EX-20.18 19 a04-9257_1ex20d18.htm EX-20.18

Exhibit 20.18

 

CAPITAL ONE MASTER TRUST (COMT)

Trust Excess Spread Analysis - July 2004

 

Capital One Master Trust (COMT)

 

Series

 

COMT 1998-1

 

COMT 1999-3

 

COMT 2000-2

 

COMT 2000-3

 

Size

 

$

591 MM

 

$

500 MM

 

$

750 MM

 

$

1000 MM

 

Expected Maturity (Class A)

 

04/15/2008

 

07/17/2006

 

06/15/2005

 

08/15/2007

 

 

 

 

 

 

 

 

 

 

 

Gross Monthly Payment Rate

 

16.58

%

16.58

%

16.58

%

16.58

%

Delinquency 30 to 59 days

 

1.39

%

1.39

%

1.39

%

1.39

%

 60 to 89 days

 

0.92

%

0.92

%

0.92

%

0.92

%

 90 + days

 

1.89

%

1.89

%

1.89

%

1.89

%

 

Excess Spread Analysis

 

Series

 

COMT 1998-1

 

COMT 1999-3

 

COMT 2000-2

 

COMT 2000-3

 

Portfolio Yield

 

18.97

%

18.97

%

18.97

%

18.97

%

Less: (Wt. Avg.) Coupon

 

6.05

%

2.04

%

7.26

%

2.06

%

SVC Fees

 

1.50

%

1.50

%

2.00

%

2.00

%

Net Charge-offs

 

3.89

%

3.89

%

3.89

%

3.89

%

 

 

 

 

 

 

 

 

 

 

Excess Spread:

Jul-04

 

 

7.53

%

11.54

%

5.82

%

11.02

%

 

Jun-04

 

 

6.54

%

10.48

%

4.81

%

9.97

%

 

May-04

 

 

6.39

%

10.35

%

4.64

%

9.83

%

3-Mo Avg Excess Spread

 

6.82

%

10.79

%

5.09

%

10.27

%

 


 

Capital One Master Trust (COMT)

 

Series

 

COMT 2000-4

 

COMT 2001-1

 

COMT 2001-2

 

COMT 2001-3

 

Size

 

$

1200 MM

 

$

1200 MM

 

$

1200 MM

 

$

750 MM

 

Expected Maturity (Class A)

 

10/17/2005

 

02/15/2008

 

03/15/2006

 

05/15/2006

 

 

 

 

 

 

 

 

 

 

 

Gross Monthly Payment Rate

 

16.58

%

16.58

%

16.58

%

16.58

%

Delinquency 30 to 59 days

 

1.39

%

1.39

%

1.39

%

1.39

%

 60 to 89 days

 

0.92

%

0.92

%

0.92

%

0.92

%

 90 + days

 

1.89

%

1.89

%

1.89

%

1.89

%

 

Excess Spread Analysis

 

Series

 

COMT 2000-4

 

COMT 2001-1

 

COMT 2001-2

 

COMT 2001-3

 

Portfolio Yield

 

18.97

%

18.97

%

18.97

%

18.97

%

Less: (Wt. Avg.) Coupon

 

5.89

%

1.57

%

4.95

%

4.96

%

SVC Fees

 

2.00

%

2.00

%

2.00

%

2.00

%

Net Charge-offs

 

3.89

%

3.89

%

3.89

%

3.89

%

 

 

 

 

 

 

 

 

 

 

Excess Spread:

Jul-04

 

 

7.19

%

11.51

%

8.13

%

8.12

%

 

Jun-04

 

 

6.24

%

10.52

%

7.18

%

7.16

%

 

May-04

 

 

6.11

%

10.42

%

7.05

%

7.02

%

3-Mo Avg Excess Spread

 

6.51

%

10.82

%

7.45

%

7.43

%

 


 

Capital One Master Trust (COMT)

 

Series

 

COMT 2001-5

 

COMT 2001-6

 

COMT 2001-7

 

COMT 2001-8

 

Size

 

$

1000 MM

 

$

1300 MM

 

$

1000 MM

 

$

1000 MM

 

Expected Maturity (Class A)

 

08/15/2006

 

08/15/2008

 

10/15/2004

 

10/16/2006

 

 

 

 

 

 

 

 

 

 

 

Gross Monthly Payment Rate

 

16.58

%

16.58

%

16.58

%

16.58

%

Delinquency 30 to 59 days

 

1.39

%

1.39

%

1.39

%

1.39

%

 60 to 89 days

 

0.92

%

0.92

%

0.92

%

0.92

%

 90 + days

 

1.89

%

1.89

%

1.89

%

1.89

%

 

Excess Spread Analysis

 

Series

 

COMT 2001-5

 

COMT 2001-6

 

COMT 2001-7

 

COMT 2001-8

 

Portfolio Yield

 

18.97

%

18.97

%

18.97

%

18.97

%

Less: (Wt. Avg.) Coupon

 

4.83

%

1.89

%

3.61

%

4.26

%

SVC Fees

 

2.00

%

2.00

%

2.00

%

2.00

%

Net Charge-offs

 

3.89

%

3.89

%

3.89

%

3.89

%

 

 

 

 

 

 

 

 

 

 

Excess Spread:

Jul-04

 

 

8.25

%

11.19

%

9.47

%

8.82

%

 

Jun-04

 

 

7.28

%

10.15

%

8.50

%

7.85

%

 

May-04

 

 

7.15

%

10.02

%

8.37

%

7.72

%

3-Mo Avg Excess Spread

 

7.56

%

10.46

%

8.78

%

8.13

%

 


 

Capital One Master Trust (COMT)

 

Series

 

COMT 2002-1

 

COMT 2002-2

 

COMT 2002-3

 

COMT 2002-4

 

Size

 

$

1000 MM

 

$

620 MM

 

$

1350 MM

 

$

750 MM

 

Expected Maturity (Class A)

 

01/15/2009

 

03/15/2007

 

04/15/2005

 

05/15/2007

 

 

 

 

 

 

 

 

 

 

 

Gross Monthly Payment Rate

 

16.58

%

16.58

%

16.58

%

16.58

%

Delinquency 30 to 59 days

 

1.39

%

1.39

%

1.39

%

1.39

%

 60 to 89 days

 

0.92

%

0.92

%

0.92

%

0.92

%

 90 + days

 

1.89

%

1.89

%

1.89

%

1.89

%

 

 

 

 

 

 

 

 

 

 

Excess Spread Analysis

 

 

 

 

 

 

 

 

 

 

Series

 

COMT 2002-1

 

COMT 2002-2

 

COMT 2002-3

 

COMT 2002-4

 

Portfolio Yield

 

18.97

%

18.97

%

18.97

%

18.97

%

Less: (Wt. Avg.) Coupon

 

1.60

%

1.53

%

1.73

%

4.54

%

SVC Fees

 

2.00

%

2.00

%

2.00

%

2.00

%

Net Charge-offs

 

3.89

%

3.89

%

3.89

%

3.89

%

 

 

 

 

 

 

 

 

 

 

Excess Spread:

Jul-04

 

 

11.48

%

11.55

%

11.35

%

8.54

%

 

Jun-04

 

 

10.49

%

10.56

%

10.32

%

7.58

%

 

May-04

 

 

10.39

%

10.46

%

10.19

%

7.45

%

3-Mo Avg Excess Spread

 

10.79

%

10.85

%

10.62

%

7.86

%

 


 

CAPITAL ONE MASTER TRUST (COMT)

 

(*) This material is for informational purposes only and is not an offer of securities for sale in the United States.  These securities  will not be and have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States absent  registration or an applicable exemption from the registration requirements.

 

 

Capital One Master Trust performance statistics are also available at the Capital One web site: http://www.capitalone.com/about/invest/financials/abs.shtml