<PAGE>
Exhibit 20.7
Page 1 of 3
Navistar Financial 2000 - A Owner Trust
For the Month of June 2000
Distribution Date of July 17, 2000
Servicer Certificate #5
<TABLE>
<S> <C>
Original Pool Amount $380,843,908.73
Subsequent Receivables (transferred 3/13/00) $74,413,256.03
Subsequent Receivables (transferred 3/20/00) $19,742,835.24
Beginning Pool Balance $436,112,636.19
Beginning Pool Factor 0.9181319
Principal and Interest Collections:
Principal Collected (Incl. Servicer Advance Repay) $10,301,942.75
Interest Collected $3,330,998.17
Additional Deposits:
Repurchase Amounts $0.00
Liquidation Proceeds / Recoveries $117,605.38
Total Additional Deposits $117,605.38
Repos / Chargeoffs $906,266.53
Aggregate Number of Notes Charged Off 45
Total Available Funds $13,750,546.30
Ending Pool Balance $424,904,426.91
Ending Pool Factor 0.8945356
Servicing Fee $363,427.20
Repayment of Servicer Advances $0.00
Reserve Account:
Beginning Balance (see Memo Item) $22,641,149.38
Target Percentage 5.25%
Target Balance $22,307,482.41
Minimum Balance $9,105,143.30
(Release) / Deposit ($333,666.97)
Ending Balance $22,307,482.41
Current Weighted Average APR: 9.342%
Current Weighted Average Remaining Term (months): 49.57
<CAPTION>
Delinquencies Dollars Notes
<S> <C> <C> <C>
Installments: 1 - 30 days $1,805,822.49 1,724
31 - 60 days $438,835.69 358
60+ days $110,309.09 60
Total: $2,354,967.27 1,737
Balances: 60+ days $3,010,242.18 60
Memo Item - Reserve Account
Prior Month $22,895,913.40
+ 3/13 Transfer $129,314.58
+ Invest. Income $0.00
+ Excess Serv. ($384,078.60)
Transfer (to) / from Collections Account $22,641,149.38
</TABLE>
<PAGE>
Exhibit 20.7
Page 2 of 3
Navistar Financial 2000 - A Owner Trust
For the Month of June 2000
<TABLE>
<CAPTION>
NOTES
CLASS A - 1 CLASS A - 2 CLASS A - 3 CLASS A - 4 CLASS B NOTES
<S> <C> <C> <C> <C> <C> <C>
$475,000,000.00 $84,000,000.00 $142,000,000.00 $110,000,000.00 $121,187,500.00 $17,812,500.00
Original Pool Amount
Distributions:
Distribution Percentages 100.00% 0.00% 0.00% 0.00% 0.00%
Coupon 6.0800% 6.8200% 7.2000% 7.3400% 7.4700%
Beginning Pool Balance $436,112,636.19
Ending Pool Balance $424,904,426.91
Collected Principal $10,301,942.75
Collected Interest $3,330,998.17
Charge - Offs $906,266.53
Liquidation Proceeds/Recoveries $117,605.38
Servicing $363,427.20
Cash Transfer from Reserve Acct. $384,078.60
Total Collections Available
for Debt Service $13,771,197.70
Beginning Balance $436,112,636.19 $45,112,636.19 $142,000,000.00 $110,000,000.00 $121,187,500.00 $17,812,500.00
Interest Due $2,562,988.42 $243,808.74 $807,033.33 $660,000.00 $741,263.54 $110,882.81
Interest Paid $2,562,988.42 $243,808.74 $807,033.33 $660,000.00 $741,263.54 $110,882.81
Principal Due $11,208,209.28 $11,208,209.28 $0.00 $0.00 $0.00 $0.00
Principal Paid $11,208,209.28 $11,208,209.28 $0.00 $0.00 $0.00 $0.00
Ending Balance $424,904,426.91 $33,904,426.91 $142,000,000.00 $110,000,000.00 $121,187,500.00 $17,812,500.00
Note / Certificate Pool Factor 0.4036 1.0000 1.0000 1.0000 1.0000
(Ending Balance / Original Pool Amount)
Total Distributions $13,771,197.70 $11,452,018.02 $807,033.33 $660,000.00 $741,263.54 $110,882.81
Interest Shortfall $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Principal Shortfall $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Shortfall $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
(required from Reserve)
Excess Servicing $0.00
(see Memo Item - Reserve Account)
Beginning Reserve Acct Balance $22,641,149.38
(Release) / Draw ($333,666.97)
Ending Reserve Acct Balance $22,307,482.41
</TABLE>
<PAGE>
Exhibit 20.7
Page 3 of 3
Navistar Financial 2000 - A Owner Trust
For the Month of June 2000
Trigger Events:
A) Loss Trigger
B) Delinquency Trigger
C) Noteholders Percent Trigger
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<CAPTION>
5 4 3 2 1
Feb-00 Mar-00 Apr-00 May-00 Jun-00
<S> <C> <C> <C> <C> <C>
Beginning Pool Balance $380,843,908.73 $467,349,179.28 $457,574,282.66 $448,567,681.23 $436,112,636.19
A) Loss Trigger:
Principal of Contracts
Charged Off $36,194.38 $796,090.42 $313,224.38 $893,882.71 $906,266.53
Recoveries $0.00 $0.00 $189,308.57 $105,252.96 $117,605.38
Total Charged Off (Months 5, 4, 3) $1,145,509.18
Total Recoveries (Months 3, 2, 1) $412,166.91
Net Loss / (Recoveries) for 3 Mos $733,342.27 (a)
Total Balance (Months 5, 4, 3) $1,305,767,370.67 (b)
Loss Ratio Annualized [(a/b) * (12)] 0.6739%
Trigger: Is Ratio > 1.5% No
Apr-00 May-00 Jun-00
B) Delinquency Trigger: $3,976,133.59 $5,534,102.80 $3,010,242.18
Balance delinquency 60+ days 0.86896% 1.23373% 0.69024%
As % of Beginning Pool Balance 0.64229% 0.92224% 0.93098%
Three Month Average
Trigger: Is Average > 2.0% No
C) Noteholders Percent Trigger: 4.6963%
Ending Reserve Account Balance
not less than 1% of Initial Aggregate
Receivables Balance
Trigger: Is Minimum < 1.0% No
</TABLE>
Navistar Financial Corporation
by: /s/ R. W. Cain
R. W. Cain
Vice President and Treasurer
