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Household Home Equity Loan Trust 1999-1
Distribution Number 6
Beginning Date of Accrual Period 04/02/00
End Date of Accrual Period 04/30/00
Distribution Date 05/22/00
Previous Distribution Date 04/20/00
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Funds Disbursement
Available Funds for Distribution 13,436,612.58
Principal Collections 9,283,321.38
Interest Collections 4,153,291.20
Distribution of Interest
Collections
Servicing Fee 197,141.27
Extra Principal Distribution 1,326,746.11
Amount
Interest Paid 2,629,403.82
To Class R -
Distribution of Principal Collections
Principal Paid to 9,283,321.38
Certificates
Overcollateralization Release -
Amount
Balance Reconciliation
Begin Principal Balance 473,139,056.29
Adjustments 0.00
Principal Collections (including (9,283,321.38)
repurchases)
Charge off Amount (48,281.00)
End Principal Balance 463,807,453.91
Collateral Performance
Cash Yield (% of beginning balance) 10.53%
Charge off Amount (% of beginning 0.12%
balance)
Net Yield 10.41%
Delinquent Loans (contractual)
30-59 days principal balance of loan 10,659,231.00
30-59 days number of loans 149
60-89 days principal balance of loan 973,173.01
60-89 days number of loans 13
90+ days number of loans 40
90+ days principal balance of loan 3,275,640.47
Number of Loans that went into REO 2
Principal Balance of Loans that went into 197,642.81
REO
Principal Balance of all REO 274,718.81
Overcollateralization Reconcilliation
Begin OC Amount 34,686,906.23
Target OC Amount 50,039,651.27
OC Deficiency 15,401,026.04
OC Release Amount -
End OC Amount 35,965,371.34
Loan Repurchase Detail
Number Purchased for pursuant to 2.02
Principal Balance Purchasesed pursant to 2.02
Other
Stepdown No
Trigger Event No
Event of Default No
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Class A-1 Noteholder's Statement
A. Information on Distributions
1. Total Distribution per $1,000 48.972417
2. Principal Distribution per $1,000 44.768217
3. Interest Distribution per $1,000 4.204200
B. Calculation of Class A-1 Interest Due & Paid
1. Class A-1 related Note Rate 6.83%
2. Accrual Convention 30/360
3. Class A-1 Principal Balance, BOP 175,062,150.06
4. Class A-1 Interest Carryover -
Shortfall, BOP
5. Class A-1 Interest Due 996,395.40
6. Class A-1 Interest Paid 996,395.40
7. Class A-1 unpaid Carryover -
Shortfall, EOP
C. Calculation of Class A-1 Principal Due & Paid
1. Class A-1 Principal Balance, BOP 175,062,150.06
2. Class A-1 Principal Due
3. Class A-1 Principal Paid 10,610,067.49
4. Class A-1 Principal Balance, EOP 164,452,082.57
5. Class A-1 Notes Balance as a % of 0.384375659
the Total Certificate Balance, EOP
6. Class A-1 Notes Balance as a 0.354569728
percentage of the Pool Balance, EOP
Class A-2 Noteholder's Statement
A. Information on Distributions
1. Total Distribution per $1,000 5.791667
2. Principal Distribution per $1,000 -
3. Interest Distribution per $1,000 5.791667
B. Calculation of Class A-2 Interest Due & Paid
1. Class A-2 related Note Rate 6.95%
2. Accrual Convention 30/360
3. Class A-2 Principal Balance, BOP 62,000,000.00
4. Class A-2 Interest Carryover -
Shortfall, BOP
5. Class A-2 Interest Due 359,083.33
6. Class A-2 Interest Paid 359,083.33
7. Class A-2 unpaid Carryover -
Shortfall, EOP
C. Calculation of Class A-2 Principal Due & Paid
1. Class A-2 Principal Balance, BOP 62,000,000.00
2. Class A-2 Principal Due
3. Class A-2 Principal Paid -
4. Class A-2 Principal Balance, EOP 62,000,000.00
5. Class A-2 Notes Balance as a 0.144913281
percentage of the Total Certificate Balance
6. Class A-2 Notes Balance as a 0.133676161
percentage of the Pool Balance, EOP
Class A-3 Noteholder's Statement
A. Information on Distributions
1. Total Distribution per $1,000 6.008333
2. Principal Distribution per $1,000 -
3. Interest Distribution per $1,000 6.008333
B. Calculation of Class A-3 Interest Due & Paid
1. Class A-3 related Note Rate 7.21%
2. Accrual Convention 30/360
3. Class A-3 Principal Balance, BOP 90,000,000.00
4. Class A-3 Interest Carryover -
Shortfall, BOP
5. Class A-3 Interest Due 540,750.00
6. Class A-3 Interest Paid 540,750.00
7. Class A-3 unpaid Carryover -
Shortfall, EOP
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C. Calculation of Class A-3 Principal Due & Paid
1. Class A-3 Principal Balance, BOP 90,000,000.00
2. Class A-3 Principal Due
3. Class A-3 Principal Paid -
4. Class A-3 Principal Balance, EOP 90,000,000.00
5. Class A-3 Notes Balance as a 0.210357989
percentage of the Total Certificate Balance
6. Class A-3 Notes Balance as a 0.194046041
percentage of the Pool Balance, EOP
Class A-4 Noteholder's Statement
A. Information on Distributions
1. Total Distribution per $1,000 6.008333
2. Principal Distribution per $1,000 -
3. Interest Distribution per $1,000 6.008333
B. Calculation of Class A-4 Interest Due & Paid
1. Class A-4 related Note Rate 7.21%
2. Accrual Convention 30/360
3. Class A-4 Principal Balance, BOP 42,920,000.00
4. Class A-4 Interest Carryover -
Shortfall, BOP
5. Class A-4 Interest Due 257,877.67
6. Class A-4 Interest Paid 257,877.67
7. Class A-4 unpaid Carryover -
Shortfall, EOP
C. Calculation of Class A-4 Principal Due & Paid
1. Class A-4 Principal Balance, BOP 42,920,000.00
2. Class A-4 Principal Due
3. Class A-4 Principal Paid -
4. Class A-4 Principal Balance, EOP 42,920,000.00
5. Class A-4 Notes Balance as a 0.100317388
percentage of the Total Certificate Balance
6. Class A-4 Notes Balance as a 0.092538401
percentage of the Pool Balance, EOP
Class M-1 Noteholder's Statement
A. Information on Distributions
1. Total Distribution per $1,000 6.525000
2. Principal Distribution per $1,000 -
3. Interest Distribution per $1,000 6.525000
B. Calculation of Class M-1 Interest Due & Paid
1. Class M-1 related Note Rate 7.83%
2. Accrual Convention 30/360
3. Class M-1 Principal Balance, BOP 35,550,000.00
4. Class M-1 Interest Carryover -
Shortfall, BOP
5. Class M-1 Interest Due 231,963.75
6. Class M-1 Interest Paid 231,963.75
7. Class M-1 unpaid Carryover -
Shortfall, EOP
C. Calculation of Class M-1 Principal Due & Paid
1. Class M-1 Principal Balance, BOP 35,550,000.00
2. Class M-1 Principal Due
3. Class M-1 Principal Paid -
4. Class M-1 Principal Balance, EOP 35,550,000.00
5. Class M-1 Notes Balance as a 0.083091406
percentage of the Total Certificate Balance
6. Class M-1 Notes Balance as a 0.076648186
percentage of the Pool Balance, EOP
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Class M-2 Noteholder's Statement
A. Information on Distributions
1. Total Distribution per $1,000 7.391667
2. Principal Distribution per $1,000 -
3. Interest Distribution per $1,000 7.391667
B. Calculation of Class M-2 Interest Due & Paid
1. Class M-2 related Note Rate 8.87%
2. Accrual Convention 30/360
3. Class M-2 Principal Balance, BOP 32,920,000.00
4. Class M-2 Interest Carryover -
Shortfall, BOP
5. Class M-2 Interest Due 243,333.67
6. Class M-2 Interest Paid 243,333.67
7. Class M-2 unpaid Carryover -
Shortfall, EOP
C. Calculation of Class M-2 Principal Due & Paid
1. Class M-2 Principal Balance, BOP 32,920,000.00
2. Class M-2 Principal Due
3. Class M-2 Principal Paid -
4. Class M-2 Principal Balance, EOP 32,920,000.00
5. Class M-2 Notes Balance as a 0.076944278
percentage of the Total Certificate Balance
6. Class M-2 Notes Balance as a 0.070977729
percentage of the Pool Balance, EOP
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