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Next: MORGAN STANLEY DEAN WITTER CAPITAL 1 INC SERIES 2000-PRIN, 15-15D, 2000-12-28 |
MASTER SERVICER'S CERTIFICATE |
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(Delivered pursuant to Section 4.9 |
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of the Master Sale and Servicing Agreement) |
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HOUSEHOLD FINANCE CORPORATION, |
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Master Servicer |
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HOUSEHOLD AUTO RECEIVABLES CORPORATION |
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HOUSEHOLD AUTOMOTIVE TRUST VI |
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Class A Notes, Series 2000-3 |
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1. This Certificate relates to the Distribution Date occurring on |
December 18, 2000 |
2. Series 2000-3 Information |
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(a) The amount of Collected Funds with respect to the Collection Period was equal to |
$26,153,702.28 |
(b) The amount of Available Funds with respect to the Collection Period was equal to |
$26,213,724.95 |
(c) The Liquidated Receivables for the Collection Period was equal to |
$189,370.74 |
(d) Net Liquidation Proceeds for the Collection Period was equal to |
$55,449.66 |
(i) The annualized net default rate |
0.171450% |
(e) The principal balance of Series 2000-3 Receivables at the beginning |
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of the Collection Period was equal to |
$943,546,921.25 |
(f) The principal balance of Series 2000-3 Receivables on the last day |
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of the Collection Period was equal to |
$931,111,611.78 |
(g) The aggregate outstanding balance of the Series 2000-3 Receivables which were one |
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payment (1-29 days) delinquent as of the close of business on the last day of the |
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Collection Period with respect to such Distribution Date was equal to |
$44,033,000.00 |
(h) The aggregate outstanding balance of the Series 2000-3 Receivables which were two |
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payments (30-59 days) delinquent as of the close of business on the last day of the |
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Collection Period with respect to such Distribution Date was equal to |
$13,546,000.00 |
(i) The aggregate outstanding balance of the Series 2000-3 Receivables which were three or |
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more payments (60+ days) delinquent as of the close of business on the last day of the |
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Collection Period with respect to such Distribution Date was equal to |
$4,668,000.00 |
(j) The Base Servicing Fee paid on the Distribution Date was equal to |
$505,347.22 |
(k) The Principal Distributable Amount for the Distribution Date was equal to |
$22,305,014.63 |
(l) The Principal Amount Available for the Distribution Date was equal to |
$22,305,014.63 |
(m) The Aggregate Note Principal Balance was equal to |
$631,770,425.60 |
(n) The Aggregate Optimal Note Principal Balance was equal to |
$605,222,547.66 |
(o) The Targeted Credit Enhancement Amount was equal to |
$353,822,412.48 |
(p) The Targeted Credit Enhancement Amount as a percentage of the Pool |
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Balance on the Distribution Date was equal to |
$0.38 |
(q) The Targeted Reserve Account Balance was equal to |
$27,933,348.35 |
(r) The Reserve Account Deposit Amount for the Distribution Date |
$0.00 |
(s) The Maximum Reserve Account Deposit Amount for the Distribution Date |
$9,866,600.13 |
(t) The Reserve Account Shortfall for the Distribution Date |
$0.00 |
(u) The amount on deposit in the Reserve Account after distributions was equal to |
$27,933,348.35 |
(v) The amount on deposit in the Reserve Account as a percentage of the Pool |
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Balance on the Distribution Date was equal to |
3.000000% |
(w) The Targeted Overcollateralization Amount was equal to |
$325,889,064.12 |
(x) The ending overcollateralization was equal to |
$321,646,200.81 |
(y) The ending overcollateralization as a percentage of the Pool Balance on the |
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Distribution Date was equal to |
34.544323% |
(z) The Weighed Average Coupon (WAC) was equal to |
18.370000% |
(aa) The Weighed Average Remaining Maturity (WAM) was equal to |
59 |
3. Noteholder Information |
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(a) Class A-1 |
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A. Information Regarding Distributions |
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1. Total Distribution per $1,000 |
$168.55611 |
2. Principal Distribution per $1,000 |
$164.00746 |
3. Interest Distribution per $1,000 |
$4.54865 |
B. Calculation of Class A-1 Interest Due |
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1. Class A-1 related Note Rate |
6.792000% |
2. Class A-1 principal balance - beginning of period |
$105,770,425.60 |
3. Accrual convention |
Actual/360 |
4. Days in Interest Period |
31 |
5. Class A-1 interest due |
$618,615.96 |
6. Class A-1 interest paid |
$618,615.96 |
7. Class A Interest Carryover Shortfall with respect to Class A-1 |
$0.00 |
8. Class A-1 unpaid interest with respect to the Distribution Date |
$0.00 |
C. Calculation of Class A-1 principal balance |
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1. Class A-1 principal balance - beginning of period |
$105,770,425.60 |
2. Class A-1 principal - amount due |
$22,305,014.63 |
3. Class A-1 principal - amount paid |
$22,305,014.63 |
4. Class A-1 principal balance - end of period |
$83,465,410.97 |
5. Class A Principal Carryover Shortfall with respect to Class A-1 |
$0.00 |
6. Class A-1 unpaid principal with respect to the Distribution Date |
$0.00 |
7. Class A-1 Notes as a percentage of the total Notes outstanding on the Distribution Date |
13.694856% |
8. Class A-1 Notes as a percentage of the Pool Balance on the Distribution Date |
8.964061% |
(b) Class A-2 |
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A. Information Regarding Distributions |
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1. Total Distribution per $1,000 |
$5.80000 |
2. Principal Distribution per $1,000 |
$0.00000 |
3. Interest Distribution per $1,000 |
$5.80000 |
B. Calculation of Class A-2 Interest Due |
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1. Class A-2 related Note Rate |
6.960000% |
2. Class A-2 principal balance - beginning of period |
$158,000,000.00 |
3. Accrual convention |
30/360 |
4. Days in Interest Period |
31 |
5. Class A-2 interest due |
$916,400.00 |
6. Class A-2 interest paid |
$916,400.00 |
7. Class A Interest Carryover Shortfall with respect to Class A-2 |
$0.00 |
8. Class A-2 unpaid interest with respect to the Distribution Date |
$0.00 |
C. Calculation of Class A-2 principal balance |
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1. Class A-2 principal balance - beginning of period |
$158,000,000.00 |
2. Class A-2 principal - amount due |
$0.00 |
3. Class A-2 principal - amount paid |
$0.00 |
4. Class A-2 principal balance - end of period |
$158,000,000.00 |
5. Class A Principal Carryover Shortfall with respect to Class A-2 |
$0.00 |
6. Class A-2 unpaid principal with respect to the Distribution Date |
$0.00 |
7. Class A-2 Notes as a percentage of the total Notes outstanding on the Distribution Date |
25.924359% |
8. Class A-2 Notes as a percentage of the Pool Balance on the Distribution Date |
16.968965% |
9. Class A-1 and A-2 Notes as a percentage of the Pool Balance on the Distribution Date |
25.933025% |
(c) Class A-3 |
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A. Information Regarding Distributions |
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1. Total Distribution per $1,000 |
$5.87500 |
2. Principal Distribution per $1,000 |
$0.00000 |
3. Interest Distribution per $1,000 |
$5.87500 |
B. Calculation of Class A-3 Interest Due |
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1. Class A-3 related Note Rate |
7.050000% |
2. Class A-3 principal balance - beginning of period |
$175,000,000.00 |
3. Accrual convention |
30/360 |
4. Class A-3 interest due |
$1,028,125.00 |
5. Class A-3 interest paid |
$1,028,125.00 |
6. Class A Interest Carryover Shortfall with respect to Class A-3 |
$0.00 |
7. Class A-3 unpaid interest with respect to the Distribution Date |
$0.00 |
C. Calculation of Class A-3 principal balance |
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1. Class A-3 principal balance - beginning of period |
$175,000,000.00 |
2. Class A-3 principal - amount due |
$0.00 |
3. Class A-3 principal - amount paid |
$0.00 |
4. Class A-3 principal balance - end of period |
$175,000,000.00 |
5. Class A Principal Carryover Shortfall with respect to Class A-3 |
$0.00 |
6. Class A-3 unpaid principal with respect to the Distribution Date |
$0.00 |
7. Class A-3 Notes as a percentage of the total Notes outstanding on the Distribution Date |
28.713689% |
8. Class A-3 Notes as a percentage of the Pool Balance on the Distribution Date |
18.794739% |
9. Class A-1, A-2 and A-3 Notes as a percentage of the Pool Balance on the Distribution Date |
44.727765% |
(d) Class A-4 |
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A. Information Regarding Distributions |
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1. Total Distribution per $1,000 |
$5.96667 |
2. Principal Distribution per $1,000 |
$0.00000 |
3. Interest Distribution per $1,000 |
$5.96667 |
B. Calculation of Class A-4 Interest Due |
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1. Class A-4 related Note Rate |
7.160000% |
2. Class A-4 principal balance - beginning of period |
$193,000,000.00 |
3. Accrual convention |
30/360 |
4. Class A-4 interest due |
$1,151,566.67 |
5. Class A-4 interest paid |
$1,151,566.67 |
6. Class A Interest Carryover Shortfall with respect to Class A-4 |
$0.00 |
7. Class A-4 unpaid interest with respect to the Distribution Date |
$0.00 |
C. Calculation of Class A-4 principal balance |
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1. Class A-4 principal balance - beginning of period |
$193,000,000.00 |
2. Class A-4 principal - amount due |
$0.00 |
3. Class A-4 principal - amount paid |
$0.00 |
4. Class A-4 principal balance - end of period |
$193,000,000.00 |
5. Class A Principal Carryover Shortfall with respect to Class A-4 |
$0.00 |
6. Class A-4 unpaid principal with respect to the Distribution Date |
$0.00 |
7. Class A-4. Notes as a percentage of the total Notes outstanding on the Distribution Date |
31.667097% |
8. Class A-4 Notes as a percentage of the Pool Balance on the Distribution Date |
20.727912% |
9. Class A-1, A-2, A-3 and A-4 Notes as a percentage of the Pool Balance on the Distribution Date |
65.455677% |
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