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31-60 Days: Loans that are in arrears between 31-60 days, expressed as a number of
loans, dollar value and as a percentage of the Period Pool Balance.
61-90 Days: Loans that are in arrears between 61-90 days, expressed as a number of
loans, dollar value and as a percentage of the Period Pool Balance.
91-120 Days: Loans that are in arrears between 91-120 days, expressed as a number of
loans, dollar value and as a percentage of the Period Pool Balance.
121-150 Days: Loans that are in arrears between 121-150 days, expressed as a number
of loans, dollar value and as a percentage of the Period Pool Balance.
151-180 Days: Loans that are in arrears between 151-180 days, expressed as a number
of loans, dollar value and as a percentage of the Period Pool Balance.
181 days or more: Loans that are in arrears for more than 181 days, expressed as a
number of loans, dollar value and as a percentage of the Period Pool Balance.
Collection Period: The period on and including the previous Determination Date and
ending on (but excluding) that Determination Date.
Cumulative Net Losses: The aggregate dollar value of losses to date after all sale
proceeds, expenses and mortgage insurance proceeds (i.e. losses covered by excess
spread).
Cumulative Net Losses as % of Period Pool Balance: Cumulative Net Losses
expressed as a percentage of the Period Pool Balance.
Determination Date: The first day of the calendar month in which the Distribution Date
occurs.
Distribution by Loan Rate: Prime (current) interest rates of loans in pool grouped
according to a percentage band, expressed as an aggregate principal balance and as a
percentage of the Period Pool Balance.
Distribution Date: see individual Prospectus for each trust for monthly and quarterly
Distribution dates.
Foreclosure: A legal procedure in which upon a default on the underlying mortgage, the
mortgage property is put up for sale by way of auction or private treaty and subsequently
sold to pay the outstanding mortgage debt. Foreclosures are expressed as a number of
loans, dollar value of loss pre and post mortgage insurance claim and as a percentage of
the Period Pool Balance.
Geographic Distribution: Loans split by State or Territory expressed as a percentage of
the Period Pool Balance.
Loan-To-Value (LTV): Calculation is based on the current loan balance and the value of
the property at the time of loan origination.
Loan-To-Value (LTV) Information: Current LTV of loans in pool grouped according
to a percentage band, expressed as a percentage of the Period Pool Balance.
Number of Loans Outstanding: Number of loans in the pool for that period.
Outstanding Balance (A$): see Period Pool Balance.
Period Pool Balance: the aggregate principal outstanding for all loans in the pool on the
last day of the current Collection Period.
Prepayments (CPR):
3 month: The annualised prepayment rate. Calculated by compounding the Single
Monthly Mortality (SMM) using the following formula: 1-(1-(SMM*3)^4.
12 month: 12 month average of 3 Month CPR rates.
Cumulative: Average of 3 month CPR rates since first Quarterly Distribution Date.
Prepayments (SMM):
3 month: Calculated as total unscheduled repayments less redraws divided by the
beginning Period Pool Balance.
12 month: 12 month average of 3 Month SMM rates.
Cumulative: Average of 3 month SMM rates since first Quarterly Distribution Date.
Product Type: Refers to Commonwealth Bank’s Standard Variable Rate Loan and Fixed
Rate Loan. Some of these housing loans will be subject to fixed rates for differing
periods. Product Types are expressed as an aggregate principal balance and as a
percentage of the Period Pool Balance.
Purchase – Existing Dwelling: Percentage of Period Pool Balance for all loans where
Loan Purpose is the purchase of an established dwelling.
Purchase – New Dwelling: Percentage of Period Pool Balance for all loans where Loan
Purpose is the purchase of a newly erected dwelling.
Refinance: Percentage of Period Pool Balance for all loans where Loan Purpose is to
refinance an existing loan with another lender or with the Commonwealth Bank of
Australia.
Renovation: Percentage of Period Pool Balance for all loans where Loan Purpose is the
construction, alteration or addition to an existing dwelling.
Weighted Average Original Term (months): The weighted average original term of the
loan pool refers to the average original stated term to maturity of the housing loans.
Weighted Average Remaining Term (months): The weighted average remaining term
of the loan pool refers to the average amount of time that will elapse from the reported
date to the date of the stated term to maturity of the housing loans.
Weighted Average Interest Rate: The weighted average interest rate refers to the
average of all prime (current) interest rates of loans in the pool.
