1 CNH EQUIPMENT TRUST 2000-B
2 $107,000,000 Class A-1 6.66% Asset Backed Notes due October 12, 2001
3 $353,000,000 Class A-2 6.87% Asset Backed Notes due February 16, 2004
4 $244,000,000 Class A-3 6.88% Asset Backed Notes due March 15, 2005
5 $231,000,000 Class A-4 6.95% Asset Backed Notes due September 17, 2007
6 $42,500,000 Class B 7.14% Asset Backed Notes due September 17, 2007
7 $22,500,000 7.14% Asset Backed Certificates
8
9 Prepared by: Shawn Ostrowski (262) - 636 - 5284
11 Cutoff Date 5/31/2001
12 Date Added 8/31/2000 8/31/2000 8/31/2000
13 Pool PERIOD POOL 1 POOL 2 POOL 3
14 Scheduled Cashflows 0 373,762.14 1,761,079.05 271,056.78
15 1 909,656.89 6,745,049.27 286,196.85
16 2 3,221,189.38 5,724,978.75 355,496.92
17 3 5,107,059.96 2,599,693.28 326,971.78
18 4 3,331,387.74 2,818,797.00 299,501.17
19 5 1,156,742.29 2,279,317.88 282,305.84
20 6 1,480,178.41 2,610,504.97 325,980.11
21 7 1,430,886.74 3,556,284.39 499,248.10
22 8 1,386,953.80 3,001,607.72 468,452.08
23 9 1,149,090.13 2,446,612.43 387,578.46
24 10 1,106,052.71 2,439,426.34 323,587.37
25 11 995,850.30 3,140,561.25 305,566.15
26 12 922,336.96 4,878,637.96 321,060.26
27 13 993,687.81 7,607,555.62 319,835.53
28 14 3,137,733.05 5,653,400.88 347,694.31
29 15 5,081,269.78 2,441,196.17 308,695.63
30 16 3,151,500.35 2,623,894.14 278,221.56
31 17 1,058,608.54 2,058,734.47 268,349.84
32 18 1,380,997.69 2,364,693.81 312,719.34
33 19 1,331,383.26 3,321,772.79 481,012.39
34 20 1,239,649.06 2,796,539.22 490,548.39
35 21 1,045,158.57 2,140,766.55 389,094.42
36 22 995,363.11 2,229,510.42 269,506.66
37 23 897,197.86 2,906,597.70 240,674.69
38 24 821,993.96 4,603,651.13 298,326.65
39 25 864,005.58 7,232,986.46 268,645.75
40 26 2,931,578.66 5,087,652.21 295,913.55
41 27 4,834,555.27 1,847,815.60 254,382.64
42 28 2,802,944.50 1,943,391.64 220,971.35
43 29 843,267.69 1,429,094.62 201,741.14
44 30 1,131,109.55 1,735,739.26 239,355.62
45 31 1,057,373.91 2,222,945.39 266,000.81
46 32 1,081,064.55 2,055,334.20 355,675.37
47 33 763,167.51 1,520,231.67 256,690.34
48 34 688,581.12 1,597,206.46 163,279.75
49 35 663,844.56 2,089,973.30 128,997.30
50 36 584,665.95 3,078,764.14 194,279.72
51 37 615,756.73 4,768,761.86 145,712.08
52 38 2,105,816.85 3,250,993.82 178,163.49
53 39 3,501,827.29 947,201.87 137,836.04
54 40 2,069,236.11 959,797.50 105,245.50
55 41 475,383.01 635,443.63 96,998.37
56 42 648,876.66 851,850.50 129,400.87
57 43 666,816.75 1,649,855.42 156,495.00
58 44 699,032.96 1,405,704.98 246,845.65
59 45 409,934.95 652,958.99 80,884.89
60 46 345,738.31 830,155.78 81,729.89
61 47 361,701.89 1,012,113.87 31,646.84
62 48 241,886.79 1,981,569.85 55,955.55
63 49 254,730.91 2,950,789.71 70,484.07
64 50 1,355,233.17 1,851,781.77 50,393.88
65 51 2,402,956.58 282,536.61 2,182.44
66 52 1,316,736.20 203,249.19 512.00
67 53 150,252.38 10,262.61 512.00
68 54 204,190.73 145,385.25 38,362.07
69 55 254,330.73 228,257.93 15,433.15
70 56 105,201.71 48,961.49 0.00
71 57 12,786.92 1,918.23 0.00
72 58 869.78 61,508.66 0.00
73 59 869.78 86,293.12 0.00
74 60 869.78 50,897.70 0.00
75 61 869.78 93,591.75 0.00
76 62 183,077.15 0.00 27,509.63
77 63 0.00 0.00 0.00
78 64 0.00 0.00 0.00
79 65 0.00 0.00 0.00
80 66 0.00 0.00 0.00
81 67 0.00 0.00 0.00
82 68 0.00 0.00 0.00
83 69 0.00 0.00 0.00
84 70 0.00 0.00 0.00
85 71 0.00 0.00 0.00
86 72 0.00 0.00 0.00
87 73
88 74
89 75
90 76
91 77
92 78
93
94 Total Amount of Scheduled Cashflow TOTAL 80,336,833.24 141,553,840.23 12,955,918.03
95 Discount Rate 8.629% 8.629% 8.629%
96 Beginning Contract Value 70,138,084.26 128,850,196.63 11,663,424.69
97 Scheduled Contract Value Decline 835,372.49 5,000,206.52 543,277.76
98 Unscheduled Contract Value Decline 581,804.87 1,598,997.37 (157,973.72)
99 Additional Contract Value Added 0.00 0.00 0.00
100 Ending Contract Value 68,720,906.91 122,250,992.74 11,278,120.65
101
=============================================================================================================================
11 Cutoff Date 5/31/2001
12 Date Added 8/31/2000 8/31/2000 9/30/2000 10/31/2000 11/30/2000
13 Pool PERIOD POOL 4 POOL 5 POOL 6 POOL 7 POOL 8
14 Scheduled Cashflows 0 1,051,007.01 737,617.21 248,386.82 117,308.55 287,957.63
15 1 1,677,603.52 476,904.32 589,737.11 478,792.85 504,067.98
16 2 2,357,014.04 600,028.03 920,996.45 380,238.41 775,226.06
17 3 4,761,323.13 466,996.13 530,396.91 506,592.14 2,031,588.37
18 4 21,189,921.10 607,759.20 420,884.70 1,076,121.45 3,189,674.94
19 5 10,399,763.59 469,214.18 671,761.15 437,764.70 740,467.28
20 6 13,212,844.35 1,091,274.36 613,376.56 2,596,968.66 803,433.62
21 7 5,446,693.53 3,437,173.78 227,852.86 6,985,444.92 822,223.69
22 8 2,816,798.98 2,691,813.88 197,920.81 736,345.07 687,444.79
23 9 2,135,264.05 1,716,655.79 117,970.85 495,175.03 722,569.04
24 10 2,885,546.93 2,009,941.28 49,614.45 392,727.81 807,081.56
25 11 2,483,913.28 1,636,298.36 184,687.80 318,334.31 635,538.82
26 12 2,331,861.75 479,263.50 33,805.23 370,823.73 663,218.07
27 13 2,010,326.52 90,220.32 20,059.46 514,456.30 687,801.53
28 14 2,208,551.42 69,399.86 17,901.59 360,848.07 777,172.04
29 15 4,546,446.29 72,411.21 35,980.54 456,239.83 1,911,670.67
30 16 20,032,761.80 58,410.85 0.00 925,109.97 3,025,597.74
31 17 10,121,309.82 19,248.46 60,635.00 414,302.38 698,403.87
32 18 13,098,745.49 280,195.04 0.00 2,534,158.34 737,011.94
33 19 5,434,648.01 215,650.71 13,719.07 6,923,098.82 775,385.69
34 20 2,888,170.64 130,254.06 0.00 718,679.38 642,124.59
35 21 1,996,868.53 98,812.93 0.00 476,021.91 672,096.00
36 22 2,713,766.35 40,177.35 0.00 374,162.42 750,749.74
37 23 2,313,495.58 74,152.82 0.00 299,128.14 581,341.09
38 24 2,173,892.04 0.00 0.00 351,448.96 607,463.36
39 25 1,839,261.30 0.00 0.00 451,959.27 618,303.38
40 26 2,013,907.11 0.00 0.00 324,481.99 721,189.05
41 27 4,283,719.60 0.00 0.00 433,354.75 1,751,338.73
42 28 18,453,382.57 0.00 0.00 826,211.58 2,812,959.93
43 29 9,443,390.00 0.00 0.00 384,414.24 555,679.52
44 30 12,470,715.72 21,995.31 0.00 2,469,874.99 612,986.48
45 31 4,857,761.07 16,251.36 0.00 6,775,624.65 628,009.94
46 32 2,122,995.76 0.00 0.00 645,401.42 505,345.20
47 33 1,501,405.56 0.00 0.00 389,306.38 527,040.08
48 34 2,145,978.42 0.00 0.00 276,674.08 580,329.05
49 35 1,741,581.64 0.00 0.00 213,866.10 454,161.81
50 36 1,590,098.37 0.00 0.00 244,461.42 473,054.00
51 37 1,349,171.52 0.00 0.00 315,779.42 487,681.13
52 38 1,479,484.96 0.00 0.00 221,213.01 580,915.24
53 39 3,219,868.12 0.00 0.00 276,796.69 1,430,878.74
54 40 14,574,787.76 0.00 0.00 640,747.84 2,099,989.28
55 41 7,220,585.11 0.00 0.00 297,336.75 375,240.45
56 42 10,229,094.57 0.00 0.00 2,067,588.68 481,931.61
57 43 3,944,715.64 0.00 0.00 5,819,238.19 447,069.66
58 44 1,404,808.78 0.00 0.00 488,188.63 352,254.88
59 45 817,517.02 0.00 0.00 266,201.28 367,272.13
60 46 1,246,276.91 0.00 0.00 158,834.64 409,491.74
61 47 849,396.71 0.00 0.00 106,501.52 299,796.97
62 48 791,823.94 0.00 0.00 150,135.91 310,268.82
63 49 577,824.49 0.00 0.00 156,444.03 324,935.81
64 50 774,568.81 0.00 0.00 125,784.70 422,882.02
65 51 2,297,372.59 0.00 0.00 182,223.74 1,045,085.44
66 52 11,430,073.19 0.00 0.00 496,242.65 1,501,826.26
67 53 5,368,644.81 0.00 0.00 188,055.65 16,301.49
68 54 7,518,371.82 0.00 0.00 1,845,627.43 82,910.40
69 55 2,300,387.85 0.00 0.00 5,041,622.45 5,827.78
70 56 260,244.43 0.00 0.00 240,565.41 20,570.09
71 57 119,489.58 0.00 0.00 119,142.60 29,011.82
72 58 129,481.75 0.00 0.00 0.00 47,171.14
73 59 38,368.11 0.00 0.00 0.00 5,451.54
74 60 23,657.65 0.00 0.00 0.00 5,042.42
75 61 32,419.60 0.00 0.00 16,961.39 4,909.10
76 62 6,176.12 0.00 0.00 0.00 111,508.98
77 63 119,250.36 0.00 0.00 0.00 0.00
78 64 286,490.02 0.00 0.00 25,751.93 0.00
79 65 148,288.48 0.00 0.00 0.00 0.00
80 66 396,084.06 0.00 0.00 17,531.02 0.00
81 67 0.00 0.00 0.00 253,914.13 0.00
82 68 0.00 0.00 0.00 0.00 0.00
83 69 0.00 0.00 0.00 0.00 0.00
84 70 0.00 0.00 0.00 0.00 0.00
85 71 0.00 0.00 0.00 0.00 0.00
86 72 0.00 0.00 0.00 0.00 0.00
87 73
88 74
89 75
90 76
91 77
92 78
93
94 Total Amount of Scheduled Cashflow TOTAL 283,707,459.63 17,608,120.30 4,955,687.36 62,194,352.71 46,043,932.22
95 Discount Rate 8.629% 8.629% 8.578% 8.423% 8.986%
96 Beginning Contract Value 243,330,350.97 18,072,321.80 5,933,890.37 52,187,424.85 39,791,069.82
97 Scheduled Contract Value Decline 1,556,493.71 2,067,001.94 1,366,013.67 (212,876.21) 800,945.67
98 Unscheduled Contract Value Decline 3,085,572.27 (625,816.80) (233,156.16) 723,982.68 99,741.17
99 Additional Contract Value Added 0.00 0.00 0.00 0.00 0.00
100 Ending Contract Value 238,688,284.98 16,631,136.66 4,801,032.86 51,676,318.38 38,890,382.98
101
===========================================================================================================================
11 Cutoff Date 5/31/2001
12 Date Added 11/30/2000 11/30/2000 11/30/2000 12/31/2000 12/31/2000
13 Pool PERIOD POOL 9 POOL 10 POOL 11 POOL 12 POOL 13
14 Scheduled Cashflows 0 321,118.59 3,688,681.79 322,989.63 164,277.69 127,094.62
15 1 475,397.44 6,234,388.35 299,019.49 233,002.63 198,731.38
16 2 482,986.37 6,718,874.53 458,421.76 330,043.09 298,822.77
17 3 436,158.87 5,805,795.73 563,931.60 336,069.57 260,022.73
18 4 1,663,415.72 3,251,474.97 1,923,475.72 354,387.71 246,300.02
19 5 1,138,691.96 3,453,861.34 2,467,915.32 1,644,040.37 262,177.75
20 6 951,729.84 3,913,177.12 447,275.73 1,980,083.88 1,730,582.45
21 7 476,063.35 4,424,223.73 507,469.79 365,090.44 823,035.07
22 8 72,887.58 3,670,395.48 481,354.13 328,761.72 245,068.71
23 9 75,389.67 3,456,694.63 488,407.07 324,618.47 219,788.78
24 10 64,501.91 3,386,854.19 582,608.75 323,510.75 214,308.72
25 11 103,711.74 4,542,707.05 533,614.07 373,585.46 237,472.75
26 12 1,178.75 7,233,424.42 398,826.68 375,845.15 290,501.99
27 13 18,310.64 8,830,462.23 432,703.07 318,276.41 272,569.89
28 14 1,178.75 6,713,969.66 445,812.79 326,364.46 298,477.50
29 15 7,445.33 5,638,773.27 524,172.85 337,565.97 257,676.07
30 16 72,856.32 3,098,767.15 1,837,036.40 344,109.82 240,894.13
31 17 163,586.40 3,292,160.11 2,372,792.33 1,618,351.92 260,469.63
32 18 12,682.54 3,710,114.57 411,125.88 1,975,069.36 1,705,239.02
33 19 0.00 4,199,515.83 478,080.46 355,219.60 809,254.76
34 20 0.00 3,457,645.19 437,969.88 318,736.17 225,237.57
35 21 0.00 3,254,189.00 460,534.52 313,686.18 200,177.46
36 22 0.00 3,167,101.46 539,033.42 312,974.31 194,777.65
37 23 0.00 4,325,626.42 475,311.19 354,252.63 216,157.74
38 24 0.00 6,707,437.94 364,347.03 358,323.67 269,536.80
39 25 0.00 8,259,507.35 395,062.57 296,026.60 237,017.96
40 26 0.00 5,935,356.49 386,193.93 303,905.90 264,413.56
41 27 0.00 4,868,541.41 443,929.56 295,218.64 220,651.97
42 28 0.00 2,325,995.77 1,730,061.04 332,941.94 206,830.19
43 29 0.00 2,531,284.94 2,134,885.88 1,548,417.16 228,988.58
44 30 0.00 2,895,778.97 336,633.63 1,872,184.75 1,569,471.02
45 31 0.00 3,346,955.19 395,383.56 281,331.81 686,110.66
46 32 0.00 2,850,601.56 357,979.33 258,329.65 179,531.81
47 33 0.00 2,502,795.30 399,247.40 252,244.35 150,913.67
48 34 0.00 2,457,040.99 433,920.28 252,793.54 144,688.50
49 35 0.00 3,338,959.70 394,926.54 270,894.34 158,001.73
50 36 0.00 5,080,333.65 300,614.12 287,915.81 197,634.03
51 37 0.00 6,542,093.74 326,359.49 231,888.96 183,225.97
52 38 0.00 4,454,855.53 317,346.53 243,784.80 204,036.12
53 39 0.00 3,563,120.80 354,079.59 229,512.95 171,941.39
54 40 0.00 1,643,989.93 1,445,827.55 230,838.13 159,777.57
55 41 0.00 1,739,429.08 1,734,099.43 1,273,527.33 196,060.98
56 42 0.00 1,982,562.36 237,398.06 1,380,427.55 1,321,144.58
57 43 0.00 2,433,340.15 286,145.53 199,538.73 506,849.17
58 44 0.00 1,865,889.81 255,852.53 186,291.79 130,493.32
59 45 0.00 1,739,351.45 245,582.94 183,246.18 95,963.42
60 46 0.00 1,710,525.69 327,770.26 180,190.48 94,998.79
61 47 0.00 2,346,013.77 273,289.17 181,391.76 109,123.30
62 48 0.00 3,358,541.33 202,002.75 192,131.57 127,863.87
63 49 0.00 4,145,926.16 224,306.07 161,810.40 129,878.53
64 50 0.00 2,417,639.94 213,484.84 161,504.91 95,423.55
65 51 0.00 1,645,971.31 281,706.21 157,964.91 115,787.13
66 52 0.00 91,730.20 1,007,236.30 154,595.81 293,264.49
67 53 0.00 34,363.43 1,372,915.13 972,937.43 103,793.71
68 54 0.00 91,703.25 26,290.18 1,046,733.01 1,151,652.56
69 55 0.00 169,415.70 41,213.41 37,333.23 291,828.48
70 56 0.00 58,004.47 46,145.31 27,051.25 2,300.83
71 57 0.00 50,948.58 50,489.14 20,002.26 2,300.83
72 58 0.00 172,983.63 19,297.23 28,376.37 2,300.83
73 59 0.00 172,154.51 28,141.41 9,576.69 2,300.83
74 60 0.00 187,710.15 19,297.23 20,246.06 2,300.83
75 61 0.00 139,936.22 19,297.23 9,185.84 2,300.83
76 62 0.00 4,090.57 19,058.80 9,185.84 2,300.83
77 63 0.00 0.00 70,989.36 9,185.84 2,300.83
78 64 0.00 0.00 122,829.96 9,185.84 2,300.83
79 65 0.00 0.00 193,207.15 21,369.94 2,305.63
80 66 0.00 0.00 0.00 31,482.37 175,191.06
81 67 0.00 0.00 0.00 0.00 36,736.74
82 68 0.00 0.00 0.00 0.00 0.00
83 69 0.00 0.00 0.00 0.00 0.00
84 70 0.00 0.00 0.00 0.00 0.00
85 71 0.00 0.00 0.00 0.00 0.00
86 72 0.00 0.00 0.00 0.00 0.00
87 73
88 74
89 75
90 76
91 77
92 78
93
94 Total Amount of Scheduled Cashflow TOTAL 6,539,291.77 205,331,759.24 35,724,726.19 27,918,950.15 20,066,677.47
95 Discount Rate 8.986% 8.986% 8.986% 8.923% 8.923%
96 Beginning Contract Value 6,921,026.39 183,785,132.80 30,769,337.13 23,908,821.73 17,062,268.22
97 Scheduled Contract Value Decline 805,892.10 7,690,990.18 657,766.56 402,760.65 291,956.38
98 Unscheduled Contract Value Decline (193,430.21) 1,407,102.45 229,929.32 212,682.03 92,240.22
99 Additional Contract Value Added 0.00 0.00 0.00 0.00 0.00
100 Ending Contract Value 6,308,564.50 174,687,040.17 29,881,641.24 23,293,379.05 16,678,071.62
101
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102 CNH EQUIPMENT TRUST 2000-B
103 $107,000,000 Class A-1 6.66% Asset Backed Notes due October 12, 2001
104 $353,000,000 Class A-2 6.87% Asset Backed Notes due February 16, 2004
105 $244,000,000 Class A-3 6.88% Asset Backed Notes due March 15, 2005
106 $231,000,000 Class A-4 6.95% Asset Backed Notes due September 17, 2007
107 $42,500,000 Class B 7.14% Asset Backed Notes due September 17, 2007
108 $22,500,000 7.14% Asset Backed Certificates
109
110
111 Scheduled Payment Date 9/21/2000 6/15/2001
112 Actual Payment Date 9/21/2000 6/15/2001
113 Collection Period Begin Date 5/1/2001
114 Collection Period End Date 5/31/2001
115 Days in accrual period (30/360) 30
116 Days in accrual period (act/360) 31
117
118
119 Collateral Summary
120 Wtd. Average Discount Rate 8.741%
121 Beginning Contract Value 832,413,349.65
122 Scheduled Contract Value Decline 21,805,801.40
123 Unscheduled Contract Value Decline 6,821,675.48
124 Additional Contract Value Purchased 0.00
125 Ending Contract Value 803,785,872.77
126
127 Beginning Pre-funding Account Balance 0.00
128 Ending Pre-funding Account Balance 0.00
129
130 Total Beginning Balance (Pool Balance + Pre-funding Account Balance) 832,413,349.65
131 Total Ending Balance (Pool Balance + Pre-funding Account Balance) 803,785,872.77
132
133 Collateral Performance
134 Scheduled Amounts 30 - 59 days past due $1,753,222.59 0.22%
135 Scheduled Amounts 60 days or more past due $408,583.30 0.05%
136 Net Losses on Liquidated Receivables $218,400.63 0.03%
137 Cumulative Net Losses $1,466,104.12
138 Number of Loans at Beginning of Period 37,264
139 Number of Loans at End of Period 36,450
140 Repossessed Equipment not Sold or Reassigned (Beginning) $1,518,921.90
141 Repossessed Equipment not Sold or Reassigned (End) $1,832,211.65
142
143 Collections and Reinvestment Income
144 Receipts During the period $33,537,501.83
145
146 Warranty Repurchases
147 Contracts deferred beyond Final Scheduled Maturity Date $0.00
148 Government obligors $0.00
149 Total Warranty Repurchases $0.00
150
151 Total Collections For The Period $33,537,501.83
152
153 Reinvestment Income (excluding Pre-funding Account) $173,200.92
154 Reinvestment Income on Pre-funding Account) $0.00
155
156 Total Collections + Reinvestment Income For The Period $33,710,702.75
157
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158 CNH EQUIPMENT TRUST 2000-B
159 $107,000,000 Class A-1 6.66% Asset Backed Notes due October 12, 2001
160 $353,000,000 Class A-2 6.87% Asset Backed Notes due February 16, 2004
161 $244,000,000 Class A-3 6.88% Asset Backed Notes due March 15, 2005
162 $231,000,000 Class A-4 6.95% Asset Backed Notes due September 17, 2007
163 $42,500,000 Class B 7.14% Asset Backed Notes due September 17, 2007
164 $22,500,000 7.14% Asset Backed Certificates
165
166 Actual Payment Date 6/15/2001
167
168 Calculation of Distributable Amounts
169
170 Current Servicing Fee Due 1.000% $693,677.79
171 Past Due Servicing Fee $0.00
172 Total Servicing Fee Due $693,677.79
173
174 Current Administration Fee Due $500.00 $166.67
175 Past Due Administration Fee $0.00
176 Total Administration Fee Due $166.67
177
178 Total Principal Balance of Notes and Certificates (Beginning of Period) $832,413,349.65
179 A-1 notes Beginning Principal balance $0.00
180 A-2 notes Beginning Principal balance $299,535,782.29
181 A-3 notes Beginning Principal balance $244,000,000.00
182 A-4 notes Beginning Principal balance $231,000,000.00
183 B notes Beginning Principal balance $35,377,567.36
184 Certificate Beginning Principal balance $22,500,000.00
185
186 A-1 notes Current Interest Due 6.660% act/360 $0.00
187 A-2 notes Current Interest Due 6.870% 30/360 $1,714,842.35
188 A-3 notes Current Interest Due 6.880% 30/360 $1,398,933.33
189 A-4 notes Current Interest Due 6.950% 30/360 $1,337,875.00
190 B notes Current Interest Due 7.140% 30/360 $210,496.53
191 Certificate Current Interest Due 7.140% 30/360 $133,875.00
192
193 A-1 notes Past Due Interest $0.00
194 A-2 notes Past Due Interest $0.00
195 A-3 notes Past Due Interest $0.00
196 A-4 notes Past Due Interest $0.00
197 B notes Past Due Interest $0.00
198 Certificate Past Due Interest $0.00
199
200 A-1 notes Interest Due on Past Due Interest $0.00
201 A-2 notes Interest Due on Past Due Interest $0.00
202 A-3 notes Interest Due on Past Due Interest $0.00
203 A-4 notes Interest Due on Past Due Interest $0.00
204 B notes Interest Due on Past Due Interest $0.00
205 Certificate Interest Due on Past Due Interest $0.00
206
207 A-1 notes Total Interest Due $0.00
208 A-2 notes Total Interest Due $1,714,842.35
209 A-3 notes Total Interest Due $1,398,933.33
210 A-4 notes Total Interest Due $1,337,875.00
211 B notes Total Interest Due $210,496.53
212 Certificate Total Interest Due $133,875.00
213
214 A-1 notes Principal Due $0.00
215 A-2 notes Principal Due $27,410,809.12
216 A-3 notes Principal Due $0.00
217 A-4 notes Principal Due $0.00
218 Class B notes Principal Due $1,216,667.76
219 Certificate Principal Due $0.00
220
221 Total notes Interest Due $4,662,147.21
222 Total notes Principal Due $28,627,476.88
223 Total notes Distributable Amount $33,289,624.09
224
================================================================== ===================================
225 CNH Equipment Trust 2000-B
226 $107,000,000 Class A-1 6.66% Asset Backed Notes due October 12, 2001
227 $353,000,000 Class A-2 6.87% Asset Backed Notes due February 16, 2004
228 $244,000,000 Class A-3 6.88% Asset Backed Notes due March 15, 2005
229 $231,000,000 Class A-4 6.95% Asset Backed Notes due September 17, 2007
230 $42,500,000 Class B 7.14% Asset Backed Notes due September 17, 2007
231 $22,500,000 7.14% Asset Backed Certificates
232
233 Actual Payment Date 6/15/2001
234
235 Cash Available for Distribution
236 Total Collections + Reinvestment Income For The Period $33,710,702.75
237
238 Beginning Negitive Carry Account $0.00
239 Deposits from Negitive Carry Account to Distribution Account $0.00
240
239 Beginning Spread Account Balance $20,000,000.28
246 Additional Deposit to Spread Account from Pre-funding $0.00
243 Deposits from Spread Account to Distribution Account $0.00
244
239 Beginning Principal Supplement Account $0.00
246 Deposits from Principal Supplement Account to Distribution Account $0.00
247
248 Total Cash Available $33,710,702.75
249
250 Cash Allocation (Cashflow Waterfall) AVAILABLE
251 CASH
----
252 Is CNH the servicier YES
253 Servicing Fee Paid (If CNH is not the servicer) $0.00
254 Servicing Fee Shortfall $0.00
255 $33,710,702.75
256 Administration Fee Paid $166.67
257 Administration Fee Shortfall $0.00
256 $33,710,536.08
259 Class A-1 notes Interest Paid $0.00
260 Class A-2 notes Interest Paid $1,714,842.35
261 Class A-3 notes Interest Paid $1,398,933.33
262 Class A-4 notes Interest Paid $1,337,875.00
263 $29,258,885.40
264 Class A-1 notes Interest Shortfall $0.00
265 Class A-2 notes Interest Shortfall $0.00
266 Class A-3 notes Interest Shortfall $0.00
267 Class A-4 notes Interest Shortfall $0.00
268
269 Class B notes Interest Paid $210,496.53
270 Class B notes Interest Shortfall $0.00
271 $29,048,388.87
272 Class A-1 notes Principal Paid $0.00
273 Class A-2 notes Principal Paid $27,410,809.12
274 Class A-3 notes Principal Paid $0.00
275 Class A-4 notes Principal Paid $0.00
276 Class B notes Principal Paid $1,216,667.76
277 $420,911.99
278 Deposits to Spread Account $0.00
279 $420,911.99
280 Certificate Interest Paid $133,875.00
281 Certificate Interest Shortfall $0.00
282 $287,036.99
283 Certificate Principal Paid $0.00
284 $287,036.99
285 Total Principal Balance of Notes and Certificates (End of Period) $803,785,872.77
286 A-1 notes Ending Principal balance $0.00
287 A-2 notes Ending Principal balance $272,124,973.17
288 A-3 notes Ending Principal balance $244,000,000.00
289 A-4 notes Ending Principal balance $231,000,000.00
290 B notes Ending Principal balance $34,160,899.60
291 Certificate Ending Principal balance $22,500,000.00
292
293 Servicing Fee Paid (If CNH is the servicer) $287,036.99
294 Servicing Fee Shortfall $406,640.80
295 Release to Seller as Excess $0.00 $0.00
296
================================================================== ===================================
297 CNH EQUIPMENT TRUST 2000-B
298 $107,000,000 Class A-1 6.66% Asset Backed Notes due October 12, 2001
299 $353,000,000 Class A-2 6.87% Asset Backed Notes due February 16, 2004
300 $244,000,000 Class A-3 6.88% Asset Backed Notes due March 15, 2005
301 $231,000,000 Class A-4 6.95% Asset Backed Notes due September 17, 2007
302 $42,500,000 Class B 7.14% Asset Backed Notes due September 17, 2007
303 $22,500,000 7.14% Asset Backed Certificates
304
305 Actual Payment Date 6/15/2001
306
307 Summary and Factors AMOUNT FACTOR PER/$1000
------ ------ ---------
308 Total Principal Balance of Notes and Certificates (Beginning of Period) $832,413,349.65 0.8324133 $832.41
309 A-1 notes Beginning Principal balance $0.00 0.0000000 $0.00
310 A-2 notes Beginning Principal balance $299,535,782.29 0.8485433 $848.54
311 A-3 notes Beginning Principal balance $244,000,000.00 1.0000000 $1,000.00
312 A-4 notes Beginning Principal balance $231,000,000.00 1.0000000 $1,000.00
313 B notes Beginning Principal balance $35,377,567.36 0.8324133 $832.41
314 Certificate Beginning Principal balance $22,500,000.00 1.0000000 $1,000.00
315
316 Total Principal Balance of Notes and Certificates (End of Period) $803,785,872.77 0.8037859 $803.79
317 A-1 notes Ending Principal balance $107,000,000.00 $0.00 0.0000000 $0.00
318 A-2 notes Ending Principal balance $353,000,000.00 $272,124,973.17 0.7708923 $770.89
319 A-3 notes Ending Principal balance $244,000,000.00 $244,000,000.00 1.0000000 $1,000.00
320 A-4 notes Ending Principal balance $231,000,000.00 93.50% $231,000,000.00 1.0000000 $1,000.00
321 B notes Ending Principal balance $42,500,000.00 4.25% $34,160,899.60 0.8037859 $803.79
322 Certificate Ending Principal balance $22,500,000.00 2.25% $22,500,000.00 1.0000000 $1,000.00
323
324 Class A-1 notes Interest Paid $0.00 0.0000000 $0.00
325 Class A-2 notes Interest Paid $1,714,842.35 0.0048579 $4.86
326 Class A-3 notes Interest Paid $1,398,933.33 0.0057333 $5.73
327 Class A-4 notes Interest Paid $1,337,875.00 0.0057917 $5.79
328 Class B notes Interest Paid $210,496.53 0.0049529 $4.95
329 Certificate Interest Paid $133,875.00 0.0059500 $5.95
330
331 Class A-1 notes Interest Shortfall $0.00 0.0000000 $0.00
332 Class A21 notes Interest Shortfall $0.00 0.0000000 $0.00
333 Class A-3 notes Interest Shortfall $0.00 0.0000000 $0.00
334 Class A-4 notes Interest Shortfall $0.00 0.0000000 $0.00
335 Class B notes Interest Shortfall $0.00 0.0000000 $0.00
336 Certificate Interest Shortfall $0.00 0.0000000 $0.00
337
338 Class A-1 notes Principal Paid $0.00 0.0000000 $0.00
339 Class A-2 notes Principal Paid $27,410,809.12 0.0776510 $77.65
340 Class A-3 notes Principal Paid $0.00 0.0000000 $0.00
341 Class A-4 notes Principal Paid $0.00 0.0000000 $0.00
342 Class B notes Principal Paid $1,216,667.76 0.0286275 $28.63
343 Certificate Principal Paid $0.00 0.0000000 $0.00
344
345 Negitive Carry Account
346 Negitive Carry 4.285%
347 Negitive Carry Days Remaining 3/15/2001 0
348 Required Negitive Carry Account $0.00
349 Beginning Negitive Carry Account $0.00
350 Negitive Carry Account Withdrawls to Distribution Account $0.00
351 Negitive Carry Released to Seller $0.00
352 Ending Negitive Carry Account Balance $0.00
353
354 Spread Account
355 Required Spread Account Balance 2.00% $20,000,000.28
356 Beginning Spread Account Balance $20,000,000.28
357 Additional Deposit to Spread Account from Pre-funding $0.00
358 Spread Account Withdrawls to Distribution Account $0.00
359 Spread Account Deposits from Excess Cash $0.00
360 Spread Account Released to Seller $0.00
361 Ending Spread Account Balance $20,000,000.28
362
363 Principal Supplement Account
364 Required Principal Supplement Account Balance $0.00
365 Beginning Principal Supplement Account Balance $0.00
366 Additional Deposit to Principal Supplement Account from Pre-funding $0.00
367 Principal Supplement Account Withdrawls to Distribution Account $0.00
368 Principal Supplement Account Released to Seller $0.00
369 Ending Principal Supplement Account $0.00
370
371 Pre-Funding Account
372 Beginning Pre-funding Account Balance $0.00
373 New Contract Value Purchased $0.00
374 Deposits to Spread Account $0.00
375 Deposits to Principal Supplement Account $0.00
376 Ending Pre-funding Account Balance $0.00
377 Release to seller $0.00
378
379 Total Release to Seller $287,203.66
CNH EQUIPMENT TRUST 2001-A
$135,750,000 Class A-1 4.035% Asset Backed Notes due May 15, 2002
$273,000,000 Class A-2 4.162% Asset Backed Notes due September 15, 2004
$212,000,000 Class A-3 4.580% Asset Backed Notes due November 15, 2005
$220,750,000 Class A-4 5.380% Asset Backed Notes due August 15, 2007
$38,250,000 Class B 5.730% Asset Backed Notes due May 15, 2008
$20,250,000 5.730% Asset Backed Certificates
Prepared by: Kathy Aber (262) - 636 - 7706
--------------------------------------------------------------------------
Cutoff Date 5/31/2001
--------------------------------------------------------------------------
Date Added 4/30/2001 4/30/2001 4/30/2001
--------------------------------------------------------------------------
Pool PERIOD POOL 1 POOL 2 POOL 3
--------------------------------------------------------------------------
Scheduled Cashflows 0 131,885.91 722,946.68 311,223.97
1 691,119.34 2,524,211.33 739,543.97
2 980,116.16 3,879,410.92 939,141.22
3 1,000,282.72 3,822,294.81 954,564.77
4 1,522,219.66 6,698,080.61 1,155,994.96
5 1,452,733.15 3,556,088.98 1,171,864.12
6 1,080,281.88 8,697,399.08 1,003,068.08
7 1,661,638.20 16,131,878.58 1,124,646.85
8 1,468,477.42 15,004,741.18 958,481.45
9 1,189,957.80 12,211,508.66 935,859.30
10 3,627,445.62 9,648,902.77 2,649,128.84
11 7,355,867.47 3,321,717.93 2,741,975.34
12 1,131,174.34 3,050,363.80 919,903.08
13 918,166.19 3,224,791.34 946,032.57
14 914,953.55 3,743,310.30 951,130.52
15 991,083.64 3,552,232.55 900,982.61
16 1,307,566.66 5,766,836.84 1,133,978.84
17 1,265,754.62 3,303,810.08 1,084,538.68
18 1,007,302.96 8,401,183.26 961,606.01
19 1,585,368.46 15,805,536.21 1,061,978.83
20 1,399,065.99 14,537,578.65 926,563.32
21 1,110,620.28 11,573,586.75 910,341.36
22 3,487,519.16 9,205,694.01 2,505,496.98
23 7,069,347.04 3,070,803.30 2,552,845.73
24 1,028,128.91 2,752,768.41 828,571.89
25 815,519.06 2,845,814.94 856,827.05
26 804,906.70 3,254,806.27 830,211.44
27 852,235.12 3,196,259.82 801,022.03
28 1,155,801.86 5,120,762.21 1,022,566.80
29 1,075,127.33 2,959,929.00 948,437.76
30 917,546.44 8,197,627.82 828,913.99
31 1,391,273.03 14,959,518.48 934,586.89
32 1,289,137.70 13,633,650.75 839,870.58
33 1,013,061.72 10,637,531.79 824,568.16
34 3,303,604.42 8,248,431.09 2,201,147.77
35 6,680,157.71 2,168,964.26 2,319,138.03
36 802,865.94 1,927,132.04 632,779.61
37 594,121.77 1,942,056.07 657,224.36
38 548,532.91 2,258,088.18 628,026.08
39 586,664.61 2,107,318.51 608,841.70
40 777,383.36 3,659,839.45 830,408.05
41 718,465.82 2,058,313.02 745,927.54
42 646,675.41 6,389,468.75 648,031.43
43 1,073,876.23 12,005,364.59 681,687.38
44 979,679.59 10,297,265.43 639,865.19
45 745,891.31 7,317,314.36 612,884.46
46 2,053,244.63 5,414,392.55 1,603,061.56
47 4,295,449.29 1,096,915.36 1,756,088.88
48 407,113.43 925,141.68 392,606.58
49 308,134.76 960,625.45 408,337.26
50 253,645.55 1,212,575.76 380,948.92
51 290,462.59 1,042,052.18 374,445.06
52 372,316.79 2,158,150.68 498,394.07
53 321,649.31 1,064,935.33 471,651.72
54 325,119.40 4,956,872.93 396,092.39
55 890,519.12 10,016,569.00 853,186.74
56 408,718.17 8,555,968.07 389,680.35
57 389,535.68 4,683,594.18 386,273.33
58 1,311,204.58 3,017,302.95 1,137,061.88
59 2,763,278.38 121,394.65 1,112,351.71
60 120,592.76 35,323.01 20,912.10
61 20,511.89 21,040.56 28,719.10
62 15,328.03 55,723.16 17,322.46
63 7,480.71 34,333.48 17,322.46
64 7,480.37 21,903.01 62,393.77
65 6,585.55 1,859.43 39,129.80
66 21,371.54 174,873.10 16,292.45
67 37,211.37 397,889.57 222,324.15
68 6,585.55 265,875.97 16,292.45
69 38,085.16 121,364.99 18,510.41
70 34,410.13 212,419.70 85,515.94
71 123,550.53 0.00 75,147.71
72 0.00 0.00 134.54
73 0.00 0.00 0.00
74 0.00 0.00 0.00
75 0.00 0.00 0.00
76 0.00 0.00 0.00
77 0.00 0.00 0.00
78 0.00 0.00 0.00
Total Amount of Scheduled Cashflow TOTAL 86,980,190.44 345,962,230.61 60,242,627.38
Discount Rate 8.351% 8.351% 8.351%
Beginning Contract Value 73,836,008.75 294,947,226.67 51,511,649.07
Scheduled Contract Value Decline 502,994.56 1,715,681.91 563,304.61
Unscheduled Contract Value Decline 696,391.02 3,721,247.74 647,416.19
Additional Contract Value Added 0.00 0.00 0.00
Ending Contract Value 72,636,623.16 289,510,297.02 50,300,928.27
--------------------------------------------------------------------------
Cutoff Date 5/31/2001
--------------------------------------------------------------------------
Date Added 4/30/2001 5/31/2001 5/31/2001
--------------------------------------------------------------------------
Pool PERIOD POOL 4 POOL 5 POOL 6
--------------------------------------------------------------------------
Scheduled Cashflows 0 804,517.33 130,112.11 0.00
1 1,894,889.51 670,351.47 927,737.85
2 2,948,157.09 989,652.78 1,258,741.90
3 2,921,812.91 1,057,257.51 1,284,149.25
4 3,227,874.02 1,103,649.02 1,289,225.13
5 2,964,755.75 1,241,382.42 1,499,433.48
6 4,101,518.87 1,422,443.36 1,601,068.75
7 5,470,950.11 1,819,629.16 1,505,498.73
8 5,790,374.71 1,172,263.52 1,319,799.46
9 5,344,435.60 1,071,266.46 1,280,557.81
10 4,487,777.40 1,176,827.87 1,240,439.97
11 2,515,707.43 4,710,751.47 3,676,530.46
12 2,620,029.10 6,244,790.51 3,986,943.18
13 2,711,111.94 964,002.96 1,241,487.05
14 2,810,272.81 877,132.59 1,249,057.37
15 2,840,904.99 968,209.82 1,264,431.49
16 3,025,135.48 986,420.74 1,270,129.23
17 2,848,581.48 1,055,827.77 1,472,691.71
18 3,871,034.90 1,290,060.46 1,564,805.88
19 5,314,728.90 1,723,099.03 1,476,594.89
20 5,566,959.96 1,059,799.12 1,293,468.29
21 5,086,348.69 962,734.05 1,254,805.27
22 4,039,050.21 1,071,630.85 1,217,656.79
23 2,254,539.80 4,597,951.11 3,551,037.76
24 2,369,039.30 5,947,716.46 3,811,640.55
25 2,431,668.13 907,068.60 1,167,477.19
26 2,495,024.20 816,706.83 1,173,476.24
27 2,469,554.92 909,396.54 1,185,530.12
28 2,719,819.65 917,118.60 1,207,070.00
29 2,524,707.11 952,653.10 1,371,046.29
30 3,494,550.84 1,202,514.96 1,459,330.43
31 4,656,363.92 1,546,347.11 1,503,628.90
32 4,862,705.71 992,479.62 1,219,597.79
33 4,373,126.85 874,871.64 1,178,098.96
34 3,364,333.61 1,017,049.72 1,142,027.03
35 1,701,626.15 4,478,573.32 3,297,492.19
36 1,801,665.46 5,744,672.49 3,457,033.28
37 1,834,368.36 730,945.98 866,659.82
38 1,843,866.76 611,817.66 863,854.22
39 1,842,972.57 599,132.16 877,338.92
40 2,052,410.95 694,967.79 908,401.23
41 1,950,004.33 638,417.77 1,048,164.74
42 2,838,425.46 917,518.62 1,118,371.79
43 3,456,041.50 1,475,491.79 1,049,521.56
44 3,584,192.67 742,870.01 910,719.16
45 3,108,287.11 646,554.06 904,967.43
46 2,341,690.34 783,483.21 890,819.42
47 1,012,180.76 3,089,452.65 2,446,416.12
48 1,074,034.82 3,707,087.44 2,474,266.02
49 1,114,734.94 393,436.61 592,621.16
50 1,109,265.22 351,278.93 605,147.23
51 1,130,052.13 349,661.01 608,174.13
52 1,250,706.35 384,859.39 642,563.89
53 1,375,792.55 347,183.88 708,801.01
54 1,774,625.62 577,543.31 793,332.56
55 1,997,560.37 737,739.78 730,421.70
56 2,168,810.71 451,940.49 616,776.47
57 1,724,951.00 368,539.81 633,283.25
58 1,125,970.96 426,857.41 580,596.13
59 49,097.08 2,047,006.08 1,770,492.90
60 47,390.79 2,641,075.78 1,626,821.60
61 66,486.89 82,934.98 50,507.65
62 60,134.40 25,574.93 69,637.08
63 441,892.73 8,083.85 53,556.25
64 112,900.97 31,004.82 85,534.09
65 139,345.87 10,002.89 58,895.83
66 124,016.66 1,503.23 97,549.27
67 203,141.52 38,878.24 93,052.23
68 237,811.47 1,503.23 80,928.60
69 185,155.66 1,503.23 78,421.76
70 154,049.78 1,503.23 44,047.39
71 0.00 10,795.06 91,641.51
72 0.00 55,226.37 140,675.12
73 0.00 0.00 0.00
74 0.00 0.00 0.00
75 0.00 0.00 0.00
76 0.00 0.00 0.00
77 0.00 0.00 0.00
78 0.00 0.00 0.00
Total Amount of Scheduled Cashflow TOTAL 168,258,024.14 88,657,790.83 86,112,719.91
Discount Rate 8.351% 7.404% 7.404%
Beginning Contract Value 144,791,157.44 0.00 0.00
Scheduled Contract Value Decline 1,402,493.26 0.00 0.00
Unscheduled Contract Value Decline 1,578,109.72 0.00 0.00
Additional Contract Value Added 0.00 74,980,351.41 72,809,972.44
Ending Contract Value 141,810,554.46 74,980,351.41 72,809,972.44
2001-a Page 1
CNH EQUIPMENT TRUST 2001-A
$135,750,000 Class A-1 4.035% Asset Backed Notes due May 15, 2002
$273,000,000 Class A-2 4.162% Asset Backed Notes due September 15, 2004
$212,000,000 Class A-3 4.580% Asset Backed Notes due November 15, 2005
$220,750,000 Class A-4 5.380% Asset Backed Notes due August 15, 2007
$38,250,000 Class B 5.730% Asset Backed Notes due May 15, 2008
$20,250,000 5.730% Asset Backed Certificates
Settlement Date 5/22/2001
Scheduled Payment Date 6/15/2001 6/15/2001
Actual Payment Date 6/15/2001 6/15/2001
Collection Period Begin Date 5/1/2001
Collection Period End Date 5/31/2001
Days in accrual period (30/360) 23
Days in accrual period (act/360) 24
1 month LIBOR Rate 4.0900%
COLLATERAL SUMMARY
Wtd. Average Discount Rate 8.152%
Beginning Contract Value 565,086,041.92
Scheduled Contract Value Decline 4,184,474.34
Unscheduled Contract Value Decline 6,643,164.68
Additional Contract Value Purchased 147,790,323.85
Ending Contract Value 702,048,726.75
Beginning Pre-funding Account Balance 334,913,958.08
Ending Pre-funding Account Balance 187,123,634.23
Total Beginning Balance (Pool Balance + Pre-funding Account Balance) 900,000,000.00
Total Ending Balance (Pool Balance + Pre-funding Account Balance) 889,172,360.97
COLLATERAL PERFORMANCE
Scheduled Amounts 30 - 59 days past due $302,127.94 0.04%
Scheduled Amounts 60 days or more past due $20,398.40 0.00%
Net Losses on Liquidated Receivables $95,778.03 0.01%
Cumulative Net Losses $95,778.03
Number of Loans at Beginning of Period 21,097
Number of Loans at End of Period 20,888
Repossessed Equipment not Sold or Reassigned (Beginning) $0.00
Repossessed Equipment not Sold or Reassigned (End) $82,770.05
COLLECTIONS AND REINVESTMENT INCOME
Receipts During the period $13,114,688.00
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 $13,114,688.00
Reinvestment Income (excluding Pre-funding Account) $49,700.00
Reinvestment Income on Pre-funding Account) $498,804.60
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 $13,663,192.60
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
2001-a Page 2
CNH EQUIPMENT TRUST 2001-A
$135,750,000 Class A-1 4.035% Asset Backed Notes due May 15, 2002
$273,000,000 Class A-2 4.162% Asset Backed Notes due September 15, 2004
$212,000,000 Class A-3 4.580% Asset Backed Notes due November 15, 2005
$220,750,000 Class A-4 5.380% Asset Backed Notes due August 15, 2007
$38,250,000 Class B 5.730% Asset Backed Notes due May 15, 2008
$20,250,000 5.730% Asset Backed Certificates
Actual Payment Date 6/15/2001
CACLULATION OF DISTRIBUTABLE AMOUNTS
Current Servicing Fee Due 1.000% $470,905.03
Past Due Servicing Fee $0.00
Total Servicing Fee Due $470,905.03
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) $900,000,000.00
A-1 notes Beginning Principal balance $135,750,000.00
A-2 notes Beginning Principal balance $273,000,000.00
A-3 notes Beginning Principal balance $212,000,000.00
A-4 notes Beginning Principal balance $220,750,000.00
B notes Beginning Principal balance $38,250,000.00
Certificate Beginning Principal balance $20,250,000.00
A-1 notes Current Interest Due 4.035% act/360 $365,167.50
Class A-2 Current Interest Due
1 Month LIBOR Rate 4.09000%
Spread for Note 0.11000%
--------
Floating Rate Yield 4.20000% ACT/360
Class A-2 Current Interest Due $764,400.00
Class A-2 Swap float Rate receipt due $744,380.00
Class A-2 Swap fixed Rate payment due 4.162% 30/360 $725,922.17
Class A-2 Net Swap receipt 18,457.83
Class A-2 Past due Net Swap payment 0.00
Interest on Class A-2 Past due Net Swap payment 0.00
Class A-2 Net Swap payment 0.00
Class A-3 Current Interest Due
1 Month LIBOR Rate 4.09000%
Spread for Note 0.17000%
--------
Floating Rate Yield 4.26000% ACT/360
Class A-3 Current Interest Due $602,080.00
Class A-3 Swap float Rate receipt due $578,053.33
Class A-3 Swap fixed Rate payment due 4.580% 30/360 $620,335.56
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 42,282.23
Net Swap Payments Due 23,824.40
A-4 notes Current Interest Due 5.380% 30/360 $758,766.81
B notes Current Interest Due 5.730% 30/360 $140,026.88
Certificate Current Interest Due 5.730% 30/360 $46,545.43
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
Certificate 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
Certificate Interest Due on Past Due Interest $0.00
A-1 notes Total Interest Due $365,167.50
A-2 notes Total Interest Due $764,400.00
A-3 notes Total Interest Due $602,080.00
A-4 notes Total Interest Due $758,766.81
B notes Total Interest Due $140,026.88
Certificate Total Interest Due $46,545.43
A-1 notes Principal Due $10,367,464.37
A-2 notes Principal Due $0.00
A-3 notes Principal Due $0.00
A-4 notes Principal Due $0.00
Class B notes Principal Due $460,174.66
Certificate Principal Due $0.00
Total notes Interest Due $2,630,441.19
Total notes Principal Due $10,827,639.03
Net Swap/Termination Payment Due $23,824.40
Total notes Distributable Amount $13,481,904.62
2001-a Page 3
CNH Equipment Trust 2001-A
$135,750,000 Class A-1 4.035% Asset Backed Notes due May 15, 2002
$273,000,000 Class A-2 4.162% Asset Backed Notes due September 15, 2004
$212,000,000 Class A-3 4.580% Asset Backed Notes due November 15, 2005
$220,750,000 Class A-4 5.380% Asset Backed Notes due August 15, 2007
$38,250,000 Class B 5.730% Asset Backed Notes due May 15, 2008
$20,250,000 5.730% Asset Backed Certificates
Actual Payment Date 6/15/2001
CASH AVAILABLE FOR DISTRIBUTION
Total Collections + Reinvestment Income For The Period $13,663,192.60
Beginning Negitive Carry Account $3,330,381.30
Deposits from Negitive Carry Account to Distribution Account $472,527.34
Beginning Spread Account Balance $11,301,720.84
Additional Deposit to Spread Account from Pre-funding $2,955,806.48
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
Total Cash Available $14,135,719.94
CASH ALLOCATION (CASHFLOW WATERFALL) Available
Cash
----
Is CNH the servicier YES
Servicing Fee Paid (If CNH is not the servicer) $0.00
Servicing Fee Shortfall $0.00
$14,135,719.94
Administration Fee Paid $166.67
Administration Fee Shortfall $0.00
$14,135,553.27
Net Swap Payment Paid $23,824.40
Net Swap Payment Shortfall $0.00
Remaining Cash Available to Pay Note Interest & Swap Termination Payment $14,111,728.87
Cash Available to Pay Note Interest $14,111,728.87
Cash Available to Pay Termination Payment $0.00
Class A-1 notes Interest Paid $365,167.50
Class A-2 notes Interest Paid $764,400.00
Class A-3 notes Interest Paid $602,080.00
Class A-4 notes Interest Paid $758,766.81
$11,621,314.56
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
Swap Termination Payment Paid $0.00
Swap Termination Payment Shortfall $0.00
$11,621,314.56
Class B notes Interest Paid $140,026.88
Class B notes Interest Shortfall $0.00
$11,481,287.68
Class A-1 notes Principal Paid $10,367,464.37
Class A-2 notes Principal Paid $0.00
Class A-3 notes Principal Paid $0.00
Class A-4 notes Principal Paid $0.00
Class B notes Principal Paid $460,174.66
$653,648.65
Deposits to Spread Account $0.00
$653,648.65
Certificate Interest Paid $46,545.43
Certificate Interest Shortfall $0.00
$607,103.22
Certificate Principal Paid $0.00
$607,103.22
Total Principal Balance of Notes and Certificates (End of Period) $889,172,360.97
A-1 notes Ending Principal balance $125,382,535.63
A-2 notes Ending Principal balance $273,000,000.00
A-3 notes Ending Principal balance $212,000,000.00
A-4 notes Ending Principal balance $220,750,000.00
B notes Ending Principal balance $37,789,825.34
Certificate Ending Principal balance $20,250,000.00
Servicing Fee Paid (If CNH is the servicer) $470,905.03
Servicing Fee Shortfall $0.00
Release to Seller as Excess $136,198.19 $136,198.19
2001-a Page 4
CNH EQUIPMENT TRUST 2001-A
$135,750,000 Class A-1 4.035% Asset Backed Notes due May 15, 2002
$273,000,000 Class A-2 4.162% Asset Backed Notes due September 15, 2004
$212,000,000 Class A-3 4.580% Asset Backed Notes due November 15, 2005
$220,750,000 Class A-4 5.380% Asset Backed Notes due August 15, 2007
$38,250,000 Class B 5.730% Asset Backed Notes due May 15, 2008
$20,250,000 5.730% Asset Backed Certificates
Actual Payment Date 6/15/2001
Summary and Factors Amount Factor Per/$1000
------ ------ ---------
Total Principal Balance of Notes and Certificates (Beginning of Period) $900,000,000.00 1.0000000 $1,000.00
A-1 notes Beginning Principal balance $135,750,000.00 1.0000000 $1,000.00
A-2 notes Beginning Principal balance $273,000,000.00 1.0000000 $1,000.00
A-3 notes Beginning Principal balance $212,000,000.00 1.0000000 $1,000.00
A-4 notes Beginning Principal balance $220,750,000.00 1.0000000 $1,000.00
B notes Beginning Principal balance $38,250,000.00 1.0000000 $1,000.00
Certificate Beginning Principal balance $20,250,000.00 1.0000000 $1,000.00
Total Principal Balance of Notes and Certificates (End of Period) $889,172,360.97 0.9879693 $987.97
A-1 notes Ending Principal balance 4.035% $135,750,000.00 $125,382,535.63 0.9236283 $923.63
A-2 notes Ending Principal balance 4.162% $273,000,000.00 $273,000,000.00 1.0000000 $1,000.00
A-3 notes Ending Principal balance 4.580% $212,000,000.00 $212,000,000.00 1.0000000 $1,000.00
A-4 notes Ending Principal balance 5.380% $220,750,000.00 93.50% $220,750,000.00 1.0000000 $1,000.00
B notes Ending Principal balance 5.730% $38,250,000.00 4.25% $37,789,825.34 0.9879693 $987.97
Certificate Ending Principal balance 5.730% $20,250,000.00 2.25% $20,250,000.00 1.0000000 $1,000.00
Class A-1 notes Interest Paid $365,167.50 0.0026900 $2.69
Class A-2 notes Interest Paid $764,400.00 0.0028000 $2.80
Class A-3 notes Interest Paid $602,080.00 0.0028400 $2.84
Class A-4 notes Interest Paid $758,766.81 0.0034372 $3.44
Class B notes Interest Paid $140,026.88 0.0036608 $3.66
Certificate Interest Paid $46,545.43 0.0022985 $2.30
Class A-1 notes Interest Shortfall $0.00 0.0000000 $0.00
Class A21 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
Certificate Interest Shortfall $0.00 0.0000000 $0.00
Class A-1 notes Principal Paid $10,367,464.37 0.0763717 76.37
Class A-2 notes Principal Paid $0.00 0.0000000 $0.00
Class A-3 notes Principal Paid $0.00 0.0000000 $0.00
Class A-4 notes Principal Paid $0.00 0.0000000 $0.00
Class B notes Principal Paid $460,174.66 0.0120307 12.03
Certificate Principal Paid $0.00 0.0000000 $0.00
NEGITIVE CARRY ACCOUNT
Negitive Carry 5/22/2001 2.069%
Negitive Carry Days Remaining 11/15/2001 150
Required Negitive Carry Account $1,612,919.76
Beginning Negitive Carry Account $3,330,381.30
Negitive Carry Account Withdrawls to Distribution Account $472,527.34
Negitive Carry Released to Seller $1,244,934.20
Ending Negitive Carry Account Balance $1,612,919.76
SPREAD ACCOUNT
Required Spread Account Balance 2.00% $14,257,527.32
Beginning Spread Account Balance $11,301,720.84
Additional Deposit to Spread Account from Pre-funding $2,955,806.48
Spread Account Withdrawls to Distribution Account $0.00
Spread Account Deposits from Excess Cash $0.00
Spread Account Released to Seller $0.00
Ending Spread Account Balance $14,257,527.32
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 Withdrawls 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 $334,913,958.08
New Contract Value Purchased $147,790,323.85
Deposits to Spread Account $2,955,806.48
Deposits to Principal Supplement Account $0.00
Ending Pre-funding Account Balance $187,123,634.23
Release to seller $144,834,517.37
Total Release to Seller $146,686,721.46
2001-a Page 5