EX-20.24 26 w83428exv20w24.txt TRUST EXCESS SPREAD ANALYSIS
------------------------------------------------------------------------------------------------------------------------------------ CAPITAL ONE MASTER TRUST Trust Excess Spread Analysis JANUARY-03 Card Trust COMT 96-3 COMT 98-1 Deal Size $500MM $591MM Expected Maturity(Class A): 1/15/2004 4/15/2008 ----------------------------------------------------------------------------------------------------------------------------------- Portfolio Yield 18.27% 18.27% LESS: (Wt Avg) Coupon 1.33% 6.06% SVC Fees 1.50% 1.50% Net Charge-Offs 5.30% 5.30% Excess Spread: Jan-03 10.14% 5.41% Dec-02 11.40% 6.98% Nov-02 11.14% 6.61% 3-Mo Avg Excess Spread 10.89% 6.33% ------------------------------------------------------------------------------------------------------------------------------------ Delinquents: 30 to 59 days 1.73% 1.73% 60 to 89 days 1.19% 1.19% 90+ days 2.69% 2.69% Gross Monthly Payment Rate 17.09% 17.09% ------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------ CAPITAL ONE MASTER TRUST Trust Excess Spread Analysis January-03 Card Trust COMT 98-4 COMT 99-1 Deal Size $750MM $625MM Expected Maturity(Class A): 11/15/2003 05/15/2004 ------------------------------------------------------------------------------------------------------------------------------------ Portfolio Yield 18.27% 18.27% LESS: (Wt Avg) Coupon 4.98% 1.73% SVC Fees 1.50% 1.50% Net Charge-Offs 5.30% 5.30% Excess Spread: Jan-03 6.49% 9.74% Dec-02 8.07% 10.94% Nov-02 7.69% 10.69% 3-Mo Avg Excess Spread 7.41% 10.45% ------------------------------------------------------------------------------------------------------------------------------------ Delinquents: 30 to 59 days 1.73% 1.73% 60 to 89 days 1.19% 1.19% 90+ days 2.69% 2.69% Gross Monthly Payment Rate 17.09% 17.09% ------------------------------------------------------------------------------------------------------------------------------------
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------------------------------------------------------------------------------------------------------------------------------------ CAPITAL ONE MASTER TRUST Trust Excess Spread Analysis January-03 Card Trust COMT 99-3 COMT 00-1 Deal Size $500MM $600MM Expected Maturity(Class A): 7/17/2006 02/18/2003 ------------------------------------------------------------------------------------------------------------------------------------ Portfolio Yield 18.27% 18.27% LESS: (Wt Avg) Coupon 1.89% 7.16% SVC Fees 1.50% 1.50% Net Charge-Offs 5.30% 5.30% Excess Spread: Jan-03 9.58% 4.30% Dec-02 10.77% 5.85% Nov-02 10.52% 5.48% 3-Mo Avg Excess Spread 10.29% 5.21% ------------------------------------------------------------------------------------------------------------------------------------ Delinquents: 30 to 59 days 1.73% 1.73% 60 to 89 days 1.19% 1.19% 90+ days 2.69% 2.69% Gross Monthly Payment Rate 17.09% 17.09% ------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------ CAPITAL ONE MASTER TRUST Trust Excess Spread Analysis January-03 Card Trust COMT 00-2 COMT 00-3 Deal Size $750MM $1000MM Expected Maturity(Class A): 06/15/2005 08/15/2007 ------------------------------------------------------------------------------------------------------------------------------------ Portfolio Yield 18.27% 18.27% LESS: (Wt Avg) Coupon 7.26% 1.90% SVC Fees 2.00% 2.00% Net Charge-Offs 5.30% 5.30% Excess Spread: Jan-03 3.70% 9.07% Dec-02 5.25% 10.25% Nov-02 4.88% 10.00% 3-Mo Avg Excess Spread 4.61% 9.77% ------------------------------------------------------------------------------------------------------------------------------------ Delinquents: 30 to 59 days 1.73% 1.73% 60 to 89 days 1.19% 1.19% 90+ days 2.69% 2.69% Gross Monthly Payment Rate 17.09% 17.09% ------------------------------------------------------------------------------------------------------------------------------------
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------------------------------------------------------------------------------------------------------------------------------------ CAPITAL ONE MASTER TRUST Trust Excess Spread Analysis January-03 Card Trust COMT 00-4 COMT 00-5 Deal Size $1200MM $1250MM Expected Maturity(Class A): 10/17/2005 10/15/2003 ------------------------------------------------------------------------------------------------------------------------------------ Portfolio Yield 18.27% 18.27% LESS: (Wt Avg) Coupon 5.91% 5.82% SVC Fees 2.00% 2.00% Net Charge-Offs 5.30% 5.30% Excess Spread: Jan-03 5.06% 5.15% Dec-02 6.65% 6.74% Nov-02 6.27% 6.37% 3-Mo Avg Excess Spread 5.99% 6.09% ------------------------------------------------------------------------------------------------------------------------------------ Delinquents: 30 to 59 days 1.73% 1.73% 60 to 89 days 1.19% 1.19% 90+ days 2.69% 2.69% Gross Monthly Payment Rate 17.09% 17.09% ------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------ CAPITAL ONE MASTER TRUST Trust Excess Spread Analysis January-03 Card Trust COMT 01-1 COMT 01-2 Deal Size $1200MM $1200MM Expected Maturity(Class A): 2/15/2008 3/15/2006 ------------------------------------------------------------------------------------------------------------------------------------ Portfolio Yield 18.27% 18.27% LESS: (Wt Avg) Coupon 1.45% 4.97% SVC Fees 2.00% 2.00% Net Charge-Offs 5.30% 5.30% Excess Spread: Jan-03 9.51% 5.99% Dec-02 10.78% 7.59% Nov-02 10.52% 7.21% 3-Mo Avg Excess Spread 10.27% 6.93% ------------------------------------------------------------------------------------------------------------------------------------ Delinquents: 30 to 59 days 1.73% 1.73% 60 to 89 days 1.19% 1.19% 90+ days 2.69% 2.69% Gross Monthly Payment Rate 17.09% 17.09% ------------------------------------------------------------------------------------------------------------------------------------
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------------------------------------------------------------------------------------------------------------------------------------ CAPITAL ONE MASTER TRUST Trust Excess Spread Analysis January-03 Card Trust COMT 01-3 COMT 01-4 Deal Size $750MM $1000MM Expected Maturity(Class A): 5/15/2006 6/15/2004 ------------------------------------------------------------------------------------------------------------------------------------ Portfolio Yield 18.27% 18.27% LESS: (Wt Avg) Coupon 4.98% 1.40% SVC Fees 2.00% 2.00% Net Charge-Offs 5.30% 5.30% Excess Spread: Jan-03 5.98% 9.56% Dec-02 7.57% 10.87% Nov-02 7.20% 10.87% 3-Mo Avg Excess Spread 6.92% 10.43% ------------------------------------------------------------------------------------------------------------------------------------ Delinquents: 30 to 59 days 1.73% 1.73% 60 to 89 days 1.19% 1.19% 90+ days 2.69% 2.69% Gross Monthly Payment Rate 17.09% 17.09% ------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------ CAPITAL ONE MASTER TRUST Trust Excess Spread Analysis January-03 Card Trust COMT 01-5 COMT 01-6 Deal Size $1000MM $1300MM Expected Maturity(Class A): 8/15/2006 8/15/2008 ------------------------------------------------------------------------------------------------------------------------------------ Portfolio Yield 18.27% 18.27% LESS: (Wt Avg) Coupon 4.85% 1.74% SVC Fees 2.00% 2.00% Net Charge-Offs 5.30% 5.30% Excess Spread: Jan-03 6.11% 9.23% Dec-02 7.70% 10.43% Nov-02 7.33% 10.18% 3-Mo Avg Excess Spread 7.05% 9.95% ------------------------------------------------------------------------------------------------------------------------------------ Delinquents: 30 to 59 days 1.73% 1.73% 60 to 89 days 1.19% 1.19% 90+ days 2.69% 2.69% Gross Monthly Payment Rate 17.09% 17.09% ------------------------------------------------------------------------------------------------------------------------------------
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------------------------------------------------------------------------------------------------------------------------------------ CAPITAL ONE MASTER TRUST Trust Excess Spread Analysis January-03 Card Trust COMT 01-7 COMT 01-8 Deal Size $1000MM $1000MM Expected Maturity(Class A): 10/15/2004 10/16/2006 ------------------------------------------------------------------------------------------------------------------------------------ Portfolio Yield 18.27% 18.27% LESS: (Wt Avg) Coupon 3.63% 4.29% SVC Fees 2.00% 2.00% Net Charge-Offs 5.30% 5.30% Excess Spread: Jan-03 7.33% 6.68% Dec-02 8.92% 8.27% Nov-02 8.55% 7.90% 3-Mo Avg Excess Spread 8.27% 7.62% ------------------------------------------------------------------------------------------------------------------------------------ Delinquents: 30 to 59 days 1.73% 1.73% 60 to 89 days 1.19% 1.19% 90+ days 2.69% 2.69% Gross Monthly Payment Rate 17.09% 17.09% ------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------ CAPITAL ONE MASTER TRUST Trust Excess Spread Analysis January-03 Card Trust COMT 02-1 COMT 02-2 Deal Size $985MM $620MM Expected Maturity(Class A): 1/15/2009 3/15/2007 ------------------------------------------------------------------------------------------------------------------------------------ Portfolio Yield 18.27% 18.27% LESS: (Wt Avg) Coupon 1.48% 1.41% SVC Fees 2.00% 2.00% Net Charge-Offs 5.30% 5.30% Excess Spread: Jan-03 9.49% 9.55% Dec-02 10.75% 10.82% Nov-02 10.49% 10.55% 3-Mo Avg Excess Spread 10.24% 10.31% ------------------------------------------------------------------------------------------------------------------------------------ Delinquents: 30 to 59 days 1.73% 1.73% 60 to 89 days 1.19% 1.19% 90+ days 2.69% 2.69% Gross Monthly Payment Rate 17.09% 17.09% ------------------------------------------------------------------------------------------------------------------------------------
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------------------------------------------------------------------------------------------------------------------------------------ CAPITAL ONE MASTER TRUST Trust Excess Spread Analysis January-03 Card Trust COMT 02-3 COMT 02-4 Deal Size $1350MM $750MM Expected Maturity(Class A): 4/15/2005 5/15/2007 ------------------------------------------------------------------------------------------------------------------------------------ Portfolio Yield 18.27% 18.27% LESS: (Wt Avg) Coupon 1.58% 4.56% SVC Fees 2.00% 2.00% Net Charge-Offs 5.30% 5.30% Excess Spread: Jan-03 9.38% 6.40% Dec-02 10.60% 8.00% Nov-02 10.35% 7.62% 3-Mo Avg Excess Spread 10.11% 7.34% ------------------------------------------------------------------------------------------------------------------------------------ Delinquents: 30 to 59 days 1.73% 1.73% 60 to 89 days 1.19% 1.19% 90+ days 2.69% 2.69% Gross Monthly Payment Rate 17.09% 17.09% ------------------------------------------------------------------------------------------------------------------------------------
Page 58 of 59 CAPITAL ONE MASTER TRUST CAPITAL ONE MASTER TRUST PERFORMANCE STATISTICS ARE ALSO AVAILABLE AT THE CAPITAL ONE WEB SITE: HTTP://WWW.CAPITALONE.COM/ABOUT/INVEST/FINANCIALS/ABS.SHTML * REPRESENTS NON-US DENOMINATED TRANSACTIONS. Page 59 of 59