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CAPITAL ONE MASTER TRUST
TRUST EXCESS SPREAD ANALYSIS - SEPTEMBER-01
Card Trust COMT 96-2 COMT 96-3 COMT 97-1 COMT 97-2 COMT 98-1 COMT 98-4
Deal Size $750MM $500MM $608MM $502MM $591MM $750MM
Expected Maturity(Class A): 12/15/01 1/15/04 6/15/02 8/15/02 4/15/08 11/15/03
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Excess Spread:
Portfolio Yield 23.87% 23.87% 23.87% 23.87% 23.87% 23.87%
LESS: (Wt Avg) Coupon 3.79% 3.82% 3.42% 3.82% 6.16% 5.22%
SVC Fees 1.50% 1.50% 1.50% 1.50% 1.50% 1.50%
Charge-Offs 4.26% 4.26% 4.26% 4.26% 4.26% 4.26%
Excess Spread: Sep-01 14.32% 14.29% 14.69% 14.29% 11.95% 12.89%
Aug-01 15.55% 15.52% 15.45% 15.65% 12.94% 13.80%
Jul-01 14.55% 14.52% 14.60% 14.40% 12.33% 13.22%
3-Mo Avg Excess Spread 14.81% 14.78% 14.91% 14.78% 12.41% 13.30%
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Delinquents: 30 to 59 days 1.77% 1.77% 1.77% 1.77% 1.77% 1.77%
60 to 89 days 1.22% 1.22% 1.22% 1.22% 1.22% 1.22%
90+ days 2.67% 2.67% 2.67% 2.67% 2.67% 2.67%
Monthly Payment Rate 14.32% 14.32% 14.32% 14.32% 14.32% 14.32%
Card Trust COMT 99-1 COMT 99-2 COMT 99-3 COMT 00-1 COMT 00-2 COMT 00-3 COMT 00-4 COMT 00-5 COMT 01-1
Deal Size $625MM $625MM $500MM $600MM $750MM $1000MM $1200MM $1250MM $1200MM
Expected Maturity(Class A): 05/15/04 05/15/02 7/17/06 02/17/03 06/15/05 08/15/07 10/17/05 10/15/03 2/17/03
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Excess Spread:
Portfolio Yield 23.87% 23.87% 23.87% 23.87% 23.87% 23.87% 23.87% 23.87% 23.87%
LESS: (Wt Avg) Coupon 4.13% 3.82% 4.31% 7.16% 6.76% 3.83% 6.29% 6.19% 3.45%
SVC Fees 1.50% 1.50% 1.50% 1.50% 2.00% 2.00% 2.00% 2.00% 2.00%
Charge-Offs 4.26% 4.26% 4.26% 4.26% 4.26% 4.26% 4.26% 4.26% 4.26%
Excess Spread: Sep-01 13.98% 14.29% 13.80% 10.95% 10.85% 13.78% 11.32% 11.42% 14.16%
Aug-01 15.33% 15.52% 15.17% 12.01% 11.91% 15.16% 13.56% 13.65% 15.40%
Jul-01 14.29% 14.52% 14.12% 11.38% 11.28% 14.10% 12.22% 12.31% 14.39%
3-Mo Avg Excess Spread 14.53% 14.78% 14.36% 11.45% 11.35% 14.35% 12.37% 12.46% 14.65%
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Delinquents: 30 to 59 days 1.77% 1.77% 1.77% 1.77% 1.77% 1.77% 1.77% 1.77% 1.77%
60 to 89 days 1.22% 1.22% 1.22% 1.22% 1.22% 1.22% 1.22% 1.22% 1.22%
90+ days 2.67% 2.67% 2.67% 2.67% 2.67% 2.67% 2.67% 2.67% 2.67%
Monthly Payment Rate 14.32% 14.32% 14.32% 14.32% 14.32% 14.32% 14.32% 14.32% 14.32%
Card Trust COMT 01-2 COMT 01-3 COMT 01-4 COMT 01-5 COMT 01-6
Deal Size $1,200MM $750MM $1,000MM $1,000MM $1,300MM
Expected Maturity(Class A): 3/15/06 5/15/06 6/15/04 8/15/06 8/15/08
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Excess Spread:
Portfolio Yield 23.87% 23.87% 23.87% 23.87% 23.87%
LESS: (Wt Avg) Coupon 5.28% 4.72% 3.51% 4.59% 3.37%
SVC Fees 2.00% 2.00% 2.00% 2.00% 1.27%
Charge-Offs 4.26% 4.26% 4.26% 4.26% 4.26%
Excess Spread: Sep-01 12.33% 12.89% 14.10% 13.02% 14.97%
Aug-01 14.42% 13.81% 15.26% 15.15% N/A
Jul-01 13.16% 13.22% 14.83% N/A N/A
3-Mo Avg Excess Spread 13.30% 13.31% 14.73% N/A N/A
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Delinquents: 30 to 59 days 1.77% 1.77% 1.77% 1.77% 1.77%
60 to 89 days 1.22% 1.22% 1.22% 1.22% 1.22%
90+ days 2.67% 2.67% 2.67% 2.67% 2.67%
Monthly Payment Rate 14.32% 14.32% 14.32% 14.32% 14.32%
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