Aames 2000-1
Mortgage Pass-Through Certificates
Prepayment Report forFebruary 26, 2001 Distribution
Prepayment Report - Voluntary Prepayments |
VOLUNTARY PREPAYMENTS | ADJUSTABLE 2 | ADJUSTABLE 1 | FIXED | TOTAL | ||||
Current | ||||||||
Number of Paid in Full Loans | 13 | 16 | 20 | 49 | ||||
Number of Repurchased Loans | - | - | - | - | ||||
Total Number of Loans Prepaid in Full | 13 | 16 | 20 | 49 | ||||
Paid in Full Balance | 1,652,588.69 | 2,028,181.37 | 1,417,664.91 | 5,098,434.97 | ||||
Repurchased Loans Balance | - | - | - | - | ||||
Curtailments Amount | 11,884.66 | 9,325.18 | 38,406.91 | 59,616.75 | ||||
Total Prepayment Amount | 1,664,473.35 | 2,037,506.55 | 1,456,071.82 | 5,158,051.72 | ||||
Cumulative | ||||||||
Number of Paid in Full Loans | 51 | 50 | 100 | 201 | ||||
Number of Repurchased Loans | - | - | - | - | ||||
Total Number of Loans Prepaid in Full | 51 | 50 | 100 | 201 | ||||
Paid in Full Balance | 5,344,639.90 | 5,505,483.11 | 6,536,284.55 | 17,386,407.56 | ||||
Repurchased Loans Balance | - | - | - | - | ||||
Curtailments Amount | 150,071.53 | 26,985.21 | 107,442.14 | 284,498.88 | ||||
Total Prepayment Amount | 5,494,711.43 | 5,532,468.32 | 6,643,726.69 | 17,670,906.44 | ||||
SPACE INTENTIONALLY LEFT BLANK | ||||||||
Total Prepayments by Groups (in thousands of dollars)
Total Prepayments (in thousands of dollars)
Page 18 of 27 | © COPYRIGHT 2001 Deutsche Bank |
Aames 2000-1
Mortgage Pass-Through Certificates
Prepayment Report forFebruary 26, 2001 Distribution
Prepayment Report - Voluntary Prepayments |
VOLUNTARY PREPAYMENT RATES | ADJUSTABLE 2 | ADJUSTABLE 1 | FIXED | TOTAL | ||||
SMM | 1.37% | 1.67% | 0.72% | 1.16% | ||||
3 Months Avg SMM | 1.08% | 1.22% | 0.75% | 0.97% | ||||
12 Months Avg SMM | ||||||||
Avg SMM Since Cut-off | 0.89% | 0.90% | 0.65% | 0.78% | ||||
CPR | 15.26% | 18.32% | 8.28% | 13.02% | ||||
3 Months Avg CPR | 12.24% | 13.67% | 8.63% | 11.01% | ||||
12 Months Avg CPR | ||||||||
Avg CPR Since Cut-off | 10.20% | 10.27% | 7.48% | 8.99% | ||||
PSA | 1091.97% | 1313.54% | 603.66% | 940.36% | ||||
3 Months Avg PSA Approximation | 1022.82% | 1142.49% | 733.29% | 927.34% | ||||
12 Months Avg PSA Approximation | ||||||||
Avg PSA Since Cut-off Approximation | 1022.54% | 1029.58% | 763.68% | 908.78% | ||||
CPR by Groups
Total CPR
PSA by Groups
Total PSA
Page 19 of 27 | © COPYRIGHT 2001 Deutsche Bank |
Aames 2000-1
Mortgage Pass-Through Certificates
Prepayment Report forFebruary 26, 2001 Distribution
Prepayment Report - Voluntary Prepayments |
CPR Avg since Cut-Off by Groups
Total CPR Avg since Cut-Off
PSA Avg since Cut-Off by Groups
Total PSA since Cut-Off
PREPAYMENT CALCULATION METHODOLOGY | ||||||||
Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases)/(Beg Principal Balance - Sched Principal) | ||||||||
Conditional Prepayment Rate (CPR): 1-((1-SMM)/\12) | ||||||||
PSA Standard Prepayment Model: CPR/(0.02*min(30,WAS)) | ||||||||
Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn) * (1-SMMn+1) *...*(1-SMMm)]/\(1/months in period n,m) | ||||||||
Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)/\12) | ||||||||
Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.02*Avg WASn,m)) | ||||||||
Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m) | ||||||||
Weighted Average Seasoning (WAS) | ||||||||
Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments and repurchases. | ||||||||
Dates correspond to distribution dates. | ||||||||
Page 20 of 27 | © COPYRIGHT 2001 Deutsche Bank |