DEUTSCHE FINANCIAL CAPITAL SECURITIZATION LLC, 1997-I REPORT DATE: August 7, 1997
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 2
REMITTANCE REPORT Page 1 of 7
REPORTING MONTH: Jul-97
Scheduled Principal Balance of Contracts
- -----------------------------------------------------------------------------------------------------------------------------
Beginning Ending
Principal Scheduled Prepaid Liquidated Contracts Principal
Balance Principal Principal Principal Repurchased Balance
- -----------------------------------------------------------------------------------------------------------------------------
160,976,364.08 (184,760.23) (330,277.63) 0.00 0.00 160,461,326.22
=============================================================================================================================
Scheduled Scheduled Amount
Gross Servicing Pass Thru Liquidation Reserve Available for
Interest Fee Interest Proceeds Fund Draw Distribution
- ------------------------------------------------------------------------------------------------------------------------------
1,391,635.06 134,146.97 1,257,488.09 0.00 0.00 1,906,672.92
==============================================================================================================================
Certificate Account
- ---------------------------------------------------------------------------------------------------------------------------------
Beginning Deposits Investment Ending
Balance Principal Interest Distributions Interest Balance
- ---------------------------------------------------------------------------------------------------------------------------------
553,904.65 484,212.64 1,321,297.62 (1,815,330.68) 1,643.57 545,727.80
=================================================================================================================================
P&I Advances at Distribution Date
----------------------------------------------------------------------------------
Beginning Recovered Current Ending
Balance Advances Advances Balance
----------------------------------------------------------------------------------
583,563.17 576,107.68 585,645.24 593,100.73
==================================================================================
DEUTSCHE FINANCIAL CAPITAL SECURITIZATION LLC, 1997-I REPORT DATE: August 7, 1997
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 2
REMITTANCE REPORT
REPORTING MONTH: Jul-97 Page 2 of 7
Class B Crossover Test Test Met?
- ---------------------------------------------------------------------------- ---------------
(a) Remittance date on or after January 2002 N
(b) Average 60 day Delinquency rate <= 5% #DIV/0!
(c) Average 30 day Delinquency rate <= 7% #DIV/0!
(d) Cumulative losses do not exceed the following
percent of the intitial principal balance of all Certificates
JAN 2002 - JUNE 2003 7% N
JULY 2003 - JUNE 2004 8% N
JUNE 2004 and after 9% N
(e) Current realized loss ratio <= 2.75% Y
(f) Does Class B Percentage equal or
exceed 29.750%
of stated scheduled pool balance
Beginning B-1 balance 14,929,000.00
Beginning B-2 balance 0.00
-------------------
14,929,000.00
Divided by beginning pool
balance 160,976,364.08
-------------------
9.274% N
===================
Average 60 day delinquency ratio:
Over 60s Pool Balance %
----------------------------------------------------------
Current Mo 748,481.79 160,461,326.22 0.47%
1st Preceding Mo 0.00 71,378.33 0.00%
2nd Preceding Mo 0.00 0.00 #DIV/0!
Divided by 3
-------------
#DIV/0!
=============
Average 30 day delinquency ratio:
Over 30s Pool Balance %
----------------------------------------------------------
Current Mo 1,726,080.81 160,461,326.22 1.08%
1st Preceding Mo 0.00 1,847,659.71 0.00%
2nd Preceding Mo 0.00 0.00 #DIV/0!
Divided by 3
-------------
#DIV/0!
=============
Cumulative loss ratio:
Cumulative losses 0.00
------------------------
Divided by Initial Certificate Principal 161,394,769.00 0.000%
=============
Current realized loss ratio:
Liquidation Pool
Losses Balance
---------------------------------------------
DEUTSCHE FINANCIAL CAPITAL SECURITIZATION LLC, 1997-I REPORT DATE: August 7, 1997
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 2
REMITTANCE REPORT Page 3 of 7
REPORTING MONTH: Jul-97
Delinquency Analysis
31 to 59 days 60 to 89 days 90 days and Over
No. of Principal Principal Principal Principal
Loans Balance # Balance # Balance # Balance
------------------------------------------------------------------------------------------------------------
Excluding Repos 4,391 160,431,660.87 27 917,215.03 15 516,182.69 1 71,378.33
Repos 1 29,665.35 2 60,383.99 5 160,920.77 0 0.00
------------------------------------------------------------------------------------------------------------
Total 4,392 160,461,326.22 29 977,599.02 20 677,103.46 1 71,378.33
============================================================================================================
Repossession Analysis
Active Repos Reversal Current Month
Total Delinq. Outstanding (Redemption) Repos Cumulative Repos
Principal Principal Principal Principal Principal
# Balance # Balance # Balance # Balance # Balance
---------------------------------------------------------------------------------------------------------------------
Excluding Repos 43 1,504,776.05 1 29,665.35 0 0.00 1 29,665.35 1 29,665.35
Repos 7 221,304.76
-----------------------
Total 50 1,726,080.81
==========================
1.1% 1.08%
==========================
DEUTSCHE FINANCIAL CAPITAL SECURITIZATION LLC, 1997-I REPORT DATE: August 7, 1997
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 2
REMITTANCE REPORT
REPORTING MONTH: Jul-97 Page 4 of 7
REPOSSESSION LIQUIDATION REPORT
Liquidated Net
Account Customer Principal Sales Insur. Total Repossession Liquidation
Number Name Balance Proceeds Refunds Proceeds Expenses Proceeds
- -----------------------------------------------------------------------------------------------------------------------------------
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
---------------------------------------------------------------------------------------------------
0.00 0.00 0.00 0.00 0.00 0.00
===================================================================================================
Net Current
Unrecov. Pass Thru Period Net Cumulative
Advances Proceeds Gain/(Loss) Gain/(Loss)
- -----------------------------------------------------------------------
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
- ---------------------------------------------------
0.00 0.00 0.00 0.00
==================================================================
DEUTSCHE FINANCIAL CAPITAL SECURITIZATION LLC, 1997-I REPORT DATE: August 7, 1997
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 2
REMITTANCE REPORT
REPORTING MONTH: Jul-97 Page 5 of 7
ACCELERATED PRINCIPAL DISTRIBUTION CALCULATION:
The Accelerated Principal Distribution is equal to the lesser of
(A) or (C) - (B).
(A) CURRENT CLASS X STRIP AMOUNT 323,907.74
----------------
(B) CURRENT OVERCOLLATERALIZATION AMOUNT
The positive difference, if any, between
Scheduled Principal Balance 160,976,364.08
Certificate Principal Balance of all outstanding Classes of Certificates 160,652,515.06
----------------
323849.02
----------------
(C) TARGET OVERCOLLATERALIZATION AMOUNT
(i) Prior to the Cross-over Date
Scheduled Principal Balance as of the Cut-off Date 161,394,769.36
Multiplied by 1.25%
----------------
2,017,434.62
----------------
(ii) Any other date of determination
Lesser of
(x) Calculation in (i) above 2,017,434.62
----------------
or
(y) Scheduled Principal Balance 160,976,364.08
Multiplied by 2.25%
----------------
3,621,968.19
----------------
however, not less than
(z) Scheduled Principal Balance as of the Cut-off Date 161,394,769.36
Multiplied by 0.50%
----------------
806,973.85
----------------
2,017,434.62
----------------
ACCELERATED PRINCIPAL DISTRIBUTION AMOUNT 323,907.74
----------------
DEUTSCHE FINANCIAL CAPITAL SECURITIZATION LLC, 1997-I REPORT DATE: August 7, 1997
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 2
REMITTANCE REPORT
REPORTING MONTH: Jul-97 Page 6 of 7
CERTIFICATE PRINCIPAL ANALYSIS
PRINCIPAL
Original Beginning Beginning Current
Cert. Certificate Certificate Carryover Principal
Class Balances Balances Principal Due
- ------------------------------------------------------------------------------------------------------------------------------------
A-1 34,713,000.00 33,970,746.06 0.00 515,037.86
A-1 Outstanding Writedown 0.00 0.00
A-2 25,021,000.00 25,021,000.00 0.00 0.00
A-2 Outstanding Writedown 0.00 0.00
A-3 19,982,000.00 19,982,000.00 0.00 0.00
A-3 Outstanding Writedown 0.00 0.00
A-4 7,105,000.00 7,105,000.00 0.00 0.00
A-4 Outstanding Writedown 0.00 0.00
A-5 20,813,000.00 20,813,000.00 0.00 0.00
A-5 Outstanding Writedown 0.00 0.00
A-6 19,867,000.00 19,867,000.00 0.00 0.00
A-6 Outstanding Writedown 0.00 0.00
M 12,508,000.00 12,508,000.00 0.00 0.00
M Outstanding Writedown 0.00 0.00
B-1 14,929,000.00 14,929,000.00 0.00 0.00
B-1 Outstanding Writedown 0.00 0.00
B-2 6,456,769.00 6,456,769.00 0.00 0.00
B-2 Outstanding Writedown 0.00
Excess Asset Principal Balance 0.00 323,848.66 0.00 0.00
----------------------------------------------------------------------------------------------
161,394,769.00 160,976,363.72 0.00 515,037.86
==============================================================================================
Current Ending Accelerated Ending Principal Paid
Cert. Principal Carryover Principal Certificate Pool Per $1,000
Class Paid Principal Distribution Balances Factor Denomination
- -------------------------------- -------------------------------------------------------------------------------------------------
A-1 515,037.86 0.00 323,907.74 33,131,800.46 95.44494% 14.84
A-1 Outstanding Writedown 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 25,021,000.00 100.00000% 0.00
A-2 Outstanding Writedown 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 19,982,000.00 100.00000% 0.00
A-3 Outstanding Writedown 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 7,105,000.00 100.00000% 0.00
A-4 Outstanding Writedown 0.00 0.00 0.00 0.00
A-5 0.00 0.00 0.00 20,813,000.00 100.00000% 0.00
A-5 Outstanding Writedown 0.00 0.00 0.00 0.00
A-6 0.00 0.00 0.00 19,867,000.00 100.00000% 0.00
A-6 Outstanding Writedown 0.00 0.00 0.00 0.00
M 0.00 0.00 0.00 12,508,000.00 100.00000% 0.00
M Outstanding Writedown 0.00 0.00 0.00 0.00
B-1 0.00 0.00 0.00 14,929,000.00 100.00000% 0.00
B-1 Outstanding Writedown 0.00 0.00 0.00 0.00
B-2 0.00 0.00 0.00 6,456,769.00 100.00000% 0.00
B-2 Outstanding Writedown 0.00 0.00 0.00 0.00
Excess Asset Principal Balance 0.00 0.00 (323,907.74) 647,756.40
---------------------------------------------------------------
515,037.86 0.00 0.00 160,461,325.86
===============================================================
DEUTSCHE FINANCIAL CAPITAL SECURITIZATION LLC, 1997-I REPORT DATE: August 7, 1997
OAKWOOD ACCEPTANCE CORP. - SERVICER POOL REPORT # 2
REMITTANCE REPORT
REPORTING MONTH: Jul-97 Page 7 of 7
CERTIFICATE INTEREST ANALYSIS
Certificate Remittance Beginning Current Total Interest
Class Rate Balance Accrual Paid Shortfall
-------------------------------------------------------------------------------------------------
A-1 6.40000% 0.00 181,177.31 181,177.31 0.00
A-1 Carryover Interest 0.00 0.00 0.00 0.00 0.00
A-1 Writedown Interest 0.00 0.00 0.00 0.00 0.00
A-2 6.55000% 0.00 136,572.96 136,572.96 0.00
A-2 Carryover Interest 0.00 0.00 0.00 0.00 0.00
A-2 Writedown Interest 0.00 0.00 0.00 0.00 0.00
A-3 6.75000% 0.00 112,398.75 112,398.75 0.00
A-3 Carryover Interest 0.00 0.00 0.00 0.00 0.00
A-3 Writedown Interest 0.00 0.00 0.00 0.00 0.00
A-4 6.90000% 0.00 40,853.75 40,853.75 0.00
A-4 Carryover Interest 0.00 0.00 0.00 0.00 0.00
A-4 Writedown Interest 0.00 0.00 0.00 0.00 0.00
A-5 7.10000% 0.00 123,143.58 123,143.58 0.00
A-5 Carryover Interest 0.00 0.00 0.00 0.00 0.00
A-5 Writedown Interest 0.00 0.00 0.00 0.00 0.00
A-6 7.37500% 0.00 122,099.27 122,099.27 0.00
A-6 Carryover Interest 0.00 0.00 0.00 0.00 0.00
A-6 Writedown Interest 0.00 0.00 0.00 0.00 0.00
M 7.27500% 0.00 75,829.75 75,829.75 0.00
M Carryover Interest 0.00 0.00 0.00 0.00 0.00
M Writedown Interest 0.00 0.00 0.00 0.00 0.00
B-1 7.52500% 0.00 93,617.27 93,617.27 0.00
B-1 Carryover Interest 0.00 0.00 0.00 0.00 0.00
B-1 Writedown Interest 0.00 0.00 0.00 0.00 0.00
B-2 8.90000% 0.00 47,887.70 47,887.70 0.00
B-2 Carryover Interest 0.00 0.00 0.00 0.00 0.00
B-2 Writedown Interest 0.00 0.00 0.00 0.00 0.00
X 323,848.66 323,907.74 0.00 323,907.74
R 0.00 0.00 0.00 0.00
Service Fee 0.00 134,146.97 134,146.97 0.00
-----------------------------------------------------------------------------------------------
323,848.66 1,391,635.06 1,067,727.32 323,907.74
==============================================================================================
Interest Paid
Certificate Ending Per $1,000 Cert. TOTAL
Class Balance Denomination Class DISTRIBUTION
-------------------------------------------------
A-1 0.00 5.33 A-1 1,020,122.91
A-1 Carryover Interest 0.00 0.00
A-1 Writedown Interest 0.00 0.00
A-2 0.00 5.46 A-2 136,572.96
A-2 Carryover Interest 0.00 0.00
A-2 Writedown Interest 0.00 0.00
A-3 0.00 5.63 A-3 112,398.75
A-3 Carryover Interest 0.00 0.00
A-3 Writedown Interest 0.00 0.00
A-4 0.00 5.75 A-4 40,853.75
A-4 Carryover Interest 0.00 0.00
A-4 Writedown Interest 0.00 0.00
A-5 0.00 5.92 A-5 123,143.58
A-5 Carryover Interest 0.00 0.00
A-5 Writedown Interest 0.00 0.00
A-6 0.00 6.15 A-6 122,099.27
A-6 Carryover Interest 0.00 0.00
A-6 Writedown Interest 0.00 0.00
M 0.00 6.06 M 75,829.75
M Carryover Interest 0.00 0.00
M Writedown Interest 0.00 0.00
B-1 0.00 6.27 B-1 93,617.27
B-1 Carryover Interest 0.00 0.00
B-1 Writedown Interest 0.00 0.00
B-2 0.00 7.42 B-2 47,887.70
B-2 Carryover Interest 0.00 0.00
B-2 Writedown Interest 0.00 0.00
X 647,756.40 X 0.00
CUMULATIVE X INTEREST SHORTFALL 647,756.40
R 0.00 R 0.00 CUMULATIVE ACCELERATED PRINCIPAL DISTRIB (647,756.40)
-------------
Service Fee 0.00 134,146.97 CUMULATIVE LOSSES 0.00
---------- -------------- =============
647,756.40 1,906,672.92
========== ==============