1
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: 01/20/2000
Investor Certificateholder Floating Allocation 88.82%
Percentage
Investor Certificateholder Fixed Allocation 97.90%
Percentage
Aggregate Amount of Collections 3,537,684.78
Aggregate Amount of Interest Collections 849,608.13
Aggregate Amount of Principal Collections 2,688,076.65
Class A Interest Collections 754,622.43
Class A Principal Collections 2,549,661.30
Seller Interest Collections 94,985.70
Seller Principal Collections 138,415.35
Weighted Average Loan Rate 13.84%
Net Loan Rate 12.84%
Weighted Average Maximum Loan Rate 19.64%
Class A-1 Certificate Rate 6.68%
Maximum Investor Certificate Rate 12.84%
Class A-1 Certificate Interest Distributed 377,058.16
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 6.68%
Maximum Investor Certificate Rate 12.84%
Class A-2 Certificate Interest Distributed 16,576.73
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) 2,631,748.00
Alternative Principal Dist. Amount (APDA) 2,549,661.30
Rapid Amortization Period? (Y=1, N=0) 0.00
Scheduled Principal Distribution Amount (SPDA) 2,549,661.30
Principal allocable to Class A-1 2,442,267.02
Principal allocable to Class A-2 107,394.28
SPDA deposited to Funding Account 0.00
Accelerated Principal Distribution Amount 0.00
2
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 72,966.86
Amount
Reduction in Certificate Principal Balance
due to Current Class A-2 Liquidation Loss 3,208.59
Amount
Cumulative Investor Liquidation Loss Amount 76,175.45
Total Principal allocable to A-1 2,515,233.88
Total Principal allocable to A-2 110,602.87
Beginning Class A-1 Certificate Principal 65,537,735.16
Balance
Beginning Class A-2 Certificate Principal 2,881,795.21
Balance
Ending Class A-1 Certificate Principal Balance 63,022,501.28
Ending Class A-2 Certificate Principal Balance 2,771,192.34
Class A-1 Factor 0.1385643
Class A-2 Factor 0.1385596
Pool Factor (PF) 0.1591764
Servicer Certificate (Page 2 of 3)
Distribution Date: 01/20/2000
Retransfer Deposit Amount 0.00
Servicing Fees Distributed 59,035.10
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 76,175.45
Investor Loss Reduction Amount 0.00
Beginning Pool Balance 79,759,143.91
Ending Pool Balance 77,123,717.41
Beginning Invested Amount 70,842,117.37
Ending Invested Amount 68,216,280.62
Beginning Seller Principal Balance 8,917,026.54
Ending Seller Principal Balance 8,907,436.79
Additional Balances 138,415.35
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 10.1211%
Ending Seller's Interest 11.5495%
Delinquency & REO Status
30 - 59 days (Del Stat 1)
No. of Accounts 205
Trust Balance 5,884,740.56
60 - 89 days (Del Stat 2)
No. of Accounts 40
Trust Balance 957,779.57
90+ days (Del Stat 3+)
No. of Accounts 126
Trust Balance 3,511,656.23
270+ days (Del Stat 9+)
No. of Accounts 117
Trust Balance 3,777,819.73
REO
No. of Accounts 18
Trust Balance 534,698.80
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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: 01/20/2000
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 233,401.05
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 3,537,684.78
Deposit for principal not used to purchase
subsequent loans
Servicing Fee 59,035.10
Prinicpal and Interest to Class A-1 2,892,292.04
Prinicpal and Interest to Class A-2 127,179.60
Seller's portion of Principal and Interest 233,401.05
Funds deposited into Funding Account (Net) 0.00
Funds deposited into Spread Account 0.00
Excess funds released to Seller 225,776.99
Total 3,537,684.78
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
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Statement to Certificateholders (Page 1 of 2)
Distribution Date: 01/20/2000
INVESTOR CERTIFICATES DISTRIBUTION SUMMARY (PER
$1000)
Class A Certificateholder Floating Allocation 88.8201%
Percentage
Class A Certificateholder Fixed Allocation 97.9045%
Percentage
Beginning Class A-1 Certificate Balance 65,537,735.16
Beginning Class A-2 Certificate Balance 2,881,795.21
Class A-1 Certificate Rate 6.68125%
Class A-2 Certificate Rate 6.68000%
Class A-1 Certificate Interest Distributed 0.829018
Class A-2 Certificate Interest Distributed 0.828837
Class A-1 Certificate Interest Shortfall 0.000000
Distributed
Class A-2 Certificate Interest Shortfall 0.000000
Distributed
Remaining Unpaid Class A-1 Certificate Interest 0.000000
Shortfall
Remaining Unpaid Class A-2 Certificate Interest 0.000000
Shortfall
Rapid Amortization Event ? No
Class A-1 Certificate Principal Distributed 5.530114
Class A-2 Certificate Principal Distributed 5.530144
Maximum Principal Distribution Amount 5.542564
Scheduled Principal Distribution Amount 5.369686
(SPDA)
Accelerated Principal Distribution Amount 0.000000
Aggregate Investor Liquidation Loss Amount 0.160428
Distributed
Total Amount Distributed to Certificateholders 6.359125
Principal Collections deposited into Funding 0.00
Account
Ending Funding Account Balance 0.00
Ending Class A-1 Certificate Balance 63,022,501.28
Ending Class A-2 Certificate Balance 2,771,192.34
Class A-1 Factor 0.1385643
Class A-2 Factor 0.1385596
Pool Factor (PF) 0.1591764
Unreimbursed Liquidation Loss Amount 0.00
Accrued Interest on Unreimbursed Liquidation 0.00
Loss Amount
Accrued & Unpaid Interest on Unreimbursed 0.00
Liquidation Loss Amount
Class A Servicing Fee 59,035.10
Beginning Invested Amount 70,842,117.37
Ending Invested Amount 68,216,280.62
Beginning Pool Balance 79,759,143.91
Ending Pool Balance 77,123,717.41
Credit Enhancement Draw Amount 0.00
Statement to Certificateholders (Page 2 of 2)
Distribution Date: 01/20/2000
DELINQUENCY & REO STATUS
30 - 59 days (Del Stat 1)
No. of Accounts 205
Trust Balance 5,884,740.56
60 - 89 days (Del Stat 2)
No. of Accounts 40
Trust Balance 957,779.57
5
90+ days (Del Stat 3+)
No. of Accounts 126
Trust Balance 3,511,656.23
REO
No. of Accounts 18
Trust Balance 534,698.80
Aggregate Liquidation Loss Amount for 78,716.34
Liquidated Loans
Class A-1 Certificate Rate for Next To be updated
Distribution Date
Class A-2 Certificate Rate for Next To be updated
Distribution Date
Amount of any Draws on the Policy 0.00
Subsequent Mortgage Loans
No. of Accounts 0.00
Trust Balance 0.00
