EXHIBIT 99
Subject: CMBS NEW ISSUE: BACM 05-1 *Publics* Term Sheet
Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through
Certificates, Series 2005-1 Approx. $2.32B NEW ISSUE CMBS
Joint Bks/LDS: Banc of America Securities LLC/Bear, Stearns & Co., Inc.
Co-Lead Mgr: Barclays Capital Inc.
Co-Managers: Goldman Sachs/RBS Greenwich Capital
Rating Agencies: S&P and Fitch
Class Size($mm) (F/S&P) Sub Lvl WAL Prin Window
A1 39.8 AAA/AAA 20.000 1.52 1- 33
A2 185.1 AAA/AAA 20.000 2.74 33- 33
A3 555.0 AAA/AAA 20.000 4.79 54- 60
A4 343.0 AAA/AAA 20.000 6.83 81- 84
ASB 132.1 AAA/AAA 20.000 6.37 33-114
A5 383.4 AAA/AAA 20.000 9.62 114-117
A1A 219.2 AAA/AAA 20.000 7.39 1-117
AJ 168.4 AAA/AAA 12.750 9.79 117-118
B 61.0 AA/AA 10.125 9.87 118-119
C 20.3 AA-/AA- 9.250 9.91 119-119
D 43.5 A/A 7.375 9.91 119-119
XP TBD AAA/AAA - - -
XP is Notional Balance
Collateral: 135 Loans / 167 Properties
Loan Sellers: Bank of America, N.A.(60.8%)/Barclays Capital Real Estate
Inc.(25.1%)/Bear Stearns Commercial Mortgage,Inc.(14.2%)
Property Types: Ret 35.8%, Off 33.1%, Multi 11.1%, Hotel 9.2%, SS 4.5%,
Indus 3.0%, MH 2.3%, Other 1.0%
Geographic: NV: 13.0%, CA: 11.9% (So. CA: 10.1%, No. CA: 1.8%), GA:
10.8%, FL: 8.6%, MN: 8.1%, IL: 6.7%, No Others >5%
DSCR/LTV: 1.66x / 67.6%
Inves. Grade Loans: Six loans for 21.6% of UPB
Top 10 Loans: 40.3% of the pool, DSCR: 1.86x, LTV: 63.6%
Top 3 Trust Assets
Shadow
DSCR LTV Ratings (S/F) %UPB
Fashion Show Mall 2.32x 52.0% AAA/AA 8.3%
Southdale Mall 2.24x 52.2% A-/BBB- 6.5%
Mall at Stonecrest 1.44x 75.1% NR/NR 4.7%
Expected Timing
Termsheets/Reds - Tuesday 3/22 (electronic), Wednesday 3/23 hard copy
Launch / Price - Wk of 3/28
Settlement - 4/12
Roadshow
Tuesday 3/22- NY meetings (afternoon)
Wednesday 3/23 - NY 8:30 bkfst at 9 West 57th, 10:00 Global call, NY meetings
Wednesday 3/23 - 8:30 Boston bkfst 2 International PL,12:00 Hartford lnch @ Max
Thursday 3/24 - NY meetings
Monday 3/28 - Chicago 8:00 bkfst, Minni afternoon group meeting
This message is for information purposes only, and we are not soliciting any
action based upon it. The information herein is believed to be reliable but it
should not be relied upon as such and is subject to change without notice. Banc
of America Securities LLC, Bear, Stearns and Co., Inc., Barclays Capital Inc.,
and their affiliates may acquire, hold or sell positions in these securities or
in related derivatives and may have an investment banking or banking
relationship with the issuer.
Information herein will be superseded by information in the final prospectus,
copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of
America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255, Craig
Sedmak at Bear, Stearns and Co., Inc., 383 Madison Avenue, New York, NY 10179,
or Craig Leonard/Brian Dixon at Barclays Capital Inc., 200 Park Avenue, 5th
Floor, New York, NY 101566. Such securities may not be suiSheetle for all
investors.
BACM 2005-1
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Cashflows for A-J
Base Case - Pricing
168,352,000.00 86,247,197.92
Pd Date Beg Bal Prin Pmt Int Due
1 5/10/2005 168,352,000.00 - 699,648.23
2 6/10/2005 168,352,000.00 - 721,199.74
3 7/10/2005 168,352,000.00 - 699,658.91
4 8/10/2005 168,352,000.00 - 721,209.04
5 9/10/2005 168,352,000.00 - 721,214.06
6 10/10/2005 168,352,000.00 - 699,675.23
7 11/10/2005 168,352,000.00 - 721,223.32
8 12/10/2005 168,352,000.00 - 699,685.88
9 1/10/2006 168,352,000.00 - 699,690.88
10 2/10/2006 168,352,000.00 - 699,696.52
11 3/10/2006 168,352,000.00 - 700,295.21
12 4/10/2006 168,352,000.00 - 721,866.56
13 5/10/2006 168,352,000.00 - 700,312.65
14 6/10/2006 168,352,000.00 - 721,875.23
15 7/10/2006 168,352,000.00 - 700,322.85
16 8/10/2006 168,352,000.00 - 721,883.86
17 9/10/2006 168,352,000.00 - 721,888.56
18 10/10/2006 168,352,000.00 - 700,338.43
19 11/10/2006 168,352,000.00 - 721,897.12
20 12/10/2006 168,352,000.00 - 700,345.89
21 1/10/2007 168,352,000.00 - 700,347.19
22 2/10/2007 168,352,000.00 - 700,347.78
23 3/10/2007 168,352,000.00 - 700,390.77
24 4/10/2007 168,352,000.00 - 721,890.82
25 5/10/2007 168,352,000.00 - 700,340.68
26 6/10/2007 168,352,000.00 - 721,880.93
27 7/10/2007 168,352,000.00 - 700,333.49
28 8/10/2007 168,352,000.00 - 721,870.45
29 9/10/2007 168,352,000.00 - 721,866.18
30 10/10/2007 168,352,000.00 - 700,323.23
31 11/10/2007 168,352,000.00 - 721,855.29
32 12/10/2007 168,352,000.00 - 700,315.45
33 1/10/2008 168,352,000.00 - 721,844.10
34 2/10/2008 168,352,000.00 - 716,412.13
35 3/10/2008 168,352,000.00 - 716,410.04
36 4/10/2008 168,352,000.00 - 738,266.22
37 5/10/2008 168,352,000.00 - 716,347.05
38 6/10/2008 168,352,000.00 - 738,219.09
39 7/10/2008 168,352,000.00 - 716,305.08
40 8/10/2008 168,352,000.00 - 738,172.10
41 9/10/2008 168,352,000.00 - 738,149.76
42 10/10/2008 168,352,000.00 - 716,242.44
43 11/10/2008 168,352,000.00 - 738,101.89
44 12/10/2008 168,352,000.00 - 716,199.20
45 1/10/2009 168,352,000.00 - 716,176.14
46 2/10/2009 168,352,000.00 - 716,155.41
47 3/10/2009 168,352,000.00 - 716,197.71
48 4/10/2009 168,352,000.00 - 737,977.91
49 5/10/2009 168,352,000.00 - 716,088.64
50 6/10/2009 168,352,000.00 - 737,930.09
51 7/10/2009 168,352,000.00 - 716,045.72
52 8/10/2009 168,352,000.00 - 737,881.63
53 9/10/2009 168,352,000.00 - 737,858.47
54 10/10/2009 168,352,000.00 - 715,981.44
55 11/10/2009 168,352,000.00 - 737,996.11
56 12/10/2009 168,352,000.00 - 716,014.75
57 1/10/2010 168,352,000.00 - 721,310.90
58 2/10/2010 168,352,000.00 - 731,439.27
59 3/10/2010 168,352,000.00 - 734,958.66
60 4/10/2010 168,352,000.00 - 756,364.64
61 5/10/2010 168,352,000.00 - 736,844.26
62 6/10/2010 168,352,000.00 - 761,470.01
63 7/10/2010 168,352,000.00 - 736,833.33
64 8/10/2010 168,352,000.00 - 761,458.62
65 9/10/2010 168,352,000.00 - 761,453.10
66 10/10/2010 168,352,000.00 - 736,816.82
67 11/10/2010 168,352,000.00 - 761,441.41
68 12/10/2010 168,352,000.00 - 736,805.40
69 1/10/2011 168,352,000.00 - 736,799.38
70 2/10/2011 168,352,000.00 - 736,793.79
71 3/10/2011 168,352,000.00 - 736,888.23
72 4/10/2011 168,352,000.00 - 761,410.51
73 5/10/2011 168,352,000.00 - 736,775.24
74 6/10/2011 168,352,000.00 - 761,398.06
75 7/10/2011 168,352,000.00 - 736,763.08
76 8/10/2011 168,352,000.00 - 761,385.38
77 9/10/2011 168,352,000.00 - 761,379.20
78 10/10/2011 168,352,000.00 - 736,744.67
79 11/10/2011 168,352,000.00 - 761,366.18
80 12/10/2011 168,352,000.00 - 736,731.95
81 1/10/2012 168,352,000.00 - 761,352.92
82 2/10/2012 168,352,000.00 - 740,235.91
83 3/10/2012 168,352,000.00 - 745,324.67
84 4/10/2012 168,352,000.00 - 765,340.71
85 5/10/2012 168,352,000.00 - 741,889.47
86 6/10/2012 168,352,000.00 - 766,682.15
87 7/10/2012 168,352,000.00 - 741,876.22
88 8/10/2012 168,352,000.00 - 766,668.34
89 9/10/2012 168,352,000.00 - 766,661.63
90 10/10/2012 168,352,000.00 - 741,856.19
91 11/10/2012 168,352,000.00 - 766,647.05
92 12/10/2012 168,352,000.00 - 741,841.83
93 1/10/2013 168,352,000.00 - 741,834.39
94 2/10/2013 168,352,000.00 - 741,827.48
95 3/10/2013 168,352,000.00 - 741,938.38
96 4/10/2013 168,352,000.00 - 766,608.88
97 5/10/2013 168,352,000.00 - 741,804.56
98 6/10/2013 168,352,000.00 - 766,543.56
99 7/10/2013 168,352,000.00 - 741,741.47
100 8/10/2013 168,352,000.00 - 766,528.41
101 9/10/2013 168,352,000.00 - 766,521.04
102 10/10/2013 168,352,000.00 - 741,719.47
103 11/10/2013 168,352,000.00 - 766,505.47
104 12/10/2013 168,352,000.00 - 741,704.27
105 1/10/2014 168,352,000.00 - 741,696.26
106 2/10/2014 168,352,000.00 - 741,688.78
107 3/10/2014 168,352,000.00 - 741,807.59
108 4/10/2014 168,352,000.00 - 766,464.33
109 5/10/2014 168,352,000.00 - 741,664.08
110 6/10/2014 168,352,000.00 - 766,447.69
111 7/10/2014 168,352,000.00 - 741,647.83
112 8/10/2014 168,352,000.00 - 766,430.75
113 9/10/2014 168,352,000.00 - 766,422.47
114 10/10/2014 168,352,000.00 - 741,623.19
115 11/10/2014 168,352,000.00 - 763,446.91
116 12/10/2014 168,352,000.00 - 740,044.16
117 1/10/2015 168,352,000.00 76,947,287.10 739,441.49
118 2/10/2015 91,404,712.90 91,404,712.90 396,422.32
Extension Scenario - 24 mth for 25% Ext
168,352,000.00 87,018,342.39
Pd Date Beg Bal Prin Pmt Int Due
1 5/10/2005 168,352,000.00 - 699,648.23
2 6/10/2005 168,352,000.00 - 721,199.74
3 7/10/2005 168,352,000.00 - 699,658.91
4 8/10/2005 168,352,000.00 - 721,209.04
5 9/10/2005 168,352,000.00 - 721,214.06
6 10/10/2005 168,352,000.00 - 699,675.23
7 11/10/2005 168,352,000.00 - 721,223.32
8 12/10/2005 168,352,000.00 - 699,685.88
9 1/10/2006 168,352,000.00 - 699,690.88
10 2/10/2006 168,352,000.00 - 699,696.52
11 3/10/2006 168,352,000.00 - 700,295.21
12 4/10/2006 168,352,000.00 - 721,866.56
13 5/10/2006 168,352,000.00 - 700,312.65
14 6/10/2006 168,352,000.00 - 721,875.23
15 7/10/2006 168,352,000.00 - 700,322.85
16 8/10/2006 168,352,000.00 - 721,883.86
17 9/10/2006 168,352,000.00 - 721,888.56
18 10/10/2006 168,352,000.00 - 700,338.43
19 11/10/2006 168,352,000.00 - 721,897.12
20 12/10/2006 168,352,000.00 - 700,345.89
21 1/10/2007 168,352,000.00 - 700,347.19
22 2/10/2007 168,352,000.00 - 700,347.78
23 3/10/2007 168,352,000.00 - 700,390.77
24 4/10/2007 168,352,000.00 - 721,890.82
25 5/10/2007 168,352,000.00 - 700,340.68
26 6/10/2007 168,352,000.00 - 721,880.93
27 7/10/2007 168,352,000.00 - 700,333.49
28 8/10/2007 168,352,000.00 - 721,870.45
29 9/10/2007 168,352,000.00 - 721,866.18
30 10/10/2007 168,352,000.00 - 700,323.23
31 11/10/2007 168,352,000.00 - 721,855.29
32 12/10/2007 168,352,000.00 - 700,315.45
33 1/10/2008 168,352,000.00 - 721,844.10
34 2/10/2008 168,352,000.00 - 712,126.43
35 3/10/2008 168,352,000.00 - 712,129.08
36 4/10/2008 168,352,000.00 - 733,891.11
37 5/10/2008 168,352,000.00 - 712,074.98
38 6/10/2008 168,352,000.00 - 733,853.17
39 7/10/2008 168,352,000.00 - 712,041.83
40 8/10/2008 168,352,000.00 - 733,815.33
41 9/10/2008 168,352,000.00 - 733,797.44
42 10/10/2008 168,352,000.00 - 711,992.31
43 11/10/2008 168,352,000.00 - 733,758.62
44 12/10/2008 168,352,000.00 - 711,957.88
45 1/10/2009 168,352,000.00 - 711,939.29
46 2/10/2009 168,352,000.00 - 711,922.95
47 3/10/2009 168,352,000.00 - 711,970.17
48 4/10/2009 168,352,000.00 - 733,657.40
49 5/10/2009 168,352,000.00 - 711,869.29
50 6/10/2009 168,352,000.00 - 733,618.57
51 7/10/2009 168,352,000.00 - 711,835.12
52 8/10/2009 168,352,000.00 - 733,579.18
53 9/10/2009 168,352,000.00 - 733,560.54
54 10/10/2009 168,352,000.00 - 711,784.05
55 11/10/2009 168,352,000.00 - 733,620.75
56 12/10/2009 168,352,000.00 - 711,702.15
57 1/10/2010 168,352,000.00 - 715,390.61
58 2/10/2010 168,352,000.00 - 726,881.73
59 3/10/2010 168,352,000.00 - 729,736.47
60 4/10/2010 168,352,000.00 - 750,769.86
61 5/10/2010 168,352,000.00 - 730,116.70
62 6/10/2010 168,352,000.00 - 753,836.57
63 7/10/2010 168,352,000.00 - 730,091.11
64 8/10/2010 168,352,000.00 - 753,808.23
65 9/10/2010 168,352,000.00 - 753,794.59
66 10/10/2010 168,352,000.00 - 730,052.60
67 11/10/2010 168,352,000.00 - 753,765.61
68 12/10/2010 168,352,000.00 - 730,026.02
69 1/10/2011 168,352,000.00 - 730,011.94
70 2/10/2011 168,352,000.00 - 729,999.02
71 3/10/2011 168,352,000.00 - 730,078.09
72 4/10/2011 168,352,000.00 - 753,689.08
73 5/10/2011 168,352,000.00 - 729,955.82
74 6/10/2011 168,352,000.00 - 753,658.46
75 7/10/2011 168,352,000.00 - 729,927.71
76 8/10/2011 168,352,000.00 - 753,627.35
77 9/10/2011 168,352,000.00 - 753,612.31
78 10/10/2011 168,352,000.00 - 729,885.37
79 11/10/2011 168,352,000.00 - 753,696.52
80 12/10/2011 168,352,000.00 - 729,970.80
81 1/10/2012 168,352,000.00 - 755,857.34
82 2/10/2012 168,352,000.00 - 737,564.04
83 3/10/2012 168,352,000.00 - 741,110.73
84 4/10/2012 168,352,000.00 - 762,303.33
85 5/10/2012 168,352,000.00 - 740,292.15
86 6/10/2012 168,352,000.00 - 765,031.51
87 7/10/2012 168,352,000.00 - 740,278.72
88 8/10/2012 168,352,000.00 - 765,017.50
89 9/10/2012 168,352,000.00 - 765,010.69
90 10/10/2012 168,352,000.00 - 740,258.40
91 11/10/2012 168,352,000.00 - 764,976.47
92 12/10/2012 168,352,000.00 - 740,225.07
93 1/10/2013 168,352,000.00 - 740,217.59
94 2/10/2013 168,352,000.00 - 740,210.61
95 3/10/2013 168,352,000.00 - 740,321.08
96 4/10/2013 168,352,000.00 - 764,938.04
97 5/10/2013 168,352,000.00 - 740,187.55
98 6/10/2013 168,352,000.00 - 764,885.32
99 7/10/2013 168,352,000.00 - 740,136.58
100 8/10/2013 168,352,000.00 - 764,869.90
101 9/10/2013 168,352,000.00 - 764,862.39
102 10/10/2013 168,352,000.00 - 740,114.18
103 11/10/2013 168,352,000.00 - 764,846.54
104 12/10/2013 168,352,000.00 - 740,098.70
105 1/10/2014 168,352,000.00 - 740,090.57
106 2/10/2014 168,352,000.00 - 741,201.55
107 3/10/2014 168,352,000.00 - 744,352.15
108 4/10/2014 168,352,000.00 - 766,126.30
109 5/10/2014 168,352,000.00 - 741,676.29
110 6/10/2014 168,352,000.00 - 766,460.27
111 7/10/2014 168,352,000.00 - 741,659.97
112 8/10/2014 168,352,000.00 - 766,443.25
113 9/10/2014 168,352,000.00 - 766,434.93
114 10/10/2014 168,352,000.00 - 741,635.21
115 11/10/2014 168,352,000.00 - 764,260.96
116 12/10/2014 168,352,000.00 - 740,508.83
117 1/10/2015 168,352,000.00 - 740,207.13
118 2/10/2015 168,352,000.00 29,522,912.81 735,269.38
119 3/10/2015 138,829,087.19 112,033,263.30 621,239.30
120 4/10/2015 26,795,823.90 26,795,823.90 120,747.07
Default Scenario-3 CDR, mth 24, 40% Loss, 6 mth Recovery
168,352,000.00 86,558,129.92
Pd Date Beg Bal Prin Pmt Int Due
1 5/10/2005 168,352,000.00 - 699,648.23
2 6/10/2005 168,352,000.00 - 721,199.74
3 7/10/2005 168,352,000.00 - 699,658.91
4 8/10/2005 168,352,000.00 - 721,209.04
5 9/10/2005 168,352,000.00 - 721,214.06
6 10/10/2005 168,352,000.00 - 699,675.23
7 11/10/2005 168,352,000.00 - 721,223.32
8 12/10/2005 168,352,000.00 - 699,685.88
9 1/10/2006 168,352,000.00 - 699,690.88
10 2/10/2006 168,352,000.00 - 699,696.52
11 3/10/2006 168,352,000.00 - 700,295.21
12 4/10/2006 168,352,000.00 - 721,866.56
13 5/10/2006 168,352,000.00 - 700,312.65
14 6/10/2006 168,352,000.00 - 721,875.23
15 7/10/2006 168,352,000.00 - 700,322.85
16 8/10/2006 168,352,000.00 - 721,883.86
17 9/10/2006 168,352,000.00 - 721,888.56
18 10/10/2006 168,352,000.00 - 700,338.43
19 11/10/2006 168,352,000.00 - 721,897.12
20 12/10/2006 168,352,000.00 - 700,345.89
21 1/10/2007 168,352,000.00 - 700,347.19
22 2/10/2007 168,352,000.00 - 700,347.78
23 3/10/2007 168,352,000.00 - 700,390.77
24 4/10/2007 168,352,000.00 - 721,890.82
25 5/10/2007 168,352,000.00 - 700,343.49
26 6/10/2007 168,352,000.00 - 721,886.89
27 7/10/2007 168,352,000.00 - 700,342.15
28 8/10/2007 168,352,000.00 - 721,882.42
29 9/10/2007 168,352,000.00 - 721,881.09
30 10/10/2007 168,352,000.00 - 700,340.69
31 11/10/2007 168,352,000.00 - 721,862.82
32 12/10/2007 168,352,000.00 - 700,312.38
33 1/10/2008 168,352,000.00 - 721,830.76
34 2/10/2008 168,352,000.00 - 716,406.13
35 3/10/2008 168,352,000.00 - 716,457.15
36 4/10/2008 168,352,000.00 - 738,257.46
37 5/10/2008 168,352,000.00 - 716,336.50
38 6/10/2008 168,352,000.00 - 738,207.38
39 7/10/2008 168,352,000.00 - 716,291.48
40 8/10/2008 168,352,000.00 - 738,157.43
41 9/10/2008 168,352,000.00 - 738,133.60
42 10/10/2008 168,352,000.00 - 716,224.23
43 11/10/2008 168,352,000.00 - 738,082.75
44 12/10/2008 168,352,000.00 - 716,177.90
45 1/10/2009 168,352,000.00 - 716,153.28
46 2/10/2009 168,352,000.00 - 716,130.99
47 3/10/2009 168,352,000.00 - 716,335.50
48 4/10/2009 168,352,000.00 - 737,951.22
49 5/10/2009 168,352,000.00 - 716,059.51
50 6/10/2009 168,352,000.00 - 737,900.35
51 7/10/2009 168,352,000.00 - 716,013.43
52 8/10/2009 168,352,000.00 - 737,848.83
53 9/10/2009 168,352,000.00 - 737,824.13
54 10/10/2009 168,352,000.00 - 715,944.38
55 11/10/2009 168,352,000.00 - 737,958.02
56 12/10/2009 168,352,000.00 - 715,973.56
57 1/10/2010 168,352,000.00 - 721,258.68
58 2/10/2010 168,352,000.00 - 731,358.97
59 3/10/2010 168,352,000.00 - 735,064.13
60 4/10/2010 168,352,000.00 - 756,271.71
61 5/10/2010 168,352,000.00 - 736,844.26
62 6/10/2010 168,352,000.00 - 761,470.01
63 7/10/2010 168,352,000.00 - 736,833.33
64 8/10/2010 168,352,000.00 - 761,458.62
65 9/10/2010 168,352,000.00 - 761,453.10
66 10/10/2010 168,352,000.00 - 736,816.82
67 11/10/2010 168,352,000.00 - 761,441.41
68 12/10/2010 168,352,000.00 - 736,805.40
69 1/10/2011 168,352,000.00 - 736,799.38
70 2/10/2011 168,352,000.00 - 736,793.79
71 3/10/2011 168,352,000.00 - 737,076.60
72 4/10/2011 168,352,000.00 - 761,410.51
73 5/10/2011 168,352,000.00 - 736,775.24
74 6/10/2011 168,352,000.00 - 761,398.06
75 7/10/2011 168,352,000.00 - 736,763.08
76 8/10/2011 168,352,000.00 - 761,385.38
77 9/10/2011 168,352,000.00 - 761,379.20
78 10/10/2011 168,352,000.00 - 736,744.67
79 11/10/2011 168,352,000.00 - 761,366.18
80 12/10/2011 168,352,000.00 - 736,731.95
81 1/10/2012 168,352,000.00 - 761,352.92
82 2/10/2012 168,352,000.00 - 740,235.91
83 3/10/2012 168,352,000.00 - 745,396.42
84 4/10/2012 168,352,000.00 - 765,340.71
85 5/10/2012 168,352,000.00 - 741,889.47
86 6/10/2012 168,352,000.00 - 766,682.15
87 7/10/2012 168,352,000.00 - 741,876.22
88 8/10/2012 168,352,000.00 - 766,668.34
89 9/10/2012 168,352,000.00 - 766,661.63
90 10/10/2012 168,352,000.00 - 741,856.19
91 11/10/2012 168,352,000.00 - 766,647.05
92 12/10/2012 168,352,000.00 - 741,841.83
93 1/10/2013 168,352,000.00 - 741,834.39
94 2/10/2013 168,352,000.00 - 741,827.48
95 3/10/2013 168,352,000.00 - 742,128.11
96 4/10/2013 168,352,000.00 - 766,608.88
97 5/10/2013 168,352,000.00 - 741,804.56
98 6/10/2013 168,352,000.00 - 766,543.56
99 7/10/2013 168,352,000.00 - 741,741.47
100 8/10/2013 168,352,000.00 - 766,528.41
101 9/10/2013 168,352,000.00 - 766,521.04
102 10/10/2013 168,352,000.00 - 741,719.47
103 11/10/2013 168,352,000.00 - 766,505.47
104 12/10/2013 168,352,000.00 - 741,704.27
105 1/10/2014 168,352,000.00 - 741,696.26
106 2/10/2014 168,352,000.00 - 741,688.78
107 3/10/2014 168,352,000.00 - 741,997.32
108 4/10/2014 168,352,000.00 - 766,464.33
109 5/10/2014 168,352,000.00 - 741,664.08
110 6/10/2014 168,352,000.00 - 766,447.69
111 7/10/2014 168,352,000.00 - 741,647.83
112 8/10/2014 168,352,000.00 - 766,430.75
113 9/10/2014 168,352,000.00 - 766,422.47
114 10/10/2014 168,352,000.00 - 741,623.19
115 11/10/2014 168,352,000.00 - 763,446.91
116 12/10/2014 168,352,000.00 - 740,044.16
117 1/10/2015 168,352,000.00 39,863,265.70 739,441.49
118 2/10/2015 128,488,734.30 95,609,640.53 557,255.75
119 3/10/2015 32,879,093.76 32,879,093.76 149,829.90
BACM 2005-1
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Cashflows for A-J
Base Case - Pricing
168,352,000.00 86,247,197.92
Pd Date Beg Bal Prin Pmt Int Due
1 5/10/2005 168,352,000.00 - 699,648.23
2 6/10/2005 168,352,000.00 - 721,199.74
3 7/10/2005 168,352,000.00 - 699,658.91
4 8/10/2005 168,352,000.00 - 721,209.04
5 9/10/2005 168,352,000.00 - 721,214.06
6 10/10/2005 168,352,000.00 - 699,675.23
7 11/10/2005 168,352,000.00 - 721,223.32
8 12/10/2005 168,352,000.00 - 699,685.88
9 1/10/2006 168,352,000.00 - 699,690.88
10 2/10/2006 168,352,000.00 - 699,696.52
11 3/10/2006 168,352,000.00 - 700,295.21
12 4/10/2006 168,352,000.00 - 721,866.56
13 5/10/2006 168,352,000.00 - 700,312.65
14 6/10/2006 168,352,000.00 - 721,875.23
15 7/10/2006 168,352,000.00 - 700,322.85
16 8/10/2006 168,352,000.00 - 721,883.86
17 9/10/2006 168,352,000.00 - 721,888.56
18 10/10/2006 168,352,000.00 - 700,338.43
19 11/10/2006 168,352,000.00 - 721,897.12
20 12/10/2006 168,352,000.00 - 700,345.89
21 1/10/2007 168,352,000.00 - 700,347.19
22 2/10/2007 168,352,000.00 - 700,347.78
23 3/10/2007 168,352,000.00 - 700,390.77
24 4/10/2007 168,352,000.00 - 721,890.82
25 5/10/2007 168,352,000.00 - 700,340.68
26 6/10/2007 168,352,000.00 - 721,880.93
27 7/10/2007 168,352,000.00 - 700,333.49
28 8/10/2007 168,352,000.00 - 721,870.45
29 9/10/2007 168,352,000.00 - 721,866.18
30 10/10/2007 168,352,000.00 - 700,323.23
31 11/10/2007 168,352,000.00 - 721,855.29
32 12/10/2007 168,352,000.00 - 700,315.45
33 1/10/2008 168,352,000.00 - 721,844.10
34 2/10/2008 168,352,000.00 - 716,412.13
35 3/10/2008 168,352,000.00 - 716,410.04
36 4/10/2008 168,352,000.00 - 738,266.22
37 5/10/2008 168,352,000.00 - 716,347.05
38 6/10/2008 168,352,000.00 - 738,219.09
39 7/10/2008 168,352,000.00 - 716,305.08
40 8/10/2008 168,352,000.00 - 738,172.10
41 9/10/2008 168,352,000.00 - 738,149.76
42 10/10/2008 168,352,000.00 - 716,242.44
43 11/10/2008 168,352,000.00 - 738,101.89
44 12/10/2008 168,352,000.00 - 716,199.20
45 1/10/2009 168,352,000.00 - 716,176.14
46 2/10/2009 168,352,000.00 - 716,155.41
47 3/10/2009 168,352,000.00 - 716,197.71
48 4/10/2009 168,352,000.00 - 737,977.91
49 5/10/2009 168,352,000.00 - 716,088.64
50 6/10/2009 168,352,000.00 - 737,930.09
51 7/10/2009 168,352,000.00 - 716,045.72
52 8/10/2009 168,352,000.00 - 737,881.63
53 9/10/2009 168,352,000.00 - 737,858.47
54 10/10/2009 168,352,000.00 - 715,981.44
55 11/10/2009 168,352,000.00 - 737,996.11
56 12/10/2009 168,352,000.00 - 716,014.75
57 1/10/2010 168,352,000.00 - 721,310.90
58 2/10/2010 168,352,000.00 - 731,439.27
59 3/10/2010 168,352,000.00 - 734,958.66
60 4/10/2010 168,352,000.00 - 756,364.64
61 5/10/2010 168,352,000.00 - 736,844.26
62 6/10/2010 168,352,000.00 - 761,470.01
63 7/10/2010 168,352,000.00 - 736,833.33
64 8/10/2010 168,352,000.00 - 761,458.62
65 9/10/2010 168,352,000.00 - 761,453.10
66 10/10/2010 168,352,000.00 - 736,816.82
67 11/10/2010 168,352,000.00 - 761,441.41
68 12/10/2010 168,352,000.00 - 736,805.40
69 1/10/2011 168,352,000.00 - 736,799.38
70 2/10/2011 168,352,000.00 - 736,793.79
71 3/10/2011 168,352,000.00 - 736,888.23
72 4/10/2011 168,352,000.00 - 761,410.51
73 5/10/2011 168,352,000.00 - 736,775.24
74 6/10/2011 168,352,000.00 - 761,398.06
75 7/10/2011 168,352,000.00 - 736,763.08
76 8/10/2011 168,352,000.00 - 761,385.38
77 9/10/2011 168,352,000.00 - 761,379.20
78 10/10/2011 168,352,000.00 - 736,744.67
79 11/10/2011 168,352,000.00 - 761,366.18
80 12/10/2011 168,352,000.00 - 736,731.95
81 1/10/2012 168,352,000.00 - 761,352.92
82 2/10/2012 168,352,000.00 - 740,235.91
83 3/10/2012 168,352,000.00 - 745,324.67
84 4/10/2012 168,352,000.00 - 765,340.71
85 5/10/2012 168,352,000.00 - 741,889.47
86 6/10/2012 168,352,000.00 - 766,682.15
87 7/10/2012 168,352,000.00 - 741,876.22
88 8/10/2012 168,352,000.00 - 766,668.34
89 9/10/2012 168,352,000.00 - 766,661.63
90 10/10/2012 168,352,000.00 - 741,856.19
91 11/10/2012 168,352,000.00 - 766,647.05
92 12/10/2012 168,352,000.00 - 741,841.83
93 1/10/2013 168,352,000.00 - 741,834.39
94 2/10/2013 168,352,000.00 - 741,827.48
95 3/10/2013 168,352,000.00 - 741,938.38
96 4/10/2013 168,352,000.00 - 766,608.88
97 5/10/2013 168,352,000.00 - 741,804.56
98 6/10/2013 168,352,000.00 - 766,543.56
99 7/10/2013 168,352,000.00 - 741,741.47
100 8/10/2013 168,352,000.00 - 766,528.41
101 9/10/2013 168,352,000.00 - 766,521.04
102 10/10/2013 168,352,000.00 - 741,719.47
103 11/10/2013 168,352,000.00 - 766,505.47
104 12/10/2013 168,352,000.00 - 741,704.27
105 1/10/2014 168,352,000.00 - 741,696.26
106 2/10/2014 168,352,000.00 - 741,688.78
107 3/10/2014 168,352,000.00 - 741,807.59
108 4/10/2014 168,352,000.00 - 766,464.33
109 5/10/2014 168,352,000.00 - 741,664.08
110 6/10/2014 168,352,000.00 - 766,447.69
111 7/10/2014 168,352,000.00 - 741,647.83
112 8/10/2014 168,352,000.00 - 766,430.75
113 9/10/2014 168,352,000.00 - 766,422.47
114 10/10/2014 168,352,000.00 - 741,623.19
115 11/10/2014 168,352,000.00 - 763,446.91
116 12/10/2014 168,352,000.00 - 740,044.16
117 1/10/2015 168,352,000.00 76,947,287.10 739,441.49
118 2/10/2015 91,404,712.90 91,404,712.90 396,422.32
Extension Scenario - 24 mth for 25% Ext
168,352,000.00 87,018,342.39
Pd Date Beg Bal Prin Pmt Int Due
1 5/10/2005 168,352,000.00 - 699,648.23
2 6/10/2005 168,352,000.00 - 721,199.74
3 7/10/2005 168,352,000.00 - 699,658.91
4 8/10/2005 168,352,000.00 - 721,209.04
5 9/10/2005 168,352,000.00 - 721,214.06
6 10/10/2005 168,352,000.00 - 699,675.23
7 11/10/2005 168,352,000.00 - 721,223.32
8 12/10/2005 168,352,000.00 - 699,685.88
9 1/10/2006 168,352,000.00 - 699,690.88
10 2/10/2006 168,352,000.00 - 699,696.52
11 3/10/2006 168,352,000.00 - 700,295.21
12 4/10/2006 168,352,000.00 - 721,866.56
13 5/10/2006 168,352,000.00 - 700,312.65
14 6/10/2006 168,352,000.00 - 721,875.23
15 7/10/2006 168,352,000.00 - 700,322.85
16 8/10/2006 168,352,000.00 - 721,883.86
17 9/10/2006 168,352,000.00 - 721,888.56
18 10/10/2006 168,352,000.00 - 700,338.43
19 11/10/2006 168,352,000.00 - 721,897.12
20 12/10/2006 168,352,000.00 - 700,345.89
21 1/10/2007 168,352,000.00 - 700,347.19
22 2/10/2007 168,352,000.00 - 700,347.78
23 3/10/2007 168,352,000.00 - 700,390.77
24 4/10/2007 168,352,000.00 - 721,890.82
25 5/10/2007 168,352,000.00 - 700,340.68
26 6/10/2007 168,352,000.00 - 721,880.93
27 7/10/2007 168,352,000.00 - 700,333.49
28 8/10/2007 168,352,000.00 - 721,870.45
29 9/10/2007 168,352,000.00 - 721,866.18
30 10/10/2007 168,352,000.00 - 700,323.23
31 11/10/2007 168,352,000.00 - 721,855.29
32 12/10/2007 168,352,000.00 - 700,315.45
33 1/10/2008 168,352,000.00 - 721,844.10
34 2/10/2008 168,352,000.00 - 712,126.43
35 3/10/2008 168,352,000.00 - 712,129.08
36 4/10/2008 168,352,000.00 - 733,891.11
37 5/10/2008 168,352,000.00 - 712,074.98
38 6/10/2008 168,352,000.00 - 733,853.17
39 7/10/2008 168,352,000.00 - 712,041.83
40 8/10/2008 168,352,000.00 - 733,815.33
41 9/10/2008 168,352,000.00 - 733,797.44
42 10/10/2008 168,352,000.00 - 711,992.31
43 11/10/2008 168,352,000.00 - 733,758.62
44 12/10/2008 168,352,000.00 - 711,957.88
45 1/10/2009 168,352,000.00 - 711,939.29
46 2/10/2009 168,352,000.00 - 711,922.95
47 3/10/2009 168,352,000.00 - 711,970.17
48 4/10/2009 168,352,000.00 - 733,657.40
49 5/10/2009 168,352,000.00 - 711,869.29
50 6/10/2009 168,352,000.00 - 733,618.57
51 7/10/2009 168,352,000.00 - 711,835.12
52 8/10/2009 168,352,000.00 - 733,579.18
53 9/10/2009 168,352,000.00 - 733,560.54
54 10/10/2009 168,352,000.00 - 711,784.05
55 11/10/2009 168,352,000.00 - 733,620.75
56 12/10/2009 168,352,000.00 - 711,702.15
57 1/10/2010 168,352,000.00 - 715,390.61
58 2/10/2010 168,352,000.00 - 726,881.73
59 3/10/2010 168,352,000.00 - 729,736.47
60 4/10/2010 168,352,000.00 - 750,769.86
61 5/10/2010 168,352,000.00 - 730,116.70
62 6/10/2010 168,352,000.00 - 753,836.57
63 7/10/2010 168,352,000.00 - 730,091.11
64 8/10/2010 168,352,000.00 - 753,808.23
65 9/10/2010 168,352,000.00 - 753,794.59
66 10/10/2010 168,352,000.00 - 730,052.60
67 11/10/2010 168,352,000.00 - 753,765.61
68 12/10/2010 168,352,000.00 - 730,026.02
69 1/10/2011 168,352,000.00 - 730,011.94
70 2/10/2011 168,352,000.00 - 729,999.02
71 3/10/2011 168,352,000.00 - 730,078.09
72 4/10/2011 168,352,000.00 - 753,689.08
73 5/10/2011 168,352,000.00 - 729,955.82
74 6/10/2011 168,352,000.00 - 753,658.46
75 7/10/2011 168,352,000.00 - 729,927.71
76 8/10/2011 168,352,000.00 - 753,627.35
77 9/10/2011 168,352,000.00 - 753,612.31
78 10/10/2011 168,352,000.00 - 729,885.37
79 11/10/2011 168,352,000.00 - 753,696.52
80 12/10/2011 168,352,000.00 - 729,970.80
81 1/10/2012 168,352,000.00 - 755,857.34
82 2/10/2012 168,352,000.00 - 737,564.04
83 3/10/2012 168,352,000.00 - 741,110.73
84 4/10/2012 168,352,000.00 - 762,303.33
85 5/10/2012 168,352,000.00 - 740,292.15
86 6/10/2012 168,352,000.00 - 765,031.51
87 7/10/2012 168,352,000.00 - 740,278.72
88 8/10/2012 168,352,000.00 - 765,017.50
89 9/10/2012 168,352,000.00 - 765,010.69
90 10/10/2012 168,352,000.00 - 740,258.40
91 11/10/2012 168,352,000.00 - 764,976.47
92 12/10/2012 168,352,000.00 - 740,225.07
93 1/10/2013 168,352,000.00 - 740,217.59
94 2/10/2013 168,352,000.00 - 740,210.61
95 3/10/2013 168,352,000.00 - 740,321.08
96 4/10/2013 168,352,000.00 - 764,938.04
97 5/10/2013 168,352,000.00 - 740,187.55
98 6/10/2013 168,352,000.00 - 764,885.32
99 7/10/2013 168,352,000.00 - 740,136.58
100 8/10/2013 168,352,000.00 - 764,869.90
101 9/10/2013 168,352,000.00 - 764,862.39
102 10/10/2013 168,352,000.00 - 740,114.18
103 11/10/2013 168,352,000.00 - 764,846.54
104 12/10/2013 168,352,000.00 - 740,098.70
105 1/10/2014 168,352,000.00 - 740,090.57
106 2/10/2014 168,352,000.00 - 741,201.55
107 3/10/2014 168,352,000.00 - 744,352.15
108 4/10/2014 168,352,000.00 - 766,126.30
109 5/10/2014 168,352,000.00 - 741,676.29
110 6/10/2014 168,352,000.00 - 766,460.27
111 7/10/2014 168,352,000.00 - 741,659.97
112 8/10/2014 168,352,000.00 - 766,443.25
113 9/10/2014 168,352,000.00 - 766,434.93
114 10/10/2014 168,352,000.00 - 741,635.21
115 11/10/2014 168,352,000.00 - 764,260.96
116 12/10/2014 168,352,000.00 - 740,508.83
117 1/10/2015 168,352,000.00 - 740,207.13
118 2/10/2015 168,352,000.00 29,522,912.81 735,269.38
119 3/10/2015 138,829,087.19 112,033,263.30 621,239.30
120 4/10/2015 26,795,823.90 26,795,823.90 120,747.07
Default Scenario-3 CDR, mth 24, 40% Loss, 6 mth Recovery
168,352,000.00 86,558,129.92
Pd Date Beg Bal Prin Pmt Int Due
1 5/10/2005 168,352,000.00 - 699,648.23
2 6/10/2005 168,352,000.00 - 721,199.74
3 7/10/2005 168,352,000.00 - 699,658.91
4 8/10/2005 168,352,000.00 - 721,209.04
5 9/10/2005 168,352,000.00 - 721,214.06
6 10/10/2005 168,352,000.00 - 699,675.23
7 11/10/2005 168,352,000.00 - 721,223.32
8 12/10/2005 168,352,000.00 - 699,685.88
9 1/10/2006 168,352,000.00 - 699,690.88
10 2/10/2006 168,352,000.00 - 699,696.52
11 3/10/2006 168,352,000.00 - 700,295.21
12 4/10/2006 168,352,000.00 - 721,866.56
13 5/10/2006 168,352,000.00 - 700,312.65
14 6/10/2006 168,352,000.00 - 721,875.23
15 7/10/2006 168,352,000.00 - 700,322.85
16 8/10/2006 168,352,000.00 - 721,883.86
17 9/10/2006 168,352,000.00 - 721,888.56
18 10/10/2006 168,352,000.00 - 700,338.43
19 11/10/2006 168,352,000.00 - 721,897.12
20 12/10/2006 168,352,000.00 - 700,345.89
21 1/10/2007 168,352,000.00 - 700,347.19
22 2/10/2007 168,352,000.00 - 700,347.78
23 3/10/2007 168,352,000.00 - 700,390.77
24 4/10/2007 168,352,000.00 - 721,890.82
25 5/10/2007 168,352,000.00 - 700,343.49
26 6/10/2007 168,352,000.00 - 721,886.89
27 7/10/2007 168,352,000.00 - 700,342.15
28 8/10/2007 168,352,000.00 - 721,882.42
29 9/10/2007 168,352,000.00 - 721,881.09
30 10/10/2007 168,352,000.00 - 700,340.69
31 11/10/2007 168,352,000.00 - 721,862.82
32 12/10/2007 168,352,000.00 - 700,312.38
33 1/10/2008 168,352,000.00 - 721,830.76
34 2/10/2008 168,352,000.00 - 716,406.13
35 3/10/2008 168,352,000.00 - 716,457.15
36 4/10/2008 168,352,000.00 - 738,257.46
37 5/10/2008 168,352,000.00 - 716,336.50
38 6/10/2008 168,352,000.00 - 738,207.38
39 7/10/2008 168,352,000.00 - 716,291.48
40 8/10/2008 168,352,000.00 - 738,157.43
41 9/10/2008 168,352,000.00 - 738,133.60
42 10/10/2008 168,352,000.00 - 716,224.23
43 11/10/2008 168,352,000.00 - 738,082.75
44 12/10/2008 168,352,000.00 - 716,177.90
45 1/10/2009 168,352,000.00 - 716,153.28
46 2/10/2009 168,352,000.00 - 716,130.99
47 3/10/2009 168,352,000.00 - 716,335.50
48 4/10/2009 168,352,000.00 - 737,951.22
49 5/10/2009 168,352,000.00 - 716,059.51
50 6/10/2009 168,352,000.00 - 737,900.35
51 7/10/2009 168,352,000.00 - 716,013.43
52 8/10/2009 168,352,000.00 - 737,848.83
53 9/10/2009 168,352,000.00 - 737,824.13
54 10/10/2009 168,352,000.00 - 715,944.38
55 11/10/2009 168,352,000.00 - 737,958.02
56 12/10/2009 168,352,000.00 - 715,973.56
57 1/10/2010 168,352,000.00 - 721,258.68
58 2/10/2010 168,352,000.00 - 731,358.97
59 3/10/2010 168,352,000.00 - 735,064.13
60 4/10/2010 168,352,000.00 - 756,271.71
61 5/10/2010 168,352,000.00 - 736,844.26
62 6/10/2010 168,352,000.00 - 761,470.01
63 7/10/2010 168,352,000.00 - 736,833.33
64 8/10/2010 168,352,000.00 - 761,458.62
65 9/10/2010 168,352,000.00 - 761,453.10
66 10/10/2010 168,352,000.00 - 736,816.82
67 11/10/2010 168,352,000.00 - 761,441.41
68 12/10/2010 168,352,000.00 - 736,805.40
69 1/10/2011 168,352,000.00 - 736,799.38
70 2/10/2011 168,352,000.00 - 736,793.79
71 3/10/2011 168,352,000.00 - 737,076.60
72 4/10/2011 168,352,000.00 - 761,410.51
73 5/10/2011 168,352,000.00 - 736,775.24
74 6/10/2011 168,352,000.00 - 761,398.06
75 7/10/2011 168,352,000.00 - 736,763.08
76 8/10/2011 168,352,000.00 - 761,385.38
77 9/10/2011 168,352,000.00 - 761,379.20
78 10/10/2011 168,352,000.00 - 736,744.67
79 11/10/2011 168,352,000.00 - 761,366.18
80 12/10/2011 168,352,000.00 - 736,731.95
81 1/10/2012 168,352,000.00 - 761,352.92
82 2/10/2012 168,352,000.00 - 740,235.91
83 3/10/2012 168,352,000.00 - 745,396.42
84 4/10/2012 168,352,000.00 - 765,340.71
85 5/10/2012 168,352,000.00 - 741,889.47
86 6/10/2012 168,352,000.00 - 766,682.15
87 7/10/2012 168,352,000.00 - 741,876.22
88 8/10/2012 168,352,000.00 - 766,668.34
89 9/10/2012 168,352,000.00 - 766,661.63
90 10/10/2012 168,352,000.00 - 741,856.19
91 11/10/2012 168,352,000.00 - 766,647.05
92 12/10/2012 168,352,000.00 - 741,841.83
93 1/10/2013 168,352,000.00 - 741,834.39
94 2/10/2013 168,352,000.00 - 741,827.48
95 3/10/2013 168,352,000.00 - 742,128.11
96 4/10/2013 168,352,000.00 - 766,608.88
97 5/10/2013 168,352,000.00 - 741,804.56
98 6/10/2013 168,352,000.00 - 766,543.56
99 7/10/2013 168,352,000.00 - 741,741.47
100 8/10/2013 168,352,000.00 - 766,528.41
101 9/10/2013 168,352,000.00 - 766,521.04
102 10/10/2013 168,352,000.00 - 741,719.47
103 11/10/2013 168,352,000.00 - 766,505.47
104 12/10/2013 168,352,000.00 - 741,704.27
105 1/10/2014 168,352,000.00 - 741,696.26
106 2/10/2014 168,352,000.00 - 741,688.78
107 3/10/2014 168,352,000.00 - 741,997.32
108 4/10/2014 168,352,000.00 - 766,464.33
109 5/10/2014 168,352,000.00 - 741,664.08
110 6/10/2014 168,352,000.00 - 766,447.69
111 7/10/2014 168,352,000.00 - 741,647.83
112 8/10/2014 168,352,000.00 - 766,430.75
113 9/10/2014 168,352,000.00 - 766,422.47
114 10/10/2014 168,352,000.00 - 741,623.19
115 11/10/2014 168,352,000.00 - 763,446.91
116 12/10/2014 168,352,000.00 - 740,044.16
117 1/10/2015 168,352,000.00 39,863,265.70 739,441.49
118 2/10/2015 128,488,734.30 95,609,640.53 557,255.75
119 3/10/2015 32,879,093.76 32,879,093.76 149,829.90
Price/Yield Table - Class A-1A
- ------------------------------------------------------------------------------------------------------------------------------------
Security ID: BACM 2005-1 Initial Balance: 219,184,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 4.844%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
During YM 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
100.00000000 5.07 5.09 5.11 5.12 5.14
- ------------------------------------------------------------------------------------------------------------------------------------
100.06250000 5.06 5.08 5.10 5.11 5.12
- ------------------------------------------------------------------------------------------------------------------------------------
100.12500000 5.05 5.07 5.09 5.10 5.11
- ------------------------------------------------------------------------------------------------------------------------------------
100.18750000 5.04 5.06 5.08 5.09 5.10
- ------------------------------------------------------------------------------------------------------------------------------------
100.25000000 5.03 5.05 5.07 5.08 5.09
- ------------------------------------------------------------------------------------------------------------------------------------
100.31250000 5.02 5.04 5.06 5.07 5.08
- ------------------------------------------------------------------------------------------------------------------------------------
100.37500000 5.01 5.03 5.05 5.06 5.07
- ------------------------------------------------------------------------------------------------------------------------------------
100.43750000 5.00 5.02 5.04 5.05 5.06
- ------------------------------------------------------------------------------------------------------------------------------------
100.50000000 4.99 5.01 5.02 5.03 5.05
- ------------------------------------------------------------------------------------------------------------------------------------
100.56250000 4.98 5.00 5.01 5.02 5.04
- ------------------------------------------------------------------------------------------------------------------------------------
100.62500000 4.96 4.99 5.00 5.01 5.03
- ------------------------------------------------------------------------------------------------------------------------------------
100.68750000 4.95 4.98 4.99 5.00 5.01
- ------------------------------------------------------------------------------------------------------------------------------------
100.75000000 4.94 4.97 4.98 4.99 5.00
- ------------------------------------------------------------------------------------------------------------------------------------
100.81250000 4.93 4.96 4.97 4.98 4.99
- ------------------------------------------------------------------------------------------------------------------------------------
100.87500000 4.92 4.95 4.96 4.97 4.98
- ------------------------------------------------------------------------------------------------------------------------------------
100.93750000 4.91 4.94 4.95 4.96 4.97
- ------------------------------------------------------------------------------------------------------------------------------------
101.00000000 4.90 4.93 4.94 4.95 4.96
- ------------------------------------------------------------------------------------------------------------------------------------
WAL (yrs) 7.39 7.27 7.20 7.14 6.97
- ------------------------------------------------------------------------------------------------------------------------------------
Mod Dur 5.97 5.87 5.82 5.77 5.65
- ------------------------------------------------------------------------------------------------------------------------------------
First Prin Pay 5/10/2005 5/10/2005 5/10/2005 5/10/2005 5/10/2005
- ------------------------------------------------------------------------------------------------------------------------------------
Maturity 1/10/2015 1/10/2015 1/10/2015 1/10/2015 10/10/2014
- ------------------------------------------------------------------------------------------------------------------------------------
Yield Spread 66 69 71 72 75
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Assumptions Treasury Curve as of
- ------------------------------------------------------------------------------------------------------------------------------------
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
- ------------------------------------------------------------------------------------------------------------------------------------
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
- --------------------------------------------------------------------------------
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class A-1
- ------------------------------------------------------------------------------------------------------------------------------------
Security ID: BACM 2005-1 Initial Balance: 39,800,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 4.2530%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
During YM 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
99.75000000 4.39 4.56 4.58 4.59 4.63
- ------------------------------------------------------------------------------------------------------------------------------------
99.81250000 4.35 4.51 4.53 4.54 4.56
- ------------------------------------------------------------------------------------------------------------------------------------
99.87500000 4.30 4.46 4.47 4.48 4.50
- ------------------------------------------------------------------------------------------------------------------------------------
99.93750000 4.26 4.40 4.42 4.42 4.44
- ------------------------------------------------------------------------------------------------------------------------------------
100.00000000 4.22 4.35 4.36 4.36 4.38
- ------------------------------------------------------------------------------------------------------------------------------------
100.06250000 4.17 4.30 4.31 4.31 4.31
- ------------------------------------------------------------------------------------------------------------------------------------
100.12500000 4.13 4.25 4.25 4.25 4.25
- ------------------------------------------------------------------------------------------------------------------------------------
100.18750000 4.09 4.20 4.20 4.19 4.19
- ------------------------------------------------------------------------------------------------------------------------------------
100.25000000 4.04 4.15 4.14 4.13 4.12
- ------------------------------------------------------------------------------------------------------------------------------------
100.31250000 4.00 4.10 4.09 4.08 4.06
- ------------------------------------------------------------------------------------------------------------------------------------
100.37500000 3.96 4.05 4.03 4.02 4.00
- ------------------------------------------------------------------------------------------------------------------------------------
100.43750000 3.91 4.00 3.98 3.96 3.94
- ------------------------------------------------------------------------------------------------------------------------------------
100.50000000 3.87 3.95 3.93 3.90 3.88
- ------------------------------------------------------------------------------------------------------------------------------------
100.56250000 3.83 3.89 3.87 3.85 3.81
- ------------------------------------------------------------------------------------------------------------------------------------
100.62500000 3.78 3.84 3.82 3.79 3.75
- ------------------------------------------------------------------------------------------------------------------------------------
100.68750000 3.74 3.79 3.76 3.73 3.69
- ------------------------------------------------------------------------------------------------------------------------------------
100.75000000 3.70 3.74 3.71 3.68 3.63
- ------------------------------------------------------------------------------------------------------------------------------------
WAL (yrs) 1.52 1.28 1.20 1.14 1.05
- ------------------------------------------------------------------------------------------------------------------------------------
Mod Dur 1.43 1.22 1.14 1.08 1.00
- ------------------------------------------------------------------------------------------------------------------------------------
First Prin Pay 5/10/2005 5/10/2005 5/10/2005 5/10/2005 5/10/2005
- ------------------------------------------------------------------------------------------------------------------------------------
Maturity 1/10/2008 4/10/2007 2/10/2007 1/10/2007 1/10/2007
- ------------------------------------------------------------------------------------------------------------------------------------
Yield Spread 35 45 45 44 43
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Assumptions Treasury Curve as of
- ------------------------------------------------------------------------------------------------------------------------------------
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
- ------------------------------------------------------------------------------------------------------------------------------------
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
- --------------------------------------------------------------------------------
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class A-2
- ------------------------------------------------------------------------------------------------------------------------------------
Security ID: BACM 2005-1 Initial Balance: 185,100,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 4.549%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
During YM 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
100.00000000 4.55 4.71 4.91 5.06 5.16
- ------------------------------------------------------------------------------------------------------------------------------------
100.06250000 4.52 4.68 4.88 5.03 5.12
- ------------------------------------------------------------------------------------------------------------------------------------
100.12500000 4.50 4.66 4.85 4.99 5.09
- ------------------------------------------------------------------------------------------------------------------------------------
100.18750000 4.47 4.63 4.83 4.96 5.05
- ------------------------------------------------------------------------------------------------------------------------------------
100.25000000 4.45 4.60 4.80 4.93 5.01
- ------------------------------------------------------------------------------------------------------------------------------------
100.31250000 4.42 4.58 4.77 4.90 4.97
- ------------------------------------------------------------------------------------------------------------------------------------
100.37500000 4.40 4.55 4.74 4.87 4.94
- ------------------------------------------------------------------------------------------------------------------------------------
100.43750000 4.37 4.53 4.71 4.84 4.90
- ------------------------------------------------------------------------------------------------------------------------------------
100.50000000 4.35 4.50 4.68 4.81 4.86
- ------------------------------------------------------------------------------------------------------------------------------------
100.56250000 4.33 4.47 4.66 4.78 4.83
- ------------------------------------------------------------------------------------------------------------------------------------
100.62500000 4.30 4.45 4.63 4.75 4.79
- ------------------------------------------------------------------------------------------------------------------------------------
100.68750000 4.28 4.42 4.60 4.72 4.75
- ------------------------------------------------------------------------------------------------------------------------------------
100.75000000 4.25 4.40 4.57 4.69 4.72
- ------------------------------------------------------------------------------------------------------------------------------------
100.81250000 4.23 4.37 4.54 4.66 4.68
- ------------------------------------------------------------------------------------------------------------------------------------
100.87500000 4.20 4.34 4.52 4.63 4.64
- ------------------------------------------------------------------------------------------------------------------------------------
100.93750000 4.18 4.32 4.49 4.60 4.61
- ------------------------------------------------------------------------------------------------------------------------------------
101.00000000 4.15 4.29 4.46 4.56 4.57
- ------------------------------------------------------------------------------------------------------------------------------------
WAL (yrs) 2.74 2.59 2.38 2.17 1.80
- ------------------------------------------------------------------------------------------------------------------------------------
Mod Dur 2.53 2.39 2.20 2.02 1.69
- ------------------------------------------------------------------------------------------------------------------------------------
First Prin Pay 1/10/2008 4/10/2007 2/10/2007 1/10/2007 1/10/2007
- ------------------------------------------------------------------------------------------------------------------------------------
Maturity 1/10/2008 1/10/2008 1/10/2008 10/10/2007 3/10/2007
- ------------------------------------------------------------------------------------------------------------------------------------
Yield Spread 51 69 91 108 117
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Assumptions Treasury Curve as of
- ------------------------------------------------------------------------------------------------------------------------------------
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
- ------------------------------------------------------------------------------------------------------------------------------------
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
- --------------------------------------------------------------------------------
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class A-3
- ------------------------------------------------------------------------------------------------------------------------------------
Security ID: BACM 2005-1 Initial Balance: 555,000,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 4.778%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
During YM 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
100.00000000 4.80 4.88 4.93 4.96 5.06
- ------------------------------------------------------------------------------------------------------------------------------------
100.06250000 4.78 4.86 4.91 4.94 5.03
- ------------------------------------------------------------------------------------------------------------------------------------
100.12500000 4.77 4.84 4.89 4.92 5.01
- ------------------------------------------------------------------------------------------------------------------------------------
100.18750000 4.75 4.83 4.87 4.90 4.99
- ------------------------------------------------------------------------------------------------------------------------------------
100.25000000 4.74 4.81 4.85 4.88 4.96
- ------------------------------------------------------------------------------------------------------------------------------------
100.31250000 4.72 4.79 4.83 4.86 4.94
- ------------------------------------------------------------------------------------------------------------------------------------
100.37500000 4.71 4.78 4.81 4.84 4.92
- ------------------------------------------------------------------------------------------------------------------------------------
100.43750000 4.69 4.76 4.80 4.82 4.89
- ------------------------------------------------------------------------------------------------------------------------------------
100.50000000 4.68 4.74 4.78 4.80 4.87
- ------------------------------------------------------------------------------------------------------------------------------------
100.56250000 4.66 4.73 4.76 4.78 4.85
- ------------------------------------------------------------------------------------------------------------------------------------
100.62500000 4.65 4.71 4.74 4.76 4.82
- ------------------------------------------------------------------------------------------------------------------------------------
100.68750000 4.63 4.69 4.72 4.74 4.80
- ------------------------------------------------------------------------------------------------------------------------------------
100.75000000 4.62 4.68 4.70 4.72 4.78
- ------------------------------------------------------------------------------------------------------------------------------------
100.81250000 4.60 4.66 4.68 4.70 4.75
- ------------------------------------------------------------------------------------------------------------------------------------
100.87500000 4.59 4.64 4.67 4.68 4.73
- ------------------------------------------------------------------------------------------------------------------------------------
100.93750000 4.58 4.63 4.65 4.66 4.71
- ------------------------------------------------------------------------------------------------------------------------------------
101.00000000 4.56 4.61 4.63 4.64 4.68
- ------------------------------------------------------------------------------------------------------------------------------------
WAL (yrs) 4.79 4.18 3.73 3.41 2.94
- ------------------------------------------------------------------------------------------------------------------------------------
Mod Dur 4.19 3.69 3.33 3.06 2.66
- ------------------------------------------------------------------------------------------------------------------------------------
First Prin Pay 10/10/2009 1/10/2008 1/10/2008 10/10/2007 3/10/2007
- ------------------------------------------------------------------------------------------------------------------------------------
Maturity 4/10/2010 4/10/2010 1/10/2010 1/10/2010 10/10/2009
- ------------------------------------------------------------------------------------------------------------------------------------
Yield Spread 54 69 78 85 99
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Assumptions Treasury Curve as of
- ------------------------------------------------------------------------------------------------------------------------------------
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
- ------------------------------------------------------------------------------------------------------------------------------------
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
- --------------------------------------------------------------------------------
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class A-4
- ------------------------------------------------------------------------------------------------------------------------------------
Security ID: BACM 2005-1 Initial Balance: 343,041,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 4.993%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
During YM 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
100.00000000 5.02 5.04 5.03 5.03 5.02
- ------------------------------------------------------------------------------------------------------------------------------------
100.06250000 5.01 5.02 5.02 5.01 5.01
- ------------------------------------------------------------------------------------------------------------------------------------
100.12500000 5.00 5.01 5.01 5.00 5.00
- ------------------------------------------------------------------------------------------------------------------------------------
100.18750000 4.99 5.00 5.00 4.99 4.98
- ------------------------------------------------------------------------------------------------------------------------------------
100.25000000 4.98 4.99 4.98 4.97 4.97
- ------------------------------------------------------------------------------------------------------------------------------------
100.31250000 4.97 4.97 4.97 4.96 4.96
- ------------------------------------------------------------------------------------------------------------------------------------
100.37500000 4.96 4.96 4.96 4.95 4.94
- ------------------------------------------------------------------------------------------------------------------------------------
100.43750000 4.95 4.95 4.95 4.94 4.93
- ------------------------------------------------------------------------------------------------------------------------------------
100.50000000 4.94 4.94 4.93 4.92 4.92
- ------------------------------------------------------------------------------------------------------------------------------------
100.56250000 4.92 4.93 4.92 4.91 4.90
- ------------------------------------------------------------------------------------------------------------------------------------
100.62500000 4.91 4.91 4.91 4.90 4.89
- ------------------------------------------------------------------------------------------------------------------------------------
100.68750000 4.90 4.90 4.90 4.89 4.88
- ------------------------------------------------------------------------------------------------------------------------------------
100.75000000 4.89 4.89 4.88 4.87 4.86
- ------------------------------------------------------------------------------------------------------------------------------------
100.81250000 4.88 4.88 4.87 4.86 4.85
- ------------------------------------------------------------------------------------------------------------------------------------
100.87500000 4.87 4.87 4.86 4.85 4.84
- ------------------------------------------------------------------------------------------------------------------------------------
100.93750000 4.86 4.85 4.85 4.83 4.82
- ------------------------------------------------------------------------------------------------------------------------------------
101.00000000 4.85 4.84 4.83 4.82 4.81
- ------------------------------------------------------------------------------------------------------------------------------------
WAL (yrs) 6.83 6.13 5.84 5.72 5.44
- ------------------------------------------------------------------------------------------------------------------------------------
Mod Dur 5.66 5.16 4.95 4.86 4.64
- ------------------------------------------------------------------------------------------------------------------------------------
First Prin Pay 1/10/2012 4/10/2010 1/10/2010 1/10/2010 10/10/2009
- ------------------------------------------------------------------------------------------------------------------------------------
Maturity 4/10/2012 2/10/2012 2/10/2012 2/10/2012 1/10/2012
- ------------------------------------------------------------------------------------------------------------------------------------
Yield Spread 65 70 71 71 72
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Assumptions Treasury Curve as of
- ------------------------------------------------------------------------------------------------------------------------------------
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
- ------------------------------------------------------------------------------------------------------------------------------------
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
- --------------------------------------------------------------------------------
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class A-SB
- ------------------------------------------------------------------------------------------------------------------------------------
Security ID: BACM 2005-1 Initial Balance: 132,125,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 4.966%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
During YM 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
100.00000000 4.99 5.09 5.08 5.06 5.02
- ------------------------------------------------------------------------------------------------------------------------------------
100.06250000 4.98 5.08 5.07 5.05 5.00
- ------------------------------------------------------------------------------------------------------------------------------------
100.12500000 4.97 5.06 5.06 5.04 4.99
- ------------------------------------------------------------------------------------------------------------------------------------
100.18750000 4.96 5.05 5.04 5.03 4.98
- ------------------------------------------------------------------------------------------------------------------------------------
100.25000000 4.95 5.04 5.03 5.01 4.97
- ------------------------------------------------------------------------------------------------------------------------------------
100.31250000 4.94 5.02 5.02 5.00 4.95
- ------------------------------------------------------------------------------------------------------------------------------------
100.37500000 4.92 5.01 5.00 4.99 4.94
- ------------------------------------------------------------------------------------------------------------------------------------
100.43750000 4.91 5.00 4.99 4.98 4.93
- ------------------------------------------------------------------------------------------------------------------------------------
100.50000000 4.90 4.99 4.98 4.96 4.91
- ------------------------------------------------------------------------------------------------------------------------------------
100.56250000 4.89 4.97 4.97 4.95 4.90
- ------------------------------------------------------------------------------------------------------------------------------------
100.62500000 4.88 4.96 4.95 4.94 4.89
- ------------------------------------------------------------------------------------------------------------------------------------
100.68750000 4.86 4.95 4.94 4.93 4.88
- ------------------------------------------------------------------------------------------------------------------------------------
100.75000000 4.85 4.94 4.93 4.91 4.86
- ------------------------------------------------------------------------------------------------------------------------------------
100.81250000 4.84 4.92 4.92 4.90 4.85
- ------------------------------------------------------------------------------------------------------------------------------------
100.87500000 4.83 4.91 4.90 4.89 4.84
- ------------------------------------------------------------------------------------------------------------------------------------
100.93750000 4.82 4.90 4.89 4.87 4.83
- ------------------------------------------------------------------------------------------------------------------------------------
101.00000000 4.81 4.89 4.88 4.86 4.81
- ------------------------------------------------------------------------------------------------------------------------------------
WAL (yrs) 6.37 5.85 5.82 5.81 5.77
- ------------------------------------------------------------------------------------------------------------------------------------
Mod Dur 5.28 4.93 4.91 4.90 4.88
- ------------------------------------------------------------------------------------------------------------------------------------
First Prin Pay 1/10/2008 1/10/2008 1/10/2008 1/10/2008 1/10/2008
- ------------------------------------------------------------------------------------------------------------------------------------
Maturity 10/10/2014 7/10/2012 4/10/2012 4/10/2012 1/10/2012
- ------------------------------------------------------------------------------------------------------------------------------------
Yield Spread 64 76 76 74 70
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Assumptions Treasury Curve as of
- ------------------------------------------------------------------------------------------------------------------------------------
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
- ------------------------------------------------------------------------------------------------------------------------------------
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
- --------------------------------------------------------------------------------
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class A-4
- ------------------------------------------------------------------------------------------------------------------------------------
Security ID: BACM 2005-1 Initial Balance: 383,422,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 4.929%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
During YM 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
100.00000000 5.19 5.20 5.21 5.21 5.22
- ------------------------------------------------------------------------------------------------------------------------------------
100.06250000 5.18 5.19 5.20 5.20 5.21
- ------------------------------------------------------------------------------------------------------------------------------------
100.12500000 5.18 5.19 5.19 5.19 5.20
- ------------------------------------------------------------------------------------------------------------------------------------
100.18750000 5.17 5.18 5.18 5.18 5.19
- ------------------------------------------------------------------------------------------------------------------------------------
100.25000000 5.16 5.17 5.17 5.18 5.18
- ------------------------------------------------------------------------------------------------------------------------------------
100.31250000 5.15 5.16 5.16 5.17 5.17
- ------------------------------------------------------------------------------------------------------------------------------------
100.37500000 5.14 5.15 5.15 5.16 5.17
- ------------------------------------------------------------------------------------------------------------------------------------
100.43750000 5.13 5.14 5.15 5.15 5.16
- ------------------------------------------------------------------------------------------------------------------------------------
100.50000000 5.13 5.13 5.14 5.14 5.15
- ------------------------------------------------------------------------------------------------------------------------------------
100.56250000 5.12 5.13 5.13 5.13 5.14
- ------------------------------------------------------------------------------------------------------------------------------------
100.62500000 5.11 5.12 5.12 5.12 5.13
- ------------------------------------------------------------------------------------------------------------------------------------
100.68750000 5.10 5.11 5.11 5.11 5.12
- ------------------------------------------------------------------------------------------------------------------------------------
100.75000000 5.09 5.10 5.10 5.11 5.11
- ------------------------------------------------------------------------------------------------------------------------------------
100.81250000 5.08 5.09 5.09 5.10 5.10
- ------------------------------------------------------------------------------------------------------------------------------------
100.87500000 5.08 5.08 5.09 5.09 5.09
- ------------------------------------------------------------------------------------------------------------------------------------
100.93750000 5.07 5.07 5.08 5.08 5.09
- ------------------------------------------------------------------------------------------------------------------------------------
101.00000000 5.06 5.07 5.07 5.07 5.08
- ------------------------------------------------------------------------------------------------------------------------------------
WAL (yrs) 9.62 9.32 9.21 9.16 8.96
- ------------------------------------------------------------------------------------------------------------------------------------
Mod Dur 7.44 7.26 7.19 7.15 7.02
- ------------------------------------------------------------------------------------------------------------------------------------
First Prin Pay 10/10/2014 7/10/2012 4/10/2012 4/10/2012 1/10/2012
- ------------------------------------------------------------------------------------------------------------------------------------
Maturity 1/10/2015 1/10/2015 1/10/2015 12/10/2014 10/10/2014
- ------------------------------------------------------------------------------------------------------------------------------------
Yield Spread 65 67 68 69 71
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Assumptions Treasury Curve as of
- ------------------------------------------------------------------------------------------------------------------------------------
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
- ------------------------------------------------------------------------------------------------------------------------------------
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
- --------------------------------------------------------------------------------
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class A-J
- ------------------------------------------------------------------------------------------------------------------------------------
Security ID: BACM 2005-1 Initial Balance: 168,352,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 4.987%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
During YM 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
100.00000000 5.25 5.26 5.27 5.28 5.29
- ------------------------------------------------------------------------------------------------------------------------------------
100.06250000 5.24 5.26 5.26 5.27 5.28
- ------------------------------------------------------------------------------------------------------------------------------------
100.12500000 5.24 5.25 5.25 5.26 5.27
- ------------------------------------------------------------------------------------------------------------------------------------
100.18750000 5.23 5.24 5.25 5.25 5.26
- ------------------------------------------------------------------------------------------------------------------------------------
100.25000000 5.22 5.23 5.24 5.24 5.25
- ------------------------------------------------------------------------------------------------------------------------------------
100.31250000 5.21 5.22 5.23 5.23 5.24
- ------------------------------------------------------------------------------------------------------------------------------------
100.37500000 5.20 5.21 5.22 5.23 5.24
- ------------------------------------------------------------------------------------------------------------------------------------
100.43750000 5.20 5.21 5.21 5.22 5.23
- ------------------------------------------------------------------------------------------------------------------------------------
100.50000000 5.19 5.20 5.20 5.21 5.22
- ------------------------------------------------------------------------------------------------------------------------------------
100.56250000 5.18 5.19 5.20 5.20 5.21
- ------------------------------------------------------------------------------------------------------------------------------------
100.62500000 5.17 5.18 5.19 5.19 5.20
- ------------------------------------------------------------------------------------------------------------------------------------
100.68750000 5.16 5.17 5.18 5.18 5.19
- ------------------------------------------------------------------------------------------------------------------------------------
100.75000000 5.15 5.16 5.17 5.18 5.19
- ------------------------------------------------------------------------------------------------------------------------------------
100.81250000 5.15 5.16 5.16 5.17 5.18
- ------------------------------------------------------------------------------------------------------------------------------------
100.87500000 5.14 5.15 5.15 5.16 5.17
- ------------------------------------------------------------------------------------------------------------------------------------
100.93750000 5.13 5.14 5.15 5.15 5.16
- ------------------------------------------------------------------------------------------------------------------------------------
101.00000000 5.12 5.13 5.14 5.14 5.15
- ------------------------------------------------------------------------------------------------------------------------------------
WAL (yrs) 9.79 9.78 9.77 9.76 9.57
- ------------------------------------------------------------------------------------------------------------------------------------
Mod Dur 7.52 7.51 7.51 7.50 7.38
- ------------------------------------------------------------------------------------------------------------------------------------
First Prin Pay 1/10/2015 1/10/2015 1/10/2015 1/10/2015 10/10/2014
- ------------------------------------------------------------------------------------------------------------------------------------
Maturity 2/10/2015 2/10/2015 2/10/2015 2/10/2015 12/10/2014
- ------------------------------------------------------------------------------------------------------------------------------------
Yield Spread 70 71 71 72 74
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Assumptions Treasury Curve as of
- ------------------------------------------------------------------------------------------------------------------------------------
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
- ------------------------------------------------------------------------------------------------------------------------------------
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
- --------------------------------------------------------------------------------
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class B
- ------------------------------------------------------------------------------------------------------------------------------------
Security ID: BACM 2005-1 Initial Balance: 60,955,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 5.002%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
During YM 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
99.75000000 5.30 5.31 5.32 5.32 5.34
- ------------------------------------------------------------------------------------------------------------------------------------
99.81250000 5.29 5.30 5.31 5.32 5.33
- ------------------------------------------------------------------------------------------------------------------------------------
99.87500000 5.29 5.30 5.30 5.31 5.32
- ------------------------------------------------------------------------------------------------------------------------------------
99.93750000 5.28 5.29 5.29 5.30 5.31
- ------------------------------------------------------------------------------------------------------------------------------------
100.00000000 5.27 5.28 5.29 5.29 5.30
- ------------------------------------------------------------------------------------------------------------------------------------
100.06250000 5.26 5.27 5.28 5.28 5.29
- ------------------------------------------------------------------------------------------------------------------------------------
100.12500000 5.25 5.26 5.27 5.27 5.28
- ------------------------------------------------------------------------------------------------------------------------------------
100.18750000 5.24 5.25 5.26 5.27 5.28
- ------------------------------------------------------------------------------------------------------------------------------------
100.25000000 5.24 5.25 5.25 5.26 5.27
- ------------------------------------------------------------------------------------------------------------------------------------
100.31250000 5.23 5.24 5.24 5.25 5.26
- ------------------------------------------------------------------------------------------------------------------------------------
100.37500000 5.22 5.23 5.24 5.24 5.25
- ------------------------------------------------------------------------------------------------------------------------------------
100.43750000 5.21 5.22 5.23 5.23 5.24
- ------------------------------------------------------------------------------------------------------------------------------------
100.50000000 5.20 5.21 5.22 5.23 5.23
- ------------------------------------------------------------------------------------------------------------------------------------
100.56250000 5.20 5.21 5.21 5.22 5.23
- ------------------------------------------------------------------------------------------------------------------------------------
100.62500000 5.19 5.20 5.20 5.21 5.22
- ------------------------------------------------------------------------------------------------------------------------------------
100.68750000 5.18 5.19 5.19 5.20 5.21
- ------------------------------------------------------------------------------------------------------------------------------------
100.75000000 5.17 5.18 5.19 5.19 5.20
- ------------------------------------------------------------------------------------------------------------------------------------
WAL (yrs) 9.87 9.84 9.83 9.83 9.66
- ------------------------------------------------------------------------------------------------------------------------------------
Mod Dur 7.56 7.54 7.53 7.53 7.43
- ------------------------------------------------------------------------------------------------------------------------------------
First Prin Pay 2/10/2015 2/10/2015 2/10/2015 2/10/2015 12/10/2014
- ------------------------------------------------------------------------------------------------------------------------------------
Maturity 3/10/2015 3/10/2015 2/10/2015 2/10/2015 12/10/2014
- ------------------------------------------------------------------------------------------------------------------------------------
Yield Spread 74 75 76 76 79
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Assumptions Treasury Curve as of
- ------------------------------------------------------------------------------------------------------------------------------------
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
- ------------------------------------------------------------------------------------------------------------------------------------
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
- --------------------------------------------------------------------------------
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class C
- ------------------------------------------------------------------------------------------------------------------------------------
Security ID: BACM 2005-1 Initial Balance: 20,318,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 5.002%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
During YM 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
99.50000000 5.34 5.35 5.35 5.36 5.37
- ------------------------------------------------------------------------------------------------------------------------------------
99.56250000 5.33 5.34 5.35 5.35 5.36
- ------------------------------------------------------------------------------------------------------------------------------------
99.62500000 5.32 5.33 5.34 5.34 5.35
- ------------------------------------------------------------------------------------------------------------------------------------
99.68750000 5.31 5.32 5.33 5.33 5.34
- ------------------------------------------------------------------------------------------------------------------------------------
99.75000000 5.30 5.31 5.32 5.32 5.34
- ------------------------------------------------------------------------------------------------------------------------------------
99.81250000 5.29 5.31 5.31 5.32 5.33
- ------------------------------------------------------------------------------------------------------------------------------------
99.87500000 5.29 5.30 5.30 5.31 5.32
- ------------------------------------------------------------------------------------------------------------------------------------
99.93750000 5.28 5.29 5.30 5.30 5.31
- ------------------------------------------------------------------------------------------------------------------------------------
100.00000000 5.27 5.28 5.29 5.29 5.30
- ------------------------------------------------------------------------------------------------------------------------------------
100.06250000 5.26 5.27 5.28 5.28 5.29
- ------------------------------------------------------------------------------------------------------------------------------------
100.12500000 5.25 5.26 5.27 5.27 5.28
- ------------------------------------------------------------------------------------------------------------------------------------
100.18750000 5.25 5.26 5.26 5.27 5.28
- ------------------------------------------------------------------------------------------------------------------------------------
100.25000000 5.24 5.25 5.25 5.26 5.27
- ------------------------------------------------------------------------------------------------------------------------------------
100.31250000 5.23 5.24 5.25 5.25 5.26
- ------------------------------------------------------------------------------------------------------------------------------------
100.37500000 5.22 5.23 5.24 5.24 5.25
- ------------------------------------------------------------------------------------------------------------------------------------
100.43750000 5.21 5.22 5.23 5.23 5.24
- ------------------------------------------------------------------------------------------------------------------------------------
100.50000000 5.20 5.22 5.22 5.23 5.23
- ------------------------------------------------------------------------------------------------------------------------------------
WAL (yrs) 9.91 9.91 9.90 9.83 9.68
- ------------------------------------------------------------------------------------------------------------------------------------
Mod Dur 7.58 7.58 7.57 7.53 7.43
- ------------------------------------------------------------------------------------------------------------------------------------
First Prin Pay 3/10/2015 3/10/2015 2/10/2015 2/10/2015 12/10/2014
- ------------------------------------------------------------------------------------------------------------------------------------
Maturity 3/10/2015 3/10/2015 3/10/2015 2/10/2015 1/10/2015
- ------------------------------------------------------------------------------------------------------------------------------------
Yield Spread 77 78 79 80 82
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Assumptions Treasury Curve as of
- ------------------------------------------------------------------------------------------------------------------------------------
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
- ------------------------------------------------------------------------------------------------------------------------------------
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
- --------------------------------------------------------------------------------
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class D
- ------------------------------------------------------------------------------------------------------------------------------------
Security ID: BACM 2005-1 Initial Balance: 43,539,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 5.002%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
During YM 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
98.94599000 5.41 5.42 5.43 5.43 5.44
- ------------------------------------------------------------------------------------------------------------------------------------
99.00849000 5.40 5.41 5.42 5.42 5.43
- ------------------------------------------------------------------------------------------------------------------------------------
99.07099000 5.39 5.40 5.41 5.42 5.43
- ------------------------------------------------------------------------------------------------------------------------------------
99.13349000 5.38 5.40 5.40 5.41 5.42
- ------------------------------------------------------------------------------------------------------------------------------------
99.19599000 5.38 5.39 5.39 5.40 5.41
- ------------------------------------------------------------------------------------------------------------------------------------
99.25849000 5.37 5.38 5.39 5.39 5.40
- ------------------------------------------------------------------------------------------------------------------------------------
99.32099000 5.36 5.37 5.38 5.38 5.39
- ------------------------------------------------------------------------------------------------------------------------------------
99.38349000 5.35 5.36 5.37 5.37 5.38
- ------------------------------------------------------------------------------------------------------------------------------------
99.44599000 5.34 5.35 5.36 5.37 5.38
- ------------------------------------------------------------------------------------------------------------------------------------
99.50849000 5.34 5.35 5.35 5.36 5.37
- ------------------------------------------------------------------------------------------------------------------------------------
99.57099000 5.33 5.34 5.34 5.35 5.36
- ------------------------------------------------------------------------------------------------------------------------------------
99.63349000 5.32 5.33 5.34 5.34 5.35
- ------------------------------------------------------------------------------------------------------------------------------------
99.69599000 5.31 5.32 5.33 5.33 5.34
- ------------------------------------------------------------------------------------------------------------------------------------
99.75849000 5.30 5.31 5.32 5.32 5.33
- ------------------------------------------------------------------------------------------------------------------------------------
99.82099000 5.29 5.30 5.31 5.32 5.33
- ------------------------------------------------------------------------------------------------------------------------------------
99.88349000 5.29 5.30 5.30 5.31 5.32
- ------------------------------------------------------------------------------------------------------------------------------------
99.94599000 5.28 5.29 5.29 5.30 5.31
- ------------------------------------------------------------------------------------------------------------------------------------
WAL (yrs) 9.91 9.91 9.91 9.90 9.74
- ------------------------------------------------------------------------------------------------------------------------------------
Mod Dur 7.57 7.57 7.57 7.56 7.46
- ------------------------------------------------------------------------------------------------------------------------------------
First Prin Pay 3/10/2015 3/10/2015 3/10/2015 2/10/2015 1/10/2015
- ------------------------------------------------------------------------------------------------------------------------------------
Maturity 3/10/2015 3/10/2015 3/10/2015 3/10/2015 1/10/2015
- ------------------------------------------------------------------------------------------------------------------------------------
Yield Spread 84 85 86 87 89
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Assumptions Treasury Curve as of
- ------------------------------------------------------------------------------------------------------------------------------------
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
- ------------------------------------------------------------------------------------------------------------------------------------
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
- --------------------------------------------------------------------------------
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class A-1A
- ------------------------------------------------------------------------------------------------------------------------------------
Security ID: BACM 2005-1 Initial Balance: 219,184,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 4.844%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
During YM 0.00% 0.00% 0.00% 0.00% 0.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
100.00000000 5.07 5.07 5.07 5.07 5.08
- ------------------------------------------------------------------------------------------------------------------------------------
100.06250000 5.06 5.06 5.06 5.06 5.07
- ------------------------------------------------------------------------------------------------------------------------------------
100.12500000 5.05 5.05 5.05 5.05 5.05
- ------------------------------------------------------------------------------------------------------------------------------------
100.18750000 5.04 5.04 5.04 5.04 5.04
- ------------------------------------------------------------------------------------------------------------------------------------
100.25000000 5.03 5.03 5.03 5.03 5.03
- ------------------------------------------------------------------------------------------------------------------------------------
100.31250000 5.02 5.02 5.02 5.02 5.02
- ------------------------------------------------------------------------------------------------------------------------------------
100.37500000 5.01 5.01 5.01 5.01 5.01
- ------------------------------------------------------------------------------------------------------------------------------------
100.43750000 5.00 5.00 5.00 5.00 5.00
- ------------------------------------------------------------------------------------------------------------------------------------
100.50000000 4.99 4.99 4.99 4.99 4.99
- ------------------------------------------------------------------------------------------------------------------------------------
100.56250000 4.98 4.98 4.98 4.98 4.98
- ------------------------------------------------------------------------------------------------------------------------------------
100.62500000 4.96 4.97 4.97 4.97 4.97
- ------------------------------------------------------------------------------------------------------------------------------------
100.68750000 4.95 4.95 4.96 4.96 4.96
- ------------------------------------------------------------------------------------------------------------------------------------
100.75000000 4.94 4.94 4.95 4.95 4.95
- ------------------------------------------------------------------------------------------------------------------------------------
100.81250000 4.93 4.93 4.93 4.94 4.94
- ------------------------------------------------------------------------------------------------------------------------------------
100.87500000 4.92 4.92 4.92 4.93 4.93
- ------------------------------------------------------------------------------------------------------------------------------------
100.93750000 4.91 4.91 4.91 4.91 4.92
- ------------------------------------------------------------------------------------------------------------------------------------
101.00000000 4.90 4.90 4.90 4.90 4.91
- ------------------------------------------------------------------------------------------------------------------------------------
WAL (yrs) 7.39 7.38 7.37 7.35 7.20
- ------------------------------------------------------------------------------------------------------------------------------------
Mod Dur 5.97 5.96 5.96 5.94 5.84
- ------------------------------------------------------------------------------------------------------------------------------------
First Prin Pay 5/10/2005 5/10/2005 5/10/2005 5/10/2005 5/10/2005
- ------------------------------------------------------------------------------------------------------------------------------------
Maturity 1/10/2015 1/10/2015 1/10/2015 1/10/2015 10/10/2014
- ------------------------------------------------------------------------------------------------------------------------------------
Yield Spread 66 66 66 66 68
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Assumptions Treasury Curve as of
- ------------------------------------------------------------------------------------------------------------------------------------
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
- ------------------------------------------------------------------------------------------------------------------------------------
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
- --------------------------------------------------------------------------------
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class A-1
- ------------------------------------------------------------------------------------------------------------------------------------
Security ID: BACM 2005-1 Initial Balance: 39,800,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 4.2530%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
During YM 0.00% 0.00% 0.00% 0.00% 0.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
99.75000000 4.39 4.39 4.39 4.39 4.39
- ------------------------------------------------------------------------------------------------------------------------------------
99.81250000 4.35 4.35 4.35 4.35 4.35
- ------------------------------------------------------------------------------------------------------------------------------------
99.87500000 4.30 4.30 4.30 4.30 4.30
- ------------------------------------------------------------------------------------------------------------------------------------
99.93750000 4.26 4.26 4.26 4.26 4.26
- ------------------------------------------------------------------------------------------------------------------------------------
100.00000000 4.22 4.22 4.22 4.22 4.22
- ------------------------------------------------------------------------------------------------------------------------------------
100.06250000 4.17 4.17 4.17 4.17 4.17
- ------------------------------------------------------------------------------------------------------------------------------------
100.12500000 4.13 4.13 4.13 4.13 4.13
- ------------------------------------------------------------------------------------------------------------------------------------
100.18750000 4.09 4.08 4.08 4.08 4.08
- ------------------------------------------------------------------------------------------------------------------------------------
100.25000000 4.04 4.04 4.04 4.04 4.04
- ------------------------------------------------------------------------------------------------------------------------------------
100.31250000 4.00 4.00 4.00 4.00 4.00
- ------------------------------------------------------------------------------------------------------------------------------------
100.37500000 3.96 3.95 3.95 3.95 3.95
- ------------------------------------------------------------------------------------------------------------------------------------
100.43750000 3.91 3.91 3.91 3.91 3.91
- ------------------------------------------------------------------------------------------------------------------------------------
100.50000000 3.87 3.87 3.87 3.87 3.87
- ------------------------------------------------------------------------------------------------------------------------------------
100.56250000 3.83 3.82 3.82 3.82 3.82
- ------------------------------------------------------------------------------------------------------------------------------------
100.62500000 3.78 3.78 3.78 3.78 3.78
- ------------------------------------------------------------------------------------------------------------------------------------
100.68750000 3.74 3.74 3.74 3.74 3.74
- ------------------------------------------------------------------------------------------------------------------------------------
100.75000000 3.70 3.69 3.69 3.69 3.69
- ------------------------------------------------------------------------------------------------------------------------------------
WAL (Yrs) 1.52 1.51 1.51 1.51 1.51
- ------------------------------------------------------------------------------------------------------------------------------------
Mod Dur 1.43 1.42 1.42 1.42 1.42
- ------------------------------------------------------------------------------------------------------------------------------------
FirstPrinPay 5/10/2005 5/10/2005 5/10/2005 5/10/2005 5/10/2005
- ------------------------------------------------------------------------------------------------------------------------------------
Maturity 1/10/2008 10/10/2007 10/10/2007 10/10/2007 10/10/2007
- ------------------------------------------------------------------------------------------------------------------------------------
Yield Spread 35 34 34 34 34
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Assumptions Treasury Curve as of
- ------------------------------------------------------------------------------------------------------------------------------------
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
- ------------------------------------------------------------------------------------------------------------------------------------
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
- --------------------------------------------------------------------------------
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class A-2
- ------------------------------------------------------------------------------------------------------------------------------------
Security ID: BACM 2005-1 Initial Balance: 185,100,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 4.549%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
- ------------------------------------------------------------------------------------------------------------------------------------
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
During YM 0.00% 0.00% 0.00% 0.00% 0.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
100.00000000 4.55 4.55 4.55 4.55 4.54
- ------------------------------------------------------------------------------------------------------------------------------------
100.06250000 4.52 4.52 4.52 4.52 4.52
- ------------------------------------------------------------------------------------------------------------------------------------
100.12500000 4.50 4.50 4.50 4.50 4.49
- ------------------------------------------------------------------------------------------------------------------------------------
100.18750000 4.47 4.47 4.47 4.47 4.46
- ------------------------------------------------------------------------------------------------------------------------------------
100.25000000 4.45 4.45 4.45 4.45 4.44
- ------------------------------------------------------------------------------------------------------------------------------------
100.31250000 4.42 4.42 4.42 4.42 4.41
- ------------------------------------------------------------------------------------------------------------------------------------
100.37500000 4.40 4.40 4.40 4.40 4.38
- ------------------------------------------------------------------------------------------------------------------------------------
100.43750000 4.37 4.37 4.37 4.37 4.35
- ------------------------------------------------------------------------------------------------------------------------------------
100.50000000 4.35 4.35 4.35 4.35 4.33
- ------------------------------------------------------------------------------------------------------------------------------------
100.56250000 4.33 4.32 4.32 4.32 4.30
- ------------------------------------------------------------------------------------------------------------------------------------
100.62500000 4.30 4.30 4.30 4.30 4.27
- ------------------------------------------------------------------------------------------------------------------------------------
100.68750000 4.28 4.28 4.27 4.27 4.25
- ------------------------------------------------------------------------------------------------------------------------------------
100.75000000 4.25 4.25 4.25 4.25 4.22
- ------------------------------------------------------------------------------------------------------------------------------------
100.81250000 4.23 4.23 4.22 4.22 4.19
- ------------------------------------------------------------------------------------------------------------------------------------
100.87500000 4.20 4.20 4.20 4.20 4.17
- ------------------------------------------------------------------------------------------------------------------------------------
100.93750000 4.18 4.18 4.18 4.17 4.14
- ------------------------------------------------------------------------------------------------------------------------------------
101.00000000 4.15 4.15 4.15 4.15 4.11
- ------------------------------------------------------------------------------------------------------------------------------------
WAL (yrs) 2.74 2.74 2.72 2.70 2.50
- ------------------------------------------------------------------------------------------------------------------------------------
Mod Dur 2.53 2.52 2.51 2.49 2.32
- ------------------------------------------------------------------------------------------------------------------------------------
First Prin Pay 1/10/2008 10/10/2007 10/10/2007 10/10/2007 10/10/2007
- ------------------------------------------------------------------------------------------------------------------------------------
Maturity 1/10/2008 1/10/2008 1/10/2008 1/10/2008 1/10/2008
- ------------------------------------------------------------------------------------------------------------------------------------
Yield Spread 51 51 51 51 53
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Assumptions Treasury Curve as of
- ------------------------------------------------------------------------------------------------------------------------------------
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
- ------------------------------------------------------------------------------------------------------------------------------------
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
- --------------------------------------------------------------------------------
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class A-3
- ------------------------------------------------------------------------------------------------------------------------------------
Security ID: BACM 2005-1 Initial Balance: 555,000,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 4.778%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
During YM 0.00% 0.00% 0.00% 0.00% 0.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
100.00000000 4.80 4.80 4.80 4.80 4.80
- ------------------------------------------------------------------------------------------------------------------------------------
100.06250000 4.78 4.78 4.78 4.78 4.78
- ------------------------------------------------------------------------------------------------------------------------------------
100.12500000 4.77 4.77 4.77 4.77 4.76
- ------------------------------------------------------------------------------------------------------------------------------------
100.18750000 4.75 4.75 4.75 4.75 4.75
- ------------------------------------------------------------------------------------------------------------------------------------
100.25000000 4.74 4.74 4.74 4.74 4.73
- ------------------------------------------------------------------------------------------------------------------------------------
100.31250000 4.72 4.72 4.72 4.72 4.72
- ------------------------------------------------------------------------------------------------------------------------------------
100.37500000 4.71 4.71 4.71 4.71 4.70
- ------------------------------------------------------------------------------------------------------------------------------------
100.43750000 4.69 4.69 4.69 4.69 4.69
- ------------------------------------------------------------------------------------------------------------------------------------
100.50000000 4.68 4.68 4.68 4.68 4.67
- ------------------------------------------------------------------------------------------------------------------------------------
100.56250000 4.66 4.66 4.66 4.66 4.66
- ------------------------------------------------------------------------------------------------------------------------------------
100.62500000 4.65 4.65 4.65 4.65 4.64
- ------------------------------------------------------------------------------------------------------------------------------------
100.68750000 4.63 4.63 4.63 4.63 4.62
- ------------------------------------------------------------------------------------------------------------------------------------
100.75000000 4.62 4.62 4.62 4.62 4.61
- ------------------------------------------------------------------------------------------------------------------------------------
100.81250000 4.60 4.60 4.60 4.60 4.59
- ------------------------------------------------------------------------------------------------------------------------------------
100.87500000 4.59 4.59 4.59 4.59 4.58
- ------------------------------------------------------------------------------------------------------------------------------------
100.93750000 4.58 4.57 4.57 4.57 4.56
- ------------------------------------------------------------------------------------------------------------------------------------
101.00000000 4.56 4.56 4.56 4.56 4.55
- ------------------------------------------------------------------------------------------------------------------------------------
WAL (yrs) 4.79 4.77 4.75 4.72 4.53
- ------------------------------------------------------------------------------------------------------------------------------------
Mod Dur 4.19 4.18 4.16 4.14 3.99
- ------------------------------------------------------------------------------------------------------------------------------------
First Prin Pay 10/10/2009 8/10/2009 8/10/2009 8/10/2009 8/10/2009
- ------------------------------------------------------------------------------------------------------------------------------------
Maturity 4/10/2010 4/10/2010 4/10/2010 4/10/2010 4/10/2010
- ------------------------------------------------------------------------------------------------------------------------------------
Yield Spread 54 54 55 55 57
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Assumptions Treasury Curve as of
- ------------------------------------------------------------------------------------------------------------------------------------
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
- ------------------------------------------------------------------------------------------------------------------------------------
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
- --------------------------------------------------------------------------------
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class A-4
- ------------------------------------------------------------------------------------------------------------------------------------
Security ID: BACM 2005-1 Initial Balance: 343,041,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 4.993%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
During YM 0.00% 0.00% 0.00% 0.00% 0.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
100.00000000 5.02 5.02 5.02 5.02 5.02
- ------------------------------------------------------------------------------------------------------------------------------------
100.06250000 5.01 5.01 5.01 5.01 5.01
- ------------------------------------------------------------------------------------------------------------------------------------
100.12500000 5.00 5.00 5.00 5.00 5.00
- ------------------------------------------------------------------------------------------------------------------------------------
100.18750000 4.99 4.99 4.99 4.99 4.99
- ------------------------------------------------------------------------------------------------------------------------------------
100.25000000 4.98 4.98 4.98 4.98 4.98
- ------------------------------------------------------------------------------------------------------------------------------------
100.31250000 4.97 4.97 4.97 4.97 4.97
- ------------------------------------------------------------------------------------------------------------------------------------
100.37500000 4.96 4.96 4.96 4.96 4.96
- ------------------------------------------------------------------------------------------------------------------------------------
100.43750000 4.95 4.95 4.95 4.95 4.94
- ------------------------------------------------------------------------------------------------------------------------------------
100.50000000 4.94 4.94 4.93 4.93 4.93
- ------------------------------------------------------------------------------------------------------------------------------------
100.56250000 4.92 4.92 4.92 4.92 4.92
- ------------------------------------------------------------------------------------------------------------------------------------
100.62500000 4.91 4.91 4.91 4.91 4.91
- ------------------------------------------------------------------------------------------------------------------------------------
100.68750000 4.90 4.90 4.90 4.90 4.90
- ------------------------------------------------------------------------------------------------------------------------------------
100.75000000 4.89 4.89 4.89 4.89 4.89
- ------------------------------------------------------------------------------------------------------------------------------------
100.81250000 4.88 4.88 4.88 4.88 4.88
- ------------------------------------------------------------------------------------------------------------------------------------
100.87500000 4.87 4.87 4.87 4.87 4.87
- ------------------------------------------------------------------------------------------------------------------------------------
100.93750000 4.86 4.86 4.86 4.86 4.85
- ------------------------------------------------------------------------------------------------------------------------------------
101.00000000 4.85 4.85 4.85 4.85 4.84
- ------------------------------------------------------------------------------------------------------------------------------------
WAL (yrs) 6.83 6.82 6.81 6.79 6.64
- ------------------------------------------------------------------------------------------------------------------------------------
Mod Dur 5.66 5.66 5.65 5.64 5.53
- ------------------------------------------------------------------------------------------------------------------------------------
First Prin Pay 1/10/2012 8/10/2011 8/10/2011 8/10/2011 8/10/2011
- ------------------------------------------------------------------------------------------------------------------------------------
Maturity 4/10/2012 4/10/2012 4/10/2012 4/10/2012 4/10/2012
- ------------------------------------------------------------------------------------------------------------------------------------
Yield Spread 65 65 65 65 66
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Assumptions Treasury Curve as of
- ------------------------------------------------------------------------------------------------------------------------------------
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
- ------------------------------------------------------------------------------------------------------------------------------------
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
- --------------------------------------------------------------------------------
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class A-AB
- ------------------------------------------------------------------------------------------------------------------------------------
Security ID: BACM 2005-1 Initial Balance: 132,125,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 4.966%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
During YM 0.00% 0.00% 0.00% 0.00% 0.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
100.00000000 4.99 4.99 4.99 4.99 4.99
- ------------------------------------------------------------------------------------------------------------------------------------
100.06250000 4.98 4.98 4.98 4.98 4.98
- ------------------------------------------------------------------------------------------------------------------------------------
100.12500000 4.97 4.97 4.97 4.97 4.97
- ------------------------------------------------------------------------------------------------------------------------------------
100.18750000 4.96 4.96 4.96 4.96 4.96
- ------------------------------------------------------------------------------------------------------------------------------------
100.25000000 4.95 4.95 4.95 4.95 4.95
- ------------------------------------------------------------------------------------------------------------------------------------
100.31250000 4.94 4.94 4.93 4.93 4.93
- ------------------------------------------------------------------------------------------------------------------------------------
100.37500000 4.92 4.92 4.92 4.92 4.92
- ------------------------------------------------------------------------------------------------------------------------------------
100.43750000 4.91 4.91 4.91 4.91 4.91
- ------------------------------------------------------------------------------------------------------------------------------------
100.50000000 4.90 4.90 4.90 4.90 4.90
- ------------------------------------------------------------------------------------------------------------------------------------
100.56250000 4.89 4.89 4.89 4.89 4.89
- ------------------------------------------------------------------------------------------------------------------------------------
100.62500000 4.88 4.88 4.88 4.88 4.88
- ------------------------------------------------------------------------------------------------------------------------------------
100.68750000 4.86 4.86 4.86 4.86 4.86
- ------------------------------------------------------------------------------------------------------------------------------------
100.75000000 4.85 4.85 4.85 4.85 4.85
- ------------------------------------------------------------------------------------------------------------------------------------
100.81250000 4.84 4.84 4.84 4.84 4.84
- ------------------------------------------------------------------------------------------------------------------------------------
100.87500000 4.83 4.83 4.83 4.83 4.83
- ------------------------------------------------------------------------------------------------------------------------------------
100.93750000 4.82 4.82 4.82 4.82 4.82
- ------------------------------------------------------------------------------------------------------------------------------------
101.00000000 4.81 4.81 4.81 4.81 4.80
- ------------------------------------------------------------------------------------------------------------------------------------
WAL (yrs) 6.37 6.36 6.35 6.35 6.32
- ------------------------------------------------------------------------------------------------------------------------------------
Mod Dur 5.28 5.28 5.28 5.27 5.25
- ------------------------------------------------------------------------------------------------------------------------------------
First Prin Pay 1/10/2008 1/10/2008 1/10/2008 1/10/2008 1/10/2008
- ------------------------------------------------------------------------------------------------------------------------------------
Maturity 10/10/2014 6/10/2014 5/10/2014 5/10/2014 5/10/2014
- ------------------------------------------------------------------------------------------------------------------------------------
Yield Spread 64 64 64 64 64
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Assumptions Treasury Curve as of
- ------------------------------------------------------------------------------------------------------------------------------------
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
- ------------------------------------------------------------------------------------------------------------------------------------
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
- --------------------------------------------------------------------------------
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class A-4
- ------------------------------------------------------------------------------------------------------------------------------------
Security ID: BACM 2005-1 Initial Balance: 383,422,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 4.929%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
During YM 0.00% 0.00% 0.00% 0.00% 0.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
100.00000000 5.19 5.19 5.19 5.19 5.20
- ------------------------------------------------------------------------------------------------------------------------------------
100.06250000 5.18 5.18 5.18 5.18 5.19
- ------------------------------------------------------------------------------------------------------------------------------------
100.12500000 5.18 5.18 5.18 5.18 5.18
- ------------------------------------------------------------------------------------------------------------------------------------
100.18750000 5.17 5.17 5.17 5.17 5.17
- ------------------------------------------------------------------------------------------------------------------------------------
100.25000000 5.16 5.16 5.16 5.16 5.16
- ------------------------------------------------------------------------------------------------------------------------------------
100.31250000 5.15 5.15 5.15 5.15 5.15
- ------------------------------------------------------------------------------------------------------------------------------------
100.37500000 5.14 5.14 5.14 5.14 5.14
- ------------------------------------------------------------------------------------------------------------------------------------
100.43750000 5.13 5.13 5.13 5.13 5.13
- ------------------------------------------------------------------------------------------------------------------------------------
100.50000000 5.13 5.13 5.13 5.13 5.13
- ------------------------------------------------------------------------------------------------------------------------------------
100.56250000 5.12 5.12 5.12 5.12 5.12
- ------------------------------------------------------------------------------------------------------------------------------------
100.62500000 5.11 5.11 5.11 5.11 5.11
- ------------------------------------------------------------------------------------------------------------------------------------
100.68750000 5.10 5.10 5.10 5.10 5.10
- ------------------------------------------------------------------------------------------------------------------------------------
100.75000000 5.09 5.09 5.09 5.09 5.09
- ------------------------------------------------------------------------------------------------------------------------------------
100.81250000 5.08 5.08 5.08 5.08 5.08
- ------------------------------------------------------------------------------------------------------------------------------------
100.87500000 5.08 5.08 5.08 5.08 5.07
- ------------------------------------------------------------------------------------------------------------------------------------
100.93750000 5.07 5.07 5.07 5.07 5.07
- ------------------------------------------------------------------------------------------------------------------------------------
101.00000000 5.06 5.06 5.06 5.06 5.06
- ------------------------------------------------------------------------------------------------------------------------------------
WAL (yrs) 9.62 9.60 9.57 9.52 9.29
- ------------------------------------------------------------------------------------------------------------------------------------
Mod Dur 7.44 7.43 7.41 7.39 7.25
- ------------------------------------------------------------------------------------------------------------------------------------
First Prin Pay 10/10/2014 6/10/2014 5/10/2014 5/10/2014 5/10/2014
- ------------------------------------------------------------------------------------------------------------------------------------
Maturity 1/10/2015 1/10/2015 1/10/2015 12/10/2014 10/10/2014
- ------------------------------------------------------------------------------------------------------------------------------------
Yield Spread 65 65 65 65 67
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Assumptions Treasury Curve as of
- ------------------------------------------------------------------------------------------------------------------------------------
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
- ------------------------------------------------------------------------------------------------------------------------------------
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
- --------------------------------------------------------------------------------
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class A-J
- ------------------------------------------------------------------------------------------------------------------------------------
Security ID: BACM 2005-1 Initial Balance: 168,352,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 4.987%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
During YM 0.00% 0.00% 0.00% 0.00% 0.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
100.00000000 5.25 5.25 5.25 5.25 5.26
- ------------------------------------------------------------------------------------------------------------------------------------
100.06250000 5.24 5.25 5.25 5.25 5.25
- ------------------------------------------------------------------------------------------------------------------------------------
100.12500000 5.24 5.24 5.24 5.24 5.24
- ------------------------------------------------------------------------------------------------------------------------------------
100.18750000 5.23 5.23 5.23 5.23 5.23
- ------------------------------------------------------------------------------------------------------------------------------------
100.25000000 5.22 5.22 5.22 5.22 5.22
- ------------------------------------------------------------------------------------------------------------------------------------
100.31250000 5.21 5.21 5.21 5.21 5.22
- ------------------------------------------------------------------------------------------------------------------------------------
100.37500000 5.20 5.20 5.20 5.20 5.21
- ------------------------------------------------------------------------------------------------------------------------------------
100.43750000 5.20 5.20 5.20 5.20 5.20
- ------------------------------------------------------------------------------------------------------------------------------------
100.50000000 5.19 5.19 5.19 5.19 5.19
- ------------------------------------------------------------------------------------------------------------------------------------
100.56250000 5.18 5.18 5.18 5.18 5.18
- ------------------------------------------------------------------------------------------------------------------------------------
100.62500000 5.17 5.17 5.17 5.17 5.17
- ------------------------------------------------------------------------------------------------------------------------------------
100.68750000 5.16 5.16 5.16 5.16 5.17
- ------------------------------------------------------------------------------------------------------------------------------------
100.75000000 5.15 5.15 5.15 5.15 5.16
- ------------------------------------------------------------------------------------------------------------------------------------
100.81250000 5.15 5.15 5.15 5.15 5.15
- ------------------------------------------------------------------------------------------------------------------------------------
100.87500000 5.14 5.14 5.14 5.14 5.14
- ------------------------------------------------------------------------------------------------------------------------------------
100.93750000 5.13 5.13 5.13 5.13 5.13
- ------------------------------------------------------------------------------------------------------------------------------------
101.00000000 5.12 5.12 5.12 5.12 5.12
- ------------------------------------------------------------------------------------------------------------------------------------
WAL (yrs) 9.79 9.78 9.78 9.76 9.59
- ------------------------------------------------------------------------------------------------------------------------------------
Mod Dur 7.52 7.52 7.52 7.51 7.40
- ------------------------------------------------------------------------------------------------------------------------------------
First Prin Pay 1/10/2015 1/10/2015 1/10/2015 1/10/2015 10/10/2014
- ------------------------------------------------------------------------------------------------------------------------------------
Maturity 2/10/2015 2/10/2015 2/10/2015 2/10/2015 12/10/2014
- ------------------------------------------------------------------------------------------------------------------------------------
Yield Spread 70 70 70 70 71
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Assumptions Treasury Curve as of
- ------------------------------------------------------------------------------------------------------------------------------------
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
- ------------------------------------------------------------------------------------------------------------------------------------
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
- --------------------------------------------------------------------------------
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class B
- ------------------------------------------------------------------------------------------------------------------------------------
Security ID: BACM 2005-1 Initial Balance: 60,955,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 5.002%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
During YM 0.00% 0.00% 0.00% 0.00% 0.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
99.75000000 5.30 5.30 5.30 5.30 5.31
- ------------------------------------------------------------------------------------------------------------------------------------
99.81250000 5.29 5.29 5.29 5.29 5.30
- ------------------------------------------------------------------------------------------------------------------------------------
99.87500000 5.29 5.29 5.29 5.29 5.29
- ------------------------------------------------------------------------------------------------------------------------------------
99.93750000 5.28 5.28 5.28 5.28 5.28
- ------------------------------------------------------------------------------------------------------------------------------------
100.00000000 5.27 5.27 5.27 5.27 5.27
- ------------------------------------------------------------------------------------------------------------------------------------
100.06250000 5.26 5.26 5.26 5.26 5.27
- ------------------------------------------------------------------------------------------------------------------------------------
100.12500000 5.25 5.25 5.25 5.25 5.26
- ------------------------------------------------------------------------------------------------------------------------------------
100.18750000 5.24 5.24 5.24 5.24 5.25
- ------------------------------------------------------------------------------------------------------------------------------------
100.25000000 5.24 5.24 5.24 5.24 5.24
- ------------------------------------------------------------------------------------------------------------------------------------
100.31250000 5.23 5.23 5.23 5.23 5.23
- ------------------------------------------------------------------------------------------------------------------------------------
100.37500000 5.22 5.22 5.22 5.22 5.22
- ------------------------------------------------------------------------------------------------------------------------------------
100.43750000 5.21 5.21 5.21 5.21 5.21
- ------------------------------------------------------------------------------------------------------------------------------------
100.50000000 5.20 5.20 5.20 5.20 5.21
- ------------------------------------------------------------------------------------------------------------------------------------
100.56250000 5.20 5.20 5.19 5.20 5.20
- ------------------------------------------------------------------------------------------------------------------------------------
100.62500000 5.19 5.19 5.19 5.19 5.19
- ------------------------------------------------------------------------------------------------------------------------------------
100.68750000 5.18 5.18 5.18 5.18 5.18
- ------------------------------------------------------------------------------------------------------------------------------------
100.75000000 5.17 5.17 5.17 5.17 5.17
- ------------------------------------------------------------------------------------------------------------------------------------
WAL (yrs) 9.87 9.86 9.84 9.83 9.66
- ------------------------------------------------------------------------------------------------------------------------------------
Mod Dur 7.56 7.55 7.54 7.54 7.44
- ------------------------------------------------------------------------------------------------------------------------------------
First Prin Pay 2/10/2015 2/10/2015 2/10/2015 2/10/2015 12/10/2014
- ------------------------------------------------------------------------------------------------------------------------------------
Maturity 3/10/2015 3/10/2015 3/10/2015 2/10/2015 12/10/2014
- ------------------------------------------------------------------------------------------------------------------------------------
Yield Spread 74 74 74 74 76
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Assumptions Treasury Curve as of
- ------------------------------------------------------------------------------------------------------------------------------------
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
- ------------------------------------------------------------------------------------------------------------------------------------
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
- --------------------------------------------------------------------------------
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class C
- ------------------------------------------------------------------------------------------------------------------------------------
Security ID: BACM 2005-1 Initial Balance: 20,318,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 5.002%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
During YM 0.00% 0.00% 0.00% 0.00% 0.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
99.50000000 5.34 5.34 5.34 5.34 5.34
- ------------------------------------------------------------------------------------------------------------------------------------
99.56250000 5.33 5.33 5.33 5.33 5.33
- ------------------------------------------------------------------------------------------------------------------------------------
99.62500000 5.32 5.32 5.32 5.32 5.32
- ------------------------------------------------------------------------------------------------------------------------------------
99.68750000 5.31 5.31 5.31 5.31 5.32
- ------------------------------------------------------------------------------------------------------------------------------------
99.75000000 5.30 5.30 5.30 5.30 5.31
- ------------------------------------------------------------------------------------------------------------------------------------
99.81250000 5.29 5.30 5.30 5.29 5.30
- ------------------------------------------------------------------------------------------------------------------------------------
99.87500000 5.29 5.29 5.29 5.29 5.29
- ------------------------------------------------------------------------------------------------------------------------------------
99.93750000 5.28 5.28 5.28 5.28 5.28
- ------------------------------------------------------------------------------------------------------------------------------------
100.00000000 5.27 5.27 5.27 5.27 5.27
- ------------------------------------------------------------------------------------------------------------------------------------
100.06250000 5.26 5.26 5.26 5.26 5.27
- ------------------------------------------------------------------------------------------------------------------------------------
100.12500000 5.25 5.25 5.25 5.25 5.26
- ------------------------------------------------------------------------------------------------------------------------------------
100.18750000 5.25 5.25 5.25 5.25 5.25
- ------------------------------------------------------------------------------------------------------------------------------------
100.25000000 5.24 5.24 5.24 5.24 5.24
- ------------------------------------------------------------------------------------------------------------------------------------
100.31250000 5.23 5.23 5.23 5.23 5.23
- ------------------------------------------------------------------------------------------------------------------------------------
100.37500000 5.22 5.22 5.22 5.22 5.22
- ------------------------------------------------------------------------------------------------------------------------------------
100.43750000 5.21 5.21 5.21 5.21 5.22
- ------------------------------------------------------------------------------------------------------------------------------------
100.50000000 5.20 5.20 5.21 5.20 5.21
- ------------------------------------------------------------------------------------------------------------------------------------
WAL (yrs) 9.91 9.91 9.91 9.85 9.68
- ------------------------------------------------------------------------------------------------------------------------------------
Mod Dur 7.58 7.58 7.58 7.54 7.44
- ------------------------------------------------------------------------------------------------------------------------------------
First Prin Pay 3/10/2015 3/10/2015 3/10/2015 2/10/2015 12/10/2014
- ------------------------------------------------------------------------------------------------------------------------------------
Maturity 3/10/2015 3/10/2015 3/10/2015 3/10/2015 1/10/2015
- ------------------------------------------------------------------------------------------------------------------------------------
Yield Spread 77 77 77 77 79
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Assumptions Treasury Curve as of
- ------------------------------------------------------------------------------------------------------------------------------------
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
- ------------------------------------------------------------------------------------------------------------------------------------
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
- --------------------------------------------------------------------------------
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class D
- ------------------------------------------------------------------------------------------------------------------------------------
Security ID: BACM 2005-1 Initial Balance: 43,539,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 5.002%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
During YM 0.00% 0.00% 0.00% 0.00% 0.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
- ------------------------------------------------------------------------------------------------------------------------------------
98.94599000 5.41 5.41 5.41 5.41 5.42
- ------------------------------------------------------------------------------------------------------------------------------------
99.00849000 5.40 5.40 5.40 5.40 5.41
- ------------------------------------------------------------------------------------------------------------------------------------
99.07099000 5.39 5.39 5.39 5.39 5.40
- ------------------------------------------------------------------------------------------------------------------------------------
99.13349000 5.38 5.39 5.39 5.39 5.39
- ------------------------------------------------------------------------------------------------------------------------------------
99.19599000 5.38 5.38 5.38 5.38 5.38
- ------------------------------------------------------------------------------------------------------------------------------------
99.25849000 5.37 5.37 5.37 5.37 5.37
- ------------------------------------------------------------------------------------------------------------------------------------
99.32099000 5.36 5.36 5.36 5.36 5.36
- ------------------------------------------------------------------------------------------------------------------------------------
99.38349000 5.35 5.35 5.35 5.35 5.36
- ------------------------------------------------------------------------------------------------------------------------------------
99.44599000 5.34 5.34 5.34 5.34 5.35
- ------------------------------------------------------------------------------------------------------------------------------------
99.50849000 5.34 5.34 5.34 5.34 5.34
- ------------------------------------------------------------------------------------------------------------------------------------
99.57099000 5.33 5.33 5.33 5.33 5.33
- ------------------------------------------------------------------------------------------------------------------------------------
99.63349000 5.32 5.32 5.32 5.32 5.32
- ------------------------------------------------------------------------------------------------------------------------------------
99.69599000 5.31 5.31 5.31 5.31 5.31
- ------------------------------------------------------------------------------------------------------------------------------------
99.75849000 5.30 5.30 5.30 5.30 5.31
- ------------------------------------------------------------------------------------------------------------------------------------
99.82099000 5.29 5.29 5.29 5.30 5.30
- ------------------------------------------------------------------------------------------------------------------------------------
99.88349000 5.29 5.29 5.29 5.29 5.29
- ------------------------------------------------------------------------------------------------------------------------------------
99.94599000 5.28 5.28 5.28 5.28 5.28
- ------------------------------------------------------------------------------------------------------------------------------------
WAL (yrs) 9.91 9.91 9.91 9.91 9.74
- ------------------------------------------------------------------------------------------------------------------------------------
Mod Dur 7.57 7.57 7.57 7.57 7.47
- ------------------------------------------------------------------------------------------------------------------------------------
First Prin Pay 3/10/2015 3/10/2015 3/10/2015 3/10/2015 1/10/2015
- ------------------------------------------------------------------------------------------------------------------------------------
Maturity 3/10/2015 3/10/2015 3/10/2015 3/10/2015 1/10/2015
- ------------------------------------------------------------------------------------------------------------------------------------
Yield Spread 84 84 84 84 86
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Assumptions Treasury Curve as of
- ------------------------------------------------------------------------------------------------------------------------------------
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
- ------------------------------------------------------------------------------------------------------------------------------------
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
- --------------------------------------------------------------------------------
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
BACM 2005-1 Banc of America Securities
A-5
Period Payment Date Beg Balance Principal Payment Interest Due Interest Payment
- ------ ------------ -------------- ----------------- ------------ ----------------
1 05/10/2005 381,247,000.00 0.00 1,581,043.99 1,581,043.99
2 06/10/2005 381,247,000.00 0.00 1,629,821.80 1,629,821.80
3 07/10/2005 381,247,000.00 0.00 1,581,068.48 1,581,068.48
4 08/10/2005 381,247,000.00 0.00 1,629,843.17 1,629,843.17
5 09/10/2005 381,247,000.00 0.00 1,629,854.69 1,629,854.69
6 10/10/2005 381,247,000.00 0.00 1,581,105.88 1,581,105.88
7 11/10/2005 381,247,000.00 0.00 1,629,875.96 1,629,875.96
8 12/10/2005 381,247,000.00 0.00 1,581,130.29 1,581,130.29
9 01/10/2006 381,247,000.00 0.00 1,581,141.76 1,581,141.76
10 02/10/2006 381,247,000.00 0.00 1,581,154.66 1,581,154.66
11 03/10/2006 381,247,000.00 0.00 1,582,510.54 1,582,510.54
12 04/10/2006 381,247,000.00 0.00 1,631,333.34 1,631,333.34
13 05/10/2006 381,247,000.00 0.00 1,582,550.36 1,582,550.36
14 06/10/2006 381,247,000.00 0.00 1,631,353.27 1,631,353.27
15 07/10/2006 381,247,000.00 0.00 1,582,573.71 1,582,573.71
16 08/10/2006 381,247,000.00 0.00 1,631,373.08 1,631,373.08
17 09/10/2006 381,247,000.00 0.00 1,631,383.86 1,631,383.86
18 10/10/2006 381,247,000.00 0.00 1,582,609.41 1,582,609.41
19 11/10/2006 381,247,000.00 0.00 1,631,403.53 1,631,403.53
20 12/10/2006 381,247,000.00 0.00 1,582,626.51 1,582,626.51
21 01/10/2007 381,247,000.00 0.00 1,582,629.53 1,582,629.53
22 02/10/2007 381,247,000.00 0.00 1,582,630.92 1,582,630.92
23 03/10/2007 381,247,000.00 0.00 1,582,728.28 1,582,728.28
24 04/10/2007 381,247,000.00 0.00 1,631,389.45 1,631,389.45
25 05/10/2007 381,247,000.00 0.00 1,582,614.78 1,582,614.78
26 06/10/2007 381,247,000.00 0.00 1,631,366.94 1,631,366.94
27 07/10/2007 381,247,000.00 0.00 1,582,598.36 1,582,598.36
28 08/10/2007 381,247,000.00 0.00 1,631,343.06 1,631,343.06
29 09/10/2007 381,247,000.00 0.00 1,631,333.35 1,631,333.35
30 10/10/2007 381,247,000.00 0.00 1,582,574.94 1,582,574.94
31 11/10/2007 381,247,000.00 0.00 1,631,308.52 1,631,308.52
32 12/10/2007 381,247,000.00 0.00 1,582,557.17 1,582,557.17
33 01/10/2008 381,247,000.00 0.00 1,631,283.03 1,631,283.03
34 02/10/2008 381,247,000.00 0.00 1,619,277.37 1,619,277.37
35 03/10/2008 381,247,000.00 0.00 1,619,272.30 1,619,272.30
36 04/10/2008 381,247,000.00 0.00 1,668,748.43 1,668,748.43
37 05/10/2008 381,247,000.00 0.00 1,619,128.87 1,619,128.87
38 06/10/2008 381,247,000.00 0.00 1,668,641.68 1,668,641.68
39 07/10/2008 381,247,000.00 0.00 1,619,034.61 1,619,034.61
40 08/10/2008 381,247,000.00 0.00 1,668,536.00 1,668,536.00
41 09/10/2008 381,247,000.00 0.00 1,668,485.77 1,668,485.77
42 10/10/2008 381,247,000.00 0.00 1,618,893.95 1,618,893.95
43 11/10/2008 381,247,000.00 0.00 1,668,378.05 1,668,378.05
44 12/10/2008 381,247,000.00 0.00 1,618,796.82 1,618,796.82
45 01/10/2009 381,247,000.00 0.00 1,618,744.96 1,618,744.96
46 02/10/2009 381,247,000.00 0.00 1,618,698.42 1,618,698.42
47 03/10/2009 381,247,000.00 0.00 1,618,796.51 1,618,796.51
48 04/10/2009 381,247,000.00 0.00 1,668,098.91 1,668,098.91
49 05/10/2009 381,247,000.00 0.00 1,618,548.26 1,618,548.26
50 06/10/2009 381,247,000.00 0.00 1,667,991.27 1,667,991.27
51 07/10/2009 381,247,000.00 0.00 1,618,451.83 1,618,451.83
52 08/10/2009 381,247,000.00 0.00 1,667,882.18 1,667,882.18
53 09/10/2009 381,247,000.00 0.00 1,667,830.08 1,667,830.08
54 10/10/2009 381,247,000.00 0.00 1,618,307.42 1,618,307.42
55 11/10/2009 381,247,000.00 0.00 1,668,135.93 1,668,135.93
56 12/10/2009 381,247,000.00 0.00 1,618,372.36 1,618,372.36
57 01/10/2010 381,247,000.00 0.00 1,630,344.39 1,630,344.39
58 02/10/2010 381,247,000.00 0.00 1,653,193.73 1,653,193.73
59 03/10/2010 381,247,000.00 0.00 1,661,153.02 1,661,153.02
60 04/10/2010 381,247,000.00 0.00 1,709,598.32 1,709,598.32
61 05/10/2010 381,247,000.00 0.00 1,666,072.21 1,666,072.21
62 06/10/2010 381,247,000.00 0.00 1,721,840.47 1,721,840.47
63 07/10/2010 381,247,000.00 0.00 1,666,051.80 1,666,051.80
64 08/10/2010 381,247,000.00 0.00 1,721,819.19 1,721,819.19
65 09/10/2010 381,247,000.00 0.00 1,721,808.96 1,721,808.96
66 10/10/2010 381,247,000.00 0.00 1,666,021.03 1,666,021.03
67 11/10/2010 381,247,000.00 0.00 1,721,787.09 1,721,787.09
68 12/10/2010 381,247,000.00 0.00 1,665,999.67 1,665,999.67
69 01/10/2011 381,247,000.00 0.00 1,665,988.30 1,665,988.30
70 02/10/2011 381,247,000.00 0.00 1,665,977.91 1,665,977.91
71 03/10/2011 381,247,000.00 0.00 1,666,197.27 1,666,197.27
72 04/10/2011 381,247,000.00 0.00 1,721,728.92 1,721,728.92
73 05/10/2011 381,247,000.00 0.00 1,665,942.85 1,665,942.85
74 06/10/2011 381,247,000.00 0.00 1,721,705.55 1,721,705.55
75 07/10/2011 381,247,000.00 0.00 1,665,920.02 1,665,920.02
76 08/10/2011 381,247,000.00 0.00 1,721,681.73 1,721,681.73
77 09/10/2011 381,247,000.00 0.00 1,721,670.22 1,721,670.22
78 10/10/2011 381,247,000.00 0.00 1,665,885.51 1,665,885.51
79 11/10/2011 381,247,000.00 0.00 1,721,645.73 1,721,645.73
80 12/10/2011 381,247,000.00 0.00 1,665,861.59 1,665,861.59
81 01/10/2012 381,247,000.00 0.00 1,721,620.78 1,721,620.78
82 02/10/2012 381,247,000.00 0.00 1,673,811.04 1,673,811.04
83 03/10/2012 381,247,000.00 0.00 1,685,356.35 1,685,356.35
84 04/10/2012 381,247,000.00 0.00 1,730,678.16 1,730,678.16
85 05/10/2012 381,247,000.00 0.00 1,677,578.54 1,677,578.54
86 06/10/2012 381,247,000.00 0.00 1,733,729.33 1,733,729.33
87 07/10/2012 381,247,000.00 0.00 1,677,556.38 1,677,556.38
88 08/10/2012 381,247,000.00 0.00 1,733,706.20 1,733,706.20
89 09/10/2012 381,247,000.00 0.00 1,733,695.15 1,733,695.15
90 10/10/2012 381,247,000.00 0.00 1,677,522.99 1,677,522.99
91 11/10/2012 381,247,000.00 0.00 1,733,671.79 1,733,671.79
92 12/10/2012 381,247,000.00 0.00 1,677,499.96 1,677,499.96
93 01/10/2013 381,247,000.00 0.00 1,677,487.29 1,677,487.29
94 02/10/2013 381,247,000.00 0.00 1,677,475.85 1,677,475.85
95 03/10/2013 381,247,000.00 0.00 1,677,736.66 1,677,736.66
96 04/10/2013 381,247,000.00 0.00 1,733,607.09 1,733,607.09
97 05/10/2013 381,247,000.00 0.00 1,677,436.75 1,677,436.75
98 06/10/2013 381,247,000.00 0.00 1,733,469.66 1,733,469.66
99 07/10/2013 381,247,000.00 0.00 1,677,304.13 1,677,304.13
100 08/10/2013 381,247,000.00 0.00 1,733,444.51 1,733,444.51
101 09/10/2013 381,247,000.00 0.00 1,733,432.44 1,733,432.44
102 10/10/2013 381,247,000.00 0.00 1,677,267.76 1,677,267.76
103 11/10/2013 381,247,000.00 0.00 1,733,406.55 1,733,406.55
104 12/10/2013 381,247,000.00 0.00 1,677,242.45 1,677,242.45
105 01/10/2014 381,247,000.00 0.00 1,677,228.93 1,677,228.93
106 02/10/2014 381,247,000.00 0.00 1,677,216.64 1,677,216.64
107 03/10/2014 381,247,000.00 0.00 1,677,496.20 1,677,496.20
108 04/10/2014 381,247,000.00 0.00 1,733,337.40 1,733,337.40
109 05/10/2014 381,247,000.00 0.00 1,677,174.88 1,677,174.88
110 06/10/2014 381,247,000.00 0.00 1,733,309.61 1,733,309.61
111 07/10/2014 381,247,000.00 0.00 1,677,147.71 1,677,147.71
112 08/10/2014 381,247,000.00 0.00 1,733,281.25 1,733,281.25
113 09/10/2014 381,247,000.00 0.00 1,733,267.58 1,733,267.58
114 10/10/2014 381,247,000.00 96,714,063.28 1,677,106.63 1,677,106.63
115 11/10/2014 284,532,936.72 73,159,121.24 1,288,557.18 1,288,557.18
116 12/10/2014 211,373,815.48 149,670,088.74 927,874.62 927,874.62
117 01/10/2015 61,703,726.74 61,703,726.74 270,653.72 270,653.72
Period Interest Short Expense Total Payment End Balance Coupon Paid
- ------ -------------- ------- -------------- -------------- -----------
1 0.00 0.00 1,581,043.99 381,247,000.00 4.9764%
2 0.00 0.00 1,629,821.80 381,247,000.00 5.1300%
3 0.00 0.00 1,581,068.48 381,247,000.00 4.9765%
4 0.00 0.00 1,629,843.17 381,247,000.00 5.1300%
5 0.00 0.00 1,629,854.69 381,247,000.00 5.1301%
6 0.00 0.00 1,581,105.88 381,247,000.00 4.9766%
7 0.00 0.00 1,629,875.96 381,247,000.00 5.1301%
8 0.00 0.00 1,581,130.29 381,247,000.00 4.9767%
9 0.00 0.00 1,581,141.76 381,247,000.00 4.9767%
10 0.00 0.00 1,581,154.66 381,247,000.00 4.9768%
11 0.00 0.00 1,582,510.54 381,247,000.00 4.9811%
12 0.00 0.00 1,631,333.34 381,247,000.00 5.1347%
13 0.00 0.00 1,582,550.36 381,247,000.00 4.9812%
14 0.00 0.00 1,631,353.27 381,247,000.00 5.1348%
15 0.00 0.00 1,582,573.71 381,247,000.00 4.9813%
16 0.00 0.00 1,631,373.08 381,247,000.00 5.1349%
17 0.00 0.00 1,631,383.86 381,247,000.00 5.1349%
18 0.00 0.00 1,582,609.41 381,247,000.00 4.9814%
19 0.00 0.00 1,631,403.53 381,247,000.00 5.1349%
20 0.00 0.00 1,582,626.51 381,247,000.00 4.9814%
21 0.00 0.00 1,582,629.53 381,247,000.00 4.9814%
22 0.00 0.00 1,582,630.92 381,247,000.00 4.9814%
23 0.00 0.00 1,582,728.28 381,247,000.00 4.9817%
24 0.00 0.00 1,631,389.45 381,247,000.00 5.1349%
25 0.00 0.00 1,582,614.78 381,247,000.00 4.9814%
26 0.00 0.00 1,631,366.94 381,247,000.00 5.1348%
27 0.00 0.00 1,582,598.36 381,247,000.00 4.9813%
28 0.00 0.00 1,631,343.06 381,247,000.00 5.1348%
29 0.00 0.00 1,631,333.35 381,247,000.00 5.1347%
30 0.00 0.00 1,582,574.94 381,247,000.00 4.9813%
31 0.00 0.00 1,631,308.52 381,247,000.00 5.1347%
32 0.00 0.00 1,582,557.17 381,247,000.00 4.9812%
33 0.00 0.00 1,631,283.03 381,247,000.00 5.1346%
34 0.00 0.00 1,619,277.37 381,247,000.00 5.0968%
35 0.00 0.00 1,619,272.30 381,247,000.00 5.0968%
36 0.00 0.00 1,668,748.43 381,247,000.00 5.2525%
37 0.00 0.00 1,619,128.87 381,247,000.00 5.0963%
38 0.00 0.00 1,668,641.68 381,247,000.00 5.2522%
39 0.00 0.00 1,619,034.61 381,247,000.00 5.0960%
40 0.00 0.00 1,668,536.00 381,247,000.00 5.2518%
41 0.00 0.00 1,668,485.77 381,247,000.00 5.2517%
42 0.00 0.00 1,618,893.95 381,247,000.00 5.0956%
43 0.00 0.00 1,668,378.05 381,247,000.00 5.2513%
44 0.00 0.00 1,618,796.82 381,247,000.00 5.0953%
45 0.00 0.00 1,618,744.96 381,247,000.00 5.0951%
46 0.00 0.00 1,618,698.42 381,247,000.00 5.0950%
47 0.00 0.00 1,618,796.51 381,247,000.00 5.0953%
48 0.00 0.00 1,668,098.91 381,247,000.00 5.2505%
49 0.00 0.00 1,618,548.26 381,247,000.00 5.0945%
50 0.00 0.00 1,667,991.27 381,247,000.00 5.2501%
51 0.00 0.00 1,618,451.83 381,247,000.00 5.0942%
52 0.00 0.00 1,667,882.18 381,247,000.00 5.2498%
53 0.00 0.00 1,667,830.08 381,247,000.00 5.2496%
54 0.00 0.00 1,618,307.42 381,247,000.00 5.0937%
55 0.00 0.00 1,668,135.93 381,247,000.00 5.2506%
56 0.00 0.00 1,618,372.36 381,247,000.00 5.0939%
57 0.00 0.00 1,630,344.39 381,247,000.00 5.1316%
58 0.00 0.00 1,653,193.73 381,247,000.00 5.2035%
59 0.00 0.00 1,661,153.02 381,247,000.00 5.2286%
60 0.00 0.00 1,709,598.32 381,247,000.00 5.3811%
61 0.00 0.00 1,666,072.21 381,247,000.00 5.2441%
62 0.00 0.00 1,721,840.47 381,247,000.00 5.4196%
63 0.00 0.00 1,666,051.80 381,247,000.00 5.2440%
64 0.00 0.00 1,721,819.19 381,247,000.00 5.4195%
65 0.00 0.00 1,721,808.96 381,247,000.00 5.4195%
66 0.00 0.00 1,666,021.03 381,247,000.00 5.2439%
67 0.00 0.00 1,721,787.09 381,247,000.00 5.4194%
68 0.00 0.00 1,665,999.67 381,247,000.00 5.2438%
69 0.00 0.00 1,665,988.30 381,247,000.00 5.2438%
70 0.00 0.00 1,665,977.91 381,247,000.00 5.2438%
71 0.00 0.00 1,666,197.27 381,247,000.00 5.2445%
72 0.00 0.00 1,721,728.92 381,247,000.00 5.4193%
73 0.00 0.00 1,665,942.85 381,247,000.00 5.2437%
74 0.00 0.00 1,721,705.55 381,247,000.00 5.4192%
75 0.00 0.00 1,665,920.02 381,247,000.00 5.2436%
76 0.00 0.00 1,721,681.73 381,247,000.00 5.4191%
77 0.00 0.00 1,721,670.22 381,247,000.00 5.4191%
78 0.00 0.00 1,665,885.51 381,247,000.00 5.2435%
79 0.00 0.00 1,721,645.73 381,247,000.00 5.4190%
80 0.00 0.00 1,665,861.59 381,247,000.00 5.2434%
81 0.00 0.00 1,721,620.78 381,247,000.00 5.4189%
82 0.00 0.00 1,673,811.04 381,247,000.00 5.2684%
83 0.00 0.00 1,685,356.35 381,247,000.00 5.3048%
84 0.00 0.00 1,730,678.16 381,247,000.00 5.4474%
85 0.00 0.00 1,677,578.54 381,247,000.00 5.2803%
86 0.00 0.00 1,733,729.33 381,247,000.00 5.4570%
87 0.00 0.00 1,677,556.38 381,247,000.00 5.2802%
88 0.00 0.00 1,733,706.20 381,247,000.00 5.4570%
89 0.00 0.00 1,733,695.15 381,247,000.00 5.4569%
90 0.00 0.00 1,677,522.99 381,247,000.00 5.2801%
91 0.00 0.00 1,733,671.79 381,247,000.00 5.4568%
92 0.00 0.00 1,677,499.96 381,247,000.00 5.2800%
93 0.00 0.00 1,677,487.29 381,247,000.00 5.2800%
94 0.00 0.00 1,677,475.85 381,247,000.00 5.2800%
95 0.00 0.00 1,677,736.66 381,247,000.00 5.2808%
96 0.00 0.00 1,733,607.09 381,247,000.00 5.4566%
97 0.00 0.00 1,677,436.75 381,247,000.00 5.2798%
98 0.00 0.00 1,733,469.66 381,247,000.00 5.4562%
99 0.00 0.00 1,677,304.13 381,247,000.00 5.2794%
100 0.00 0.00 1,733,444.51 381,247,000.00 5.4561%
101 0.00 0.00 1,733,432.44 381,247,000.00 5.4561%
102 0.00 0.00 1,677,267.76 381,247,000.00 5.2793%
103 0.00 0.00 1,733,406.55 381,247,000.00 5.4560%
104 0.00 0.00 1,677,242.45 381,247,000.00 5.2792%
105 0.00 0.00 1,677,228.93 381,247,000.00 5.2792%
106 0.00 0.00 1,677,216.64 381,247,000.00 5.2791%
107 0.00 0.00 1,677,496.20 381,247,000.00 5.2800%
108 0.00 0.00 1,733,337.40 381,247,000.00 5.4558%
109 0.00 0.00 1,677,174.88 381,247,000.00 5.2790%
110 0.00 0.00 1,733,309.61 381,247,000.00 5.4557%
111 0.00 0.00 1,677,147.71 381,247,000.00 5.2789%
112 0.00 0.00 1,733,281.25 381,247,000.00 5.4556%
113 0.00 0.00 1,733,267.58 381,247,000.00 5.4556%
114 0.00 0.00 98,391,169.91 284,532,936.72 5.2788%
115 0.00 0.00 74,447,678.42 211,373,815.48 5.4344%
116 0.00 0.00 150,597,963.36 61,703,726.74 5.2677%
117 0.00 0.00 61,974,380.47 0.00 5.2636%
Price/Yield Table - Class A-3
Security ID: BACM 2005-1 Initial Balance: 555,000,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 4.778%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3
During YM 0.00% 0.00% 0.00%
During Penalty 0.00% 0.00% 0.00%
During Open 0.00% 0.00% 0.00%
Extension (Lane Furniture, Davis
Building and Mykawa) Scenario 1 Scenario 2 Scenario 3
Extension % 0.00% 20.00% 100.00%
Extension Months 0.00% 24 24
Extension (Rest of the Pool) Scenario 1 Scenario 2 Scenario 3
Extension % 0.00% 20.00% 0.00%
Extension Months 0.00% 24 0
Scenario 1 Scenario 2 Scenario 3
100.00000000 4.80 4.80 4.80
100.06250000 4.78 4.79 4.78
100.12500000 4.77 4.77 4.77
100.18750000 4.75 4.76 4.75
100.25000000 4.74 4.74 4.74
100.31250000 4.72 4.73 4.73
100.37500000 4.71 4.72 4.71
100.43750000 4.69 4.70 4.70
100.50000000 4.68 4.69 4.68
100.56250000 4.66 4.67 4.67
100.62500000 4.65 4.66 4.65
100.68750000 4.63 4.65 4.64
100.75000000 4.62 4.63 4.62
100.81250000 4.60 4.62 4.61
100.87500000 4.59 4.60 4.60
100.93750000 4.58 4.59 4.58
101.00000000 4.56 4.58 4.57
WAL (yrs) 4.79 5.17 4.92
Mod Dur 4.19 4.48 4.29
First Prin Pay 10/10/2009 11/10/2009 10/10/2009
Maturity 04/10/2010 01/10/2012 01/10/2012
Yield Spread 54 51 53
Assumptions Treasury Curve as of
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class A-3
Security ID: BACM 2005-1 Initial Balance: 555,000,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 4.778%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3
During YM 0.00% 0.00% 0.00%
During Penalty 0.00% 0.00% 0.00%
During Open 0.00% 0.00% 0.00%
Extension (Grant Furniture, 3250 N. Broad
St., Lane Furniture, Davis Building and
Mykawa)
Extension % 0.00% 20.00% 100.00%
Extension Months 0.00% 24 24
Extension (Rest of the Pool) Scenario 1 Scenario 2 Scenario 3
Extension % 0.00% 20.00% 0.00%
Extension Months 0.00% 24 0
Scenario 1 Scenario 2 Scenario 3
100.00000000 4.80 4.80 4.80
100.06250000 4.78 4.79 4.78
100.12500000 4.77 4.77 4.77
100.18750000 4.75 4.76 4.76
100.25000000 4.74 4.74 4.74
100.31250000 4.72 4.73 4.73
100.37500000 4.71 4.72 4.71
100.43750000 4.69 4.70 4.70
100.50000000 4.68 4.69 4.68
100.56250000 4.66 4.67 4.67
100.62500000 4.65 4.66 4.66
100.68750000 4.63 4.65 4.64
100.75000000 4.62 4.63 4.63
100.81250000 4.60 4.62 4.61
100.87500000 4.59 4.60 4.60
100.93750000 4.58 4.59 4.58
101.00000000 4.56 4.58 4.57
WAL (yrs) 4.79 5.17 5.01
Mod Dur 4.19 4.48 4.36
First Prin Pay 10/10/2009 11/10/2009 10/10/2009
Maturity 04/10/2010 01/10/2012 01/10/2012
Yield Spread 54 51 52
Assumptions Treasury Curve as of
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
BACM 2005-1 Banc of America Securities
A-5
Period Payment Date Beg Balance Principal Payment Interest Due Interest Payment
- ------ ------------ -------------- ----------------- ------------ ----------------
1 05/10/2005 381,247,000.00 0.00 1,581,043.99 1,581,043.99
2 06/10/2005 381,247,000.00 0.00 1,629,821.80 1,629,821.80
3 07/10/2005 381,247,000.00 0.00 1,581,068.48 1,581,068.48
4 08/10/2005 381,247,000.00 0.00 1,629,843.17 1,629,843.17
5 09/10/2005 381,247,000.00 0.00 1,629,854.69 1,629,854.69
6 10/10/2005 381,247,000.00 0.00 1,581,105.88 1,581,105.88
7 11/10/2005 381,247,000.00 0.00 1,629,875.96 1,629,875.96
8 12/10/2005 381,247,000.00 0.00 1,581,130.29 1,581,130.29
9 01/10/2006 381,247,000.00 0.00 1,581,141.76 1,581,141.76
10 02/10/2006 381,247,000.00 0.00 1,581,154.66 1,581,154.66
11 03/10/2006 381,247,000.00 0.00 1,582,510.54 1,582,510.54
12 04/10/2006 381,247,000.00 0.00 1,631,333.34 1,631,333.34
13 05/10/2006 381,247,000.00 0.00 1,582,550.36 1,582,550.36
14 06/10/2006 381,247,000.00 0.00 1,631,353.27 1,631,353.27
15 07/10/2006 381,247,000.00 0.00 1,582,573.71 1,582,573.71
16 08/10/2006 381,247,000.00 0.00 1,631,373.08 1,631,373.08
17 09/10/2006 381,247,000.00 0.00 1,631,383.86 1,631,383.86
18 10/10/2006 381,247,000.00 0.00 1,582,609.41 1,582,609.41
19 11/10/2006 381,247,000.00 0.00 1,631,403.53 1,631,403.53
20 12/10/2006 381,247,000.00 0.00 1,582,626.51 1,582,626.51
21 01/10/2007 381,247,000.00 0.00 1,582,629.53 1,582,629.53
22 02/10/2007 381,247,000.00 0.00 1,582,630.92 1,582,630.92
23 03/10/2007 381,247,000.00 0.00 1,582,728.28 1,582,728.28
24 04/10/2007 381,247,000.00 0.00 1,631,389.45 1,631,389.45
25 05/10/2007 381,247,000.00 0.00 1,582,614.78 1,582,614.78
26 06/10/2007 381,247,000.00 0.00 1,631,366.94 1,631,366.94
27 07/10/2007 381,247,000.00 0.00 1,582,598.36 1,582,598.36
28 08/10/2007 381,247,000.00 0.00 1,631,343.06 1,631,343.06
29 09/10/2007 381,247,000.00 0.00 1,631,333.35 1,631,333.35
30 10/10/2007 381,247,000.00 0.00 1,582,574.94 1,582,574.94
31 11/10/2007 381,247,000.00 0.00 1,631,308.52 1,631,308.52
32 12/10/2007 381,247,000.00 0.00 1,582,557.17 1,582,557.17
33 01/10/2008 381,247,000.00 0.00 1,631,283.03 1,631,283.03
34 02/10/2008 381,247,000.00 0.00 1,619,277.37 1,619,277.37
35 03/10/2008 381,247,000.00 0.00 1,619,272.30 1,619,272.30
36 04/10/2008 381,247,000.00 0.00 1,668,748.43 1,668,748.43
37 05/10/2008 381,247,000.00 0.00 1,619,128.87 1,619,128.87
38 06/10/2008 381,247,000.00 0.00 1,668,641.68 1,668,641.68
39 07/10/2008 381,247,000.00 0.00 1,619,034.61 1,619,034.61
40 08/10/2008 381,247,000.00 0.00 1,668,536.00 1,668,536.00
41 09/10/2008 381,247,000.00 0.00 1,668,485.77 1,668,485.77
42 10/10/2008 381,247,000.00 0.00 1,618,893.95 1,618,893.95
43 11/10/2008 381,247,000.00 0.00 1,668,378.05 1,668,378.05
44 12/10/2008 381,247,000.00 0.00 1,618,796.82 1,618,796.82
45 01/10/2009 381,247,000.00 0.00 1,618,744.96 1,618,744.96
46 02/10/2009 381,247,000.00 0.00 1,618,698.42 1,618,698.42
47 03/10/2009 381,247,000.00 0.00 1,618,796.51 1,618,796.51
48 04/10/2009 381,247,000.00 0.00 1,668,098.91 1,668,098.91
49 05/10/2009 381,247,000.00 0.00 1,618,548.26 1,618,548.26
50 06/10/2009 381,247,000.00 0.00 1,667,991.27 1,667,991.27
51 07/10/2009 381,247,000.00 0.00 1,618,451.83 1,618,451.83
52 08/10/2009 381,247,000.00 0.00 1,667,882.18 1,667,882.18
53 09/10/2009 381,247,000.00 0.00 1,667,830.08 1,667,830.08
54 10/10/2009 381,247,000.00 0.00 1,618,307.42 1,618,307.42
55 11/10/2009 381,247,000.00 0.00 1,668,135.93 1,668,135.93
56 12/10/2009 381,247,000.00 0.00 1,618,372.36 1,618,372.36
57 01/10/2010 381,247,000.00 0.00 1,630,344.39 1,630,344.39
58 02/10/2010 381,247,000.00 0.00 1,653,193.73 1,653,193.73
59 03/10/2010 381,247,000.00 0.00 1,661,153.02 1,661,153.02
60 04/10/2010 381,247,000.00 0.00 1,709,598.32 1,709,598.32
61 05/10/2010 381,247,000.00 0.00 1,666,072.21 1,666,072.21
62 06/10/2010 381,247,000.00 0.00 1,721,840.47 1,721,840.47
63 07/10/2010 381,247,000.00 0.00 1,666,051.80 1,666,051.80
64 08/10/2010 381,247,000.00 0.00 1,721,819.19 1,721,819.19
65 09/10/2010 381,247,000.00 0.00 1,721,808.96 1,721,808.96
66 10/10/2010 381,247,000.00 0.00 1,666,021.03 1,666,021.03
67 11/10/2010 381,247,000.00 0.00 1,721,787.09 1,721,787.09
68 12/10/2010 381,247,000.00 0.00 1,665,999.67 1,665,999.67
69 01/10/2011 381,247,000.00 0.00 1,665,988.30 1,665,988.30
70 02/10/2011 381,247,000.00 0.00 1,665,977.91 1,665,977.91
71 03/10/2011 381,247,000.00 0.00 1,666,197.27 1,666,197.27
72 04/10/2011 381,247,000.00 0.00 1,721,728.92 1,721,728.92
73 05/10/2011 381,247,000.00 0.00 1,665,942.85 1,665,942.85
74 06/10/2011 381,247,000.00 0.00 1,721,705.55 1,721,705.55
75 07/10/2011 381,247,000.00 0.00 1,665,920.02 1,665,920.02
76 08/10/2011 381,247,000.00 0.00 1,721,681.73 1,721,681.73
77 09/10/2011 381,247,000.00 0.00 1,721,670.22 1,721,670.22
78 10/10/2011 381,247,000.00 0.00 1,665,885.51 1,665,885.51
79 11/10/2011 381,247,000.00 0.00 1,721,645.73 1,721,645.73
80 12/10/2011 381,247,000.00 0.00 1,665,861.59 1,665,861.59
81 01/10/2012 381,247,000.00 0.00 1,721,620.78 1,721,620.78
82 02/10/2012 381,247,000.00 0.00 1,673,811.04 1,673,811.04
83 03/10/2012 381,247,000.00 0.00 1,685,356.35 1,685,356.35
84 04/10/2012 381,247,000.00 0.00 1,730,678.16 1,730,678.16
85 05/10/2012 381,247,000.00 0.00 1,677,578.54 1,677,578.54
86 06/10/2012 381,247,000.00 0.00 1,733,729.33 1,733,729.33
87 07/10/2012 381,247,000.00 0.00 1,677,556.38 1,677,556.38
88 08/10/2012 381,247,000.00 0.00 1,733,706.20 1,733,706.20
89 09/10/2012 381,247,000.00 0.00 1,733,695.15 1,733,695.15
90 10/10/2012 381,247,000.00 0.00 1,677,522.99 1,677,522.99
91 11/10/2012 381,247,000.00 0.00 1,733,671.79 1,733,671.79
92 12/10/2012 381,247,000.00 0.00 1,677,499.96 1,677,499.96
93 01/10/2013 381,247,000.00 0.00 1,677,487.29 1,677,487.29
94 02/10/2013 381,247,000.00 0.00 1,677,475.85 1,677,475.85
95 03/10/2013 381,247,000.00 0.00 1,677,736.66 1,677,736.66
96 04/10/2013 381,247,000.00 0.00 1,733,607.09 1,733,607.09
97 05/10/2013 381,247,000.00 0.00 1,677,436.75 1,677,436.75
98 06/10/2013 381,247,000.00 0.00 1,733,469.66 1,733,469.66
99 07/10/2013 381,247,000.00 0.00 1,677,304.13 1,677,304.13
100 08/10/2013 381,247,000.00 0.00 1,733,444.51 1,733,444.51
101 09/10/2013 381,247,000.00 0.00 1,733,432.44 1,733,432.44
102 10/10/2013 381,247,000.00 0.00 1,677,267.76 1,677,267.76
103 11/10/2013 381,247,000.00 0.00 1,733,406.55 1,733,406.55
104 12/10/2013 381,247,000.00 0.00 1,677,242.45 1,677,242.45
105 01/10/2014 381,247,000.00 0.00 1,677,228.93 1,677,228.93
106 02/10/2014 381,247,000.00 0.00 1,677,216.64 1,677,216.64
107 03/10/2014 381,247,000.00 0.00 1,677,496.20 1,677,496.20
108 04/10/2014 381,247,000.00 0.00 1,733,337.40 1,733,337.40
109 05/10/2014 381,247,000.00 0.00 1,677,174.88 1,677,174.88
110 06/10/2014 381,247,000.00 0.00 1,733,309.61 1,733,309.61
111 07/10/2014 381,247,000.00 0.00 1,677,147.71 1,677,147.71
112 08/10/2014 381,247,000.00 0.00 1,733,281.25 1,733,281.25
113 09/10/2014 381,247,000.00 0.00 1,733,267.58 1,733,267.58
114 10/10/2014 381,247,000.00 96,714,063.28 1,677,106.63 1,677,106.63
115 11/10/2014 284,532,936.72 73,159,121.24 1,288,557.18 1,288,557.18
116 12/10/2014 211,373,815.48 149,670,088.74 927,874.62 927,874.62
117 01/10/2015 61,703,726.74 61,703,726.74 270,653.72 270,653.72
Period Interest Short Expense Total Payment End Balance Coupon Paid
- ------ -------------- ------- -------------- -------------- -----------
1 0.00 0.00 1,581,043.99 381,247,000.00 4.9764%
2 0.00 0.00 1,629,821.80 381,247,000.00 5.1300%
3 0.00 0.00 1,581,068.48 381,247,000.00 4.9765%
4 0.00 0.00 1,629,843.17 381,247,000.00 5.1300%
5 0.00 0.00 1,629,854.69 381,247,000.00 5.1301%
6 0.00 0.00 1,581,105.88 381,247,000.00 4.9766%
7 0.00 0.00 1,629,875.96 381,247,000.00 5.1301%
8 0.00 0.00 1,581,130.29 381,247,000.00 4.9767%
9 0.00 0.00 1,581,141.76 381,247,000.00 4.9767%
10 0.00 0.00 1,581,154.66 381,247,000.00 4.9768%
11 0.00 0.00 1,582,510.54 381,247,000.00 4.9811%
12 0.00 0.00 1,631,333.34 381,247,000.00 5.1347%
13 0.00 0.00 1,582,550.36 381,247,000.00 4.9812%
14 0.00 0.00 1,631,353.27 381,247,000.00 5.1348%
15 0.00 0.00 1,582,573.71 381,247,000.00 4.9813%
16 0.00 0.00 1,631,373.08 381,247,000.00 5.1349%
17 0.00 0.00 1,631,383.86 381,247,000.00 5.1349%
18 0.00 0.00 1,582,609.41 381,247,000.00 4.9814%
19 0.00 0.00 1,631,403.53 381,247,000.00 5.1349%
20 0.00 0.00 1,582,626.51 381,247,000.00 4.9814%
21 0.00 0.00 1,582,629.53 381,247,000.00 4.9814%
22 0.00 0.00 1,582,630.92 381,247,000.00 4.9814%
23 0.00 0.00 1,582,728.28 381,247,000.00 4.9817%
24 0.00 0.00 1,631,389.45 381,247,000.00 5.1349%
25 0.00 0.00 1,582,614.78 381,247,000.00 4.9814%
26 0.00 0.00 1,631,366.94 381,247,000.00 5.1348%
27 0.00 0.00 1,582,598.36 381,247,000.00 4.9813%
28 0.00 0.00 1,631,343.06 381,247,000.00 5.1348%
29 0.00 0.00 1,631,333.35 381,247,000.00 5.1347%
30 0.00 0.00 1,582,574.94 381,247,000.00 4.9813%
31 0.00 0.00 1,631,308.52 381,247,000.00 5.1347%
32 0.00 0.00 1,582,557.17 381,247,000.00 4.9812%
33 0.00 0.00 1,631,283.03 381,247,000.00 5.1346%
34 0.00 0.00 1,619,277.37 381,247,000.00 5.0968%
35 0.00 0.00 1,619,272.30 381,247,000.00 5.0968%
36 0.00 0.00 1,668,748.43 381,247,000.00 5.2525%
37 0.00 0.00 1,619,128.87 381,247,000.00 5.0963%
38 0.00 0.00 1,668,641.68 381,247,000.00 5.2522%
39 0.00 0.00 1,619,034.61 381,247,000.00 5.0960%
40 0.00 0.00 1,668,536.00 381,247,000.00 5.2518%
41 0.00 0.00 1,668,485.77 381,247,000.00 5.2517%
42 0.00 0.00 1,618,893.95 381,247,000.00 5.0956%
43 0.00 0.00 1,668,378.05 381,247,000.00 5.2513%
44 0.00 0.00 1,618,796.82 381,247,000.00 5.0953%
45 0.00 0.00 1,618,744.96 381,247,000.00 5.0951%
46 0.00 0.00 1,618,698.42 381,247,000.00 5.0950%
47 0.00 0.00 1,618,796.51 381,247,000.00 5.0953%
48 0.00 0.00 1,668,098.91 381,247,000.00 5.2505%
49 0.00 0.00 1,618,548.26 381,247,000.00 5.0945%
50 0.00 0.00 1,667,991.27 381,247,000.00 5.2501%
51 0.00 0.00 1,618,451.83 381,247,000.00 5.0942%
52 0.00 0.00 1,667,882.18 381,247,000.00 5.2498%
53 0.00 0.00 1,667,830.08 381,247,000.00 5.2496%
54 0.00 0.00 1,618,307.42 381,247,000.00 5.0937%
55 0.00 0.00 1,668,135.93 381,247,000.00 5.2506%
56 0.00 0.00 1,618,372.36 381,247,000.00 5.0939%
57 0.00 0.00 1,630,344.39 381,247,000.00 5.1316%
58 0.00 0.00 1,653,193.73 381,247,000.00 5.2035%
59 0.00 0.00 1,661,153.02 381,247,000.00 5.2286%
60 0.00 0.00 1,709,598.32 381,247,000.00 5.3811%
61 0.00 0.00 1,666,072.21 381,247,000.00 5.2441%
62 0.00 0.00 1,721,840.47 381,247,000.00 5.4196%
63 0.00 0.00 1,666,051.80 381,247,000.00 5.2440%
64 0.00 0.00 1,721,819.19 381,247,000.00 5.4195%
65 0.00 0.00 1,721,808.96 381,247,000.00 5.4195%
66 0.00 0.00 1,666,021.03 381,247,000.00 5.2439%
67 0.00 0.00 1,721,787.09 381,247,000.00 5.4194%
68 0.00 0.00 1,665,999.67 381,247,000.00 5.2438%
69 0.00 0.00 1,665,988.30 381,247,000.00 5.2438%
70 0.00 0.00 1,665,977.91 381,247,000.00 5.2438%
71 0.00 0.00 1,666,197.27 381,247,000.00 5.2445%
72 0.00 0.00 1,721,728.92 381,247,000.00 5.4193%
73 0.00 0.00 1,665,942.85 381,247,000.00 5.2437%
74 0.00 0.00 1,721,705.55 381,247,000.00 5.4192%
75 0.00 0.00 1,665,920.02 381,247,000.00 5.2436%
76 0.00 0.00 1,721,681.73 381,247,000.00 5.4191%
77 0.00 0.00 1,721,670.22 381,247,000.00 5.4191%
78 0.00 0.00 1,665,885.51 381,247,000.00 5.2435%
79 0.00 0.00 1,721,645.73 381,247,000.00 5.4190%
80 0.00 0.00 1,665,861.59 381,247,000.00 5.2434%
81 0.00 0.00 1,721,620.78 381,247,000.00 5.4189%
82 0.00 0.00 1,673,811.04 381,247,000.00 5.2684%
83 0.00 0.00 1,685,356.35 381,247,000.00 5.3048%
84 0.00 0.00 1,730,678.16 381,247,000.00 5.4474%
85 0.00 0.00 1,677,578.54 381,247,000.00 5.2803%
86 0.00 0.00 1,733,729.33 381,247,000.00 5.4570%
87 0.00 0.00 1,677,556.38 381,247,000.00 5.2802%
88 0.00 0.00 1,733,706.20 381,247,000.00 5.4570%
89 0.00 0.00 1,733,695.15 381,247,000.00 5.4569%
90 0.00 0.00 1,677,522.99 381,247,000.00 5.2801%
91 0.00 0.00 1,733,671.79 381,247,000.00 5.4568%
92 0.00 0.00 1,677,499.96 381,247,000.00 5.2800%
93 0.00 0.00 1,677,487.29 381,247,000.00 5.2800%
94 0.00 0.00 1,677,475.85 381,247,000.00 5.2800%
95 0.00 0.00 1,677,736.66 381,247,000.00 5.2808%
96 0.00 0.00 1,733,607.09 381,247,000.00 5.4566%
97 0.00 0.00 1,677,436.75 381,247,000.00 5.2798%
98 0.00 0.00 1,733,469.66 381,247,000.00 5.4562%
99 0.00 0.00 1,677,304.13 381,247,000.00 5.2794%
100 0.00 0.00 1,733,444.51 381,247,000.00 5.4561%
101 0.00 0.00 1,733,432.44 381,247,000.00 5.4561%
102 0.00 0.00 1,677,267.76 381,247,000.00 5.2793%
103 0.00 0.00 1,733,406.55 381,247,000.00 5.4560%
104 0.00 0.00 1,677,242.45 381,247,000.00 5.2792%
105 0.00 0.00 1,677,228.93 381,247,000.00 5.2792%
106 0.00 0.00 1,677,216.64 381,247,000.00 5.2791%
107 0.00 0.00 1,677,496.20 381,247,000.00 5.2800%
108 0.00 0.00 1,733,337.40 381,247,000.00 5.4558%
109 0.00 0.00 1,677,174.88 381,247,000.00 5.2790%
110 0.00 0.00 1,733,309.61 381,247,000.00 5.4557%
111 0.00 0.00 1,677,147.71 381,247,000.00 5.2789%
112 0.00 0.00 1,733,281.25 381,247,000.00 5.4556%
113 0.00 0.00 1,733,267.58 381,247,000.00 5.4556%
114 0.00 0.00 98,391,169.91 284,532,936.72 5.2788%
115 0.00 0.00 74,447,678.42 211,373,815.48 5.4344%
116 0.00 0.00 150,597,963.36 61,703,726.74 5.2677%
117 0.00 0.00 61,974,380.47 0.00 5.2636%
BACM 2005-1
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Cashflows for A-4
Base Case - Pricing Extension Scenario - 24 mth for 25% Ext
343,041,000.00 117,084,021.70 343,041,000.00 125,579,772.71
Pd Date Beg Bal Prin Pmt Int Due Pd Date Beg Bal Prin Pmt Int Due
- -- ---------- -------------- -------------- ------------ --- ---------- -------------- ------------- ------------
1 5/10/2005 343,041,000.00 - 1,427,336.43 1 5/10/2005 343,041,000.00 - 1,427,336.43
2 6/10/2005 343,041,000.00 - 1,427,336.43 2 6/10/2005 343,041,000.00 - 1,427,336.43
3 7/10/2005 343,041,000.00 - 1,427,336.43 3 7/10/2005 343,041,000.00 - 1,427,336.43
4 8/10/2005 343,041,000.00 - 1,427,336.43 4 8/10/2005 343,041,000.00 - 1,427,336.43
5 9/10/2005 343,041,000.00 - 1,427,336.43 5 9/10/2005 343,041,000.00 - 1,427,336.43
6 10/10/2005 343,041,000.00 - 1,427,336.43 6 10/10/2005 343,041,000.00 - 1,427,336.43
7 11/10/2005 343,041,000.00 - 1,427,336.43 7 11/10/2005 343,041,000.00 - 1,427,336.43
8 12/10/2005 343,041,000.00 - 1,427,336.43 8 12/10/2005 343,041,000.00 - 1,427,336.43
9 1/10/2006 343,041,000.00 - 1,427,336.43 9 1/10/2006 343,041,000.00 - 1,427,336.43
10 2/10/2006 343,041,000.00 - 1,427,336.43 10 2/10/2006 343,041,000.00 - 1,427,336.43
11 3/10/2006 343,041,000.00 - 1,427,336.43 11 3/10/2006 343,041,000.00 - 1,427,336.43
12 4/10/2006 343,041,000.00 - 1,427,336.43 12 4/10/2006 343,041,000.00 - 1,427,336.43
13 5/10/2006 343,041,000.00 - 1,427,336.43 13 5/10/2006 343,041,000.00 - 1,427,336.43
14 6/10/2006 343,041,000.00 - 1,427,336.43 14 6/10/2006 343,041,000.00 - 1,427,336.43
15 7/10/2006 343,041,000.00 - 1,427,336.43 15 7/10/2006 343,041,000.00 - 1,427,336.43
16 8/10/2006 343,041,000.00 - 1,427,336.43 16 8/10/2006 343,041,000.00 - 1,427,336.43
17 9/10/2006 343,041,000.00 - 1,427,336.43 17 9/10/2006 343,041,000.00 - 1,427,336.43
18 10/10/2006 343,041,000.00 - 1,427,336.43 18 10/10/2006 343,041,000.00 - 1,427,336.43
19 11/10/2006 343,041,000.00 - 1,427,336.43 19 11/10/2006 343,041,000.00 - 1,427,336.43
20 12/10/2006 343,041,000.00 - 1,427,336.43 20 12/10/2006 343,041,000.00 - 1,427,336.43
21 1/10/2007 343,041,000.00 - 1,427,336.43 21 1/10/2007 343,041,000.00 - 1,427,336.43
22 2/10/2007 343,041,000.00 - 1,427,336.43 22 2/10/2007 343,041,000.00 - 1,427,336.43
23 3/10/2007 343,041,000.00 - 1,427,336.43 23 3/10/2007 343,041,000.00 - 1,427,336.43
24 4/10/2007 343,041,000.00 - 1,427,336.43 24 4/10/2007 343,041,000.00 - 1,427,336.43
25 5/10/2007 343,041,000.00 - 1,427,336.43 25 5/10/2007 343,041,000.00 - 1,427,336.43
26 6/10/2007 343,041,000.00 - 1,427,336.43 26 6/10/2007 343,041,000.00 - 1,427,336.43
27 7/10/2007 343,041,000.00 - 1,427,336.43 27 7/10/2007 343,041,000.00 - 1,427,336.43
28 8/10/2007 343,041,000.00 - 1,427,336.43 28 8/10/2007 343,041,000.00 - 1,427,336.43
29 9/10/2007 343,041,000.00 - 1,427,336.43 29 9/10/2007 343,041,000.00 - 1,427,336.43
30 10/10/2007 343,041,000.00 - 1,427,336.43 30 10/10/2007 343,041,000.00 - 1,427,336.43
31 11/10/2007 343,041,000.00 - 1,427,336.43 31 11/10/2007 343,041,000.00 - 1,427,336.43
32 12/10/2007 343,041,000.00 - 1,427,336.43 32 12/10/2007 343,041,000.00 - 1,427,336.43
33 1/10/2008 343,041,000.00 - 1,427,336.43 33 1/10/2008 343,041,000.00 - 1,427,336.43
34 2/10/2008 343,041,000.00 - 1,427,336.43 34 2/10/2008 343,041,000.00 - 1,427,336.43
35 3/10/2008 343,041,000.00 - 1,427,336.43 35 3/10/2008 343,041,000.00 - 1,427,336.43
36 4/10/2008 343,041,000.00 - 1,427,336.43 36 4/10/2008 343,041,000.00 - 1,427,336.43
37 5/10/2008 343,041,000.00 - 1,427,336.43 37 5/10/2008 343,041,000.00 - 1,427,336.43
38 6/10/2008 343,041,000.00 - 1,427,336.43 38 6/10/2008 343,041,000.00 - 1,427,336.43
39 7/10/2008 343,041,000.00 - 1,427,336.43 39 7/10/2008 343,041,000.00 - 1,427,336.43
40 8/10/2008 343,041,000.00 - 1,427,336.43 40 8/10/2008 343,041,000.00 - 1,427,336.43
41 9/10/2008 343,041,000.00 - 1,427,336.43 41 9/10/2008 343,041,000.00 - 1,427,336.43
42 10/10/2008 343,041,000.00 - 1,427,336.43 42 10/10/2008 343,041,000.00 - 1,427,336.43
43 11/10/2008 343,041,000.00 - 1,427,336.43 43 11/10/2008 343,041,000.00 - 1,427,336.43
44 12/10/2008 343,041,000.00 - 1,427,336.43 44 12/10/2008 343,041,000.00 - 1,427,336.43
45 1/10/2009 343,041,000.00 - 1,427,336.43 45 1/10/2009 343,041,000.00 - 1,427,336.43
46 2/10/2009 343,041,000.00 - 1,427,336.43 46 2/10/2009 343,041,000.00 - 1,427,336.43
47 3/10/2009 343,041,000.00 - 1,427,336.43 47 3/10/2009 343,041,000.00 - 1,427,336.43
48 4/10/2009 343,041,000.00 - 1,427,336.43 48 4/10/2009 343,041,000.00 - 1,427,336.43
49 5/10/2009 343,041,000.00 - 1,427,336.43 49 5/10/2009 343,041,000.00 - 1,427,336.43
50 6/10/2009 343,041,000.00 - 1,427,336.43 50 6/10/2009 343,041,000.00 - 1,427,336.43
51 7/10/2009 343,041,000.00 - 1,427,336.43 51 7/10/2009 343,041,000.00 - 1,427,336.43
52 8/10/2009 343,041,000.00 - 1,427,336.43 52 8/10/2009 343,041,000.00 - 1,427,336.43
53 9/10/2009 343,041,000.00 - 1,427,336.43 53 9/10/2009 343,041,000.00 - 1,427,336.43
54 10/10/2009 343,041,000.00 - 1,427,336.43 54 10/10/2009 343,041,000.00 - 1,427,336.43
55 11/10/2009 343,041,000.00 - 1,427,336.43 55 11/10/2009 343,041,000.00 - 1,427,336.43
56 12/10/2009 343,041,000.00 - 1,427,336.43 56 12/10/2009 343,041,000.00 - 1,427,336.43
57 1/10/2010 343,041,000.00 - 1,427,336.43 57 1/10/2010 343,041,000.00 - 1,427,336.43
58 2/10/2010 343,041,000.00 - 1,427,336.43 58 2/10/2010 343,041,000.00 - 1,427,336.43
59 3/10/2010 343,041,000.00 - 1,427,336.43 59 3/10/2010 343,041,000.00 - 1,427,336.43
60 4/10/2010 343,041,000.00 - 1,427,336.43 60 4/10/2010 343,041,000.00 - 1,427,336.43
61 5/10/2010 343,041,000.00 - 1,427,336.43 61 5/10/2010 343,041,000.00 - 1,427,336.43
62 6/10/2010 343,041,000.00 - 1,427,336.43 62 6/10/2010 343,041,000.00 - 1,427,336.43
63 7/10/2010 343,041,000.00 - 1,427,336.43 63 7/10/2010 343,041,000.00 - 1,427,336.43
64 8/10/2010 343,041,000.00 - 1,427,336.43 64 8/10/2010 343,041,000.00 - 1,427,336.43
65 9/10/2010 343,041,000.00 0.00 1,427,336.43 65 9/10/2010 343,041,000.00 - 1,427,336.43
66 10/10/2010 343,041,000.00 0.00 1,427,336.43 66 10/10/2010 343,041,000.00 - 1,427,336.43
67 11/10/2010 343,041,000.00 - 1,427,336.43 67 11/10/2010 343,041,000.00 - 1,427,336.43
68 12/10/2010 343,041,000.00 - 1,427,336.43 68 12/10/2010 343,041,000.00 - 1,427,336.43
69 1/10/2011 343,041,000.00 - 1,427,336.43 69 1/10/2011 343,041,000.00 - 1,427,336.43
70 2/10/2011 343,041,000.00 - 1,427,336.43 70 2/10/2011 343,041,000.00 - 1,427,336.43
71 3/10/2011 343,041,000.00 0.00 1,427,336.43 71 3/10/2011 343,041,000.00 - 1,427,336.43
72 4/10/2011 343,041,000.00 - 1,427,336.43 72 4/10/2011 343,041,000.00 - 1,427,336.43
73 5/10/2011 343,041,000.00 - 1,427,336.43 73 5/10/2011 343,041,000.00 - 1,427,336.43
74 6/10/2011 343,041,000.00 - 1,427,336.43 74 6/10/2011 343,041,000.00 - 1,427,336.43
75 7/10/2011 343,041,000.00 - 1,427,336.43 75 7/10/2011 343,041,000.00 - 1,427,336.43
76 8/10/2011 343,041,000.00 0.00 1,427,336.43 76 8/10/2011 343,041,000.00 - 1,427,336.43
77 9/10/2011 343,041,000.00 - 1,427,336.43 77 9/10/2011 343,041,000.00 - 1,427,336.43
78 10/10/2011 343,041,000.00 - 1,427,336.43 78 10/10/2011 343,041,000.00 - 1,427,336.43
79 11/10/2011 343,041,000.00 - 1,427,336.43 79 11/10/2011 343,041,000.00 - 1,427,336.43
80 12/10/2011 343,041,000.00 - 1,427,336.43 80 12/10/2011 343,041,000.00 - 1,427,336.43
81 1/10/2012 343,041,000.00 126,233,829.99 1,427,336.43 81 1/10/2012 343,041,000.00 52,700,908.55 1,427,336.43
82 2/10/2012 216,807,170.01 116,641,644.38 902,098.50 82 2/10/2012 290,340,091.45 98,062,306.40 1,208,056.73
83 3/10/2012 100,165,525.63 63,898,628.90 416,772.06 83 3/10/2012 192,277,785.05 48,403,185.60 800,035.82
84 4/10/2012 36,266,896.73 36,266,896.73 150,900.51 84 4/10/2012 143,874,599.45 65,097,559.71 598,638.23
- - - 85 5/10/2012 78,777,039.74 124,545.59 327,778.13
- - - 86 6/10/2012 78,652,494.15 115,099.79 327,259.92
- - - 87 7/10/2012 78,537,394.36 125,600.90 326,781.01
- - - 88 8/10/2012 78,411,793.46 116,195.09 326,258.40
- - - 89 9/10/2012 78,295,598.37 116,723.98 325,774.94
- - - 90 10/10/2012 78,178,874.38 - 325,289.27
- - - 91 11/10/2012 78,178,874.38 - 325,289.27
- - - 92 12/10/2012 78,178,874.38 - 325,289.27
- - - 93 1/10/2013 78,178,874.38 - 325,289.27
- - - 94 2/10/2013 78,178,874.38 - 325,289.27
- - - 95 3/10/2013 78,178,874.38 - 325,289.27
- - - 96 4/10/2013 78,178,874.38 - 325,289.27
- - - 97 5/10/2013 78,178,874.38 - 325,289.27
- - - 98 6/10/2013 78,178,874.38 - 325,289.27
- - - 99 7/10/2013 78,178,874.38 - 325,289.27
- - - 100 8/10/2013 78,178,874.38 - 325,289.27
- - - 101 9/10/2013 78,178,874.38 - 325,289.27
- - - 102 10/10/2013 78,178,874.38 - 325,289.27
- - - 103 11/10/2013 78,178,874.38 - 325,289.27
- - - 104 12/10/2013 78,178,874.38 - 325,289.27
- - - 105 1/10/2014 78,178,874.38 22,181,282.33 325,289.27
- - - 106 2/10/2014 55,997,592.05 28,204,280.84 232,996.65
- - - 107 3/10/2014 27,793,311.21 14,628,472.24 115,643.34
- - - 108 4/10/2014 13,164,838.97 8,448,547.64 54,776.70
- - - 109 5/10/2014 4,716,291.34 13,838.79 19,623.70
- - - 110 6/10/2014 4,702,452.54 13,191.91 19,566.12
- - - 111 7/10/2014 4,689,260.63 13,961.61 19,511.23
- - - 112 8/10/2014 4,675,299.02 13,319.40 19,453.14
- - - 113 9/10/2014 4,661,979.62 13,381.96 19,397.72
- - - 114 10/10/2014 4,648,597.67 4,648,597.67 19,342.04
- - - - - -
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Default Scenario-3 CDR, mth 24, 40% Loss, 6 mth Recovery
343,041,000.00 110,971,111.64
Pd Date Beg Bal Prin Pmt Int Due
- -- ---------- -------------- -------------- ------------
1 5/10/2005 343,041,000.00 - 1,427,336.43
2 6/10/2005 343,041,000.00 - 1,427,336.43
3 7/10/2005 343,041,000.00 - 1,427,336.43
4 8/10/2005 343,041,000.00 - 1,427,336.43
5 9/10/2005 343,041,000.00 - 1,427,336.43
6 10/10/2005 343,041,000.00 - 1,427,336.43
7 11/10/2005 343,041,000.00 - 1,427,336.43
8 12/10/2005 343,041,000.00 - 1,427,336.43
9 1/10/2006 343,041,000.00 - 1,427,336.43
10 2/10/2006 343,041,000.00 - 1,427,336.43
11 3/10/2006 343,041,000.00 - 1,427,336.43
12 4/10/2006 343,041,000.00 - 1,427,336.43
13 5/10/2006 343,041,000.00 - 1,427,336.43
14 6/10/2006 343,041,000.00 - 1,427,336.43
15 7/10/2006 343,041,000.00 - 1,427,336.43
16 8/10/2006 343,041,000.00 - 1,427,336.43
17 9/10/2006 343,041,000.00 - 1,427,336.43
18 10/10/2006 343,041,000.00 - 1,427,336.43
19 11/10/2006 343,041,000.00 - 1,427,336.43
20 12/10/2006 343,041,000.00 - 1,427,336.43
21 1/10/2007 343,041,000.00 - 1,427,336.43
22 2/10/2007 343,041,000.00 - 1,427,336.43
23 3/10/2007 343,041,000.00 - 1,427,336.43
24 4/10/2007 343,041,000.00 - 1,427,336.43
25 5/10/2007 343,041,000.00 - 1,427,336.43
26 6/10/2007 343,041,000.00 - 1,427,336.43
27 7/10/2007 343,041,000.00 - 1,427,336.43
28 8/10/2007 343,041,000.00 - 1,427,336.43
29 9/10/2007 343,041,000.00 - 1,427,336.43
30 10/10/2007 343,041,000.00 - 1,427,336.43
31 11/10/2007 343,041,000.00 - 1,427,336.43
32 12/10/2007 343,041,000.00 - 1,427,336.43
33 1/10/2008 343,041,000.00 - 1,427,336.43
34 2/10/2008 343,041,000.00 - 1,427,336.43
35 3/10/2008 343,041,000.00 - 1,427,336.43
36 4/10/2008 343,041,000.00 - 1,427,336.43
37 5/10/2008 343,041,000.00 - 1,427,336.43
38 6/10/2008 343,041,000.00 - 1,427,336.43
39 7/10/2008 343,041,000.00 - 1,427,336.43
40 8/10/2008 343,041,000.00 - 1,427,336.43
41 9/10/2008 343,041,000.00 - 1,427,336.43
42 10/10/2008 343,041,000.00 - 1,427,336.43
43 11/10/2008 343,041,000.00 - 1,427,336.43
44 12/10/2008 343,041,000.00 - 1,427,336.43
45 1/10/2009 343,041,000.00 - 1,427,336.43
46 2/10/2009 343,041,000.00 - 1,427,336.43
47 3/10/2009 343,041,000.00 - 1,427,336.43
48 4/10/2009 343,041,000.00 - 1,427,336.43
49 5/10/2009 343,041,000.00 - 1,427,336.43
50 6/10/2009 343,041,000.00 - 1,427,336.43
51 7/10/2009 343,041,000.00 - 1,427,336.43
52 8/10/2009 343,041,000.00 - 1,427,336.43
53 9/10/2009 343,041,000.00 - 1,427,336.43
54 10/10/2009 343,041,000.00 - 1,427,336.43
55 11/10/2009 343,041,000.00 - 1,427,336.43
56 12/10/2009 343,041,000.00 - 1,427,336.43
57 1/10/2010 343,041,000.00 - 1,427,336.43
58 2/10/2010 343,041,000.00 - 1,427,336.43
59 3/10/2010 343,041,000.00 - 1,427,336.43
60 4/10/2010 343,041,000.00 46,814,994.02 1,427,336.43
61 5/10/2010 296,226,005.98 1,663,472.60 1,232,547.04
62 6/10/2010 294,562,533.38 1,665,468.62 1,225,625.61
63 7/10/2010 292,897,064.76 1,639,657.08 1,218,695.87
64 8/10/2010 291,257,407.68 1,642,475.52 1,211,873.53
65 9/10/2010 289,614,932.15 1,631,109.19 1,205,039.46
66 10/10/2010 287,983,822.97 1,604,410.11 1,198,252.69
67 11/10/2010 286,379,412.86 1,608,340.32 1,191,577.01
68 12/10/2010 284,771,072.54 1,580,510.97 1,184,884.97
69 1/10/2011 283,190,561.57 1,585,167.56 1,178,308.73
70 2/10/2011 281,605,394.01 1,573,874.21 1,171,713.11
71 3/10/2011 280,031,519.81 1,509,291.87 1,165,164.48
72 4/10/2011 278,522,227.94 1,549,461.95 1,158,884.57
73 5/10/2011 276,972,765.99 1,519,667.18 1,152,437.52
74 6/10/2011 275,453,098.81 1,526,086.14 1,146,114.44
75 7/10/2011 273,927,012.67 1,495,520.72 1,139,764.65
76 8/10/2011 272,431,491.95 1,502,629.98 1,133,542.03
77 9/10/2011 270,928,861.96 1,491,032.96 1,127,289.84
78 10/10/2011 269,437,829.01 1,459,642.02 1,121,085.90
79 11/10/2011 267,978,186.99 1,467,770.92 1,115,012.57
80 12/10/2011 266,510,416.07 1,435,317.23 1,108,905.42
81 1/10/2012 265,075,098.84 112,266,317.00 1,102,933.31
82 2/10/2012 152,808,781.84 103,428,921.19 635,811.87
83 3/10/2012 49,379,860.65 49,379,860.65 205,461.37
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Price/Yield Table - Class A-2
Security ID: BACM 2005-1 Initial Balance: 185,100,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 4.699%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
During YM 0.00% 0.00% 0.00% 0.00% 0.00%
During Penalty 0.00% 25.00% 50.00% 75.00% 100.00%
During Open 0.00% 25.00% 50.00% 75.00% 100.00%
Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5
100.00000000 4.70 4.70 4.70 4.70 4.69
100.06250000 4.67 4.67 4.67 4.67 4.67
100.12500000 4.65 4.65 4.65 4.65 4.64
100.18750000 4.62 4.62 4.62 4.62 4.61
100.25000000 4.60 4.60 4.60 4.60 4.59
100.31250000 4.58 4.57 4.57 4.57 4.56
100.37500000 4.55 4.55 4.55 4.55 4.53
100.43750000 4.53 4.53 4.52 4.52 4.51
100.50000000 4.50 4.50 4.50 4.50 4.48
100.56250000 4.48 4.48 4.47 4.47 4.45
100.62500000 4.45 4.45 4.45 4.45 4.42
100.68750000 4.43 4.43 4.42 4.42 4.40
100.75000000 4.40 4.40 4.40 4.40 4.37
100.81250000 4.38 4.38 4.38 4.37 4.34
100.87500000 4.35 4.35 4.35 4.35 4.32
100.93750000 4.33 4.33 4.33 4.32 4.29
101.00000000 4.30 4.30 4.30 4.30 4.26
WAL (yrs) 2.74 2.74 2.72 2.70 2.50
Mod Dur 2.52 2.52 2.50 2.48 2.31
First Prin Pay 1/10/2008 10/10/2007 10/10/2007 10/10/2007 10/10/2007
Maturity 1/10/2008 1/10/2008 1/10/2008 1/10/2008 1/10/2008
Yield Spread 55 55 55 55 57
Assumptions Treasury Curve as of
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
Price/Yield Table - Class A-3
Security ID: BACM 2005-1 Initial Balance: 555,000,000
Settlement Date: 04/12/05 Initial Pass-Through Rate: 4.778%
Accrual Start Date: 04/01/05
First Pay Date: 05/10/05
Prepayment (CPR) Scenario 1 Scenario 2 Scenario 3
During YM 0.00% 0.00% 0.00%
During Penalty 0.00% 0.00% 0.00%
During Open 0.00% 0.00% 0.00%
Extension (Lane Furniture, Davis
Building and Mykawa) Scenario 1 Scenario 2 Scenario 3
Extension % 0.00% 20.00% 100.00%
Extension Months 0.00% 24 24
Extension (Rest of the Pool) Scenario 1 Scenario 2 Scenario 3
Extension % 0.00% 20.00% 0.00%
Extension Months 0.00% 24 0
Scenario 1 Scenario 2 Scenario 3
100.00000000 4.80 4.80 4.80
100.06250000 4.78 4.79 4.78
100.12500000 4.77 4.77 4.77
100.18750000 4.75 4.76 4.75
100.25000000 4.74 4.74 4.74
100.31250000 4.72 4.73 4.73
100.37500000 4.71 4.72 4.71
100.43750000 4.69 4.70 4.70
100.50000000 4.68 4.69 4.68
100.56250000 4.66 4.67 4.67
100.62500000 4.65 4.66 4.65
100.68750000 4.63 4.65 4.64
100.75000000 4.62 4.63 4.62
100.81250000 4.60 4.62 4.61
100.87500000 4.59 4.60 4.60
100.93750000 4.58 4.59 4.58
101.00000000 4.56 4.58 4.57
WAL (yrs) 4.79 5.17 4.92
Mod Dur 4.19 4.48 4.29
First Prin Pay 10/10/2009 11/10/2009 10/10/2009
Maturity 04/10/2010 01/10/2012 01/10/2012
Yield Spread 54 51 53
Assumptions Treasury Curve as of
1% Cleanup Call is Not Exercised Term (Yrs) Yield (BEY%)
Initial Balance is as of April 2005 1/12 3.696%
Prepay Rates are a Constant % of CPR 1/4 3.696%
100% of All Prepayment Premiums are assumed to be collected 1/2 3.696%
Prepayment Premiums are allocated to one or more classes 2 3.696%
of the offered certificates as described under "Description of the Certificates-Distributions- 3 3.893%
Distributions of Prepayment Premiums" in the Prospectus Supplement. 5 4.164%
No Extensions on any Mortgage Loan 10 4.506%
No Delinquencies on any Mortgage Loan 30 4.813%
No Defaults on any Mortgage Loan
Rating Agencies Do Not Address the Likelihood of Receipt of Prepayment Penalties
This material is for your private information and Banc of America Securities LLC
(the "Underwriter") is not soliciting any action based upon it. This material is
not to be construed as an offer to sell or the solicitation of any offer to buy
any security in any jurisdiction where such an offer or solicitation would be
illegal. This material is based on information that the Underwriter considers
reliable, but the Underwriter does not represent that it is accurate or complete
and it should not be relied upon as such. By accepting this material the
recipient agrees that it will not distribute or provide the material to any
other person. The information contained in this material may pertain to
securities that ultimately are not sold. The information contained in this
material may be based on assumptions regarding market conditions and other
matters as reflected herein. The Underwriter makes no representation regarding
the reasonableness of such assumptions or the likelihood that any of such
assumptions will coincide with actual market conditions or events, and this
material should not be relied upon for such purposes. The Underwriter and its
affiliates, directors, partners and employees, including persons involved in the
preparation or issuance of this material may, from time to time, have long or
short positions in, and buy and sell, the securities mentioned therein or
derivatives thereof (including options). This material may be filed with the
Securities and Exchange Commission (the "SEC") and incorporated by reference
into an effective registration statement previously filed with the SEC under
Rule 415 of the Securities Act of 1933, including all cases where the material
does not pertain to securities that are ultimately offered for sale pursuant to
such registration statement. Information contained in this material is current
as of the date appearing in this material only. Information in this material
regarding any assets backing any securities discussed herein supersedes all
prior information regarding such assets. Any information in the material,
whether regarding the assets backing any securities discussed herein or
otherwise, will be superseded in its entirety by the information contained in
any final prospectus and prospectus supplement for any securities actually sold
to you, which you should read before making any investment decision. This
material is furnished solely by the Underwriter and not by the issuer of the
securities. The issuer of the securities has not prepared, reviewed or
participated in the preparation of this material, is not responsible for the
accuracy of this material and has not authorized the dissemination of this
material. The Underwriter is acting as Underwriter and not acting as agent for
the issuer in connection with the proposed transaction.
Banc of America Securities LLC
STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER
INFORMATION
The information contained in the attached materials (the "Information") may
include various forms of performance analysis, security characteristics and
securities pricing estimates for the securities addressed. Please read and
understand this entire statement before utilizing the Information. The
Information is provided solely by Bear Stearns, not as agent for any issuer, and
although it may be based on data supplied to it by an issuer, the issuer has not
participated in its preparation and makes no representations regarding its
accuracy or completeness. Should you receive Information that refers to the
"Statement Regarding Assumptions and Other Information", please refer to this
statement instead. The Information is illustrative and is not intended to
predict actual results which may differ substantially from those reflected in
the Information. Performance analysis is based on certain assumptions with
respect to significant factors that may prove not to be as assumed. You should
understand the assumptions and evaluate whether they are appropriate for your
purposes. Performance results are based on mathematical models that use inputs
to calculate results. As with all models, results may vary significantly
depending upon the value of the inputs given. Inputs to these models include but
are not limited to: prepayment expectations (econometric prepayment models,
single expected lifetime prepayments or a vector of periodic prepayments),
interest rate assumptions (parallel and nonparallel changes for different
maturity instruments), collateral assumptions (actual pool level data,
aggregated pool level data, reported factors or imputed factors), volatility
assumptions (historically observed or implied current) and reported information
(paydown factors, rate resets and trustee statements). Models used in any
analysis may be proprietary making the results difficult for any third party to
reproduce. Contact your registered representative for detailed explanations of
any modelling techniques employed in the Information. The Information addresses
only certain aspects of the applicable security's characteristics and thus does
not provide a complete assessment. As such, the Information may not reflect the
impact of all structural characteristics of the security, including call events
and cash flow priorities at all prepayment speeds and/or interest rates. You
should consider whether the behavior of these securities should be tested at
assumptions different from those included in the Information. The assumptions
underlying the Information, including structure and collateral, may be modified
from time to time to reflect changed circumstances. Any investment decision
should be based only on the data in the prospectus and the prospectus supplement
or private placement memorandum (Offering Documents) and the then current
version of the Information. Offering Documents contain data that is current as
of their publication dates and after publication may no longer be complete or
current. Contact your registered representative for Offering Documents, current
Information or additional materials, including other models for performance
analysis, which are likely to produce different results, and any further
explanation regarding the Information. Any pricing estimates Bear Stearns has
supplied at your request (a) represent our view, at the time determined, of the
investment value of the securities between the estimated bid and offer levels,
the spread between which may be significant due to market volatility or
illiquidity, (b) do not constitute a bid by any person for any security, (C) may
not constitute prices at which the securities could have been purchased or sold
in any market, (d) have not been confirmed by actual trades, may vary from the
value Bear Stearns assigns any such security while in its inventory, and may not
take into account the size of a position you have in the security, and (e) may
have been derived from matrix pricing that uses data relating to other
securities whose prices are more readily ascertainable to produce a hypothetical
price based on the estimated yield spread relationship between the securities.
General Information: The data underlying the Information has been obtained from
sources that we believe are reliable, but we do not guarantee the accuracy of
the underlying data or computations based thereon. Bear Stearns and/or
individuals thereof may have positions in these securities while the Information
is circulating or during such period may engage in transactions with the issuer
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accordingly, you must determine the appropriateness for you of such transactions
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solicitation of any transaction in securities which may be made only by
prospectus when required by law, in which event you may obtain such prospectus
from Bear Stearns.
Base Case (0 cpr, 0 cdr) 0 cpy, 1 cdr, 35% sev, 24 mth lag
PRINCIPAL INTEREST CASHFLOW BALANCE PRINCIPAL INTEREST CASHFLOW
- -------------- -------------- ---------- -------------- -------------- -------------- ---------- --------------
10-Apr-05 0.00 0.00 0.00 185,100,000.00 0.00 0.00 0.00
10-May-05 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Jun-05 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Jul-05 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Aug-05 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Sep-05 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Oct-05 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Nov-05 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Dec-05 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Jan-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Feb-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Mar-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Apr-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-May-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Jun-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Jul-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Aug-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Sep-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Oct-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Nov-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Dec-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Jan-07 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Feb-07 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Mar-07 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Apr-07 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-May-07 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Jun-07 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Jul-07 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Aug-07 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Sep-07 0.00 724,203.75 724,203.75 185,100,000.00 1,150,359.36 724,203.75 1,874,563.11
10-Oct-07 0.00 724,203.75 724,203.75 185,100,000.00 2,877,291.62 719,702.97 3,596,994.59
10-Nov-07 0.00 724,203.75 724,203.75 185,100,000.00 2,705,057.27 708,445.57 3,413,502.84
10-Dec-07 0.00 724,203.75 724,203.75 185,100,000.00 2,884,308.63 697,862.03 3,582,170.65
10-Jan-08 185,100,000.00 724,203.75 185,824,203.75 0.00 175,482,983.12 686,577.17 176,169,560.30
10-Feb-08 0.00 0.00 0.00 0.00 0.00 0.00 0.00
O cpy, 2 cdr, 35% sev, 24 mth lag
BALANCE PRINCIPAL INTEREST CASHFLOW BALANCE PRINCIPAL INTEREST
- -------------- -------------- -------------- ---------- -------------- -------------- -------------- ----------
10-Apr-05 185,100,000.00 0.00 0.00 0.00 185,100,000.00 0.00 0.00
10-May-05 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Jun-05 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Jul-05 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Aug-05 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Sep-05 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Oct-05 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Nov-05 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Dec-05 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Jan-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Feb-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Mar-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Apr-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-May-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Jun-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Jul-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Aug-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Sep-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Oct-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Nov-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Dec-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Jan-07 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Feb-07 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Mar-07 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Apr-07 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-May-07 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Jun-07 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Jul-07 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 2,730,531.46 724,203.75
10-Aug-07 185,100,000.00 3,072,352.89 724,203.75 3,796,556.64 182,027,647.11 4,992,661.60 713,520.55
10-Sep-07 183,949,640.64 3,839,067.64 712,183.17 4,551,250.81 178,188,579.47 4,983,678.51 693,986.76
10-Oct-07 181,072,349.02 4,012,900.44 697,162.82 4,710,063.26 174,175,679.04 5,149,388.17 674,488.11
10-Nov-07 178,367,291.75 3,836,190.01 681,462.34 4,517,652.36 170,339,489.02 4,966,244.73 654,341.13
10-Dec-07 175,482,983.12 4,009,003.60 666,453.25 4,675,456.85 166,330,485.42 5,130,670.78 634,910.70
10-Jan-08 0.00 166,330,485.42 650,768.02 166,981,253.44 0.00 157,146,824.76 614,836.95
10-Feb-08 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0 cpy, 3 cdr, 35% sev, 24 mth lag 0 cpy, 4 cdr, 35% sev, 24 mth lag
CASHFLOW BALANCE PRINCIPAL INTEREST CASHFLOW BALANCE PRINCIPAL
- -------------- -------------- -------------- -------------- ---------- -------------- -------------- --------------
10-Apr-05 0.00 185,100,000.00 0.00 0.00 0.00 185,100,000.00 0.00
10-May-05 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Jun-05 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Jul-05 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Aug-05 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Sep-05 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Oct-05 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Nov-05 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Dec-05 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Jan-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Feb-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Mar-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Apr-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-May-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Jun-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Jul-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Aug-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Sep-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Oct-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Nov-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Dec-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Jan-07 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Feb-07 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Mar-07 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Apr-07 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-May-07 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Jun-07 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 2,294,034.81
10-Jul-07 3,454,735.21 182,369,468.54 6,256,680.31 724,203.75 6,980,884.06 178,843,319.69 7,516,449.88
10-Aug-07 5,706,182.14 177,376,806.94 6,149,425.64 699,724.49 6,849,150.13 172,693,894.05 7,311,165.62
10-Sep-07 5,677,665.26 172,393,128.43 6,131,169.55 675,664.86 6,806,834.41 166,562,724.50 7,281,560.21
10-Oct-07 5,823,876.28 167,243,740.27 6,286,738.54 651,676.66 6,938,415.20 160,275,985.96 7,424,934.36
10-Nov-07 5,620,585.86 162,277,495.54 6,095,175.00 627,079.80 6,722,254.79 154,180,810.97 7,222,932.75
10-Dec-07 5,765,581.49 157,146,824.76 6,249,238.79 603,232.42 6,852,471.22 147,931,572.18 7,364,634.07
10-Jan-08 157,761,661.71 0.00 147,931,572.18 578,782.28 148,510,354.45 0.00 138,684,288.28
10-Feb-08 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0 cpy, 5 cdr, 35% sev, 24 mth lag 0 cpy, 10 cdr, 35% sev, 24 mth lag
INTEREST CASHFLOW BALANCE PRINCIPAL INTEREST CASHFLOW BALANCE
- -------------- ---------- -------------- -------------- ------------- ---------- ------------- --------------
10-Apr-05 0.00 0.00 185,100,000.00 0.00 0.00 0.00 185,100,000.00
10-May-05 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Jun-05 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Jul-05 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Aug-05 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Sep-05 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Oct-05 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Nov-05 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Dec-05 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Jan-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Feb-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Mar-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Apr-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-May-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Jun-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Jul-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Aug-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Sep-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Oct-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Nov-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Dec-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Jan-07 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Feb-07 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Mar-07 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Apr-07 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-May-07 724,203.75 724,203.75 185,100,000.00 1,083,573.40 724,203.75 1,807,777.15 184,016,426.60
10-Jun-07 724,203.75 3,018,238.56 182,805,965.19 13,438,509.98 719,964.27 14,158,474.25 170,577,916.62
10-Jul-07 715,228.34 8,231,678.22 175,289,515.30 13,490,696.63 667,386.10 14,158,082.73 157,087,219.99
10-Aug-07 685,820.23 7,996,985.85 167,978,349.68 13,196,757.80 614,603.75 13,811,361.55 143,890,462.19
10-Sep-07 657,215.29 7,938,775.51 160,696,789.47 13,077,690.51 562,971.43 13,640,661.94 130,812,771.68
10-Oct-07 628,726.19 8,053,660.55 153,271,855.10 13,127,923.05 511,804.97 13,639,728.02 117,684,848.63
10-Nov-07 599,676.13 7,822,608.88 146,048,922.35 12,842,326.14 460,441.97 13,302,768.11 104,842,522.49
10-Dec-07 571,416.41 7,936,050.48 138,684,288.28 12,891,281.12 410,196.37 13,301,477.49 91,951,241.37
10-Jan-08 542,602.28 139,226,890.56 0.00 91,951,241.37 359,759.23 92,311,000.61 0.00
10-Feb-08 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Base Case (0 cpr, 0 cdr) O cpy, 1 cdr, 35% sev, 24 mth lag
PRINCIPAL INTEREST CASHFLOW BALANCE PRINCIPAL INTEREST CASHFLOW
- --------- -------------- ------------ -------------- -------------- -------------- ------------ --------------
10-Apr-05 0.00 0.00 0.00 555,000,000.00 0.00 0.00 0.00
10-May-05 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Jun-05 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Jul-05 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Aug-05 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Sep-05 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Oct-05 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Nov-05 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Dec-05 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Jan-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Feb-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Mar-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Apr-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-May-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Jun-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Jul-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Aug-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Sep-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Oct-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Nov-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Dec-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Jan-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Feb-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Mar-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Apr-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-May-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Jun-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Jul-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Aug-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Sep-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Oct-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Nov-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Dec-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Jan-08 0.20 2,277,812.50 2,277,812.70 554,999,999.80 9,269,601.28 2,277,812.50 11,547,413.78
10-Feb-08 0.01 2,277,812.50 2,277,812.51 554,999,999.79 1,016,205.68 2,239,768.51 3,255,974.19
10-Mar-08 0.01 2,277,812.50 2,277,812.51 554,999,999.78 1,009,998.78 2,235,597.83 3,245,596.61
10-Apr-08 0.01 2,277,812.50 2,277,812.51 554,999,999.77 1,009,887.58 2,231,452.63 3,241,340.21
10-May-08 0.01 2,277,812.50 2,277,812.51 554,999,999.75 1,004,584.70 2,227,307.88 3,231,892.58
10-Jun-08 0.01 2,277,812.50 2,277,812.50 554,999,999.75 1,003,290.77 2,223,184.90 3,226,475.68
10-Jul-08 0.01 2,277,812.50 2,277,812.51 554,999,999.73 998,170.62 2,219,067.23 3,217,237.85
10-Aug-08 0.01 2,277,812.50 2,277,812.51 554,999,999.73 996,550.15 2,214,970.57 3,211,520.72
10-Sep-08 0.01 2,277,812.50 2,277,812.51 554,999,999.71 993,435.50 2,210,880.56 3,204,316.06
10-Oct-08 0.01 2,277,812.50 2,277,812.51 554,999,999.70 987,703.90 2,206,803.34 3,194,507.23
10-Nov-08 0.01 2,277,812.50 2,277,812.51 554,999,999.69 987,037.38 2,202,749.64 3,189,787.02
10-Dec-08 0.01 2,277,812.50 2,277,812.51 554,999,999.68 981,033.89 2,198,698.67 3,179,732.56
10-Jan-09 0.01 2,277,812.50 2,277,812.51 554,999,999.67 980,664.29 2,194,672.34 3,175,336.64
10-Feb-09 0.01 2,277,812.50 2,277,812.51 554,999,999.65 976,502.52 2,190,647.53 3,167,150.05
10-Mar-09 0.01 2,277,812.50 2,277,812.51 554,999,999.65 962,978.52 2,186,639.80 3,149,618.32
10-Apr-09 0.01 2,277,812.50 2,277,812.51 554,999,999.63 969,676.37 2,182,687.58 3,152,363.95
10-May-09 0.00 2,277,812.50 2,277,812.50 554,999,999.63 962,746.94 2,178,707.87 3,141,454.81
10-Jun-09 0.01 2,277,812.50 2,277,812.51 554,999,999.61 963,131.06 2,174,756.59 3,137,887.65
10-Jul-09 0.01 2,277,812.50 2,277,812.51 554,999,999.60 955,904.56 2,170,803.74 3,126,708.30
10-Aug-09 0.01 2,277,812.50 2,277,812.51 554,999,999.59 956,542.11 2,166,880.55 3,123,422.66
10-Sep-09 0.01 2,277,812.50 2,277,812.51 554,999,999.57 953,286.25 2,162,954.74 3,116,240.99
10-Oct-09 25,176,928.77 2,277,812.50 27,454,741.27 529,823,070.80 25,537,009.29 2,159,042.30 27,696,051.59
10-Nov-09 19,168,657.51 2,174,482.19 21,343,139.70 510,654,413.29 19,647,755.17 2,054,234.15 21,701,989.33
10-Dec-09 83,053,022.88 2,095,810.82 85,148,833.70 427,601,390.41 81,815,850.38 1,973,596.49 83,789,446.87
10-Jan-10 232,133,266.41 1,754,947.37 233,888,213.78 195,468,124.00 226,719,265.04 1,637,810.61 228,357,075.64
10-Feb-10 42,195,348.26 802,233.76 42,997,582.02 153,272,775.75 41,801,059.12 707,316.96 42,508,376.08
10-Mar-10 1,945,253.98 629,057.02 2,574,311.00 151,327,521.76 2,656,009.57 535,758.44 3,191,768.01
10-Apr-10 151,327,521.76 621,073.37 151,948,595.13 0.00 127,884,118.58 524,857.74 128,408,976.32
10-May-10 0.00 0.00 0.00 0.00 0.00 0.00 0.00
O cpy, 2 cdr, 35% sev, 24 mth lag
BALANCE PRINCIPAL INTEREST CASHFLOW BALANCE PRINCIPAL INTEREST
- --------- -------------- -------------- ------------ -------------- -------------- -------------- ------------
10-Apr-05 555,000,000.00 0.00 0.00 0.00 555,000,000.00 0.00 0.00
10-May-05 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Jun-05 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Jul-05 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Aug-05 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Sep-05 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Oct-05 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Nov-05 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Dec-05 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Jan-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Feb-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Mar-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Apr-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-May-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Jun-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Jul-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Aug-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Sep-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Oct-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Nov-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Dec-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Jan-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Feb-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Mar-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Apr-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-May-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Jun-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Jul-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Aug-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Sep-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Oct-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Nov-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Dec-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Jan-08 545,730,398.72 18,562,619.47 2,277,812.50 20,840,431.97 536,437,380.53 27,879,353.73 2,277,812.50
10-Feb-08 544,714,193.05 2,026,296.43 2,201,628.42 4,227,924.85 534,411,084.10 3,030,179.31 2,163,390.99
10-Mar-08 543,704,194.27 2,012,169.31 2,193,312.16 4,205,481.47 532,398,914.79 3,006,410.19 2,150,954.62
10-Apr-08 542,694,306.69 2,010,250.51 2,185,053.88 4,195,304.39 530,388,664.27 3,000,983.47 2,138,615.82
10-May-08 541,689,721.99 1,997,955.69 2,176,803.48 4,174,759.17 528,390,708.58 2,980,008.14 2,126,299.28
10-Jun-08 540,686,431.21 1,993,687.10 2,168,603.53 4,162,290.63 526,397,021.49 2,971,088.99 2,114,068.83
10-Jul-08 539,688,260.60 1,981,781.17 2,160,421.11 4,142,202.28 524,415,240.31 2,950,740.95 2,101,874.99
10-Aug-08 538,691,710.45 1,976,877.37 2,152,287.55 4,129,164.92 522,438,362.95 2,940,904.45 2,089,764.65
10-Sep-08 537,698,274.95 1,968,997.80 2,144,174.11 4,113,171.92 520,469,365.14 2,926,627.52 2,077,694.69
10-Oct-08 536,710,571.05 1,955,907.27 2,136,093.02 4,092,000.29 518,513,457.87 2,904,572.83 2,065,683.32
10-Nov-08 535,723,533.67 1,952,933.07 2,128,065.65 4,080,998.72 516,560,524.81 2,897,675.92 2,053,762.47
10-Dec-08 534,742,499.78 1,939,324.14 2,120,050.49 4,059,374.63 514,621,200.67 2,874,890.05 2,041,869.93
10-Jan-09 533,761,835.48 1,936,956.76 2,112,091.18 4,049,047.94 512,684,243.90 2,868,931.12 2,030,070.90
10-Feb-09 532,785,332.96 1,927,039.73 2,104,141.58 4,031,181.31 510,757,204.17 2,851,703.92 2,018,296.33
10-Mar-09 531,822,354.45 1,898,496.68 2,096,232.69 3,994,729.38 508,858,707.49 2,806,689.43 2,006,592.46
10-Apr-09 530,852,678.08 1,910,227.12 2,088,440.95 3,998,668.07 506,948,480.37 2,821,833.62 1,995,073.34
10-May-09 529,889,931.14 1,894,838.03 2,080,601.05 3,975,439.08 505,053,642.34 2,796,505.09 1,983,492.06
10-Jun-09 528,926,800.08 1,894,008.12 2,072,824.32 3,966,832.45 503,159,634.22 2,792,917.46 1,972,014.74
10-Jul-09 527,970,895.52 1,878,054.17 2,065,051.00 3,943,105.17 501,281,580.05 2,766,793.26 1,960,552.14
10-Aug-09 527,014,353.41 1,877,741.82 2,057,343.15 3,935,084.97 499,403,838.23 2,764,005.74 1,949,196.76
10-Sep-09 526,061,067.16 1,869,699.05 2,049,636.59 3,919,335.64 497,534,139.17 2,749,710.94 1,937,852.82
10-Oct-09 500,524,057.87 25,867,566.41 2,041,963.03 27,909,529.44 471,666,572.76 26,169,097.39 1,926,567.55
10-Nov-09 480,876,302.69 20,094,680.87 1,935,798.23 22,030,479.09 451,571,891.89 20,509,999.68 1,819,165.21
10-Dec-09 399,060,452.31 80,574,240.13 1,853,326.31 82,427,566.44 370,997,651.76 79,328,626.24 1,734,988.75
10-Jan-10 172,341,187.27 221,375,444.62 1,522,636.20 222,898,080.81 149,622,207.15 216,101,691.09 1,409,410.85
10-Feb-10 130,540,128.15 41,391,980.00 614,074.48 42,006,054.47 108,230,227.15 40,968,627.28 522,493.49
10-Mar-10 127,884,118.58 3,331,116.06 444,194.89 3,775,310.95 104,899,111.08 3,971,313.89 354,351.42
10-Apr-10 0.00 104,899,111.08 430,523.44 105,329,634.52 0.00 82,368,118.29 338,052.49
10-May-10 0.00 0.00 0.00 0.00 0.00 0.00 0.00
O cpy, 3 cdr, 35% sev, 24 mth lag O cpy, 4 cdr, 35% sev, 24 mth lag
CASHFLOW BALANCE PRINCIPAL INTEREST CASHFLOW BALANCE PRINCIPAL
- --------- -------------- -------------- -------------- ------------ -------------- -------------- --------------
10-Apr-05 0.00 555,000,000.00 0.00 0.00 0.00 555,000,000.00 0.00
10-May-05 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Jun-05 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Jul-05 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Aug-05 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Sep-05 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Oct-05 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Nov-05 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Dec-05 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Jan-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Feb-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Mar-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Apr-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-May-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Jun-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Jul-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Aug-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Sep-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Oct-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Nov-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Dec-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Jan-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Feb-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Mar-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Apr-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-May-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Jun-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Jul-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Aug-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Sep-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Oct-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Nov-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Dec-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Jan-08 30,157,166.23 527,120,646.27 37,220,109.95 2,277,812.50 39,497,922.45 517,779,890.05 46,585,201.18
10-Feb-08 5,193,570.30 524,090,466.96 4,027,759.02 2,125,054.97 6,152,813.99 513,752,131.03 5,018,937.84
10-Mar-08 5,157,364.81 521,084,056.77 3,992,617.62 2,108,524.37 6,101,142.00 509,759,513.41 4,970,685.39
10-Apr-08 5,139,599.28 518,083,073.30 3,981,978.85 2,092,138.00 6,074,116.85 505,777,534.56 4,953,126.71
10-May-08 5,106,307.42 515,103,065.16 3,950,635.12 2,075,795.30 6,026,430.42 501,826,899.44 4,909,727.59
10-Jun-08 5,085,157.82 512,131,976.17 3,935,394.68 2,059,581.23 5,994,975.91 497,891,504.76 4,886,500.53
10-Jul-08 5,052,615.94 509,181,235.22 3,904,957.77 2,043,429.72 5,948,387.49 493,986,546.98 4,844,337.97
10-Aug-08 5,030,669.11 506,240,330.76 3,888,553.13 2,027,403.12 5,915,956.25 490,097,993.85 4,819,744.02
10-Sep-08 5,004,322.21 503,313,703.24 3,866,264.60 2,011,443.85 5,877,708.45 486,231,729.25 4,787,848.33
10-Oct-08 4,970,256.15 500,409,130.41 3,833,663.07 1,995,576.06 5,829,239.12 482,398,066.19 4,743,140.28
10-Nov-08 4,951,438.39 497,511,454.49 3,821,255.04 1,979,842.06 5,801,097.11 478,576,811.14 4,723,659.79
10-Dec-08 4,916,759.97 494,636,564.45 3,787,751.58 1,964,159.00 5,751,910.58 474,789,059.56 4,677,929.42
10-Jan-09 4,899,002.02 491,767,633.33 3,776,642.16 1,948,613.43 5,725,255.59 471,012,417.40 4,660,145.79
10-Feb-09 4,870,000.25 488,915,929.41 3,750,588.83 1,933,113.46 5,683,702.29 467,261,828.57 4,623,789.67
10-Mar-09 4,813,281.89 486,109,239.97 3,687,693.46 1,917,720.42 5,605,413.89 463,574,135.11 4,541,647.29
10-Apr-09 4,816,906.96 483,287,406.35 3,704,679.24 1,902,585.51 5,607,264.75 459,869,455.87 4,558,949.40
10-May-09 4,779,997.16 480,490,901.26 3,667,982.14 1,887,380.89 5,555,363.03 456,201,473.73 4,509,505.39
10-Jun-09 4,764,932.20 477,697,983.80 3,660,147.57 1,872,326.88 5,532,474.45 452,541,326.17 4,495,989.21
10-Jul-09 4,727,345.40 474,931,190.54 3,622,468.43 1,857,305.03 5,479,773.46 448,918,857.74 4,445,428.53
10-Aug-09 4,713,202.50 472,167,184.80 3,615,742.53 1,842,437.81 5,458,180.34 445,303,115.21 4,433,362.89
10-Sep-09 4,687,563.76 469,417,473.86 3,593,796.15 1,827,598.20 5,421,394.36 441,709,319.06 4,402,430.70
10-Oct-09 28,095,664.94 443,248,376.47 26,442,100.52 1,812,848.66 28,254,949.19 415,267,218.53 26,687,075.19
10-Nov-09 22,329,164.90 422,738,376.79 20,894,277.18 1,704,325.88 22,598,603.06 394,372,941.35 21,248,079.41
10-Dec-09 81,063,614.99 343,409,750.55 78,079,441.87 1,618,572.28 79,698,014.15 316,293,499.48 76,827,119.23
10-Jan-10 217,511,101.94 127,308,059.46 210,897,887.26 1,298,121.24 212,196,008.50 105,395,612.22 205,763,912.72
10-Feb-10 41,491,120.77 86,339,432.18 40,531,515.20 432,561.16 40,964,076.36 64,864,097.01 40,081,155.85
10-Mar-10 4,325,665.31 82,368,118.29 4,577,340.61 266,213.06 4,843,553.67 60,286,756.41 5,149,930.84
10-Apr-10 82,706,170.77 0.00 60,286,756.41 247,426.90 60,534,183.30 0.00 38,650,638.83
10-May-10 0.00 0.00 0.00 0.00 0.00 0.00 0.00
O cpy, 5 cdr, 35% sev, 24 mth lag O cpy, 10 cdr, 35% sev, 24 mth lag
INTEREST CASHFLOW BALANCE PRINCIPAL INTEREST CASHFLOW BALANCE
- --------- ------------ -------------- -------------- -------------- ------------ -------------- --------------
10-Apr-05 0.00 0.00 555,000,000.00 0.00 0.00 0.00 555,000,000.00
10-May-05 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Jun-05 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Jul-05 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Aug-05 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Sep-05 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Oct-05 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Nov-05 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Dec-05 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Jan-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Feb-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Mar-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Apr-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-May-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Jun-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Jul-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Aug-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Sep-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Oct-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Nov-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Dec-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Jan-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Feb-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Mar-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Apr-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-May-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Jun-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Jul-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Aug-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Sep-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Oct-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Nov-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Dec-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Jan-08 2,277,812.50 48,863,013.68 508,414,798.82 93,787,174.05 2,277,812.50 96,064,986.55 461,212,825.95
10-Feb-08 2,086,619.07 7,105,556.91 503,395,860.97 9,875,217.62 1,892,894.31 11,768,111.93 451,337,608.33
10-Mar-08 2,066,020.51 7,036,705.91 498,425,175.58 9,735,029.91 1,852,364.77 11,587,394.68 441,602,578.41
10-Apr-08 2,045,619.99 6,998,746.70 493,472,048.87 9,657,132.13 1,812,410.58 11,469,542.71 431,945,446.28
10-May-08 2,025,291.53 6,935,019.13 488,562,321.28 9,528,197.44 1,772,776.10 11,300,973.55 422,417,248.84
10-Jun-08 2,005,141.19 6,891,641.72 483,675,820.75 9,440,268.95 1,733,670.79 11,173,939.74 412,976,979.89
10-Jul-08 1,985,086.18 6,829,424.15 478,831,482.78 9,315,301.01 1,694,926.35 11,010,227.36 403,661,678.89
10-Aug-08 1,965,204.21 6,784,948.23 474,011,738.76 9,225,973.83 1,656,694.81 10,882,668.64 394,435,705.06
10-Sep-08 1,945,423.18 6,733,271.51 469,223,890.42 9,122,794.56 1,618,829.87 10,741,624.43 385,312,910.50
10-Oct-08 1,925,773.05 6,668,913.33 464,480,750.15 8,994,997.34 1,581,388.40 10,576,385.75 376,317,913.15
10-Nov-08 1,906,306.41 6,629,966.20 459,757,090.35 8,917,714.93 1,544,471.44 10,462,186.36 367,400,198.23
10-Dec-08 1,886,919.72 6,564,849.15 455,079,160.93 8,789,338.99 1,507,871.65 10,297,210.64 358,610,859.23
10-Jan-09 1,867,720.72 6,527,866.51 450,419,015.14 8,716,592.15 1,471,798.73 10,188,390.88 349,894,267.09
10-Feb-09 1,848,594.71 6,472,384.37 445,795,225.48 8,607,975.26 1,436,024.39 10,043,999.64 341,286,291.83
10-Mar-09 1,829,617.90 6,371,265.19 441,253,578.19 8,410,643.75 1,400,695.82 9,811,339.57 332,875,648.08
10-Apr-09 1,810,978.23 6,369,927.63 436,694,628.79 8,408,308.39 1,366,177.14 9,774,485.53 324,467,339.69
10-May-09 1,792,267.54 6,301,772.93 432,185,123.40 8,276,243.83 1,331,668.04 9,607,911.87 316,191,095.86
10-Jun-09 1,773,759.78 6,269,748.99 427,689,134.18 8,214,713.31 1,297,700.96 9,512,414.26 307,976,382.56
10-Jul-09 1,755,307.49 6,200,736.02 423,243,705.65 8,081,873.94 1,263,986.40 9,345,860.35 299,894,508.62
10-Aug-09 1,737,062.71 6,170,425.60 418,810,342.76 8,024,241.68 1,230,817.05 9,255,058.73 291,870,266.93
10-Sep-09 1,718,867.45 6,121,298.15 414,407,912.06 7,930,629.13 1,197,884.22 9,128,513.35 283,939,637.80
10-Oct-09 1,700,799.14 28,387,874.33 387,720,836.87 27,509,074.53 1,165,335.60 28,674,410.12 256,430,563.27
10-Nov-09 1,591,270.93 22,839,350.34 366,472,757.47 22,579,805.71 1,052,433.77 23,632,239.48 233,850,757.56
10-Dec-09 1,504,065.28 78,331,184.50 289,645,638.24 70,533,488.00 959,762.48 71,493,250.48 163,317,269.57
10-Jan-10 1,188,753.97 206,952,666.70 83,881,725.52 163,317,269.57 670,281.29 163,987,550.86 0.00
10-Feb-10 344,264.58 40,425,420.43 43,800,569.67 0.00 0.00 0.00 0.00
10-Mar-10 179,764.84 5,329,695.68 38,650,638.83 0.00 0.00 0.00 0.00
10-Apr-10 158,628.66 38,809,267.49 0.00 0.00 0.00 0.00 0.00
10-May-10 0.00 0.00 0.00 0.00 0.00 0.00 0.00
BACM 2005-1 Banc of America Securities
A-4
Period Payment Date Beg Balance Principal Payment Interest Due Interest Payment
- ------ ------------ -------------- ----------------- ------------ ----------------
1 05/10/2005 343,141,000.00 0.00 1,395,565.86 1,395,565.86
2 06/10/2005 343,141,000.00 0.00 1,439,468.28 1,439,468.28
3 07/10/2005 343,141,000.00 0.00 1,395,587.90 1,395,587.90
4 08/10/2005 343,141,000.00 0.00 1,439,487.52 1,439,487.52
5 09/10/2005 343,141,000.00 0.00 1,439,497.88 1,439,497.88
6 10/10/2005 343,141,000.00 0.00 1,395,621.56 1,395,621.56
7 11/10/2005 343,141,000.00 0.00 1,439,517.03 1,439,517.03
8 12/10/2005 343,141,000.00 0.00 1,395,643.53 1,395,643.53
9 01/10/2006 343,141,000.00 0.00 1,395,653.86 1,395,653.86
10 02/10/2006 343,141,000.00 0.00 1,395,665.47 1,395,665.47
11 03/10/2006 343,141,000.00 0.00 1,396,885.83 1,396,885.83
12 04/10/2006 343,141,000.00 0.00 1,440,828.75 1,440,828.75
13 05/10/2006 343,141,000.00 0.00 1,396,921.67 1,396,921.67
14 06/10/2006 343,141,000.00 0.00 1,440,846.68 1,440,846.68
15 07/10/2006 343,141,000.00 0.00 1,396,942.69 1,396,942.69
16 08/10/2006 343,141,000.00 0.00 1,440,864.51 1,440,864.51
17 09/10/2006 343,141,000.00 0.00 1,440,874.21 1,440,874.21
18 10/10/2006 343,141,000.00 0.00 1,396,974.81 1,396,974.81
19 11/10/2006 343,141,000.00 0.00 1,440,891.92 1,440,891.92
20 12/10/2006 343,141,000.00 0.00 1,396,990.20 1,396,990.20
21 01/10/2007 343,141,000.00 0.00 1,396,992.93 1,396,992.93
22 02/10/2007 343,141,000.00 0.00 1,396,994.17 1,396,994.17
23 03/10/2007 343,141,000.00 0.00 1,397,081.80 1,397,081.80
24 04/10/2007 343,141,000.00 0.00 1,440,879.25 1,440,879.25
25 05/10/2007 343,141,000.00 0.00 1,396,979.64 1,396,979.64
26 06/10/2007 343,141,000.00 0.00 1,440,858.98 1,440,858.98
27 07/10/2007 343,141,000.00 0.00 1,396,964.87 1,396,964.87
28 08/10/2007 343,141,000.00 0.00 1,440,837.49 1,440,837.49
29 09/10/2007 343,141,000.00 0.00 1,440,828.75 1,440,828.75
30 10/10/2007 343,141,000.00 0.00 1,396,943.79 1,396,943.79
31 11/10/2007 343,141,000.00 0.00 1,440,806.40 1,440,806.40
32 12/10/2007 343,141,000.00 0.00 1,396,927.79 1,396,927.79
33 01/10/2008 343,141,000.00 0.00 1,440,783.46 1,440,783.46
34 02/10/2008 343,141,000.00 0.00 1,429,977.78 1,429,977.78
35 03/10/2008 343,141,000.00 0.00 1,429,973.21 1,429,973.21
36 04/10/2008 343,141,000.00 0.00 1,474,504.16 1,474,504.16
37 05/10/2008 343,141,000.00 0.00 1,429,844.12 1,429,844.12
38 06/10/2008 343,141,000.00 0.00 1,474,408.07 1,474,408.07
39 07/10/2008 343,141,000.00 0.00 1,429,759.29 1,429,759.29
40 08/10/2008 343,141,000.00 0.00 1,474,312.96 1,474,312.96
41 09/10/2008 343,141,000.00 0.00 1,474,267.75 1,474,267.75
42 10/10/2008 343,141,000.00 0.00 1,429,632.68 1,429,632.68
43 11/10/2008 343,141,000.00 0.00 1,474,170.80 1,474,170.80
44 12/10/2008 343,141,000.00 0.00 1,429,545.26 1,429,545.26
45 01/10/2009 343,141,000.00 0.00 1,429,498.59 1,429,498.59
46 02/10/2009 343,141,000.00 0.00 1,429,456.69 1,429,456.69
47 03/10/2009 343,141,000.00 0.00 1,429,544.98 1,429,544.98
48 04/10/2009 343,141,000.00 0.00 1,473,919.55 1,473,919.55
49 05/10/2009 343,141,000.00 0.00 1,429,321.54 1,429,321.54
50 06/10/2009 343,141,000.00 0.00 1,473,822.67 1,473,822.67
51 07/10/2009 343,141,000.00 0.00 1,429,234.75 1,429,234.75
52 08/10/2009 343,141,000.00 0.00 1,473,724.49 1,473,724.49
53 09/10/2009 343,141,000.00 0.00 1,473,677.60 1,473,677.60
54 10/10/2009 343,141,000.00 0.00 1,429,104.78 1,429,104.78
55 11/10/2009 343,141,000.00 0.00 1,473,952.87 1,473,952.87
56 12/10/2009 343,141,000.00 0.00 1,429,163.22 1,429,163.22
57 01/10/2010 343,141,000.00 0.00 1,439,938.64 1,439,938.64
58 02/10/2010 343,141,000.00 0.00 1,460,504.16 1,460,504.16
59 03/10/2010 343,141,000.00 0.00 1,467,667.92 1,467,667.92
60 04/10/2010 343,141,000.00 0.00 1,511,271.07 1,511,271.07
61 05/10/2010 343,141,000.00 0.00 1,472,095.43 1,472,095.43
62 06/10/2010 343,141,000.00 0.00 1,522,289.60 1,522,289.60
63 07/10/2010 343,141,000.00 0.00 1,472,077.06 1,472,077.06
64 08/10/2010 343,141,000.00 0.00 1,522,270.45 1,522,270.45
65 09/10/2010 343,141,000.00 0.00 1,522,261.24 1,522,261.24
66 10/10/2010 343,141,000.00 0.00 1,472,049.37 1,472,049.37
67 11/10/2010 343,141,000.00 0.00 1,522,241.56 1,522,241.56
68 12/10/2010 343,141,000.00 0.00 1,472,030.14 1,472,030.14
69 01/10/2011 343,141,000.00 0.00 1,472,019.90 1,472,019.90
70 02/10/2011 343,141,000.00 0.00 1,472,010.56 1,472,010.56
71 03/10/2011 343,141,000.00 0.00 1,472,207.99 1,472,207.99
72 04/10/2011 343,141,000.00 0.00 1,522,189.20 1,522,189.20
73 05/10/2011 343,141,000.00 0.00 1,471,979.00 1,471,979.00
74 06/10/2011 343,141,000.00 0.00 1,522,168.16 1,522,168.16
75 07/10/2011 343,141,000.00 0.00 1,471,958.45 1,471,958.45
76 08/10/2011 343,141,000.00 0.00 1,522,146.72 1,522,146.72
77 09/10/2011 343,141,000.00 0.00 1,522,136.36 1,522,136.36
78 10/10/2011 343,141,000.00 0.00 1,471,927.39 1,471,927.39
79 11/10/2011 343,141,000.00 0.00 1,522,114.32 1,522,114.32
80 12/10/2011 343,141,000.00 0.00 1,471,905.86 1,471,905.86
81 01/10/2012 343,141,000.00 126,263,289.45 1,522,091.86 1,522,091.86
82 02/10/2012 216,877,710.55 116,671,240.80 934,820.70 934,820.70
83 03/10/2012 100,206,469.75 63,928,110.58 434,960.37 434,960.37
84 04/10/2012 36,278,359.17 36,278,359.17 161,784.05 161,784.05
Period Interest Short Expense Total Payment End Balance Coupon Paid
- ------ -------------- ------- -------------- -------------- -----------
1 0.00 0.00 1,395,565.86 343,141,000.00 4.8804%
2 0.00 0.00 1,439,468.28 343,141,000.00 5.0340%
3 0.00 0.00 1,395,587.90 343,141,000.00 4.8805%
4 0.00 0.00 1,439,487.52 343,141,000.00 5.0340%
5 0.00 0.00 1,439,497.88 343,141,000.00 5.0341%
6 0.00 0.00 1,395,621.56 343,141,000.00 4.8806%
7 0.00 0.00 1,439,517.03 343,141,000.00 5.0341%
8 0.00 0.00 1,395,643.53 343,141,000.00 4.8807%
9 0.00 0.00 1,395,653.86 343,141,000.00 4.8807%
10 0.00 0.00 1,395,665.47 343,141,000.00 4.8808%
11 0.00 0.00 1,396,885.83 343,141,000.00 4.8851%
12 0.00 0.00 1,440,828.75 343,141,000.00 5.0387%
13 0.00 0.00 1,396,921.67 343,141,000.00 4.8852%
14 0.00 0.00 1,440,846.68 343,141,000.00 5.0388%
15 0.00 0.00 1,396,942.69 343,141,000.00 4.8853%
16 0.00 0.00 1,440,864.51 343,141,000.00 5.0389%
17 0.00 0.00 1,440,874.21 343,141,000.00 5.0389%
18 0.00 0.00 1,396,974.81 343,141,000.00 4.8854%
19 0.00 0.00 1,440,891.92 343,141,000.00 5.0389%
20 0.00 0.00 1,396,990.20 343,141,000.00 4.8854%
21 0.00 0.00 1,396,992.93 343,141,000.00 4.8854%
22 0.00 0.00 1,396,994.17 343,141,000.00 4.8854%
23 0.00 0.00 1,397,081.80 343,141,000.00 4.8857%
24 0.00 0.00 1,440,879.25 343,141,000.00 5.0389%
25 0.00 0.00 1,396,979.64 343,141,000.00 4.8854%
26 0.00 0.00 1,440,858.98 343,141,000.00 5.0388%
27 0.00 0.00 1,396,964.87 343,141,000.00 4.8853%
28 0.00 0.00 1,440,837.49 343,141,000.00 5.0388%
29 0.00 0.00 1,440,828.75 343,141,000.00 5.0387%
30 0.00 0.00 1,396,943.79 343,141,000.00 4.8853%
31 0.00 0.00 1,440,806.40 343,141,000.00 5.0387%
32 0.00 0.00 1,396,927.79 343,141,000.00 4.8852%
33 0.00 0.00 1,440,783.46 343,141,000.00 5.0386%
34 0.00 0.00 1,429,977.78 343,141,000.00 5.0008%
35 0.00 0.00 1,429,973.21 343,141,000.00 5.0008%
36 0.00 0.00 1,474,504.16 343,141,000.00 5.1565%
37 0.00 0.00 1,429,844.12 343,141,000.00 5.0003%
38 0.00 0.00 1,474,408.07 343,141,000.00 5.1562%
39 0.00 0.00 1,429,759.29 343,141,000.00 5.0000%
40 0.00 0.00 1,474,312.96 343,141,000.00 5.1558%
41 0.00 0.00 1,474,267.75 343,141,000.00 5.1557%
42 0.00 0.00 1,429,632.68 343,141,000.00 4.9996%
43 0.00 0.00 1,474,170.80 343,141,000.00 5.1553%
44 0.00 0.00 1,429,545.26 343,141,000.00 4.9993%
45 0.00 0.00 1,429,498.59 343,141,000.00 4.9991%
46 0.00 0.00 1,429,456.69 343,141,000.00 4.9990%
47 0.00 0.00 1,429,544.98 343,141,000.00 4.9993%
48 0.00 0.00 1,473,919.55 343,141,000.00 5.1545%
49 0.00 0.00 1,429,321.54 343,141,000.00 4.9985%
50 0.00 0.00 1,473,822.67 343,141,000.00 5.1541%
51 0.00 0.00 1,429,234.75 343,141,000.00 4.9982%
52 0.00 0.00 1,473,724.49 343,141,000.00 5.1538%
53 0.00 0.00 1,473,677.60 343,141,000.00 5.1536%
54 0.00 0.00 1,429,104.78 343,141,000.00 4.9977%
55 0.00 0.00 1,473,952.87 343,141,000.00 5.1546%
56 0.00 0.00 1,429,163.22 343,141,000.00 4.9979%
57 0.00 0.00 1,439,938.64 343,141,000.00 5.0356%
58 0.00 0.00 1,460,504.16 343,141,000.00 5.1075%
59 0.00 0.00 1,467,667.92 343,141,000.00 5.1326%
60 0.00 0.00 1,511,271.07 343,141,000.00 5.2851%
61 0.00 0.00 1,472,095.43 343,141,000.00 5.1481%
62 0.00 0.00 1,522,289.60 343,141,000.00 5.3236%
63 0.00 0.00 1,472,077.06 343,141,000.00 5.1480%
64 0.00 0.00 1,522,270.45 343,141,000.00 5.3235%
65 0.00 0.00 1,522,261.24 343,141,000.00 5.3235%
66 0.00 0.00 1,472,049.37 343,141,000.00 5.1479%
67 0.00 0.00 1,522,241.56 343,141,000.00 5.3234%
68 0.00 0.00 1,472,030.14 343,141,000.00 5.1478%
69 0.00 0.00 1,472,019.90 343,141,000.00 5.1478%
70 0.00 0.00 1,472,010.56 343,141,000.00 5.1478%
71 0.00 0.00 1,472,207.99 343,141,000.00 5.1485%
72 0.00 0.00 1,522,189.20 343,141,000.00 5.3233%
73 0.00 0.00 1,471,979.00 343,141,000.00 5.1477%
74 0.00 0.00 1,522,168.16 343,141,000.00 5.3232%
75 0.00 0.00 1,471,958.45 343,141,000.00 5.1476%
76 0.00 0.00 1,522,146.72 343,141,000.00 5.3231%
77 0.00 0.00 1,522,136.36 343,141,000.00 5.3231%
78 0.00 0.00 1,471,927.39 343,141,000.00 5.1475%
79 0.00 0.00 1,522,114.32 343,141,000.00 5.3230%
80 0.00 0.00 1,471,905.86 343,141,000.00 5.1474%
81 0.00 0.00 127,785,381.32 216,877,710.55 5.3229%
82 0.00 0.00 117,606,061.50 100,206,469.75 5.1724%
83 0.00 0.00 64,363,070.95 36,278,359.17 5.2088%
84 0.00 0.00 36,440,143.22 0.00 5.3514%
This Structural Term Sheet, Collateral Term Sheet, or Computational Materials,
as appropriate (the 'material'), is for your private information and Banc of
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Base Case (0 cpr, 0 cdr) 0 cpy, 1 cdr, 35% sev, 24 mth lag
PRINCIPAL INTEREST CASHFLOW BALANCE PRINCIPAL INTEREST CASHFLOW
- -------------- -------------- ---------- -------------- -------------- -------------- ---------- --------------
10-Apr-05 0.00 0.00 0.00 185,100,000.00 0.00 0.00 0.00
10-May-05 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Jun-05 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Jul-05 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Aug-05 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Sep-05 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Oct-05 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Nov-05 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Dec-05 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Jan-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Feb-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Mar-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Apr-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-May-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Jun-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Jul-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Aug-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Sep-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Oct-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Nov-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Dec-06 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Jan-07 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Feb-07 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Mar-07 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Apr-07 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-May-07 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Jun-07 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Jul-07 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Aug-07 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75
10-Sep-07 0.00 724,203.75 724,203.75 185,100,000.00 1,150,359.36 724,203.75 1,874,563.11
10-Oct-07 0.00 724,203.75 724,203.75 185,100,000.00 2,877,291.62 719,702.97 3,596,994.59
10-Nov-07 0.00 724,203.75 724,203.75 185,100,000.00 2,705,057.27 708,445.57 3,413,502.84
10-Dec-07 0.00 724,203.75 724,203.75 185,100,000.00 2,884,308.63 697,862.03 3,582,170.65
10-Jan-08 185,100,000.00 724,203.75 185,824,203.75 0.00 175,482,983.12 686,577.17 176,169,560.30
10-Feb-08 0.00 0.00 0.00 0.00 0.00 0.00 0.00
O cpy, 2 cdr, 35% sev, 24 mth lag
BALANCE PRINCIPAL INTEREST CASHFLOW BALANCE PRINCIPAL INTEREST
- -------------- -------------- -------------- ---------- -------------- -------------- -------------- ----------
10-Apr-05 185,100,000.00 0.00 0.00 0.00 185,100,000.00 0.00 0.00
10-May-05 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Jun-05 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Jul-05 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Aug-05 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Sep-05 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Oct-05 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Nov-05 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Dec-05 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Jan-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Feb-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Mar-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Apr-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-May-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Jun-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Jul-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Aug-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Sep-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Oct-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Nov-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Dec-06 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Jan-07 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Feb-07 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Mar-07 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Apr-07 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-May-07 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Jun-07 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75
10-Jul-07 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 2,730,531.46 724,203.75
10-Aug-07 185,100,000.00 3,072,352.89 724,203.75 3,796,556.64 182,027,647.11 4,992,661.60 713,520.55
10-Sep-07 183,949,640.64 3,839,067.64 712,183.17 4,551,250.81 178,188,579.47 4,983,678.51 693,986.76
10-Oct-07 181,072,349.02 4,012,900.44 697,162.82 4,710,063.26 174,175,679.04 5,149,388.17 674,488.11
10-Nov-07 178,367,291.75 3,836,190.01 681,462.34 4,517,652.36 170,339,489.02 4,966,244.73 654,341.13
10-Dec-07 175,482,983.12 4,009,003.60 666,453.25 4,675,456.85 166,330,485.42 5,130,670.78 634,910.70
10-Jan-08 0.00 166,330,485.42 650,768.02 166,981,253.44 0.00 157,146,824.76 614,836.95
10-Feb-08 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0 cpy, 3 cdr, 35% sev, 24 mth lag 0 cpy, 4 cdr, 35% sev, 24 mth lag
CASHFLOW BALANCE PRINCIPAL INTEREST CASHFLOW BALANCE PRINCIPAL
- -------------- -------------- -------------- -------------- ---------- -------------- -------------- --------------
10-Apr-05 0.00 185,100,000.00 0.00 0.00 0.00 185,100,000.00 0.00
10-May-05 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Jun-05 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Jul-05 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Aug-05 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Sep-05 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Oct-05 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Nov-05 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Dec-05 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Jan-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Feb-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Mar-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Apr-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-May-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Jun-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Jul-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Aug-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Sep-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Oct-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Nov-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Dec-06 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Jan-07 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Feb-07 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Mar-07 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Apr-07 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-May-07 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 0.00
10-Jun-07 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00 2,294,034.81
10-Jul-07 3,454,735.21 182,369,468.54 6,256,680.31 724,203.75 6,980,884.06 178,843,319.69 7,516,449.88
10-Aug-07 5,706,182.14 177,376,806.94 6,149,425.64 699,724.49 6,849,150.13 172,693,894.05 7,311,165.62
10-Sep-07 5,677,665.26 172,393,128.43 6,131,169.55 675,664.86 6,806,834.41 166,562,724.50 7,281,560.21
10-Oct-07 5,823,876.28 167,243,740.27 6,286,738.54 651,676.66 6,938,415.20 160,275,985.96 7,424,934.36
10-Nov-07 5,620,585.86 162,277,495.54 6,095,175.00 627,079.80 6,722,254.79 154,180,810.97 7,222,932.75
10-Dec-07 5,765,581.49 157,146,824.76 6,249,238.79 603,232.42 6,852,471.22 147,931,572.18 7,364,634.07
10-Jan-08 157,761,661.71 0.00 147,931,572.18 578,782.28 148,510,354.45 0.00 138,684,288.28
10-Feb-08 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0 cpy, 5 cdr, 35% sev, 24 mth lag 0 cpy, 10 cdr, 35% sev, 24 mth lag
INTEREST CASHFLOW BALANCE PRINCIPAL INTEREST CASHFLOW BALANCE
- -------------- ---------- -------------- -------------- ------------- ---------- ------------- --------------
10-Apr-05 0.00 0.00 185,100,000.00 0.00 0.00 0.00 185,100,000.00
10-May-05 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Jun-05 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Jul-05 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Aug-05 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Sep-05 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Oct-05 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Nov-05 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Dec-05 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Jan-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Feb-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Mar-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Apr-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-May-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Jun-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Jul-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Aug-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Sep-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Oct-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Nov-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Dec-06 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Jan-07 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Feb-07 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Mar-07 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-Apr-07 724,203.75 724,203.75 185,100,000.00 0.00 724,203.75 724,203.75 185,100,000.00
10-May-07 724,203.75 724,203.75 185,100,000.00 1,083,573.40 724,203.75 1,807,777.15 184,016,426.60
10-Jun-07 724,203.75 3,018,238.56 182,805,965.19 13,438,509.98 719,964.27 14,158,474.25 170,577,916.62
10-Jul-07 715,228.34 8,231,678.22 175,289,515.30 13,490,696.63 667,386.10 14,158,082.73 157,087,219.99
10-Aug-07 685,820.23 7,996,985.85 167,978,349.68 13,196,757.80 614,603.75 13,811,361.55 143,890,462.19
10-Sep-07 657,215.29 7,938,775.51 160,696,789.47 13,077,690.51 562,971.43 13,640,661.94 130,812,771.68
10-Oct-07 628,726.19 8,053,660.55 153,271,855.10 13,127,923.05 511,804.97 13,639,728.02 117,684,848.63
10-Nov-07 599,676.13 7,822,608.88 146,048,922.35 12,842,326.14 460,441.97 13,302,768.11 104,842,522.49
10-Dec-07 571,416.41 7,936,050.48 138,684,288.28 12,891,281.12 410,196.37 13,301,477.49 91,951,241.37
10-Jan-08 542,602.28 139,226,890.56 0.00 91,951,241.37 359,759.23 92,311,000.61 0.00
10-Feb-08 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Base Case (0 cpr, 0 cdr) O cpy, 1 cdr, 35% sev, 24 mth lag
PRINCIPAL INTEREST CASHFLOW BALANCE PRINCIPAL INTEREST CASHFLOW
- --------- -------------- ------------ -------------- -------------- -------------- ------------ --------------
10-Apr-05 0.00 0.00 0.00 555,000,000.00 0.00 0.00 0.00
10-May-05 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Jun-05 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Jul-05 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Aug-05 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Sep-05 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Oct-05 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Nov-05 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Dec-05 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Jan-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Feb-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Mar-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Apr-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-May-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Jun-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Jul-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Aug-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Sep-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Oct-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Nov-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Dec-06 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Jan-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Feb-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Mar-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Apr-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-May-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Jun-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Jul-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Aug-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Sep-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Oct-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Nov-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Dec-07 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50
10-Jan-08 0.20 2,277,812.50 2,277,812.70 554,999,999.80 9,269,601.28 2,277,812.50 11,547,413.78
10-Feb-08 0.01 2,277,812.50 2,277,812.51 554,999,999.79 1,016,205.68 2,239,768.51 3,255,974.19
10-Mar-08 0.01 2,277,812.50 2,277,812.51 554,999,999.78 1,009,998.78 2,235,597.83 3,245,596.61
10-Apr-08 0.01 2,277,812.50 2,277,812.51 554,999,999.77 1,009,887.58 2,231,452.63 3,241,340.21
10-May-08 0.01 2,277,812.50 2,277,812.51 554,999,999.75 1,004,584.70 2,227,307.88 3,231,892.58
10-Jun-08 0.01 2,277,812.50 2,277,812.50 554,999,999.75 1,003,290.77 2,223,184.90 3,226,475.68
10-Jul-08 0.01 2,277,812.50 2,277,812.51 554,999,999.73 998,170.62 2,219,067.23 3,217,237.85
10-Aug-08 0.01 2,277,812.50 2,277,812.51 554,999,999.73 996,550.15 2,214,970.57 3,211,520.72
10-Sep-08 0.01 2,277,812.50 2,277,812.51 554,999,999.71 993,435.50 2,210,880.56 3,204,316.06
10-Oct-08 0.01 2,277,812.50 2,277,812.51 554,999,999.70 987,703.90 2,206,803.34 3,194,507.23
10-Nov-08 0.01 2,277,812.50 2,277,812.51 554,999,999.69 987,037.38 2,202,749.64 3,189,787.02
10-Dec-08 0.01 2,277,812.50 2,277,812.51 554,999,999.68 981,033.89 2,198,698.67 3,179,732.56
10-Jan-09 0.01 2,277,812.50 2,277,812.51 554,999,999.67 980,664.29 2,194,672.34 3,175,336.64
10-Feb-09 0.01 2,277,812.50 2,277,812.51 554,999,999.65 976,502.52 2,190,647.53 3,167,150.05
10-Mar-09 0.01 2,277,812.50 2,277,812.51 554,999,999.65 962,978.52 2,186,639.80 3,149,618.32
10-Apr-09 0.01 2,277,812.50 2,277,812.51 554,999,999.63 969,676.37 2,182,687.58 3,152,363.95
10-May-09 0.00 2,277,812.50 2,277,812.50 554,999,999.63 962,746.94 2,178,707.87 3,141,454.81
10-Jun-09 0.01 2,277,812.50 2,277,812.51 554,999,999.61 963,131.06 2,174,756.59 3,137,887.65
10-Jul-09 0.01 2,277,812.50 2,277,812.51 554,999,999.60 955,904.56 2,170,803.74 3,126,708.30
10-Aug-09 0.01 2,277,812.50 2,277,812.51 554,999,999.59 956,542.11 2,166,880.55 3,123,422.66
10-Sep-09 0.01 2,277,812.50 2,277,812.51 554,999,999.57 953,286.25 2,162,954.74 3,116,240.99
10-Oct-09 25,176,928.77 2,277,812.50 27,454,741.27 529,823,070.80 25,537,009.29 2,159,042.30 27,696,051.59
10-Nov-09 19,168,657.51 2,174,482.19 21,343,139.70 510,654,413.29 19,647,755.17 2,054,234.15 21,701,989.33
10-Dec-09 83,053,022.88 2,095,810.82 85,148,833.70 427,601,390.41 81,815,850.38 1,973,596.49 83,789,446.87
10-Jan-10 232,133,266.41 1,754,947.37 233,888,213.78 195,468,124.00 226,719,265.04 1,637,810.61 228,357,075.64
10-Feb-10 42,195,348.26 802,233.76 42,997,582.02 153,272,775.75 41,801,059.12 707,316.96 42,508,376.08
10-Mar-10 1,945,253.98 629,057.02 2,574,311.00 151,327,521.76 2,656,009.57 535,758.44 3,191,768.01
10-Apr-10 151,327,521.76 621,073.37 151,948,595.13 0.00 127,884,118.58 524,857.74 128,408,976.32
10-May-10 0.00 0.00 0.00 0.00 0.00 0.00 0.00
O cpy, 2 cdr, 35% sev, 24 mth lag
BALANCE PRINCIPAL INTEREST CASHFLOW BALANCE PRINCIPAL INTEREST
- --------- -------------- -------------- ------------ -------------- -------------- -------------- ------------
10-Apr-05 555,000,000.00 0.00 0.00 0.00 555,000,000.00 0.00 0.00
10-May-05 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Jun-05 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Jul-05 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Aug-05 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Sep-05 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Oct-05 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Nov-05 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Dec-05 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Jan-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Feb-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Mar-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Apr-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-May-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Jun-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Jul-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Aug-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Sep-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Oct-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Nov-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Dec-06 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Jan-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Feb-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Mar-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Apr-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-May-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Jun-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Jul-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Aug-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Sep-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Oct-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Nov-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Dec-07 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50
10-Jan-08 545,730,398.72 18,562,619.47 2,277,812.50 20,840,431.97 536,437,380.53 27,879,353.73 2,277,812.50
10-Feb-08 544,714,193.05 2,026,296.43 2,201,628.42 4,227,924.85 534,411,084.10 3,030,179.31 2,163,390.99
10-Mar-08 543,704,194.27 2,012,169.31 2,193,312.16 4,205,481.47 532,398,914.79 3,006,410.19 2,150,954.62
10-Apr-08 542,694,306.69 2,010,250.51 2,185,053.88 4,195,304.39 530,388,664.27 3,000,983.47 2,138,615.82
10-May-08 541,689,721.99 1,997,955.69 2,176,803.48 4,174,759.17 528,390,708.58 2,980,008.14 2,126,299.28
10-Jun-08 540,686,431.21 1,993,687.10 2,168,603.53 4,162,290.63 526,397,021.49 2,971,088.99 2,114,068.83
10-Jul-08 539,688,260.60 1,981,781.17 2,160,421.11 4,142,202.28 524,415,240.31 2,950,740.95 2,101,874.99
10-Aug-08 538,691,710.45 1,976,877.37 2,152,287.55 4,129,164.92 522,438,362.95 2,940,904.45 2,089,764.65
10-Sep-08 537,698,274.95 1,968,997.80 2,144,174.11 4,113,171.92 520,469,365.14 2,926,627.52 2,077,694.69
10-Oct-08 536,710,571.05 1,955,907.27 2,136,093.02 4,092,000.29 518,513,457.87 2,904,572.83 2,065,683.32
10-Nov-08 535,723,533.67 1,952,933.07 2,128,065.65 4,080,998.72 516,560,524.81 2,897,675.92 2,053,762.47
10-Dec-08 534,742,499.78 1,939,324.14 2,120,050.49 4,059,374.63 514,621,200.67 2,874,890.05 2,041,869.93
10-Jan-09 533,761,835.48 1,936,956.76 2,112,091.18 4,049,047.94 512,684,243.90 2,868,931.12 2,030,070.90
10-Feb-09 532,785,332.96 1,927,039.73 2,104,141.58 4,031,181.31 510,757,204.17 2,851,703.92 2,018,296.33
10-Mar-09 531,822,354.45 1,898,496.68 2,096,232.69 3,994,729.38 508,858,707.49 2,806,689.43 2,006,592.46
10-Apr-09 530,852,678.08 1,910,227.12 2,088,440.95 3,998,668.07 506,948,480.37 2,821,833.62 1,995,073.34
10-May-09 529,889,931.14 1,894,838.03 2,080,601.05 3,975,439.08 505,053,642.34 2,796,505.09 1,983,492.06
10-Jun-09 528,926,800.08 1,894,008.12 2,072,824.32 3,966,832.45 503,159,634.22 2,792,917.46 1,972,014.74
10-Jul-09 527,970,895.52 1,878,054.17 2,065,051.00 3,943,105.17 501,281,580.05 2,766,793.26 1,960,552.14
10-Aug-09 527,014,353.41 1,877,741.82 2,057,343.15 3,935,084.97 499,403,838.23 2,764,005.74 1,949,196.76
10-Sep-09 526,061,067.16 1,869,699.05 2,049,636.59 3,919,335.64 497,534,139.17 2,749,710.94 1,937,852.82
10-Oct-09 500,524,057.87 25,867,566.41 2,041,963.03 27,909,529.44 471,666,572.76 26,169,097.39 1,926,567.55
10-Nov-09 480,876,302.69 20,094,680.87 1,935,798.23 22,030,479.09 451,571,891.89 20,509,999.68 1,819,165.21
10-Dec-09 399,060,452.31 80,574,240.13 1,853,326.31 82,427,566.44 370,997,651.76 79,328,626.24 1,734,988.75
10-Jan-10 172,341,187.27 221,375,444.62 1,522,636.20 222,898,080.81 149,622,207.15 216,101,691.09 1,409,410.85
10-Feb-10 130,540,128.15 41,391,980.00 614,074.48 42,006,054.47 108,230,227.15 40,968,627.28 522,493.49
10-Mar-10 127,884,118.58 3,331,116.06 444,194.89 3,775,310.95 104,899,111.08 3,971,313.89 354,351.42
10-Apr-10 0.00 104,899,111.08 430,523.44 105,329,634.52 0.00 82,368,118.29 338,052.49
10-May-10 0.00 0.00 0.00 0.00 0.00 0.00 0.00
O cpy, 3 cdr, 35% sev, 24 mth lag O cpy, 4 cdr, 35% sev, 24 mth lag
CASHFLOW BALANCE PRINCIPAL INTEREST CASHFLOW BALANCE PRINCIPAL
- --------- -------------- -------------- -------------- ------------ -------------- -------------- --------------
10-Apr-05 0.00 555,000,000.00 0.00 0.00 0.00 555,000,000.00 0.00
10-May-05 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Jun-05 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Jul-05 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Aug-05 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Sep-05 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Oct-05 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Nov-05 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Dec-05 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Jan-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Feb-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Mar-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Apr-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-May-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Jun-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Jul-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Aug-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Sep-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Oct-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Nov-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Dec-06 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Jan-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Feb-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Mar-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Apr-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-May-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Jun-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Jul-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Aug-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Sep-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Oct-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Nov-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Dec-07 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00 0.00
10-Jan-08 30,157,166.23 527,120,646.27 37,220,109.95 2,277,812.50 39,497,922.45 517,779,890.05 46,585,201.18
10-Feb-08 5,193,570.30 524,090,466.96 4,027,759.02 2,125,054.97 6,152,813.99 513,752,131.03 5,018,937.84
10-Mar-08 5,157,364.81 521,084,056.77 3,992,617.62 2,108,524.37 6,101,142.00 509,759,513.41 4,970,685.39
10-Apr-08 5,139,599.28 518,083,073.30 3,981,978.85 2,092,138.00 6,074,116.85 505,777,534.56 4,953,126.71
10-May-08 5,106,307.42 515,103,065.16 3,950,635.12 2,075,795.30 6,026,430.42 501,826,899.44 4,909,727.59
10-Jun-08 5,085,157.82 512,131,976.17 3,935,394.68 2,059,581.23 5,994,975.91 497,891,504.76 4,886,500.53
10-Jul-08 5,052,615.94 509,181,235.22 3,904,957.77 2,043,429.72 5,948,387.49 493,986,546.98 4,844,337.97
10-Aug-08 5,030,669.11 506,240,330.76 3,888,553.13 2,027,403.12 5,915,956.25 490,097,993.85 4,819,744.02
10-Sep-08 5,004,322.21 503,313,703.24 3,866,264.60 2,011,443.85 5,877,708.45 486,231,729.25 4,787,848.33
10-Oct-08 4,970,256.15 500,409,130.41 3,833,663.07 1,995,576.06 5,829,239.12 482,398,066.19 4,743,140.28
10-Nov-08 4,951,438.39 497,511,454.49 3,821,255.04 1,979,842.06 5,801,097.11 478,576,811.14 4,723,659.79
10-Dec-08 4,916,759.97 494,636,564.45 3,787,751.58 1,964,159.00 5,751,910.58 474,789,059.56 4,677,929.42
10-Jan-09 4,899,002.02 491,767,633.33 3,776,642.16 1,948,613.43 5,725,255.59 471,012,417.40 4,660,145.79
10-Feb-09 4,870,000.25 488,915,929.41 3,750,588.83 1,933,113.46 5,683,702.29 467,261,828.57 4,623,789.67
10-Mar-09 4,813,281.89 486,109,239.97 3,687,693.46 1,917,720.42 5,605,413.89 463,574,135.11 4,541,647.29
10-Apr-09 4,816,906.96 483,287,406.35 3,704,679.24 1,902,585.51 5,607,264.75 459,869,455.87 4,558,949.40
10-May-09 4,779,997.16 480,490,901.26 3,667,982.14 1,887,380.89 5,555,363.03 456,201,473.73 4,509,505.39
10-Jun-09 4,764,932.20 477,697,983.80 3,660,147.57 1,872,326.88 5,532,474.45 452,541,326.17 4,495,989.21
10-Jul-09 4,727,345.40 474,931,190.54 3,622,468.43 1,857,305.03 5,479,773.46 448,918,857.74 4,445,428.53
10-Aug-09 4,713,202.50 472,167,184.80 3,615,742.53 1,842,437.81 5,458,180.34 445,303,115.21 4,433,362.89
10-Sep-09 4,687,563.76 469,417,473.86 3,593,796.15 1,827,598.20 5,421,394.36 441,709,319.06 4,402,430.70
10-Oct-09 28,095,664.94 443,248,376.47 26,442,100.52 1,812,848.66 28,254,949.19 415,267,218.53 26,687,075.19
10-Nov-09 22,329,164.90 422,738,376.79 20,894,277.18 1,704,325.88 22,598,603.06 394,372,941.35 21,248,079.41
10-Dec-09 81,063,614.99 343,409,750.55 78,079,441.87 1,618,572.28 79,698,014.15 316,293,499.48 76,827,119.23
10-Jan-10 217,511,101.94 127,308,059.46 210,897,887.26 1,298,121.24 212,196,008.50 105,395,612.22 205,763,912.72
10-Feb-10 41,491,120.77 86,339,432.18 40,531,515.20 432,561.16 40,964,076.36 64,864,097.01 40,081,155.85
10-Mar-10 4,325,665.31 82,368,118.29 4,577,340.61 266,213.06 4,843,553.67 60,286,756.41 5,149,930.84
10-Apr-10 82,706,170.77 0.00 60,286,756.41 247,426.90 60,534,183.30 0.00 38,650,638.83
10-May-10 0.00 0.00 0.00 0.00 0.00 0.00 0.00
O cpy, 5 cdr, 35% sev, 24 mth lag O cpy, 10 cdr, 35% sev, 24 mth lag
INTEREST CASHFLOW BALANCE PRINCIPAL INTEREST CASHFLOW BALANCE
- --------- ------------ -------------- -------------- -------------- ------------ -------------- --------------
10-Apr-05 0.00 0.00 555,000,000.00 0.00 0.00 0.00 555,000,000.00
10-May-05 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Jun-05 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Jul-05 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Aug-05 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Sep-05 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Oct-05 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Nov-05 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Dec-05 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Jan-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Feb-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Mar-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Apr-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-May-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Jun-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Jul-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Aug-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Sep-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Oct-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Nov-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Dec-06 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Jan-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Feb-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Mar-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Apr-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-May-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Jun-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Jul-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Aug-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Sep-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Oct-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Nov-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Dec-07 2,277,812.50 2,277,812.50 555,000,000.00 0.00 2,277,812.50 2,277,812.50 555,000,000.00
10-Jan-08 2,277,812.50 48,863,013.68 508,414,798.82 93,787,174.05 2,277,812.50 96,064,986.55 461,212,825.95
10-Feb-08 2,086,619.07 7,105,556.91 503,395,860.97 9,875,217.62 1,892,894.31 11,768,111.93 451,337,608.33
10-Mar-08 2,066,020.51 7,036,705.91 498,425,175.58 9,735,029.91 1,852,364.77 11,587,394.68 441,602,578.41
10-Apr-08 2,045,619.99 6,998,746.70 493,472,048.87 9,657,132.13 1,812,410.58 11,469,542.71 431,945,446.28
10-May-08 2,025,291.53 6,935,019.13 488,562,321.28 9,528,197.44 1,772,776.10 11,300,973.55 422,417,248.84
10-Jun-08 2,005,141.19 6,891,641.72 483,675,820.75 9,440,268.95 1,733,670.79 11,173,939.74 412,976,979.89
10-Jul-08 1,985,086.18 6,829,424.15 478,831,482.78 9,315,301.01 1,694,926.35 11,010,227.36 403,661,678.89
10-Aug-08 1,965,204.21 6,784,948.23 474,011,738.76 9,225,973.83 1,656,694.81 10,882,668.64 394,435,705.06
10-Sep-08 1,945,423.18 6,733,271.51 469,223,890.42 9,122,794.56 1,618,829.87 10,741,624.43 385,312,910.50
10-Oct-08 1,925,773.05 6,668,913.33 464,480,750.15 8,994,997.34 1,581,388.40 10,576,385.75 376,317,913.15
10-Nov-08 1,906,306.41 6,629,966.20 459,757,090.35 8,917,714.93 1,544,471.44 10,462,186.36 367,400,198.23
10-Dec-08 1,886,919.72 6,564,849.15 455,079,160.93 8,789,338.99 1,507,871.65 10,297,210.64 358,610,859.23
10-Jan-09 1,867,720.72 6,527,866.51 450,419,015.14 8,716,592.15 1,471,798.73 10,188,390.88 349,894,267.09
10-Feb-09 1,848,594.71 6,472,384.37 445,795,225.48 8,607,975.26 1,436,024.39 10,043,999.64 341,286,291.83
10-Mar-09 1,829,617.90 6,371,265.19 441,253,578.19 8,410,643.75 1,400,695.82 9,811,339.57 332,875,648.08
10-Apr-09 1,810,978.23 6,369,927.63 436,694,628.79 8,408,308.39 1,366,177.14 9,774,485.53 324,467,339.69
10-May-09 1,792,267.54 6,301,772.93 432,185,123.40 8,276,243.83 1,331,668.04 9,607,911.87 316,191,095.86
10-Jun-09 1,773,759.78 6,269,748.99 427,689,134.18 8,214,713.31 1,297,700.96 9,512,414.26 307,976,382.56
10-Jul-09 1,755,307.49 6,200,736.02 423,243,705.65 8,081,873.94 1,263,986.40 9,345,860.35 299,894,508.62
10-Aug-09 1,737,062.71 6,170,425.60 418,810,342.76 8,024,241.68 1,230,817.05 9,255,058.73 291,870,266.93
10-Sep-09 1,718,867.45 6,121,298.15 414,407,912.06 7,930,629.13 1,197,884.22 9,128,513.35 283,939,637.80
10-Oct-09 1,700,799.14 28,387,874.33 387,720,836.87 27,509,074.53 1,165,335.60 28,674,410.12 256,430,563.27
10-Nov-09 1,591,270.93 22,839,350.34 366,472,757.47 22,579,805.71 1,052,433.77 23,632,239.48 233,850,757.56
10-Dec-09 1,504,065.28 78,331,184.50 289,645,638.24 70,533,488.00 959,762.48 71,493,250.48 163,317,269.57
10-Jan-10 1,188,753.97 206,952,666.70 83,881,725.52 163,317,269.57 670,281.29 163,987,550.86 0.00
10-Feb-10 344,264.58 40,425,420.43 43,800,569.67 0.00 0.00 0.00 0.00
10-Mar-10 179,764.84 5,329,695.68 38,650,638.83 0.00 0.00 0.00 0.00
10-Apr-10 158,628.66 38,809,267.49 0.00 0.00 0.00 0.00 0.00
10-May-10 0.00 0.00 0.00 0.00 0.00 0.00 0.00
From: GEORDIE WALKER, BANC OF AMERICA SECU [mailto:GYRO@bloomberg.net]
Sent: Thursday, March 31, 2005 1:23 PM
Subject: CMBS NEW ISSUE: BACM 05-1 *Publics* PRICING SPREADS
Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through
Certificates, Series 2005-1 Approx. $2.32B NEW ISSUE CMBS
Joint Bks/LDS: Banc of America Securities LLC/Bear, Stearns & Co., Inc.
Co-Lead Mgr: Barclays Capital Inc.
Co-Managers: Goldman Sachs/RBS Greenwich Capital
Rating Agencies: S&P and Fitch
Expected Timing: Price 2:00, Settles Tuesday 4/12
Class Size($mm) (F/S&P) Sub Lvl WAL Prin Window PX SPD
A1 39.8 AAA/AAA 20.000 1.52 1- 33 EDSF+5
A2 185.1 AAA/AAA 20.000 2.74 33- 33 S+9
A3 555.2* AAA/AAA 20.000 4.79 54- 60 S+17
A4 343.1* AAA/AAA 20.000 6.83 81- 84 S+23
ASB 134.0* AAA/AAA 20.000 6.37 33-114 S+23
A5 381.2* AAA/AAA 20.000 9.62 114-117 S+24
A1A 219.2 AAA/AAA 20.000 7.39 No longer avail.
AJ 168.4 AAA/AAA 12.750 9.79 117-118 S+30
B 61.0 AA/AA 10.125 9.87 118-119 S+35
C 20.3 AA-/AA- 9.250 9.91 119-119 S+37
D 43.5 A/A 7.375 9.91 119-119 S+45
*Size changes on A3, A4, A5 and ASB
This message is for information purposes only, and we are not soliciting any
action based upon it. The information herein is believed to be reliable but it
should not be relied upon as such and is subject to change without notice. Banc
of America Securities LLC, Bear, Stearns and Co., Inc., Barclays Capital Inc.,
and their affiliates may acquire, hold or sell positions in these securities or
in related derivatives and may have an investment banking or banking
relationship with the issuer.
Information herein will be superseded by information in the final prospectus,
copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of
America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255, Craig
Sedmak at Bear, Stearns and Co., Inc., 383 Madison Avenue, New York, NY 10179,
or Craig Leonard/Brian Dixon at Barclays Capital Inc., 200 Park Avenue, 5th
Floor, New York, NY 101566. Such securities may not be suitable for all
investors.
From: CHRIS SPRINGER, BANC OF AMERICA SECU
[mailto:SPRINGERJC@bloomberg.net]
Sent: Thursday, March 31, 2005 1:29 PM
To: Springer, Chris
Subject: CMBS NEW ISSUE: BACM 05-1 CUSIPS **PUBLICS**
Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through
Certificates, Series 2005-1 Approx. $2.32B NEW ISSUE CMBS
Class CUSIP
A1 05947U C6 3
A2 05947U C7 1
A3 05947U C8 9
A4 05947U C9 7
ASB 05947U D2 1
A5 05947U D3 9
A1A 05947U D4 7
AJ 05947U D5 4
B 05947U D6 2
C 05947U D7 0
D 05947U D8 8
This message is for information purposes only, and we are not soliciting any
action based upon it. The information herein is believed to be reliable but it
should not be relied upon as such and is subject to change without notice. Banc
of America Securities LLC, Bear, Stearns and Co., Inc., Barclays Capital Inc.,
and their affiliates may acquire, hold or sell positions in these securities or
in related derivatives and may have an investment banking or banking
relationship with the issuer.
Information herein will be superseded by information in the final prospectus,
copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of
America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255, Craig
Sedmak at Bear, Stearns and Co., Inc., 383 Madison Avenue, New York, NY 10179,
or Craig Leonard/Brian Dixon at Barclays Capital Inc., 200 Park Avenue, 5th
Floor, New York, NY 101566. Such securities may not be suitable for all
investors.
From: GEORDIE WALKER, BANC OF AMERICA SECU [mailto:GYRO@bloomberg.net]
Sent: Thursday, March 31, 2005 2:21 PM
Subject: CMBS NEW ISSUE: BACM 2005-1 *Pricing Benchmarks*
Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through
Certificates, Series 2005-1 Approx. $2.32B NEW ISSUE CMBS
EDSF 4.098%
Swaps Tsy Px Tsy Yld
02 41.75 2 99-29 3/4 3.787
03 46.75 3 98-15 3/4 3.934
04 47.25 5 99-06 1/4 4.181
05 44.75 10 96-01+ 4.500
06 46.75 30 108-29 4.772
07 47.50
08 47.50
09 46.75
10 45.50
11 50.00 *Spd to 10Y
This message is for information purposes only, and we are not soliciting any
action based upon it. The information herein is believed to be reliable but it
should not be relied upon as such and is subject to change without notice. Banc
of America Securities LLC, Bear, Stearns and Co., Inc., Barclays Capital Inc.,
and their affiliates may acquire, hold or sell positions in these securities or
in related derivatives and may have an investment banking or banking
relationship with the issuer.
Information herein will be superseded by information in the final prospectus,
copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of
America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255, Craig
Sedmak at Bear, Stearns and Co., Inc., 383 Madison Avenue, New York, NY 10179,
or Craig Leonard/Brian Dixon at Barclays Capital Inc., 200 Park Avenue, 5th
Floor, New York, NY 101566. Such securities may not be suitable for all
investors.