.30 |
| 7,223.60 |
|
|
| 24 |
| 370,617.41 |
| 4,530,121.72 |
| 10,208.28 |
| 32,810.88 |
| 213,897.98 |
| 1,795,414.74 |
| 1,102.23 |
| 125,820.09 |
|
|
| 25 |
| 870,190.53 |
| 2,954,305.65 |
| 10,208.28 |
| 4,829.12 |
| 837,723.38 |
| 958,719.28 |
| 31,460.77 |
| 43,981.47 |
|
|
| 26 |
| 2,061,060.53 |
| 155,670.28 |
| 27,298.18 |
| 0.00 |
| 1,196,488.92 |
| 84,191.32 |
| 9,456.50 |
| 0.00 |
|
|
| 27 |
| 137,320.23 |
| 74,088.89 |
| 944.75 |
| 0.00 |
| 66,433.14 |
| 86,537.97 |
| 0.00 |
| 0.00 |
|
|
| 28 |
| 8,076.37 |
| 33,578.39 |
| 944.75 |
| 0.00 |
| 37,899.93 |
| 67,664.42 |
| 0.00 |
| 0.00 |
|
|
| 29 |
| 1,078.22 |
| 82,484.07 |
| 0.00 |
| 0.00 |
| 18,389.11 |
| 45,853.16 |
| 0.00 |
| 0.00 |
|
|
| 30 |
| 1,078.22 |
| 10,467.55 |
| 0.00 |
| 0.00 |
| 14,899.95 |
| 70,486.76 |
| 0.00 |
| 0.00 |
|
|
| 31 |
| 18,909.83 |
| 14,172.96 |
| 0.00 |
| 0.00 |
| 14,899.95 |
| 55,968.87 |
| 0.00 |
| 0.00 |
|
|
| 32 |
| 18,180.38 |
| 4,466.59 |
| 0.00 |
| 0.00 |
| 14,627.84 |
| 51,781.26 |
| 0.00 |
| 0.00 |
|
|
| 33 |
| 1,078.22 |
| 4,276.51 |
| 0.00 |
| 0.00 |
| 14,620.21 |
| 50,097.39 |
| 0.00 |
| 0.00 |
|
|
| 34 |
| 6,706.92 |
| 43,697.09 |
| 0.00 |
| 0.00 |
| 14,620.21 |
| 45,088.71 |
| 0.00 |
| 0.00 |
|
|
| 35 |
| 1,078.22 |
| 136,845.92 |
| 0.00 |
| 0.00 |
| 33,617.59 |
| 202,018.73 |
| 0.00 |
| 0.00 |
|
|
| 36 |
| 48,447.10 |
| 130,193.21 |
| 0.00 |
| 0.00 |
| 14,490.69 |
| 121,952.34 |
| 0.00 |
| 0.00 |
|
|
| 37 |
| 35,862.93 |
| 116,025.62 |
| 0.00 |
| 0.00 |
| 53,750.65 |
| 79,760.13 |
| 0.00 |
| 0.00 |
|
|
| 38 |
| 46,504.87 |
| 370.79 |
| 0.00 |
| 0.00 |
| 60,454.41 |
| 1,325.43 |
| 0.00 |
| 0.00 |
|
|
| 39 |
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 5,146.70 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 40 |
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 41 |
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 42 |
| 0.00 |
| 6,353.72 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 43 |
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 44 |
| 0.00 |
| 370.16 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 45 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 46 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 47 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 48 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 49 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 50 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 51 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 52 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 53 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 54 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 55 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 56 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 57 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 58 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 59 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 60 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 61 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 62 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 63 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 64 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 65 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 66 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 67 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 68 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 69 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 70 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 71 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 72 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 73 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 74 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 75 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 76 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 77 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 78 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Amount of Scheduled Cashflow |
| Total |
| 18,498,347.49 |
| 54,051,493.07 |
| 711,925.34 |
| 624,273.65 |
| 14,406,567.55 |
| 37,760,639.53 |
| 550,784.35 |
| 983,544.05 |
|
Discount Rate |
|
|
| 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % |
Beginning Contract Value |
|
|
| 18,045,965.69 |
| 58,686,531.52 |
| 831,483.42 |
| 1,304,103.44 |
| 14,113,475.93 |
| 39,752,726.80 |
| 662,011.56 |
| 1,848,384.06 |
|
Scheduled Contract Value Decline |
|
|
| 557,057.88 |
| 8,704,376.23 |
| 121,492.41 |
| 745,523.82 |
| 609,166.06 |
| 5,083,790.48 |
| 96,969.37 |
| 1,182,434.73 |
|
Unscheduled Contract Value Decline |
|
|
| 168,758.16 |
| (360,376.64 | ) | 28,138.39 |
| (39,593.83 | ) | 38,394.86 |
| (549,800.21 | ) | 30,140.68 |
| (278,047.89 | ) |
Additional Contract Value Added |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
Ending Contract Value |
|
|
| 17,320,149.66 |
| 50,342,531.93 |
| 681,852.62 |
| 598,173.45 |
| 13,465,915.01 |
| 35,218,736.53 |
| 534,901.52 |
| 943,997.22 |
|
|
|
|
| 502034 |
| 502035 |
| 5502034 |
| 5502035 |
| 502036 |
| 502037 |
| 502038 |
| 5502036 |
| 5502037 |
|
Cutoff Date |
|
|
| 12/31/2004 |
| ||||||||||||||||
Date Added |
|
|
| 3/31/2002 |
| 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 |
| Period |
| Pool 9 |
| Pool 10 |
| Pool 11 |
| Pool 12 |
| Pool 13 |
| Pool 14 |
| Pool 15 |
| Pool 16 |
| Pool 17 |
|
Scheduled Cashflows |
| 0 |
| 219,282.74 |
| 16,791.19 |
| 208,477.82 |
| 19,184.47 |
| 306,214.00 |
| 37,194.26 |
| 115,463.16 |
| 345,760.00 |
| 42,887.48 |
|
|
| 1 |
| 480,438.03 |
| 109,655.95 |
| 450,278.24 |
| 137,763.94 |
| 549,975.02 |
| 169,308.58 |
| 0.00 |
| 565,465.30 |
| 188,500.82 |
|
|
| 2 |
| 2,207,666.01 |
| 197,204.83 |
| 1,917,633.62 |
| 344,571.18 |
| 701,701.24 |
| 220,848.80 |
| 0.00 |
| 585,863.40 |
| 209,654.27 |
|
|
| 3 |
| 4,458,765.50 |
| 201,276.59 |
| 1,951,992.49 |
| 238,139.50 |
| 3,745,932.71 |
| 455,719.73 |
| 0.00 |
| 2,279,576.09 |
| 428,821.44 |
|
|
| 4 |
| 512,582.53 |
| 33,635.71 |
| 409,979.15 |
| 5,240.39 |
| 5,442,054.35 |
| 300,114.21 |
| 0.00 |
| 2,206,406.41 |
| 229,381.91 |
|
|
| 5 |
| 317,919.24 |
| 17,929.58 |
| 434,471.67 |
| 1,097.41 |
| 521,326.21 |
| 31,423.39 |
| 0.00 |
| 540,147.44 |
| 6,240.87 |
|
|
| 6 |
| 335,642.11 |
| 17,929.58 |
| 425,399.96 |
| 1,097.41 |
| 470,199.48 |
| 23,221.74 |
| 0.00 |
| 575,728.99 |
| 7,103.06 |
|
|
| 7 |
| 277,738.41 |
| 19,368.69 |
| 421,873.25 |
| 1,097.41 |
| 458,677.94 |
| 20,490.34 |
| 0.00 |
| 571,289.60 |
| 7,103.06 |
|
|
| 8 |
| 361,480.13 |
| 19,368.69 |
| 449,101.43 |
| 6,624.66 |
| 486,950.48 |
| 20,490.18 |
| 0.00 |
| 531,825.76 |
| 7,103.06 |
|
|
| 9 |
| 536,958.75 |
| 19,368.69 |
| 574,169.14 |
| 1,097.41 |
| 621,595.06 |
| 12,407.22 |
| 0.00 |
| 648,296.75 |
| 12,001.33 |
|
|
| 10 |
| 320,086.12 |
| 19,368.69 |
| 440,992.36 |
| 1,097.41 |
| 588,633.95 |
| 12,407.22 |
| 0.00 |
| 655,698.08 |
| 7,103.06 |
|
|
| 11 |
| 306,342.82 |
| 19,368.69 |
| 440,976.36 |
| 1,097.41 |
| 588,112.31 |
| 12,407.22 |
| 0.00 |
| 573,117.55 |
| 7,103.06 |
|
|
| 12 |
| 518,941.67 |
| 30,635.84 |
| 485,549.95 |
| 1,097.41 |
| 648,296.65 |
| 12,407.22 |
| 0.00 |
| 650,887.20 |
| 5,328.37 |
|
|
| 13 |
| 410,287.09 |
| 17,929.58 |
| 449,115.78 |
| 1,097.41 |
| 534,610.08 |
| 12,407.22 |
| 0.00 |
| 549,380.38 |
| 5,328.37 |
|
|
| 14 |
| 1,574,677.78 |
| 17,929.58 |
| 1,595,961.12 |
| 12,234.36 |
| 570,337.22 |
| 32,407.22 |
| 0.00 |
| 507,452.89 |
| 5,328.37 |
|
|
| 15 |
| 3,405,578.49 |
| 51,077.13 |
| 1,456,076.64 |
| 28,747.74 |
| 2,683,343.40 |
| 32,638.81 |
| 0.00 |
| 1,942,921.84 |
| 72,101.27 |
|
|
| 16 |
| 357,423.43 |
| 16,931.48 |
| 328,999.35 |
| 0.00 |
| 3,757,275.74 |
| 49,582.39 |
| 0.00 |
| 1,776,848.64 |
| 37,984.50 |
|
|
| 17 |
| 186,905.20 |
| 16,931.48 |
| 333,073.05 |
| 0.00 |
| 324,229.64 |
| 8,645.81 |
| 0.00 |
| 395,310.79 |
| 1,570.38 |
|
|
| 18 |
| 182,924.28 |
| 16,931.48 |
| 320,985.72 |
| 0.00 |
| 309,037.59 |
| 8,645.81 |
| 0.00 |
| 424,969.21 |
| 3,345.07 |
|
|
| 19 |
| 147,832.11 |
| 18,370.59 |
| 316,112.26 |
| 0.00 |
| 260,325.71 |
| 8,645.81 |
| 0.00 |
| 416,050.66 |
| 3,345.07 |
|
|
| 20 |
| 230,551.25 |
| 18,370.59 |
| 333,603.39 |
| 5,527.25 |
| 306,740.36 |
| 8,645.81 |
| 0.00 |
| 377,417.95 |
| 3,345.07 |
|
|
| 21 |
| 340,366.85 |
| 18,370.59 |
| 440,994.94 |
| 0.00 |
| 400,953.44 |
| 8,645.81 |
| 0.00 |
| 477,045.27 |
| 8,243.34 |
|
|
| 22 |
| 171,686.46 |
| 18,370.59 |
| 318,092.57 |
| 0.00 |
| 353,093.72 |
| 8,645.81 |
| 0.00 |
| 467,291.13 |
| 3,345.07 |
|
|
| 23 |
| 138,801.15 |
| 18,370.59 |
| 329,475.32 |
| 0.00 |
| 410,568.28 |
| 8,645.81 |
| 0.00 |
| 429,355.42 |
| 3,344.87 |
|
|
| 24 |
| 293,759.69 |
| 29,637.86 |
| 357,858.67 |
| 0.00 |
| 391,516.52 |
| 8,645.81 |
| 0.00 |
| 493,722.54 |
| 1,570.38 |
|
|
| 25 |
| 249,283.21 |
| 16,229.78 |
| 319,925.42 |
| 0.00 |
| 352,545.29 |
| 8,645.81 |
| 0.00 |
| 385,858.97 |
| 1,570.38 |
|
|
| 26 |
| 1,215,973.92 |
| 15,885.22 |
| 1,328,002.99 |
| 11,136.95 |
| 345,092.61 |
| 28,645.81 |
| 0.00 |
| 354,561.41 |
| 1,570.38 |
|
|
| 27 |
| 2,527,374.76 |
| 43,008.99 |
| 1,044,447.13 |
| 14,120.00 |
| 2,002,031.43 |
| 19,205.45 |
| 0.00 |
| 1,400,140.62 |
| 43,216.78 |
|
|
| 28 |
| 159,558.37 |
| 1,306.27 |
| 43,512.60 |
| 0.00 |
| 2,683,363.98 |
| 33,537.56 |
| 0.00 |
| 1,149,623.57 |
| 26,907.87 |
|
|
| 29 |
| 10,270.28 |
| 1,306.07 |
| 28,278.51 |
| 0.00 |
| 152,066.18 |
| 1,409.99 |
| 0.00 |
| 38,808.66 |
| 0.00 |
|
|
| 30 |
| 20,772.82 |
| 0.00 |
| 36,040.16 |
| 0.00 |
| 79,636.95 |
| 1,409.99 |
| 0.00 |
| 51,608.31 |
| 0.00 |
|
|
| 31 |
| 7,564.37 |
| 0.00 |
| 26,603.08 |
| 0.00 |
| 1,813.84 |
| 1,409.99 |
| 0.00 |
| 54,487.80 |
| 0.00 |
|
|
| 32 |
| 2,973.45 |
| 0.00 |
| 25,984.38 |
| 0.00 |
| 34,137.49 |
| 1,409.99 |
| 0.00 |
| 35,302.15 |
| 0.00 |
|
|
| 33 |
| 21,860.72 |
| 0.00 |
| 74,746.04 |
| 0.00 |
| 89,420.11 |
| 1,409.99 |
| 0.00 |
| 40,570.52 |
| 0.00 |
|
|
| 34 |
| 22,106.73 |
| 0.00 |
| 25,919.77 |
| 0.00 |
| 595.21 |
| 1,409.99 |
| 0.00 |
| 40,104.72 |
| 0.00 |
|
|
| 35 |
| 2,973.45 |
| 0.00 |
| 25,919.77 |
| 0.00 |
| 91,760.16 |
| 1,409.99 |
| 0.00 |
| 49,185.65 |
| 0.00 |
|
|
| 36 |
| 23,514.73 |
| 0.00 |
| 32,914.07 |
| 0.00 |
| 20,284.04 |
| 1,409.99 |
| 0.00 |
| 62,142.31 |
| 0.00 |
|
|
| 37 |
| 2,973.45 |
| 0.00 |
| 25,603.71 |
| 0.00 |
| 595.21 |
| 1,409.99 |
| 0.00 |
| 32,322.29 |
| 0.00 |
|
|
| 38 |
| 2,973.45 |
| 0.00 |
| 64,068.11 |
| 0.00 |
| 595.21 |
| 1,409.99 |
| 0.00 |
| 32,048.76 |
| 0.00 |
|
|
| 39 |
| 60,301.35 |
| 0.00 |
| 79,893.09 |
| 0.00 |
| 40,864.04 |
| 1,409.99 |
| 0.00 |
| 143,586.37 |
| 0.00 |
|
|
| 40 |
| 0.00 |
| 0.00 |
| 539.06 |
| 0.00 |
| 31,019.12 |
| 1,410.21 |
| 0.00 |
| 75,957.14 |
| 0.00 |
|
|
| 41 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 267.96 |
| 0.00 |
|
|
| 42 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 2,010.01 |
| 0.00 |
| 0.00 |
| 660.87 |
| 0.00 |
|
|
| 43 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 44 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 45 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 46 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 47 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 48 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 49 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 50 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 51 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 52 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 53 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 54 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 55 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 56 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 57 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 58 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 59 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 60 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 61 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 62 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 63 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 64 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 65 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 66 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 67 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 68 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 69 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 70 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 71 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 72 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 73 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 74 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 75 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 76 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 77 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 78 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Amount of Scheduled Cashflow |
| Total |
| 22,625,112.90 |
| 1,058,860.59 |
| 18,373,642.14 |
| 832,069.72 |
| 31,359,531.98 |
| 1,631,596.96 |
| 115,463.16 |
| 22,935,067.37 |
| 1,380,448.96 |
|
Discount Rate |
|
|
| 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % |
Beginning Contract Value |
|
|
| 21,901,572.22 |
| 1,177,800.34 |
| 17,757,157.84 |
| 988,736.76 |
| 30,395,742.71 |
| 1,800,641.74 |
| 115,505.43 |
| 22,237,909.67 |
| 1,579,269.57 |
|
Scheduled Contract Value Decline |
|
|
| 660,856.55 |
| 140,290.32 |
| 630,024.55 |
| 159,167.67 |
| 839,820.26 |
| 202,233.06 |
| 115,505.43 |
| 896,073.42 |
| 237,797.11 |
|
Unscheduled Contract Value Decline |
|
|
| 117,775.80 |
| 29,418.88 |
| 42,857.10 |
| 14,257.92 |
| 377,561.61 |
| 23,933.81 |
| (115,463.16 | ) | 74,311.09 |
| 2,728.15 |
|
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 |
|
|
| 21,122,939.87 |
| 1,008,091.15 |
| 17,084,276.19 |
| 815,311.17 |
| 29,178,360.83 |
| 1,574,474.86 |
| 115,463.16 |
| 21,267,525.16 |
| 1,338,744.31 |
|
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 |
| 1/15/2005 |
|
|
| |
Actual Payment Date |
| 1/18/2005 |
|
|
| |
Collection Period Begin Date |
| 12/1/2004 |
|
|
| |
Collection Period End Date |
| 12/31/2004 |
|
|
| |
Days in accrual period (30/360) |
| 30 |
|
|
| |
Days in accrual period (act/360) |
| 34 |
|
|
| |
1 month LIBOR Rate |
| 2.4025 | % |
|
| |
|
|
|
|
|
| |
Collateral Summary |
|
|
|
|
| |
Wtd. Average Discount Rate |
| 6.750 | % |
|
| |
Beginning Contract Value |
| 233,199,018.70 |
|
|
| |
Scheduled Contract Value Decline |
| 20,982,579.34 |
|
|
| |
Unscheduled Contract Value Decline |
| (395,005.27 | ) |
|
| |
Additional Contract Value Purchased |
| 0.00 |
|
|
| |
Ending Contract Value |
| 212,611,444.64 |
|
|
| |
|
|
|
|
|
| |
Beginning Pre-funding Account Balance |
| 0.00 |
|
|
| |
Ending Pre-funding Account Balance |
| 0.00 |
|
|
| |
|
|
|
|
|
| |
Total Beginning Balance (Pool Balance + Pre-funding Account Balance) |
| 233,199,018.70 |
|
|
| |
Total Ending Balance (Pool Balance + Pre-funding Account Balance) |
| 212,611,444.64 |
|
|
| |
Total Original Contract Value (including Additional Contracts) |
| 999,794,417.00 |
|
|
| |
|
|
|
|
|
| |
Collateral Performance |
|
|
|
|
| |
Scheduled Amounts 30 - 59 days past due |
| $ | 877,126.07 |
| 0.41 | % |
Scheduled Amounts 60 days or more past due |
| $ | 1,321,089.94 |
| 0.62 | % |
Net Losses on Liquidated Receivables |
| $ | 88,325.04 |
| 0.04 | % |
Cumulative Net Losses |
| $ | 4,695,961.99 |
|
|
|
Number of Loans at Beginning of Period |
| 19,848 |
|
|
| |
Number of Loans at End of Period |
| 18,248 |
|
|
| |
Repossessed Equipment not Sold or Reassigned (Beginning) |
| $ | 432,732.79 |
|
|
|
Repossessed Equipment not Sold or Reassigned (End) |
| $ | 270,321.44 |
|
|
|
|
|
|
|
|
| |
Collections and Reinvestment Income |
|
|
|
|
| |
Receipts During the period |
| $ | 21,836,406.60 |
|
|
|
|
|
|
|
|
| |
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 |
| $ | 21,836,406.60 |
|
|
|
|
|
|
|
|
| |
Reinvestment Income (excluding Pre-funding Account) |
| $ | 99,874.89 |
|
|
|
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 |
| $ | 21,936,281.49 |
|
|
|
|
|
|
|
|
| |
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 |
|
|
|
|
|
|
| 1/18/2005 |
|
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| ||
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|
| ||
Calculation of Distributable Amounts |
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| ||
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|
|
| ||
Current Servicing Fee Due |
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|
|
|
| 1.000 | % | $ | 194,332.52 |
|
|
| |
Past Due Servicing Fee |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
Total Servicing Fee Due |
|
|
|
|
|
|
| $ | 194,332.52 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Current Administration Fee Due |
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|
|
|
| $ | 500.00 |
| $ | 166.67 |
|
|
|
Past Due Administration Fee |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
Total Administration Fee Due |
|
|
|
|
|
|
| $ | 166.67 |
|
|
| |
|
|
|
|
|
|
|
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|
|
|
| ||
Total Principal Balance of Notes and Certificates (Beginning of Period) |
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|
|
|
|
|
| $ | 233,199,018.70 |
|
|
| |
A-1 notes Beginning Principal balance |
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|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-3 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 32,578,048.14 |
|
|
| |
A-4 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 183,625,000.00 |
|
|
| |
B notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 6,995,970.56 |
|
|
| |
C notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 10,000,000.00 |
|
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| |
|
|
|
|
|
|
|
|
|
|
|
| ||
A-1 notes Current Interest Due |
| 2.0825 | % | act/360 |
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Current Interest Due |
| 3.1300 | % | 30/360 |
|
|
| $ | 0.00 |
|
|
| |
|
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|
|
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|
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| ||
Class A-3 Current Interest Due |
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|
|
|
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| ||
1 Month LIBOR Rate |
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|
|
|
|
| 2.40250 | % |
|
| ||
Spread for Note |
|
|
|
|
|
|
| 0.25000 | % |
|
| ||
Floating Rate Yield |
|
|
|
|
|
|
| 2.65250 | % | ACT/360 |
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-3 Current Interest Due |
|
|
|
|
|
|
| $ | 81,612.54 |
|
|
| |
|
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|
|
|
|
|
|
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| ||
Class A-3 Swap float Rate receipt due |
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|
|
|
|
|
| $ | 73,920.50 |
|
|
| |
Class A-3 Swap fixed Rate payment due |
| 4.2130 | % | 30/360 |
|
|
| $ | 114,376.10 |
|
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| |
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|
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|
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| ||
Class A-3 Net Swap receipt |
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|
| 0.00 |
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| ||
Class A-3 Past due Net Swap payment |
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|
|
|
|
| 0.00 |
|
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| ||
Interest on Class A-3 Past due Net Swap payment |
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|
|
|
|
|
| 0.00 |
|
|
| ||
Class A-3 Net Swap payment |
|
|
|
|
|
|
| 40,455.60 |
|
|
| ||
|
|
|
|
|
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|
|
|
|
|
| ||
Class A-4 Current Interest Due |
|
|
|
|
|
|
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|
|
| ||
1 Month LIBOR Rate |
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|
|
|
|
| 2.40250 | % |
|
| ||
Spread for Note |
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|
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|
| 0.30000 | % |
|
| ||
Floating Rate Yield |
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| 2.70250 | % | ACT/360 |
| ||
|
|
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|
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|
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|
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| ||
Class A-4 Current Interest Due |
|
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|
|
|
|
| $ | 468,677.31 |
|
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| |
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|
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| ||
Class A-4 Swap float Rate receipt due |
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| $ | 416,650.23 |
|
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| |
Class A-4 Swap fixed Rate payment due |
| 4.9950 | % | 30/360 |
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| $ | 764,339.06 |
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| |
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|
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Class A-4 Net Swap receipt |
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| 0.00 |
|
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| ||
Class A-4 Past due Net Swap payment |
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|
|
|
| 0.00 |
|
|
| ||
Interest on Class A-4 Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class A-4 Net Swap payment |
|
|
|
|
|
|
| 347,688.83 |
|
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| ||
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|
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Class B Current Interest Due |
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|
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|
|
|
|
| ||
1 Month LIBOR Rate |
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|
|
|
|
|
| 2.40250 | % |
|
| ||
Spread for Note |
|
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|
|
|
|
| 0.97000 | % |
|
| ||
Floating Rate Yield |
|
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| 3.37250 | % | ACT/360 |
| ||
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Class B Current Interest Due |
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| $ | 22,283.14 |
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| |
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| ||
Class B Swap float Rate receipt due |
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|
| $ | 15,874.05 |
|
|
| |
Class B Swap fixed Rate payment due |
| 4.3230 | % | 30/360 |
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| $ | 25,202.98 |
|
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| |
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| ||
Class B Net Swap receipt |
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| 0.00 |
|
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| ||
Class B Past due Net Swap payment |
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|
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| 0.00 |
|
|
| ||
Interest on Class B Past due Net Swap payment |
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|
|
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|
|
| 0.00 |
|
|
| ||
Class B Net Swap payment |
|
|
|
|
|
|
| 9,328.93 |
|
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| ||
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Class C Current Interest Due |
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1 Month LIBOR Rate |
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| 2.40250 | % |
|
| ||
Spread for Note |
|
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|
|
| 1.90000 | % |
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| ||
Floating Rate Yield |
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| 4.30250 | % | ACT/360 |
| ||
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Class C Current Interest Due |
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|
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|
|
| $ | 40,634.72 |
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| |
|
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|
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|
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| ||
Class C Swap float Rate receipt due |
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|
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|
|
| $ | 22,690.28 |
|
|
| |
Class C Swap fixed Rate payment due |
| 4.4675 | % | 30/360 |
|
|
| $ | 37,229.17 |
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| |
|
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|
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|
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| ||
Class C Net Swap receipt |
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| 0.00 |
|
|
| ||
Class C Past due Net Swap payment |
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| 0.00 |
|
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| ||
Interest on Class C Past due Net Swap payment |
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|
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| 0.00 |
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|
| ||
Class C Net Swap payment |
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|
|
|
|
|
| 14,538.89 |
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| ||
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| ||
Net Swap Payments Due |
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|
|
|
|
|
| 412,012.25 |
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| ||
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| ||
A-1 notes Past Due Interest |
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| $ | 0.00 |
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| |
A-2 notes Past Due Interest |
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| $ | 0.00 |
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| |
A-3 notes Past Due Interest |
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| $ | 0.00 |
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| |
A-4 notes Past Due Interest |
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| $ | 0.00 |
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| |
B notes Past Due Interest |
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| $ | 0.00 |
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| |
C notes Past Due Interest |
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| $ | 0.00 |
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| |
|
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|
|
|
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| ||
A-1 notes Interest Due on Past Due Interest |
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|
| $ | 0.00 |
|
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| |
A-2 notes Interest Due on Past Due Interest |
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| $ | 0.00 |
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| |
A-3 notes Interest Due on Past Due Interest |
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| $ | 0.00 |
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| |
A-4 notes Interest Due on Past Due Interest |
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| $ | 0.00 |
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| |
B notes Interest Due on Past Due Interest |
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|
|
| $ | 0.00 |
|
|
| |
3
C notes Interest Due on Past Due Interest |
| $ | 0.00 |
|
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|
|
| |
A-1 notes Total Interest Due |
| $ | 0.00 |
|
A-2 notes Total Interest Due |
| $ | 0.00 |
|
A-3 notes Total Interest Due |
| $ | 81,612.54 |
|
A-4 notes Total Interest Due |
| $ | 468,677.31 |
|
B notes Total Interest Due |
| $ | 22,283.14 |
|
C notes Total Interest Due |
| $ | 40,634.72 |
|
|
|
|
| |
Class A Noteholders’ Monthly Principal Distributable Amount |
| $ | 16,879,818.79 |
|
Class B Noteholders’ Monthly Principal Distributable Amount |
| $ | 617,627.22 |
|
Class C Noteholders’ Monthly Principal Distributable Amount |
| $ | 0.00 |
|
Reallocated Class C Principal Amount |
| $ | 3,090,128.05 |
|
|
|
|
| |
A-1 notes Principal Due |
| $ | 0.00 |
|
A-2 notes Principal Due |
| $ | 0.00 |
|
A-3 notes Principal Due |
| $ | 19,969,946.84 |
|
A-4 notes Principal Due |
| $ | 0.00 |
|
Class B notes Principal Due |
| $ | 617,627.22 |
|
Class C notes Principal Due |
| $ | 0.00 |
|
|
|
|
| |
Total notes Interest Due |
| $ | 613,207.71 |
|
Total notes Principal Due |
| $ | 20,587,574.06 |
|
Net Swap/Termination Payment Due |
| $ | 412,012.25 |
|
Total notes Distributable Amount |
| $ | 21,612,794.02 |
|
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 |
| 1/18/2005 |
|
|
|
Cash Available for Distribution |
|
|
|
|
| |
Total Collections + Reinvestment Income For The Period |
| $ | 21,936,281.49 |
|
|
|
|
|
|
|
|
| |
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 |
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|
|
|
| |
Deposits from Prefunding Account |
|
|
|
|
| |
|
|
|
|
|
| |
Total Cash Available |
| $ | 21,936,281.49 |
|
|
|
|
|
|
| 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 |
|
|
| |
|
|
|
| $ | 21,936,281.49 |
| |
Administration Fee Paid |
| $ | 166.67 |
|
|
| |
Administration Fee Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 21,936,114.82 |
| |
Net Swap Payment Paid |
| $ | 412,012.25 |
|
|
| |
Net Swap Payment Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Remaining Cash Available to Pay Class A Interest & Swap Termination Payment |
|
|
| $ | 21,524,102.57 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Class A Interest |
| $ | 21,524,102.57 |
|
|
| |
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 |
| $ | 81,612.54 |
|
|
| |
Class A-4 notes Interest Paid |
| $ | 468,677.31 |
|
|
| |
|
|
|
|
|
| ||
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 |
| $ | 20,973,812.72 |
|
|
| |
|
|
|
|
|
| ||
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 |
|
|
| $ | 20,973,812.72 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Class B Interest |
| $ | 20,973,812.72 |
|
|
| |
Cash Available to Pay Class B Termination Payment |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class B notes Interest Paid |
| $ | 22,283.14 |
|
|
| |
Class B notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Cash Available to Pay Class B Termination Payment |
| $ | 20,951,529.58 |
|
|
| |
|
|
|
|
|
| ||
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 |
|
|
| $ | 20,951,529.58 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Class C Interest |
| $ | 20,951,529.58 |
|
|
| |
Cash Available to Pay Class C Termination Payment |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class C notes Interest Paid |
| $ | 40,634.72 |
|
|
| |
Class C notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Cash Available to Pay Class C Termination Payment |
| $ | 20,910,894.86 |
|
|
| |
|
|
|
|
|
| ||
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 |
|
|
| |
|
|
|
|
|
| ||
|
|
|
| $ | 20,910,894.86 |
| |
Class A-1 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class A-2 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class A-3 notes Principal Paid |
| $ | 19,969,946.84 |
|
|
| |
Class A-4 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class B notes Principal Paid |
| $ | 617,627.22 |
|
|
| |
5
Class C notes Principal Paid |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 323,320.80 |
| |
Deposits to Spread Account |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 323,320.80 |
| |
Total Principal Balance of Notes and Certificates (End of Period) |
| $ | 212,611,444.64 |
|
|
| |
A-1 notes Ending Principal balance |
| $ | 0.00 |
|
|
| |
A-2 notes Ending Principal balance |
| $ | 0.00 |
|
|
| |
A-3 notes Ending Principal balance |
| $ | 12,608,101.30 |
|
|
| |
A-4 notes Ending Principal balance |
| $ | 183,625,000.00 |
|
|
| |
B notes Ending Principal balance |
| $ | 6,378,343.34 |
|
|
| |
C notes Ending Principal balance |
| $ | 10,000,000.00 |
|
|
| |
|
|
|
|
|
| ||
Servicing Fee Paid (If CNH is the servicer) |
| $ | 194,332.52 |
|
|
| |
Servicing Fee Shortfall |
| $ | 0.00 |
|
|
| |
Release to Seller as Excess |
| $ | 128,988.28 |
| $ | 128,988.28 |
|
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 |
| 1/18/2005 |
|
|
|
|
|
|
|
|
| Amount |
| Factor |
| Per/$1000 |
| |||
Summary and Factors |
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Total Principal Balance of Notes and Certificates (Beginning of Period) |
|
|
|
|
|
|
| $ | 233,199,018.70 |
| 0.2331990 |
| $ | 233.20 |
| |
A-1 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
A-2 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
A-3 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 32,578,048.14 |
| 0.0915065 |
| $ | 91.51 |
| |
A-4 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 183,625,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
| |
B notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 6,995,970.56 |
| 0.2331990 |
| $ | 233.20 |
| |
C notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 10,000,000.00 |
| 0.3076923 |
| $ | 307.69 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Total Principal Balance of Notes and Certificates (End of Period) |
|
|
|
|
|
|
| $ | 212,611,444.64 |
| 0.2126114 |
| $ | 212.61 |
| |
A-1 notes Ending Principal balance |
| 2.0825 | % | $ | 162,400,000.00 |
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
|
A-2 notes Ending Principal balance |
| 3.1300 | % | $ | 235,456,000.00 |
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
|
A-3 notes Ending Principal balance |
| 4.4630 | % | $ | 356,019,000.00 |
|
|
| $ | 12,608,101.30 |
| 0.0354141 |
| $ | 35.41 |
|
A-4 notes Ending Principal balance |
| 5.2950 | % | $ | 183,625,000.00 |
| 93.75 | % | $ | 183,625,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
|
B notes Ending Principal balance |
| 5.2930 | % | $ | 30,000,000.00 |
| 3.00 | % | $ | 6,378,343.34 |
| 0.2126114 |
| $ | 212.61 |
|
C notes Ending Principal balance |
| 6.3675 | % | $ | 32,500,000.00 |
| 3.25 | % | $ | 10,000,000.00 |
| 0.3076923 |
| $ | 307.69 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Class A-1 notes Interest Paid |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-2 notes Interest Paid |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-3 notes Interest Paid |
|
|
|
|
|
|
| $ | 81,612.54 |
| 0.0002292 |
| $ | 0.23 |
| |
Class A-4 notes Interest Paid |
|
|
|
|
|
|
| $ | 468,677.31 |
| 0.0025524 |
| $ | 2.55 |
| |
Class B notes Interest Paid |
|
|
|
|
|
|
| $ | 22,283.14 |
| 0.0007428 |
| $ | 0.74 |
| |
Class C notes Interest Paid |
|
|
|
|
|
|
| $ | 40,634.72 |
| 0.0012503 |
| $ | 1.25 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Class A-1 notes Interest Shortfall |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-2 notes Interest Shortfall |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-3 notes Interest Shortfall |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-4 notes Interest Shortfall |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class B notes Interest Shortfall |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class C notes Interest Shortfall |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Class A-1 notes Principal Paid |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-2 notes Principal Paid |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-3 notes Principal Paid |
|
|
|
|
|
|
| $ | 19,969,946.84 |
| 0.0560924 |
| $ | 56.09 |
| |
Class A-4 notes Principal Paid |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class B notes Principal Paid |
|
|
|
|
|
|
| $ | 617,627.22 |
| 0.0205876 |
| $ | 20.59 |
| |
Class C notes Principal Paid |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Negative Carry Account |
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Negative Carry |
|
|
| 3/27/2002 |
|
|
| 2.743 | % |
|
|
|
| |||
Negative Carry Days Remaining |
|
|
| 9/16/2002 |
|
|
| 0 |
|
|
|
|
| |||
Required Negative Carry Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Beginning Negative Carry Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Negative Carry Account Withdrawals to Distribution Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Negative Carry Released to Seller |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Ending Negative Carry Account Balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Spread Account |
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Required Spread Account Balance |
|
|
| 3.25 | % |
|
| $ | 32,493,318.55 |
|
|
|
|
| ||
Beginning Spread Account Balance |
|
|
| 4.50 | % |
|
| $ | 32,493,318.55 |
|
|
|
|
| ||
Additional Deposit to Spread Account from Pre-funding |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Spread Account Withdrawals to Distribution Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Spread Account Deposits from Excess Cash |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Spread Account Released to Seller |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Ending Spread Account Balance |
|
|
|
|
|
|
| $ | 32,493,318.55 |
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Principal Supplement Account |
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Required Principal Supplement Account Balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Beginning Principal Supplement Account Balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Additional Deposit to Principal Supplement Account from Pre-funding |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Principal Supplement Account Withdrawals to Distribution Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Principal Supplement Account Released to Seller |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Ending Principal Supplement Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Pre-funding Account |
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Beginning Pre-funding Account Balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
New Contract Value Purchased |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Deposits to Spread Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Deposits to Principal Supplement Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Excess Release to Noteholders for Unpurchased Amount |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Ending Pre-funding Account Balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Release to seller |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Total Release to Seller |
|
|
|
|
|
|
| $ | 323,487.47 |
|
|
|
|
| ||
7
