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Household Finance Corporation
Household Revolving Home Equity Loan
Revolving Home Equity Loan Asset Backed
Certificates - Series 1995-1
P & S Agreement Date: May 1, 1995
Original Settlement Date: May 25,1995
Series Number of Class A-1 Certificates: 000000XX0
Series Number of Class A-2 Certificates: 000000XX0
Original Sale Balance: $474,825,000
Servicer Certificate (Page 1 of 3)
Distribution Date: 12/20/99
Investor Certificateholder Floating Allocation 89.20%
Percentage
Investor Certificateholder Fixed Allocation 97.90%
Percentage
Aggregate Amount of Collections 3,863,963.14
Aggregate Amount of Interest Collections 922,549.30
Aggregate Amount of Principal Collections 2,941,413.84
Class A Interest Collections 822,885.53
Class A Principal Collections 2,782,406.01
Seller Interest Collections 99,663.77
Seller Principal Collections 159,007.83
Weighted Average Loan Rate 13.84%
Net Loan Rate 12.84%
Weighted Average Maximum Loan Rate 19.67%
Class A-1 Certificate Rate 5.81%
Maximum Investor Certificate Rate 12.84%
Class A-1 Certificate Interest Distributed 309,589.42
Class A-1 Investor Certificate Interest 0.00
Shortfall before Policy Draw
Unpaid Class A-1 Certificate Interest Shortfall 0.00
Received
Unpaid Class A-1 Certificate Interest Shortfall 0.00
Remaining
Unpaid Class A-1 Carryover Interest Amount 0.00
Class A-2 Certificate Rate 5.74%
Maximum Investor Certificate Rate 12.84%
Class A-2 Certificate Interest Distributed 13,443.35
Class A-2 Investor Certificate Interest 0.00
Shortfall before Policy Draw
Unpaid Class A-2 Certificate Interest Shortfall 0.00
Received
Unpaid Class A-2 Certificate Interest Shortfall 0.00
Remaining
Unpaid Class A-2 Carryover Interest Amount 0.00
Maximum Principal Dist. Amount (MPDA) 2,879,776.51
Alternative Principal Dist. Amount (APDA) 2,782,406.01
Rapid Amortization Period? (Y=1, N=0) 0.00
Scheduled Principal Distribution Amount (SPDA) 2,782,406.01
Principal allocable to Class A-1 2,665,208.29
Principal allocable to Class A-2 117,197.72
SPDA deposited to Funding Account 0.00
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Accelerated Principal Distribution Amount 0.00
APDA allocable to Class A-1 0.00
APDA allocable to Class A-2 0.00
Reimbursement to Credit Enhancer 0.00
Reduction in Certificate Principal Balance
due to Current Class A-1 Liquidation Loss 277,665.73
Amount
Reduction in Certificate Principal Balance
due to Current Class A-2 Liquidation Loss 12,209.85
Amount
Cumulative Investor Liquidation Loss Amount 289,875.58
Total Principal allocable to A-1 2,942,874.02
Total Principal allocable to A-2 129,407.57
Beginning Class A-1 Certificate Principal 68,480,609.18
Balance
Beginning Class A-2 Certificate Principal 3,011,202.78
Balance
Ending Class A-1 Certificate Principal Balance 65,537,735.16
Ending Class A-2 Certificate Principal Balance 2,881,795.21
Class A-1 Factor 0.1440944
Class A-2 Factor 0.1440898
Pool Factor (PF) 0.1646157
Servicer Certificate (Page 2 of 3)
Distribution Date: 12/20/99
Retransfer Deposit Amount 0.00
Servicing Fees Distributed 61,595.33
Beg. Accrued and Unpaid Inv. Servicing Fees 0.00
Accrued and Unpaid Inv. Servicing Fees Recv'd 0.00
End. Accrued and Unpaid Inv. Servicing Fees 0.00
Aggregate Investor Liquidation Loss Amount 289,875.58
Investor Loss Reduction Amount 0.00
Beginning Pool Balance 82,866,540.01
Ending Pool Balance 79,759,143.91
Beginning Invested Amount 73,914,398.96
Ending Invested Amount 70,842,117.37
Beginning Seller Principal Balance 8,952,141.05
Ending Seller Principal Balance 8,917,026.54
Additional Balances 159,007.83
Beginning Funding Account Balance 0.00
Ending Funding Account Balance 0.00
Ending Funding Account Balance % (before any 0.00%
purchase of Subsequent Loans)
Principal Balance of Subsequent Loans 0.00
Beginning Reserve Account Balance 1,211,294.00
Ending Reserve Account Balance 1,211,294.00
Beginning Seller Interest 9.8105%
Ending Seller's Interest 11.1799%
Delinquency & REO Status
30 - 59 days (Del Stat 1)
No. of Accounts 189
Trust Balance 6,106,903.67
60 - 89 days (Del Stat 2)
No. of Accounts 64
Trust Balance 1,833,222.64
90+ days (Del Stat 3+)
No. of Accounts 119
Trust Balance 3,351,042.97
270+ days (Del Stat 9+)
No. of Accounts 117
Trust Balance 3,777,819.73
REO
No. of Accounts 20
Trust Balance 606,638.40
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Rapid Amortization Event ? No
Failure to make payment within 5 Business No
Days of Required Date ?
Failure to perform covenant relating to No
Trust's Security Interest ?
Failure to perform other covenants as No
described in the Agreement ?
Breach of Representation or Warranty ? No
Bankruptcy, Insolvency or Receivership No
relating to Seller ?
Subject to Investment Company Act of 1940 No
Regulation ?
Servicing Termination ? No
Servicer Certificate (Page 3 of 3)
Distribution Date: 12/20/99
Event of Default ? No
Failure by Servicer to make payment within 5 No
Bus. Days of Required Date ?
Failure by Servicer to perform covenant No
relating to Trust's Security Interest ?
Failure by Servicer to perform other No
covenants as described in the Agreement?
Bankruptcy, Insolvency or Receivership No
relating to Master Servicer ?
Trigger Event ? No
Policy Fee Distributed to Credit Enhancer (Paid N/A
directly from HFC)
Premium Distributed to Credit Enhancer 0.00
Amount Distributed to Seller 258,671.60
Master Servicer Credit Facility Amount 0.00
Guaranteed Principal Distribution Amount 0.00
Credit Enhancement Draw Amount 0.00
Application of Available Funds
Aggregate Amount of Collections 3,863,963.14
Deposit for principal not used to purchase
subsequent loans
Servicing Fee 61,595.33
Prinicpal and Interest to Class A-1 3,252,463.44
Prinicpal and Interest to Class A-2 142,850.92
Seller's portion of Principal and Interest 258,671.60
Funds deposited into Funding Account (Net) 0.00
Funds deposited into Spread Account 0.00
Excess funds released to Seller 148,381.85
Total 3,863,963.14
OFFICERS'S CERTIFICATE
All computations reflected in this Servicer
Certificate were
made in conformity with the Pooling and
Servicing Agreement.
The attached Servicing Certificate is true and
correct in all
material respects.
A Servicing Officer
