Loan Rates. Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Range of Loan Initial Balance Cut-Off Date Rates(%) Subgroup 2 Balance HELOCs 0.001% to 8.000% 161 $15,053,324.77 85.40% 8.001% to 9.000% 3 219,328.02 1.24% 9.001% to 10.000% 13 686,075.21 3.89% 10.001% to 11.000% 10 791,314.45 4.49% 11.001% to 12.000% 6 397,505.30 2.26% 12.001% to 13.000% 2 139,446.62 0.79% 13.001% to 14.000% 3 339,883.64 1.93% Total 198 $17,626,878.01 100.00% The weighted average Loan Rate of the Initial Subgroup 2 HELOCs as of the Cut-Off Date is approximately 7.27%. Recipients of these Computational Materials must read and acknowledge the attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. BEAR XXXXXXX ------------------------------------------------------------------------------- GMACM Home Equity Loan Trust 2000-HE1 ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT ------------------------------------------------------------------------------- Fully Indexed Gross Margin Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Range of Fully Indexed Initial Balance Cut-Off Date Gross Margins(%) Subgroup 2 Balance HELOCs Less 0.000% 1 $20,500.00 0.12% than 0.000% to 1.000% 126 12,157,132.77 68.97% 1.001% to 2.000% 42 2,861,822.56 16.24% 2.001% to 3.000% 14 1,126,806.54 6.39% 3.001% to 4.000% 10 991,365.56 5.62% 4.001% to 5.000% 5 469,250.58 2.66% Total 198 $17,626,878.01 100.00% The weighted average fully indexed gross margin of the Initial Subgroup 2 HELOCs as of the Cut-Off Date is approximately 1.14% per annum. Credit Utilization Rates Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Range of Credit Initial Balance Cut-Off Date Utilization Rates (%) Subgroup 2 Balance HELOCs 0.01% to 30.00% 52 $960,807.51 5.45% 30.01% to 35.00% 10 633,580.26 3.59% 35.01% to 40.00% 4 211,540.28 1.20% 40.01% to 45.00% 6 423,930.28 2.41% 45.01% to 50.00% 4 326,272.78 1.85% 50.01% to 55.00% 6 433,135.42 2.46% 55.01% to 60.00% 7 737,180.24 4.18% 60.01% to 65.00% 7 916,775.70 5.20% 65.01% to 70.00% 5 510,677.35 2.90% 70.01% to 75.00% 7 689,350.36 3.91% 75.01% to 80.00% 7 1,045,158.49 5.93% 80.01% to 85.00% 8 984,307.99 5.58% 85.01% to 90.00% 3 356,581.94 2.02% 90.01% to 95.00% 6 741,767.76 4.21% 95.01% to 100.00% 66 8,655,811.65 49.11% Total 198 $17,626,878.01 100.00% The weighted average Credit Utilization Rate based on the Cut-Off Date Credit Limit of the Initial Subgroup 2 HELOCs as of the Cut-Off Date is approximately 80.00%. Recipients of these Computational Materials must read and acknowledge the attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. BEAR XXXXXXX ------------------------------------------------------------------------------- GMACM Home Equity Loan Trust 2000-HE1 ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT ------------------------------------------------------------------------------- Credit Limits Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Range of Credit Limits Initial Balance Cut-Off Date ($) Subgroup 2 Balance HELOCs $0.01 To $25,000.00 1 $12,000.00 0.07% $25,000.01 To $50,000.00 25 690,462.06 3.92% $50,000.01 To $75,000.00 12 612,005.29 3.47% $75,000.01 To $100,000.00 37 1,882,041.37 10.68% $100,000.01To $125,000.00 2 241,649.60 1.37% $125,000.01To $150,000.00 56 5,218,915.43 29.61% $150,000.01To $175,000.00 8 825,565.86 4.68% $175,000.01To $200,000.00 20 1,882,564.77 10.68% $200,000.01To $225,000.00 9 1,563,706.64 8.87% $225,000.01To $250,000.00 19 2,507,676.31 14.23% $250,000.01To $275,000.00 2 511,302.89 2.90% $275,000.01To $300,000.00 2 94,224.69 0.53% $425,000.01To $450,000.00 1 27,416.33 0.16% $575,000.01To $600,000.00 1 325,175.50 1.84% $650,000.01To $675,000.00 1 500,000.00 2.84% $675,000.01To $700,000.00 1 236,860.05 1.34% $775,000.01To $800,000.00 1 495,311.22 2.81% Total 198 $17,626,878.01 100.00% The average of the Credit Limits of the Initial Subgroup 2 HELOCs as of the Cut-Off Date is approximately $150,210.61. Maximum Loan Rates Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Maximum Loan Rates Initial Balance Cut-Off Date (%) Subgroup 2 Balance HELOCs 14.001% to 15.000% 1 $45,282.85 0.26% 15.001% to 16.000% 1 90,499.65 0.51% 17.001% to 18.000% 76 5,551,525.84 31.49% 18.001% to 19.000% 120 11,939,569.67 67.74% Total 198 $17,626,878.01 100.00% The weighted average Maximum Loan Rate of the Initial Subgroup 2 HELOCs as of the Cut-Off Date is approximately 18.32%. Months Remaining to Scheduled Maturity Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Range of Months Initial Balance Cut-Off Date Subgroup 2 Balance HELOCs 61 to 120 132 $11,474,882.33 65.10% 121 to 180 15 1,522,270.25 8.64% 241 to 300 50 4,479,725.43 25.41% 301 + 1 150,000.00 0.85% Total 198 $17,626,878.01 100.00% The weighted average months remaining to scheduled maturity of the Initial Subgroup 2 HELOCs as of the Cut-Off Date is approximately 170 months. Recipients of these Computational Materials must read and acknowledge the attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. BEAR XXXXXXX ------------------------------------------------------------------------------- GMACM Home Equity Loan Trust 2000-HE1 ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT ------------------------------------------------------------------------------- Origination Year Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Origination Initial Balance Cut-Off Date Year Subgroup 2 Balance HELOCs 1993 1 $6,450.00 0.04% 1998 3 31,306.00 0.18% 1999 171 15,897,129.41 90.19% 2000 23 1,691,992.60 9.60% Total 198l $17,626,878.01 100.00% Lien Priority Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Lien Initial Balance Cut-Off Date Position Subgroup 2 Balance HELOCs First 1 $136,000.00 0.77% Second 197 17,490,878.01 99.23% Total 198 $17,626,878.01 100.00% Debt-to-Income Ratios Percent of Initial Number of Subgroup 2 Initial Cut-Off Date HELOCs by Range of Subgroup 2 Balance Cut-Off Date Debt-to-Income Ratios HELOCs Balance (%) 0.00% 9.99% 1 $248,209.28 1.41% 10.00% 19.99% 12 1,562,187.01 8.86% 20.00% 29.99% 31 1,929,247.31 10.94% 30.00% 39.99% 66 6,143,095.78 34.85% 40.00% 49.99% 74 6,242,117.66 35.41% 50.00% 59.99% 9 711,676.74 4.04% 60.00% 69.99% 4 640,344.23 3.63% 80.00% 89.99% 1 150,000.00 0.85% Total 198 $17,626,878.01 100.00% Recipients of these Computational Materials must read and acknowledge the attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. BEAR XXXXXXX ------------------------------------------------------------------------------- GMACM Home Equity Loan Trust 2000-HE1 ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT ------------------------------------------------------------------------------- Teaser Expiration Month ------------------ -------------- Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Teaser Expiration Initial Balance Cut-Off Date Month Subgroup 2 Balance HELOCs No Teaser Date 37 $2,573,553.24 14.60% Date February 23 1,892,448.44 10.74% 2000 March 2000 54 5,289,050.17 30.01% April 2000 23 1,763,903.70 10.01% May 2000 14 2,048,329.64 11.62% June 2000 34 3,133,039.39 17.77% July 2000 13 926,553.43 5.26% Total 198l $17,626,878.01 100.00% Documentation Type Percent of Initial Subgroup 2 Number of Cut-Off HELOCs by Documentation Initial Date Balance Cut-Off Date Subgroup 2 Balance HELOCs Standard 109 $10,406,116.22 59.04% Select 43 4,808,208.82 27.28% Family First Direct 25 1,339,176.94 7.60% No Income Verification 10 451,443.80 2.56% Streamline 4 373,626.47 2.12% GM EXPANDED FAM 1 146,226.13 0.83% No Income No Appraisal 4 90,679.63 0.51% Super Express 2 11,400.00 0.06% Total 198 $17,626,878.01 100.00% Recipients of these Computational Materials must read and acknowledge the attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. BEAR XXXXXXX ------------------------------------------------------------------------------- GMACM Home Equity Loan Trust 2000-HE1 ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT ------------------------------------------------------------------------------- Initial HEL Characteristics Set forth below is a description of certain characteristics of the Initial HELs as of the Cut-Off Date. Unless otherwise specified, all principal balances of the Initial HELs are as of the Cut-Off Date and are rounded to the nearest dollar. All percentages are approximate percentages by aggregate principal balance as of the Cut-Off Date (except as indicated otherwise).
Appears in 1 contract
Samples: Computational Materials (Residential Asset Mortgage Products Inc)
Loan Rates. Percent of Initial Subgroup 2 HELs by Number of Cut-Off Date HELOCs by Range of Loan Initial Balance Cut-Off Date Rates(%Range of Junior Ratios (%) Subgroup 2 Initial HELs Balance HELOCs Balance __________________________ ____________ ___________ _______________ 0.001% to 8.000% 161 30 $15,053,324.77 85.40335,094.26 0.84% 8.001% to 9.000% 3 219,328.02 1.2418 569,409.50 1.43% 9.001% to 10.000% 13 686,075.21 3.89605 16,270,524.75 40.74% 10.001% to 11.000% 10 791,314.45 4.49536 13,983,747.56 35.02% 11.001% to 12.000% 6 397,505.30 2.26264 6,596,577.75 16.52% 12.001% to 13.000% 2 139,446.62 0.7981 2,119,921.04 5.31% 13.001% to 14.000% 3 339,883.64 1.931 27,800.00 0.07% 16.001% to 17.000% 1 29,993.64 0.08% ______ _____________ _______ Total 198 1,536 $17,626,878.01 39,933,068.50 100.00% The weighted average Loan Rate of the Initial Subgroup 2 HELOCs as of the Cut-Off Date is approximately 7.2710.41%. Recipients of these Computational Materials must read and acknowledge the attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. BEAR XXXXXXX ------------------------------------------------------------------------------- 12 ------------------------------------------------------------------------------ GMACM Home Equity Loan Trust 2000-HE1 ------------------------------------------------------------------------------- ------------------------------------------------------------------------------ THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT ------------------------------------------------------------------------------- Fully Indexed Gross Margin Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Range of Fully Indexed Initial Balance Cut-Off Date Gross Margins(%) Subgroup 2 Balance HELOCs Less 0.000% 1 $20,500.00 0.12% than 0.000% to 1.000% 126 12,157,132.77 68.97% 1.001% to 2.000% 42 2,861,822.56 16.24% 2.001% to 3.000% 14 1,126,806.54 6.39% 3.001% to 4.000% 10 991,365.56 5.62% 4.001% to 5.000% 5 469,250.58 2.66% Total 198 $17,626,878.01 100.00% The weighted average fully indexed gross margin of the Initial Subgroup 2 HELOCs as of the Cut-Off Date is approximately 1.14% per annum. Credit Utilization Rates Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Range of Credit Initial Balance Cut-Off Date Utilization Rates (%) Subgroup 2 Balance HELOCs 0.01% to 30.00% 52 $960,807.51 5.45% 30.01% to 35.00% 10 633,580.26 3.59% 35.01% to 40.00% 4 211,540.28 1.20% 40.01% to 45.00% 6 423,930.28 2.41% 45.01% to 50.00% 4 326,272.78 1.85% 50.01% to 55.00% 6 433,135.42 2.46% 55.01% to 60.00% 7 737,180.24 4.18% 60.01% to 65.00% 7 916,775.70 5.20% 65.01% to 70.00% 5 510,677.35 2.90% 70.01% to 75.00% 7 689,350.36 3.91% 75.01% to 80.00% 7 1,045,158.49 5.93% 80.01% to 85.00% 8 984,307.99 5.58% 85.01% to 90.00% 3 356,581.94 2.02% 90.01% to 95.00% 6 741,767.76 4.21% 95.01% to 100.00% 66 8,655,811.65 49.11% Total 198 $17,626,878.01 100.00% The weighted average Credit Utilization Rate based on the Cut-Off Date Credit Limit of the Initial Subgroup 2 HELOCs as of the Cut-Off Date is approximately 80.00%. Recipients of these Computational Materials must read and acknowledge the attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. BEAR XXXXXXX ------------------------------------------------------------------------------- GMACM Home Equity Loan Trust 2000-HE1 ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT ------------------------------------------------------------------------------- Credit Limits Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Range of Credit Limits Initial Balance Cut-Off Date ($) Subgroup 2 Balance HELOCs $0.01 To $25,000.00 1 $12,000.00 0.07% $25,000.01 To $50,000.00 25 690,462.06 3.92% $50,000.01 To $75,000.00 12 612,005.29 3.47% $75,000.01 To $100,000.00 37 1,882,041.37 10.68% $100,000.01To $125,000.00 2 241,649.60 1.37% $125,000.01To $150,000.00 56 5,218,915.43 29.61% $150,000.01To $175,000.00 8 825,565.86 4.68% $175,000.01To $200,000.00 20 1,882,564.77 10.68% $200,000.01To $225,000.00 9 1,563,706.64 8.87% $225,000.01To $250,000.00 19 2,507,676.31 14.23% $250,000.01To $275,000.00 2 511,302.89 2.90% $275,000.01To $300,000.00 2 94,224.69 0.53% $425,000.01To $450,000.00 1 27,416.33 0.16% $575,000.01To $600,000.00 1 325,175.50 1.84% $650,000.01To $675,000.00 1 500,000.00 2.84% $675,000.01To $700,000.00 1 236,860.05 1.34% $775,000.01To $800,000.00 1 495,311.22 2.81% Total 198 $17,626,878.01 100.00% The average of the Credit Limits of the Initial Subgroup 2 HELOCs as of the Cut-Off Date is approximately $150,210.61. Maximum Loan Rates Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Maximum Loan Rates Initial Balance Cut-Off Date (%) Subgroup 2 Balance HELOCs 14.001% to 15.000% 1 $45,282.85 0.26% 15.001% to 16.000% 1 90,499.65 0.51% 17.001% to 18.000% 76 5,551,525.84 31.49% 18.001% to 19.000% 120 11,939,569.67 67.74% Total 198 $17,626,878.01 100.00% The weighted average Maximum Loan Rate of the Initial Subgroup 2 HELOCs as of the Cut-Off Date is approximately 18.32%. ------------------------------------------------------------------------------ Months Remaining to Scheduled Maturity Percent of Initial Subgroup 2 HELs Number of Cut-Off Date HELOCs by Cut-Off Date Range of Months Initial HELs Balance Cut-Off Date Subgroup 2 Balance HELOCs _______________ ____________ _____________ ______________ 0 to 60 169 $2,549,072.00 6.38% 61 to 120 132 $11,474,882.33 65.10405 8,571,768.72 21.47% 121 to 180 15 1,522,270.25 8.64753 21,803,986.42 54.60% 181 to 240 188 6,220,002.76 15.58% 241 to 300 50 4,479,725.43 25.417 213,436.47 0.53% 301 + 1 150,000.00 0.8514 574,802.13 1.44% _____ _____________ ______ Total 198 1,536 $17,626,878.01 39,933,068.50 100.00% The weighted average months remaining to scheduled maturity of the Initial Subgroup 2 HELOCs as of the Cut-Off Date is approximately 170 162 months. Recipients of these Computational Materials must read and acknowledge the attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. BEAR XXXXXXX ------------------------------------------------------------------------------- GMACM Home Equity Loan Trust 2000-HE1 ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT ------------------------------------------------------------------------------- Origination Year Lien Priority Percent of Initial Subgroup 2 HELs Number of Cut-Off Date HELOCs by Origination Initial Balance Cut-Off Date Year Subgroup 2 Lien Position Initial HELs Balance HELOCs 1993 1 Balance _______________ ______________ _____________ ______________ First 32 $6,450.00 0.041,063,235.31 2.66% 1998 3 31,306.00 0.18Second 1,504 38,869,833.19 97.34% 1999 171 15,897,129.41 90.19% 2000 23 1,691,992.60 9.60% _____ _____________ ______ Total 198l 1,536 $17,626,878.01 39,933,068.50 100.00% Lien Priority Origination Year Percent of Initial Subgroup 2 HELs Number of Cut-Off Date HELOCs by Lien Initial Balance Cut-Off Date Position Subgroup Origination Year Initial HELs Balance Balance ________________ ______________ _____________ ______________ 1997 2 Balance HELOCs First 1 $ 37,867.16 0.09% 1999 1,403 35,907,815.07 89.92% 2000 131 3,987,386.27 9.99% _____ ______________ ______ Total 1,536 $136,000.00 0.77% Second 197 17,490,878.01 99.23% Total 198 $17,626,878.01 39,933,068.50 100.00% Debt-to-Income Ratios Percent of Initial Number of Subgroup 2 Initial Cut-Off Date HELOCs by HELs Range of Subgroup 2 Balance Cut-Off Date Debt-to-Income Number of Cut-Off Date by Cut-Off Date Ratios HELOCs Balance (%) Initial HELs Balance Balance ________________ ______________ _____________ ______________ 0.00% 9.99% 1 6 $248,209.28 1.41180,450.20 0.45% 10.00% 19.99% 12 1,562,187.01 8.8647 1,140,738.56 2.86% 20.00% 29.99% 31 1,929,247.31 10.94258 5,765,240.38 14.44% 30.00% 39.99% 66 6,143,095.78 34.85488 12,424,866.26 31.11% 40.00% 49.99% 74 6,242,117.66 35.41642 17,608,829.31 44.10% 50.00% 59.99% 9 711,676.74 4.0486 2,490,557.96 6.24% 60.00% 69.99% 4 640,344.23 3.639 322,385.83 0.81% 80.00% 89.99% 1 150,000.00 0.85% _____ _____________ _______ Total 198 1,536 $17,626,878.01 39,933,068.50 100.00% Recipients of these Computational Materials must read and acknowledge the attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. BEAR XXXXXXX ------------------------------------------------------------------------------- 13 ------------------------------------------------------------------------------ GMACM Home Equity Loan Trust 2000-HE1 ------------------------------------------------------------------------------- ------------------------------------------------------------------------------ THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT ------------------------------------------------------------------------------- Teaser Expiration Month ------------------ -------------- ------------------------------------------------------------------------------ Documentation Type Percent of Initial Subgroup 2 HELs Number of Cut-Off Date HELOCs by Teaser Expiration Initial Balance Cut-Off Date Month Subgroup 2 Balance HELOCs No Teaser Date 37 $2,573,553.24 14.60% Date February 23 1,892,448.44 10.74% 2000 March 2000 54 5,289,050.17 30.01% April 2000 23 1,763,903.70 10.01% May 2000 14 2,048,329.64 11.62% June 2000 34 3,133,039.39 17.77% July 2000 13 926,553.43 5.26% Total 198l $17,626,878.01 100.00% Documentation Type Percent of Initial Subgroup 2 Number of Cut-Off HELOCs by Documentation Initial Date HELs Balance Cut-Off Date Subgroup 2 Balance HELOCs ________________ ______________ _____________ ______________ Standard 109 980 $10,406,116.22 59.04% Select 43 4,808,208.82 27.28% Family First Direct 25 1,339,176.94 7.60% No Income Verification 10 451,443.80 2.56% Streamline 4 373,626.47 2.12% GM EXPANDED FAM 1 146,226.13 0.8327,240,091.44 68.21% No Income No Appraisal 4 90,679.63 0.51350 7,705,140.22 19.30% No Income Verification 90 2,471,670.73 6.19% Family First Direct 93 1,883,810.91 4.72% Super Express 2 11,400.00 0.0614 308,783.15 0.77% Select 5 223,748.82 0.56% GM Expanded FAM 3 80,057.18 0.20% Streamline 1 19,766.05 0.05% _____ _____________ ______ Total 198 1,536 $17,626,878.01 39,933,068.50 100.00% The information set forth in the preceding sections is based upon information provided by the Seller and tabulated by the Depositor. The Depositor makes no representation as to the accuracy or completeness of such information. Recipients of these Computational Materials must read and acknowledge the attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. ------------------------------------------------------------------------------ GMACM Home Equity Loan Trust 2000-HE1 ------------------------------------------------------------------------------ SENSITIVITY TABLES Class A-3 (to call) ------------------------------------------------------------------------------- PPC HELs 0% 50% 75% 100% 125% 150% 175% ------------------------------------------------------------------------------- Average Life (years) 8.23 4.79 3.78 3.07 2.57 2.20 1.92 Modified Duration (years) 5.55 3.60 2.98 2.51 2.16 1.89 1.68 First Principal Payment 7/25/00 7/25/00 7/25/00 7/25/00 7/25/00 7/25/00 7/25/00 Last Principal Payment 12/25/12 6/25/10 9/25/08 2/25/07 12/25/05 1/25/05 5/25/04 Principal Lockout(months) 4 4 4 4 4 4 4 Principal Window (months) 150 120 99 80 66 55 47 Illustrative Yield @ Par (30/360) 8.02% 7.97% 7.94% 7.90% 7.87% 7.83% 7.80% Class A-3 (to maturity) ------------------------------------------------------------------------------- PPC-HEIs 0% 50% 75% 100% 125% 150% 175% ------------------------------------------------------------------------------- Average Life (years) 8.26 4.92 3.96 3.25 2.74 2.35 2.04 Modified Duration (years) 5.56 3.65 3.06 2.60 2.26 1.98 1.76 First Principal Payment 7/25/00 7/25/00 7/25/00 7/25/00 7/25/00 7/25/00 7/25/00 Last Principal Payment 8/25/13 6/25/13 3/25/13 7/25/12 5/25/11 1/25/10 10/25/08 Principal Lockout(months) 4 4 4 4 4 4 4 Principal Window (months) 158 156 153 145 131 115 100 Illustrative Yield @ Par (30/360) 8.02% 7.98% 7.95% 7.93% 7.90% 7.87% 7.83% Recipients of these Computational Materials must read and acknowledge the attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. BEAR XXXXXXX ------------------------------------------------------------------------------- ------------------------------------------------------------------------------ GMACM Home Equity Loan Trust 2000-HE1 ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION ------------------------------------------------------------------------------ PERCENTAGE OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT ------------------------------------------------------------------------------- Initial HEL Characteristics Set forth below is a description INITIAL CLASS A-3 TERM NOTE BALANCE (1)(2)(3) Payment Date Percentage of certain characteristics of the Initial Balance _________________________________________________ PPC - HELs as of the Cut-Off Date. Unless otherwise specified, all principal balances of the Initial HELs are as of the Cut-Off Date and are rounded 0% 50% 75% 100% 125% 150% 175% _________________________________________________ Initial................... 100 100 100 100 100 100 100 February 2001.............. 96 90 86 83 79 75 71 February 2002.............. 92 75 67 59 51 44 38 February 2003............. 88 62 51 42 34 26 20 February 2004.............. 83 51 39 30 22 16 11 February 2005.............. 77 42 30 21 14 9 5 February 2006.............. 71 34 22 14 9 5 3 February 2007.............. 64 27 16 10 5 3 1 February 2008.............. 57 21 12 6 3 1 * February 2009.............. 49 16 8 4 2 * 0 February 2010.............. 40 11 5 2 1 0 0 February 2011.............. 30 7 3 1 * 0 0 February 2012.............. 19 4 1 * 0 0 0 February 2013.............. 6 1 * 0 0 0 0 Weighted Average Life to the nearest dollar. All percentages are approximate percentages by aggregate principal balance as of the Cut-Off Date 10% call (except as indicated otherwiseyears)........... 8.23 4.79 3.78 3.07 2.57 2.20 1.92 Weighted Average Life to maturity (years).......... 8.26 4.92 3.96 3.25 2.74 2.35 2.04
Appears in 1 contract
Samples: Computational Materials (Residential Asset Mortgage Products Inc)
Loan Rates. Percent of Initial Subgroup 2 HELs Number of Cut-Off Date HELOCs by Range of Loan Initial HELs Balance Cut-Off Date Rates(%) Subgroup 2 Balance HELOCs 0.001% to 8.000% 161 30 $15,053,324.77 85.40335,094.26 0.84% 8.001% to 9.000% 3 219,328.02 1.2418 569,409.50 1.43% 9.001% to 10.000% 13 686,075.21 3.89605 16,270,524.75 40.74% 10.001% to 11.000% 10 791,314.45 4.49536 13,983,747.56 35.02% 11.001% to 12.000% 6 397,505.30 2.26264 6,596,577.75 16.52% 12.001% to 13.000% 2 139,446.62 0.7981 2,119,921.04 5.31% 13.001% to 14.000% 3 339,883.64 1.931 27,800.00 0.07% 16.001% to 17.000% 1 29,993.64 0.08% Total 198 1,536 $17,626,878.01 39,933,068.50 100.00% The weighted average Loan Rate of the Initial Subgroup 2 HELOCs HELs as of the Cut-Off Date is approximately 7.2710.41%. Recipients of these Computational Materials must read and acknowledge the attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. BEAR XXXXXXX ------------------------------------------------------------------------------- GMACM Home Equity Loan Trust 2000-HE1 ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT ------------------------------------------------------------------------------- Fully Indexed Gross Margin Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Range of Fully Indexed Initial Balance Cut-Off Date Gross Margins(%) Subgroup 2 Balance HELOCs Less 0.000% 1 $20,500.00 0.12% than 0.000% to 1.000% 126 12,157,132.77 68.97% 1.001% to 2.000% 42 2,861,822.56 16.24% 2.001% to 3.000% 14 1,126,806.54 6.39% 3.001% to 4.000% 10 991,365.56 5.62% 4.001% to 5.000% 5 469,250.58 2.66% Total 198 $17,626,878.01 100.00% The weighted average fully indexed gross margin of the Initial Subgroup 2 HELOCs as of the Cut-Off Date is approximately 1.14% per annum. Credit Utilization Rates Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Range of Credit Initial Balance Cut-Off Date Utilization Rates (%) Subgroup 2 Balance HELOCs 0.01% to 30.00% 52 $960,807.51 5.45% 30.01% to 35.00% 10 633,580.26 3.59% 35.01% to 40.00% 4 211,540.28 1.20% 40.01% to 45.00% 6 423,930.28 2.41% 45.01% to 50.00% 4 326,272.78 1.85% 50.01% to 55.00% 6 433,135.42 2.46% 55.01% to 60.00% 7 737,180.24 4.18% 60.01% to 65.00% 7 916,775.70 5.20% 65.01% to 70.00% 5 510,677.35 2.90% 70.01% to 75.00% 7 689,350.36 3.91% 75.01% to 80.00% 7 1,045,158.49 5.93% 80.01% to 85.00% 8 984,307.99 5.58% 85.01% to 90.00% 3 356,581.94 2.02% 90.01% to 95.00% 6 741,767.76 4.21% 95.01% to 100.00% 66 8,655,811.65 49.11% Total 198 $17,626,878.01 100.00% The weighted average Credit Utilization Rate based on the Cut-Off Date Credit Limit of the Initial Subgroup 2 HELOCs as of the Cut-Off Date is approximately 80.00%. Recipients of these Computational Materials must read and acknowledge the attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. BEAR XXXXXXX ------------------------------------------------------------------------------- GMACM Home Equity Loan Trust 2000-HE1 ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT ------------------------------------------------------------------------------- Credit Limits Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Range of Credit Limits Initial Balance Cut-Off Date ($) Subgroup 2 Balance HELOCs $0.01 To $25,000.00 1 $12,000.00 0.07% $25,000.01 To $50,000.00 25 690,462.06 3.92% $50,000.01 To $75,000.00 12 612,005.29 3.47% $75,000.01 To $100,000.00 37 1,882,041.37 10.68% $100,000.01To $125,000.00 2 241,649.60 1.37% $125,000.01To $150,000.00 56 5,218,915.43 29.61% $150,000.01To $175,000.00 8 825,565.86 4.68% $175,000.01To $200,000.00 20 1,882,564.77 10.68% $200,000.01To $225,000.00 9 1,563,706.64 8.87% $225,000.01To $250,000.00 19 2,507,676.31 14.23% $250,000.01To $275,000.00 2 511,302.89 2.90% $275,000.01To $300,000.00 2 94,224.69 0.53% $425,000.01To $450,000.00 1 27,416.33 0.16% $575,000.01To $600,000.00 1 325,175.50 1.84% $650,000.01To $675,000.00 1 500,000.00 2.84% $675,000.01To $700,000.00 1 236,860.05 1.34% $775,000.01To $800,000.00 1 495,311.22 2.81% Total 198 $17,626,878.01 100.00% The average of the Credit Limits of the Initial Subgroup 2 HELOCs as of the Cut-Off Date is approximately $150,210.61. Maximum Loan Rates Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Maximum Loan Rates Initial Balance Cut-Off Date (%) Subgroup 2 Balance HELOCs 14.001% to 15.000% 1 $45,282.85 0.26% 15.001% to 16.000% 1 90,499.65 0.51% 17.001% to 18.000% 76 5,551,525.84 31.49% 18.001% to 19.000% 120 11,939,569.67 67.74% Total 198 $17,626,878.01 100.00% The weighted average Maximum Loan Rate of the Initial Subgroup 2 HELOCs as of the Cut-Off Date is approximately 18.32%. Months Remaining to Scheduled Maturity Percent of Initial Subgroup 2 HELs Number of Cut-Off Date HELOCs by Range of Months Initial HELs Balance Cut-Off Date Subgroup 2 Balance HELOCs 0 to 60 169 $2,549,072.00 6.38% 61 to 120 132 $11,474,882.33 65.10405 8,571,768.72 21.47% 121 to 180 15 1,522,270.25 8.64753 21,803,986.42 54.60% 181 to 240 188 6,220,002.76 15.58% 241 to 300 50 4,479,725.43 25.417 213,436.47 0.53% 301 + 1 150,000.00 0.8514 574,802.13 1.44% Total 198 1,536 $17,626,878.01 39,933,068.50 100.00% The weighted average months remaining to scheduled maturity of the Initial Subgroup 2 HELOCs HELs as of the Cut-Off Date is approximately 170 162 months. Recipients of these Computational Materials must read and acknowledge the attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. BEAR XXXXXXX ------------------------------------------------------------------------------- GMACM Home Equity Loan Trust 2000-HE1 ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT ------------------------------------------------------------------------------- Origination Year Lien Priority Percent of Initial Subgroup 2 HELs Number of Cut-Off Date HELOCs by Lien Position Initial HELs Balance Cut-Off Date Balance First 32 $1,063,235.31 2.66% Second 1,504 38,869,833.19 97.34% Total 1,536 $39,933,068.50 100.00% Origination Year Percent of Initial HELs Number of Cut-Off Date by Origination Initial Balance Cut-Off Date Year Subgroup HELs Balance 1997 2 Balance HELOCs 1993 1 $6,450.00 0.04% 1998 3 31,306.00 0.1837,867.16 0.09% 1999 171 15,897,129.41 90.191,403 35,907,815.07 89.92% 2000 23 1,691,992.60 9.60131 3,987,386.27 9.99% Total 198l 1,536 $17,626,878.01 100.00% Lien Priority Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Lien Initial Balance Cut-Off Date Position Subgroup 2 Balance HELOCs First 1 $136,000.00 0.77% Second 197 17,490,878.01 99.23% Total 198 $17,626,878.01 39,933,068.50 100.00% Debt-to-Income Ratios Percent of Initial Number of Subgroup 2 Initial Cut-Off Date HELOCs Initial HELs by Range of Subgroup 2 Debt-to-Income Initial HELs Balance Cut-Off Date Debt-to-Income Ratios HELOCs Balance (%) Balance 0.00% 9.99% 1 6 $248,209.28 1.41180,450.20 0.45% 10.00% 19.99% 12 1,562,187.01 8.8647 1,140,738.56 2.86% 20.00% 29.99% 31 1,929,247.31 10.94258 5,765,240.38 14.44% 30.00% 39.99% 66 6,143,095.78 34.85488 1 2,424,866.26 31.11% 40.00% 49.99% 74 6,242,117.66 35.41642 1 7,608,829.31 44.10% 50.00% 59.99% 9 711,676.74 4.0486 2,490,557.96 6.24% 60.00% 69.99% 4 640,344.23 3.63% 80.00% 89.99% 1 150,000.00 0.859 322,385.83 0.81% Total 198 1,536 $17,626,878.01 39,933,068.50 100.00% Recipients of these Computational Materials must read and acknowledge the attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. BEAR XXXXXXX ------------------------------------------------------------------------------- GMACM Home Equity Loan Trust 2000-HE1 ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT ------------------------------------------------------------------------------- Teaser Expiration Month ------------------ -------------- Documentation Type Percent of Initial Subgroup 2 Number of Cut-Off Initial HELs Documentation Initial HELs Date HELOCs Balance by Teaser Expiration Initial Balance Cut-Off Date Month Subgroup 2 Balance HELOCs No Teaser Date 37 Standard 980 $2,573,553.24 14.60% Date February 23 1,892,448.44 10.74% 2000 March 2000 54 5,289,050.17 30.01% April 2000 23 1,763,903.70 10.01% May 2000 14 2,048,329.64 11.62% June 2000 34 3,133,039.39 17.77% July 2000 13 926,553.43 5.26% Total 198l $17,626,878.01 100.00% Documentation Type Percent of Initial Subgroup 2 Number of Cut-Off HELOCs by Documentation Initial Date Balance Cut-Off Date Subgroup 2 Balance HELOCs Standard 109 $10,406,116.22 59.04% Select 43 4,808,208.82 27.28% Family First Direct 25 1,339,176.94 7.60% No Income Verification 10 451,443.80 2.56% Streamline 4 373,626.47 2.12% GM EXPANDED FAM 1 146,226.13 0.8327,240,091.44 68.21% No Income No Appraisal 4 90,679.63 0.51350 7,705,140.22 19.30% No Income Verification 90 2,471,670.73 6.19% Family First Direct 93 1,883,810.91 4.72% Super Express 2 11,400.00 0.0614 308,783.15 0.77% Select 5 223,748.82 0.56% GM Expanded FAM 3 80,057.18 0.20% Streamline 1 19,766.05 0.05% Total 198 1,536l $17,626,878.01 39,933,068.50 100.00% The information set forth in the preceding sections is based upon information provided by the Seller and tabulated by the Depositor. The Depositor makes no representation as to the accuracy or completeness of such information. Recipients of these Computational Materials must read and acknowledge the attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. BEAR XXXXXXX ------------------------------------------------------------------------------- GMACM Home Equity Loan Trust 2000-HE1 ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT ------------------------------------------------------------------------------- Initial HEL Characteristics Set forth below is SENSITIVITY TABLES Class A-1 (to call) -------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------- * Assumes in the case of HEGOCs, a description Gross CPR as disclosed above less a constant draw rate of certain characteristics 10'%, and in the case of the Initial HELs as HELs, the percentage of the Cutprepayment assumption disclosed above. Recipients of these Computational Materials must read and acknowledge the attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. BEAR XXXXXXX ------------------------------------------------------------------------------- GMACM Home Equity Loan Trust 2000-Off Date. Unless otherwise specifiedHE1 ------------------------------------------------------------------------------- SENSITIVITY TABLES Class A-1 (to maturity) -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Gross CPR 10% 25% 30% 35% 40% 45% 50% - HELOCs PPC- HELs 0% 50% 75% 100% 125% 150% 175% -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Average Life (years) 8.44 4.76 4.10 3.58 3.18 2.86 2.59 Modified Duration (years) 6.17 3.83 3.37 3.01 2.72 2.48 2.28 First Principal Payment 3/25/01 3/25/01 3/25/01 3/25/01 3/25/01 3/25/01 3/25/01 Last Principal Payment 9/25/15 4/25/15 8/25/14 7/25/13 2/25/12 9/25/10 6/25/09 Principal Lockout 12 12 12 12 12 12 12 (months) Principal Window (months) 175 170 162 149 132 115 100 Illustrative Yield @ Par 30/360 6.30% 6.30% 6.30% 6.30% 6.30% 6.30% 6.30% -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Class A-2 (to maturity) -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Gross CPR 10% 25% 30% 35% 40% 45% 50% - HELOCs PPC- HELs 0% 50% 75% 100% 125% 150% 175% -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 40 * Assumes in the case of HELOCs, all principal balances a Gross CPR as disclosed above less a constant draw rate of 10%, and in the case of tire HEGs, the percentage of the Initial HELs are as prepayment assumption disclosed above. Recipients of these Computational Materials must read and acknowledge the Cutattached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. BEAR XXXXXXX ------------------------------------------------------------------------------- GMACM Home Equity Loan Trust 2000-Off HE1 ------------------------------------------------------------------------------- SENSITIVITY TABLES PERCENTAGE OF INITIAL CLASS A-1 TERM NOTE BALANCE (1)(2)(3) Payment Date and are rounded to the nearest dollar. All percentages are approximate percentages by aggregate principal balance as Percentage of the Cut-Off Date (except as indicated otherwise).Balance ----------------------------------------
Appears in 1 contract
Samples: Computational Materials (Residential Asset Mortgage Products Inc)
Loan Rates. Percent of Initial Subgroup 2 1 Number of Cut-Off Date HELOCs by Range of Loan Initial Balance Cut-Off Date Rates(%) Subgroup 2 1 Balance HELOCs 0.001% to 8.000% 161 5,496 $15,053,324.77 85.40125,230,610.033 74.41% 8.001% to 9.000% 3 219,328.02 1.2491 1,837,864.80 1.09% 9.001% to 10.000% 13 686,075.21 3.89398 8,475,816.44 5.04% 10.001% to 11.000% 10 791,314.45 4.493953 8,191,588.05 4.87% 11.001% to 12.000% 6 397,505.30 2.26291 7,691,271.18 4.57% 12.001% to 13.000% 2 139,446.62 0.79364 10,861,284.87 6.45% 13.001% to 14.000% 3 339,883.64 1.93206 6,006,870.92 3.57% Total 198 7,241 $17,626,878.01 168,295,306.299 100.00% The weighted average Loan Rate of the Initial Subgroup 2 Subgroouup 1 HELOCs as of the Cut-Off Date is approximately 7.277.88%. ---------------------------- Recipients of these Computational Materials must read and acknowledge the attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. BEAR XXXXXXX ------------------------------------------------------------------------------- GMACM Home Equity Loan Trust 2000-HE1 ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT ------------------------------------------------------------------------------- Fully Indexed Gross Margin Percent of Initial Subgroup 2 1 Number of Cut-Off Date HELOCs by Range of Fully Indexed Initial Balance Cut-Off Date Gross Margins(%) Subgroup 2 1 Balance HELOCs Less than 0.000% 1 7 $20,500.00 0.12243,683.80 0.14% than 0.000% to 1.000% 126 12,157,132.77 68.973,152 67,069,417.07 39.85% 1.001% to 2.000% 42 2,861,822.56 16.241,831 37,261,039.86 22.14% 2.001% to 3.000% 14 1,126,806.54 6.39703 19,158,396.42 11.38% 3.001% to 4.000% 10 991,365.56 5.62691 20,048,033.61 11.91% 4.001% to 5.000% 5 469,250.58 2.66854 24,379,167.04 14.49% 5.001% to 6.000% 3 135,568.49 0.08% Total 198 7,241 $17,626,878.01 168,295,306.29 100.00% The weighted average fully indexed gross margin of the Initial Subgroup 2 1 HELOCs as of the Cut-Off Date is approximately 1.142.09% per annum. Credit Utilization Rates Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Range of Credit Initial Balance Cut-Off Date Utilization Rates (%) Subgroup 2 Balance HELOCs 0.01% to 30.00% 52 $960,807.51 5.45% 30.01% to 35.00% 10 633,580.26 3.59% 35.01% to 40.00% 4 211,540.28 1.20% 40.01% to 45.00% 6 423,930.28 2.41% 45.01% to 50.00% 4 326,272.78 1.85% 50.01% to 55.00% 6 433,135.42 2.46% 55.01% to 60.00% 7 737,180.24 4.18% 60.01% to 65.00% 7 916,775.70 5.20% 65.01% to 70.00% 5 510,677.35 2.90% 70.01% to 75.00% 7 689,350.36 3.91% 75.01% to 80.00% 7 1,045,158.49 5.93% 80.01% to 85.00% 8 984,307.99 5.58% 85.01% to 90.00% 3 356,581.94 2.02% 90.01% to 95.00% 6 741,767.76 4.21% 95.01% to 100.00% 66 8,655,811.65 49.11% Total 198 $17,626,878.01 100.00% The weighted average Credit Utilization Rate based on the Cut-Off Date Credit Limit of the Initial Subgroup 2 HELOCs as of the Cut-Off Date is approximately 80.00%. Recipients of these Computational Materials must read and acknowledge the attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. BEAR XXXXXXX ------------------------------------------------------------------------------- GMACM Home Equity Loan Trust 2000-HE1 ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT ------------------------------------------------------------------------------- Credit Limits Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Range of Credit Limits Initial Balance Cut-Off Date ($) Subgroup 2 Balance HELOCs $0.01 To $25,000.00 1 $12,000.00 0.07% $25,000.01 To $50,000.00 25 690,462.06 3.92% $50,000.01 To $75,000.00 12 612,005.29 3.47% $75,000.01 To $100,000.00 37 1,882,041.37 10.68% $100,000.01To $125,000.00 2 241,649.60 1.37% $125,000.01To $150,000.00 56 5,218,915.43 29.61% $150,000.01To $175,000.00 8 825,565.86 4.68% $175,000.01To $200,000.00 20 1,882,564.77 10.68% $200,000.01To $225,000.00 9 1,563,706.64 8.87% $225,000.01To $250,000.00 19 2,507,676.31 14.23% $250,000.01To $275,000.00 2 511,302.89 2.90% $275,000.01To $300,000.00 2 94,224.69 0.53% $425,000.01To $450,000.00 1 27,416.33 0.16% $575,000.01To $600,000.00 1 325,175.50 1.84% $650,000.01To $675,000.00 1 500,000.00 2.84% $675,000.01To $700,000.00 1 236,860.05 1.34% $775,000.01To $800,000.00 1 495,311.22 2.81% Total 198 $17,626,878.01 100.00% The average of the Credit Limits of the Initial Subgroup 2 HELOCs as of the Cut-Off Date is approximately $150,210.61. Maximum Loan Rates Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Maximum Loan Rates Initial Balance Cut-Off Date (%) Subgroup 2 Balance HELOCs 14.001% to 15.000% 1 $45,282.85 0.26% 15.001% to 16.000% 1 90,499.65 0.51% 17.001% to 18.000% 76 5,551,525.84 31.49% 18.001% to 19.000% 120 11,939,569.67 67.74% Total 198 $17,626,878.01 100.00% The weighted average Maximum Loan Rate of the Initial Subgroup 2 HELOCs as of the Cut-Off Date is approximately 18.32%. Months Remaining to Scheduled Maturity Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Range of Months Initial Balance Cut-Off Date Subgroup 2 Balance HELOCs 61 to 120 132 $11,474,882.33 65.10% 121 to 180 15 1,522,270.25 8.64% 241 to 300 50 4,479,725.43 25.41% 301 + 1 150,000.00 0.85% Total 198 $17,626,878.01 100.00% The weighted average months remaining to scheduled maturity of the Initial Subgroup 2 HELOCs as of the Cut-Off Date is approximately 170 months. Recipients of these Computational Materials must read and acknowledge the attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. BEAR XXXXXXX ------------------------------------------------------------------------------- GMACM Home Equity Loan Trust 2000-HE1 ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT ------------------------------------------------------------------------------- Origination Year Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Origination Initial Balance Cut-Off Date Year Subgroup 2 Balance HELOCs 1993 1 $6,450.00 0.04% 1998 3 31,306.00 0.18% 1999 171 15,897,129.41 90.19% 2000 23 1,691,992.60 9.60% Total 198l $17,626,878.01 100.00% Lien Priority Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Lien Initial Balance Cut-Off Date Position Subgroup 2 Balance HELOCs First 1 $136,000.00 0.77% Second 197 17,490,878.01 99.23% Total 198 $17,626,878.01 100.00% Debt-to-Income Ratios Percent of Initial Number of Subgroup 2 Initial Cut-Off Date HELOCs by Range of Subgroup 2 Balance Cut-Off Date Debt-to-Income Ratios HELOCs Balance (%) 0.00% 9.99% 1 $248,209.28 1.41% 10.00% 19.99% 12 1,562,187.01 8.86% 20.00% 29.99% 31 1,929,247.31 10.94% 30.00% 39.99% 66 6,143,095.78 34.85% 40.00% 49.99% 74 6,242,117.66 35.41% 50.00% 59.99% 9 711,676.74 4.04% 60.00% 69.99% 4 640,344.23 3.63% 80.00% 89.99% 1 150,000.00 0.85% Total 198 $17,626,878.01 100.00% Recipients of these Computational Materials must read and acknowledge the attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. BEAR XXXXXXX ------------------------------------------------------------------------------- GMACM Home Equity Loan Trust 2000-HE1 ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT ------------------------------------------------------------------------------- Teaser Expiration Month ------------------ -------------- Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Teaser Expiration Initial Balance Cut-Off Date Month Subgroup 2 Balance HELOCs No Teaser Date 37 $2,573,553.24 14.60% Date February 23 1,892,448.44 10.74% 2000 March 2000 54 5,289,050.17 30.01% April 2000 23 1,763,903.70 10.01% May 2000 14 2,048,329.64 11.62% June 2000 34 3,133,039.39 17.77% July 2000 13 926,553.43 5.26% Total 198l $17,626,878.01 100.00% Documentation Type Percent of Initial Subgroup 2 Number of Cut-Off HELOCs by Documentation Initial Date Balance Cut-Off Date Subgroup 2 Balance HELOCs Standard 109 $10,406,116.22 59.04% Select 43 4,808,208.82 27.28% Family First Direct 25 1,339,176.94 7.60% No Income Verification 10 451,443.80 2.56% Streamline 4 373,626.47 2.12% GM EXPANDED FAM 1 146,226.13 0.83% No Income No Appraisal 4 90,679.63 0.51% Super Express 2 11,400.00 0.06% Total 198 $17,626,878.01 100.00% Recipients of these Computational Materials must read and acknowledge the attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES, AND OTHER INFORMATION" before using or relying on the information contained herein. In addition, recipients of these Computational Materials may only use or rely on the information contained herein if read in conjunction with the related Prospectus and Prospectus Supplement. If you have not received the statement described above or the related Prospectus and Prospectus Supplement, please contact your account executive at Bear, Xxxxxxx & Co. Inc. BEAR XXXXXXX ------------------------------------------------------------------------------- GMACM Home Equity Loan Trust 2000-HE1 ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT ------------------------------------------------------------------------------- Initial HEL Characteristics Set forth below is a description of certain characteristics of the Initial HELs as of the Cut-Off Date. Unless otherwise specified, all principal balances of the Initial HELs are as of the Cut-Off Date and are rounded to the nearest dollar. All percentages are approximate percentages by aggregate principal balance as of the Cut-Off Date (except as indicated otherwise).
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Samples: Computational Materials (Residential Asset Mortgage Products Inc)
