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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): May 18, 2016
Honda Auto Receivables 2016-2 Owner Trust (Issuing Entity)
Central Index Key Number: 0001673350
American Honda Receivables LLC (Depositor)
Central Index Key Number: 0000890975
American Honda Finance Corporation (Sponsor)
Central Index Key Number: 0000864270
(Exact name of Issuing Entity, Depositor/Registrant and Sponsor as specified in their respective charters)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Delaware 333-205883 80-0695898(State or Other Jurisdiction of Incorporation) (Commission File Number) (Registrant’s IRS Employer Identification No.)
American Honda Receivables LLC 2800 Madrona Avenue
Torrance, CALIFORNIA
90503(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310) 781-4100
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2 (b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c))
ITEM 6.01. ABS Informational and Computational Material.
Information concerning the static pool data of previous similar loan securitizations of American Honda Finance Corporation, as sponsor, for the issuance period commencing January 1, 2011 and ending April 30, 2016 is attached hereto as Exhibit 99.1 pursuant to Item 1105 of Regulation AB. We caution you that the pool of receivables in your trust may not perform in a similar manner to the receivables in other trusts.
The information in Exhibit 99.1 consists of summary information about the original characteristics of the prior securitized pools, cumulative net
losses, prepayments and delinquency data for the prior securitized pools and graphical presentation of the data. The characteristics of receivables included in Exhibit 99.1, as well as the social, economic and other conditions existing at the time when those receivables were originated and repaid, may vary materially from the characteristics of the receivables in other trusts and the social, economic and other conditions existing at the time when the receivables in a particular transaction are originated and those that will exist in the future when the receivables in a particular transaction are required to be repaid. As a result, there can be no assurance that the static pool data will correspond to or be an accurate predictor of the performance of any particular receivables securitization transaction.
American Honda Finance Corporation (“AHFC”) will continue to report delinquencies and cumulative net losses for its prior asset-backed
securitizations to align with AHFC’s reporting for its entire portfolio of new and used Honda and Acura retail installment sale contracts (the “New Reporting Method”). Under the New Reporting Method, AHFC will report a receivable to be current (not delinquent) upon receipt of at least 90% of the sum of the current payment plus any overdue monthly payments. In static pool reports filed before the calendar year 2016, AHFC reported a receivable as delinquent if 100% of the current payment plus any overdue monthly payment was not made when due. Additionally, in pre-2016 static pool reports, AHFC reported a receivable as delinquent for the remaining life of a receivable if a contract extension was granted on that receivable. Under the New Reporting Method, AHFC will not report contract extensions as delinquent if payments are made pursuant to the terms of the contract extension. The New Reporting Method results in fewer receivables being reported as delinquent and fewer net losses being reported as compared to pre-2016 static pool reports. The New Reporting Method is consistent with how AHFC recognizes delinquencies and losses with respect to its entire managed portfolio.
For purposes of the following static pool information, calculations for the New Reporting Method are included, along with calculations under the
prior system guidelines for comparison. Securitization transactions beginning with Honda Auto Receivables 2016-1 Owner Trust will only be reported under the New Reporting Method.
ITEM 9.01 Financial Statements and Exhibits 99.1 Static Pool Information
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on behalf of the
undersigned thereunto duly authorized.
AMERICAN HONDA RECEIVABLES LLC By: /s/ Paul C. Honda Name: Paul C. Honda Title: Treasurer
Dated: May 18, 2016
EXHIBIT INDEX
Exhibit No. Description 99.1 Static Pool Information
Exhibit 99.1
Static Pool Information Footnotes:
(1) Weighted averages are weighted by initial pool balance as of the cutoff date (2) Percentage of initial pool balance (3) Based on the address of the originating dealers (4) Prepayments are measured in terms of Absolute Prepayment Speed (ABS) (5) Delinquency percentage is based off ending principal balances of the delinquent accounts at the end of the month (6) Delinquency and Cumulative Net loss percentages are based on the new reporting method.
Honda Auto Receivables 2011-1 Owner Trust
Summary of Initial Pool Composition Closing Date 2/24/2011 Credit Grade (2)
Cutoff Date 2/1/2011 A 76.47%Aggregate Principal Balance $1,025,646,788 B 14.64%Number of Receivables 62,621 C 6.99%Average Principal Balance $16,379 D 1.91%Average Original Amt Financed $22,173 Original Term (2)
Weighted Avg APR (1) 4.01% 1-24 0.18% Minimum 0.69% 25-36 9.53% Maximum 23.54% 37-48 3.96%Weighted Average Original Term to Maturity (1) 58.39 months 49-60 74.94%Weighted Average Remaining Term to Maturity (1) 45.82 months 61-72 11.39%Non-Zero Weighted Average FICO score (1) 750 Top 5 State (2)(3)
Percentage New Vehicle (2) 87.37% CA 14.55%Percentage Used Vehicle (2) 12.63% TX 9.38%Percentage Honda (2) 85.56% FL 5.85%Percentage Acura (2) 14.44% NJ 5.56% NY 5.23%
New Reporting Method Pool Cumulative Delinquencies (5) Cumulative
Month Factor Prepayments (4) Net Loss 31-60 61-90 91-120 121+ 61+ Net Loss 61+1 Feb-11 96.86% 1.00% 0.00% 0.30% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%2 Mar-11 93.39% 1.31% 0.00% 0.86% 0.02% 0.00% 0.00% 0.02% 0.00% 0.01%3 Apr-11 90.01% 1.29% 0.00% 1.06% 0.09% 0.00% 0.00% 0.09% 0.00% 0.05%4 May-11 86.74% 1.25% 0.01% 1.34% 0.13% 0.02% 0.00% 0.15% 0.01% 0.06%5 Jun-11 83.35% 1.39% 0.02% 1.61% 0.19% 0.01% 0.00% 0.20% 0.02% 0.06%6 Jul-11 80.12% 1.32% 0.04% 1.79% 0.22% 0.05% 0.00% 0.27% 0.03% 0.06%7 Aug-11 76.73% 1.50% 0.06% 1.84% 0.38% 0.06% 0.00% 0.44% 0.05% 0.10%8 Sep-11 73.54% 1.40% 0.07% 2.20% 0.29% 0.07% 0.00% 0.36% 0.06% 0.09%9 Oct-11 70.42% 1.39% 0.10% 2.25% 0.39% 0.07% 0.00% 0.46% 0.09% 0.12%
10 Nov-11 67.45% 1.34% 0.13% 2.56% 0.46% 0.05% 0.00% 0.51% 0.11% 0.12%11 Dec-11 64.48% 1.39% 0.14% 2.57% 0.48% 0.11% 0.00% 0.59% 0.11% 0.13%12 Jan-12 61.58% 1.40% 0.16% 2.45% 0.64% 0.12% 0.00% 0.76% 0.13% 0.11%13 Feb-12 58.61% 1.51% 0.18% 2.84% 0.43% 0.08% 0.00% 0.51% 0.15% 0.06%14 Mar-12 55.59% 1.63% 0.18% 2.62% 0.46% 0.07% 0.00% 0.53% 0.15% 0.07%15 Apr-12 52.74% 1.55% 0.20% 2.94% 0.60% 0.06% 0.00% 0.66% 0.15% 0.08%16 May-12 49.95% 1.57% 0.20% 2.98% 0.65% 0.16% 0.00% 0.81% 0.15% 0.10%17 Jun-12 47.27% 1.55% 0.21% 3.02% 0.84% 0.11% 0.00% 0.95% 0.16% 0.12%18 Jul-12 44.74% 1.47% 0.23% 3.24% 0.89% 0.15% 0.00% 1.04% 0.17% 0.10%19 Aug-12 42.10% 1.66% 0.24% 3.02% 1.11% 0.21% 0.00% 1.32% 0.17% 0.11%20 Sep-12 39.85% 1.34% 0.25% 3.63% 1.04% 0.28% 0.00% 1.32% 0.18% 0.17%21 Oct-12 37.53% 1.49% 0.25% 3.58% 1.11% 0.28% 0.00% 1.39% 0.18% 0.17%22 Nov-12 35.27% 1.51% 0.27% 3.52% 1.25% 0.29% 0.00% 1.54% 0.20% 0.17%23 Dec-12 33.19% 1.38% 0.29% 3.87% 1.28% 0.41% 0.00% 1.69% 0.20% 0.18%24 Jan-13 31.10% 1.49% 0.30% 3.67% 1.55% 0.38% 0.00% 1.93% 0.20% 0.14%25 Feb-13 29.19% 1.34% 0.29% 4.05% 1.37% 0.38% 0.00% 1.75% 0.20% 0.12%26 Mar-13 27.20% 1.56% 0.29% 3.73% 1.30% 0.39% 0.00% 1.69% 0.20% 0.12%27 Apr-13 25.29% 1.55% 0.29% 3.84% 1.36% 0.41% 0.00% 1.77% 0.21% 0.08%28 May-13 23.50% 1.48% 0.29% 3.79% 1.27% 0.55% 0.00% 1.82% 0.21% 0.10%29 Jun-13 21.87% 1.36% 0.31% 4.22% 1.42% 0.53% 0.00% 1.95% 0.20% 0.16%30 Jul-13 20.32% 1.33% 0.31% 4.05% 1.60% 0.61% 0.00% 2.21% 0.21% 0.21%31 Aug-13 18.84% 1.32% 0.31% 3.82% 1.75% 0.74% 0.00% 2.49% 0.21% 0.26%32 Sep-13 17.51% 1.16% 0.32% 4.20% 1.52% 0.77% 0.00% 2.29% 0.21% 0.19%33 Oct-13 16.23% 1.18% 0.33% 4.14% 1.63% 0.62% 0.00% 2.25% 0.22% 0.14%34 Nov-13 15.08% 0.99% 0.34% 4.19% 1.78% 0.62% 0.00% 2.40% 0.22% 0.15%35 Dec-13 13.95% 1.04% 0.33% 4.26% 1.71% 0.87% 0.00% 2.58% 0.22% 0.25%36 Jan-14 12.79% 1.24% 0.35% 3.85% 1.86% 0.91% 0.00% 2.77% 0.22% 0.29%37 Feb-14 11.73% 1.10% 0.35% 4.41% 1.73% 0.70% 0.00% 2.43% 0.22% 0.20%38 Mar-14 10.64% 1.29% 0.35% 4.12% 1.75% 0.63% 0.00% 2.38% 0.22% 0.22%39 Apr-14 9.61% 1.29% 0.35% 4.21% 1.82% 0.60% 0.00% 2.42% 0.22% 0.20%40 May-14 0.00% 0.34% 0.22%
Honda Auto Receivables 2011-2 Owner Trust
Summary of Initial Pool Composition Closing Date 5/25/2011 Credit Grade (2)
Cutoff Date 5/1/2011 A 76.34%Aggregate Principal Balance $1,481,913,484 B 15.13%Number of Receivables 85,393 C 6.49%Average Principal Balance $17,354 D 2.03%Average Original Amt Financed $22,614 Original Term (2)
Weighted Avg APR (1) 3.71% 1-24 0.17% Minimum 0.50% 25-36 7.89% Maximum 22.99% 37-48 3.04%Weighted Average Original Term to Maturity (1) 58.87 months 49-60 77.70%Weighted Average Remaining Term to Maturity (1) 47.00 months 61-72 11.20%Non-Zero Weighted Average FICO score (1) 751 Top 5 State (2)(3)
Percentage New Vehicle (2) 87.20% CA 15.79%Percentage Used Vehicle (2) 12.80% TX 9.76%Percentage Honda (2) 84.60% FL 6.68%Percentage Acura (2) 15.40% NJ 6.02% NY 5.55%
New Reporting Method Pool Cumulative Delinquencies (5) Cumulative
Month Factor Prepayments (4) Net Loss 31-60 61-90 91-120 121+ 61+ Net Loss 61+1 May-11 96.89% 1.01% 0.00% 0.27% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%2 Jun-11 93.64% 1.19% 0.00% 1.03% 0.05% 0.00% 0.00% 0.05% 0.00% 0.03%3 Jul-11 90.49% 1.15% 0.00% 1.31% 0.14% 0.02% 0.00% 0.16% 0.00% 0.05%4 Aug-11 87.19% 1.31% 0.02% 1.52% 0.26% 0.03% 0.00% 0.29% 0.01% 0.09%5 Sep-11 84.02% 1.25% 0.03% 1.83% 0.19% 0.04% 0.00% 0.23% 0.03% 0.10%6 Oct-11 80.90% 1.25% 0.06% 2.02% 0.21% 0.03% 0.00% 0.24% 0.05% 0.07%7 Nov-11 77.85% 1.25% 0.09% 2.32% 0.31% 0.06% 0.00% 0.37% 0.08% 0.10%8 Dec-11 74.88% 1.23% 0.11% 2.45% 0.29% 0.10% 0.00% 0.39% 0.08% 0.13%9 Jan-12 71.84% 1.33% 0.13% 2.29% 0.56% 0.07% 0.00% 0.63% 0.10% 0.11%
10 Feb-12 68.85% 1.35% 0.15% 2.50% 0.37% 0.06% 0.00% 0.43% 0.12% 0.07%11 Mar-12 65.68% 1.56% 0.16% 2.25% 0.34% 0.05% 0.00% 0.39% 0.13% 0.05%12 Apr-12 62.69% 1.47% 0.17% 2.53% 0.43% 0.06% 0.00% 0.49% 0.14% 0.06%13 May-12 59.76% 1.48% 0.18% 2.72% 0.49% 0.10% 0.00% 0.59% 0.15% 0.08%14 Jun-12 56.91% 1.47% 0.19% 2.70% 0.63% 0.10% 0.00% 0.73% 0.15% 0.10%15 Jul-12 54.17% 1.44% 0.20% 3.07% 0.57% 0.20% 0.00% 0.77% 0.16% 0.11%16 Aug-12 51.39% 1.54% 0.22% 2.77% 0.84% 0.17% 0.00% 1.01% 0.16% 0.09%17 Sep-12 48.88% 1.34% 0.24% 3.23% 0.79% 0.22% 0.00% 1.01% 0.17% 0.09%18 Oct-12 46.33% 1.46% 0.26% 3.28% 0.82% 0.21% 0.00% 1.03% 0.18% 0.13%19 Nov-12 43.86% 1.45% 0.28% 3.22% 0.94% 0.23% 0.00% 1.17% 0.19% 0.18%20 Dec-12 41.60% 1.29% 0.30% 3.60% 1.02% 0.32% 0.00% 1.34% 0.21% 0.15%21 Jan-13 39.26% 1.46% 0.30% 3.19% 1.23% 0.35% 0.00% 1.58% 0.21% 0.19%22 Feb-13 37.06% 1.38% 0.32% 3.70% 1.04% 0.30% 0.00% 1.34% 0.21% 0.15%23 Mar-13 34.77% 1.57% 0.32% 3.53% 1.05% 0.24% 0.00% 1.29% 0.22% 0.10%24 Apr-13 32.62% 1.50% 0.32% 3.55% 1.09% 0.27% 0.00% 1.36% 0.22% 0.11%25 May-13 30.53% 1.50% 0.32% 3.50% 1.15% 0.35% 0.00% 1.50% 0.22% 0.13%26 Jun-13 28.66% 1.31% 0.33% 3.75% 1.29% 0.40% 0.00% 1.69% 0.23% 0.11%27 Jul-13 26.73% 1.49% 0.35% 3.79% 1.15% 0.51% 0.00% 1.66% 0.23% 0.17%28 Aug-13 24.92% 1.42% 0.36% 3.51% 1.48% 0.48% 0.00% 1.96% 0.24% 0.16%29 Sep-13 23.28% 1.25% 0.37% 3.88% 1.44% 0.46% 0.00% 1.90% 0.24% 0.16%30 Oct-13 21.72% 1.22% 0.37% 3.77% 1.50% 0.53% 0.00% 2.03% 0.24% 0.20%31 Nov-13 20.27% 1.10% 0.37% 3.82% 1.59% 0.48% 0.00% 2.07% 0.25% 0.20%32 Dec-13 18.83% 1.20% 0.38% 3.93% 1.58% 0.62% 0.00% 2.20% 0.25% 0.21%33 Jan-14 17.43% 1.22% 0.39% 3.63% 1.77% 0.58% 0.00% 2.35% 0.25% 0.23%34 Feb-14 16.13% 1.11% 0.38% 4.14% 1.59% 0.53% 0.00% 2.12% 0.25% 0.14%35 Mar-14 14.77% 1.35% 0.37% 3.85% 1.61% 0.57% 0.00% 2.18% 0.25% 0.14%36 Apr-14 13.49% 1.32% 0.36% 4.10% 1.57% 0.61% 0.00% 2.18% 0.25% 0.17%37 May-14 12.29% 1.29% 0.36% 4.10% 1.58% 0.64% 0.00% 2.22% 0.24% 0.16%38 Jun-14 11.16% 1.25% 0.36% 4.16% 1.73% 0.69% 0.00% 2.42% 0.24% 0.16%39 Jul-14 10.06% 1.30% 0.36% 4.17% 1.69% 0.80% 0.00% 2.49% 0.24% 0.19%40 Aug-14 9.03% 1.30% 0.35% 3.97% 1.97% 0.92% 0.00% 2.89% 0.24% 0.26%41 Sep-14 0.00% 0.35% 0.24%
Honda Auto Receivables 2011-3 Owner Trust
Summary of Initial Pool Composition Closing Date 10/21/2011 Credit Grade (2)
Cutoff Date 10/1/2011 A 76.84%Aggregate Principal Balance $1,521,949,073 B 15.32%Number of Receivables 99,154 C 5.82%Average Principal Balance $15,349 D 2.02%Average Original Amt Financed $21,969 Original Term (2)
Weighted Avg APR (1) 3.24% 1-24 0.12% Minimum 0.50% 25-36 5.95% Maximum 22.34% 37-48 2.48%Weighted Average Original Term to Maturity (1) 59.55 months 49-60 79.21%Weighted Average Remaining Term to Maturity (1) 45.17 months 61-72 12.23%Non-Zero Weighted Average FICO score (1) 751 Top 5 State (2)(3)
Percentage New Vehicle (2) 86.10% CA 15.49%Percentage Used Vehicle (2) 13.90% TX 9.03%Percentage Honda (2) 84.15% FL 6.46%Percentage Acura (2) 15.85% NJ 5.60% NY 5.51%
New Reporting Method Pool Cumulative Delinquencies (5) Cumulative
Month Factor Prepayments (4) Net Loss 31-60 61-90 91-120 121+ 61+ Net Loss 61+1 Oct-11 96.57% 1.15% 0.00% 0.30% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%2 Nov-11 93.25% 1.14% 0.00% 1.19% 0.05% 0.00% 0.00% 0.05% 0.00% 0.04%3 Dec-11 89.89% 1.20% 0.01% 1.39% 0.14% 0.01% 0.00% 0.15% 0.01% 0.06%4 Jan-12 86.43% 1.33% 0.02% 1.53% 0.25% 0.03% 0.00% 0.28% 0.02% 0.07%5 Feb-12 82.99% 1.37% 0.04% 1.72% 0.17% 0.02% 0.00% 0.19% 0.04% 0.06%6 Mar-12 79.34% 1.56% 0.06% 1.54% 0.19% 0.02% 0.00% 0.21% 0.05% 0.05%7 Apr-12 75.96% 1.44% 0.07% 1.86% 0.23% 0.03% 0.00% 0.26% 0.06% 0.05%8 May-12 72.63% 1.45% 0.08% 2.09% 0.26% 0.06% 0.00% 0.32% 0.07% 0.08%9 Jun-12 69.34% 1.49% 0.10% 2.26% 0.32% 0.05% 0.00% 0.37% 0.08% 0.08%
10 Jul-12 66.16% 1.46% 0.12% 2.43% 0.38% 0.09% 0.00% 0.47% 0.09% 0.10%11 Aug-12 62.98% 1.52% 0.13% 2.32% 0.56% 0.09% 0.00% 0.65% 0.11% 0.09%12 Sep-12 60.13% 1.32% 0.15% 2.81% 0.53% 0.11% 0.00% 0.64% 0.11% 0.10%13 Oct-12 57.18% 1.47% 0.17% 2.75% 0.54% 0.11% 0.00% 0.65% 0.12% 0.13%14 Nov-12 54.40% 1.38% 0.19% 2.92% 0.64% 0.14% 0.00% 0.78% 0.13% 0.15%15 Dec-12 51.73% 1.36% 0.20% 3.21% 0.76% 0.21% 0.00% 0.97% 0.14% 0.17%16 Jan-13 48.97% 1.51% 0.23% 2.98% 1.02% 0.19% 0.00% 1.21% 0.15% 0.17%17 Feb-13 46.46% 1.34% 0.24% 3.36% 0.86% 0.16% 0.00% 1.02% 0.16% 0.10%18 Mar-13 43.80% 1.57% 0.24% 3.15% 0.80% 0.14% 0.00% 0.94% 0.17% 0.07%19 Apr-13 41.22% 1.57% 0.25% 3.36% 0.78% 0.16% 0.00% 0.94% 0.17% 0.10%20 May-13 38.81% 1.48% 0.25% 3.20% 0.85% 0.22% 0.00% 1.07% 0.18% 0.10%21 Jun-13 36.61% 1.34% 0.26% 3.58% 1.04% 0.20% 0.00% 1.24% 0.17% 0.11%22 Jul-13 34.37% 1.46% 0.27% 3.53% 1.01% 0.28% 0.00% 1.29% 0.18% 0.14%23 Aug-13 32.25% 1.42% 0.28% 3.14% 1.24% 0.30% 0.00% 1.54% 0.19% 0.12%24 Sep-13 30.32% 1.26% 0.29% 3.67% 1.09% 0.36% 0.00% 1.45% 0.19% 0.11%25 Oct-13 28.46% 1.27% 0.30% 3.68% 1.14% 0.36% 0.00% 1.50% 0.19% 0.14%26 Nov-13 26.74% 1.15% 0.30% 3.78% 1.35% 0.41% 0.00% 1.76% 0.19% 0.20%27 Dec-13 25.06% 1.17% 0.31% 3.71% 1.34% 0.57% 0.00% 1.91% 0.20% 0.21%28 Jan-14 23.37% 1.27% 0.32% 3.28% 1.57% 0.54% 0.00% 2.11% 0.21% 0.16%29 Feb-14 21.80% 1.19% 0.32% 3.83% 1.44% 0.43% 0.00% 1.87% 0.21% 0.11%30 Mar-14 20.19% 1.34% 0.32% 3.50% 1.43% 0.44% 0.00% 1.87% 0.21% 0.11%31 Apr-14 18.69% 1.28% 0.32% 3.57% 1.37% 0.50% 0.00% 1.87% 0.21% 0.10%32 May-14 17.28% 1.22% 0.31% 3.63% 1.32% 0.56% 0.00% 1.88% 0.21% 0.08%33 Jun-14 15.92% 1.24% 0.32% 3.77% 1.46% 0.48% 0.00% 1.94% 0.21% 0.11%34 Jul-14 14.62% 1.25% 0.33% 3.71% 1.41% 0.57% 0.00% 1.98% 0.21% 0.14%35 Aug-14 13.38% 1.23% 0.33% 3.47% 1.81% 0.66% 0.00% 2.47% 0.21% 0.17%36 Sep-14 12.18% 1.27% 0.33% 3.77% 1.52% 0.69% 0.00% 2.21% 0.21% 0.17%37 Oct-14 11.06% 1.24% 0.32% 3.83% 1.53% 0.69% 0.00% 2.22% 0.21% 0.20%38 Nov-14 10.06% 1.07% 0.32% 4.16% 1.81% 0.70% 0.00% 2.51% 0.21% 0.21%39 Dec-14 9.04% 1.27% 0.32% 4.17% 1.71% 0.83% 0.00% 2.54% 0.21% 0.16%40 Jan-15 0.00% 0.32% 0.21%
Honda Auto Receivables 2012-1 Owner Trust
Summary of Initial Pool Composition Closing Date 2/23/2012 Credit Grade (2)
Cutoff Date 2/1/2012 A 77.07%Aggregate Principal Balance $1,737,164,364 B 15.25%Number of Receivables 107,845 C 5.72%Average Principal Balance $16,108 D 1.97%Average Original Amt Financed $22,457 Original Term (2)
Weighted Avg APR (1) 2.96% 1-24 0.11% Minimum 0.50% 25-36 5.83% Maximum 23.49% 37-48 2.42%Weighted Average Original Term to Maturity (1) 59.59 months 49-60 79.45%Weighted Average Remaining Term to Maturity (1) 46.07 months 61-72 12.19%Non-Zero Weighted Average FICO score (1) 752 Top 5 State (2)(3)
Percentage New Vehicle (2) 86.40% CA 15.92%Percentage Used Vehicle (2) 13.60% TX 8.44%Percentage Honda (2) 85.28% FL 5.82%Percentage Acura (2) 14.72% NJ 5.20% NY 5.18%
New Reporting Method Pool Cumulative Delinquencies (5) Cumulative
Month Factor Prepayments (4) Net Loss 31-60 61-90 91-120 121+ 61+ Net Loss 61+1 Feb-12 96.65% 1.12% 0.00% 0.21% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%2 Mar-12 93.13% 1.32% 0.00% 0.70% 0.02% 0.00% 0.00% 0.02% 0.00% 0.01%3 Apr-12 89.70% 1.29% 0.00% 1.00% 0.05% 0.01% 0.00% 0.06% 0.00% 0.03%4 May-12 86.28% 1.34% 0.01% 1.25% 0.08% 0.02% 0.00% 0.10% 0.01% 0.04%5 Jun-12 82.89% 1.37% 0.02% 1.40% 0.12% 0.02% 0.00% 0.14% 0.02% 0.06%6 Jul-12 79.60% 1.34% 0.03% 1.56% 0.17% 0.04% 0.00% 0.21% 0.03% 0.06%7 Aug-12 76.18% 1.49% 0.05% 1.56% 0.35% 0.06% 0.00% 0.41% 0.04% 0.09%8 Sep-12 73.16% 1.25% 0.08% 2.13% 0.27% 0.06% 0.00% 0.33% 0.06% 0.09%9 Oct-12 70.05% 1.36% 0.10% 2.07% 0.29% 0.07% 0.00% 0.36% 0.08% 0.08%
10 Nov-12 67.00% 1.38% 0.12% 2.28% 0.39% 0.07% 0.00% 0.46% 0.10% 0.11%11 Dec-12 64.18% 1.24% 0.14% 2.51% 0.49% 0.12% 0.00% 0.61% 0.11% 0.13%12 Jan-13 61.25% 1.39% 0.16% 2.35% 0.62% 0.13% 0.00% 0.75% 0.12% 0.11%13 Feb-13 58.47% 1.32% 0.17% 2.68% 0.56% 0.09% 0.00% 0.65% 0.13% 0.07%14 Mar-13 55.57% 1.50% 0.18% 2.52% 0.51% 0.09% 0.00% 0.60% 0.14% 0.07%15 Apr-13 52.71% 1.53% 0.18% 2.55% 0.60% 0.10% 0.00% 0.70% 0.15% 0.09%16 May-13 49.98% 1.49% 0.19% 2.56% 0.57% 0.15% 0.00% 0.72% 0.15% 0.07%17 Jun-13 47.48% 1.34% 0.20% 2.82% 0.73% 0.16% 0.00% 0.89% 0.15% 0.10%18 Jul-13 44.92% 1.46% 0.20% 2.81% 0.70% 0.22% 0.00% 0.92% 0.15% 0.11%19 Aug-13 42.46% 1.44% 0.22% 2.72% 0.91% 0.23% 0.00% 1.14% 0.16% 0.12%20 Sep-13 40.22% 1.28% 0.23% 3.05% 0.82% 0.27% 0.00% 1.09% 0.16% 0.13%21 Oct-13 38.01% 1.31% 0.24% 3.12% 0.85% 0.29% 0.00% 1.14% 0.17% 0.12%22 Nov-13 35.95% 1.21% 0.25% 3.09% 1.11% 0.27% 0.00% 1.38% 0.18% 0.12%23 Dec-13 33.94% 1.23% 0.26% 3.29% 1.06% 0.35% 0.00% 1.41% 0.18% 0.12%24 Jan-14 31.96% 1.27% 0.28% 3.04% 1.28% 0.35% 0.00% 1.63% 0.19% 0.11%25 Feb-14 30.08% 1.21% 0.28% 3.26% 1.17% 0.32% 0.00% 1.49% 0.19% 0.10%26 Mar-14 28.14% 1.39% 0.29% 3.17% 1.09% 0.27% 0.00% 1.36% 0.19% 0.09%27 Apr-14 26.28% 1.36% 0.29% 3.14% 1.24% 0.35% 0.00% 1.59% 0.20% 0.10%28 May-14 24.56% 1.27% 0.29% 3.18% 1.22% 0.41% 0.00% 1.63% 0.19% 0.11%29 Jun-14 22.88% 1.29% 0.29% 3.32% 1.30% 0.46% 0.00% 1.76% 0.19% 0.11%30 Jul-14 21.27% 1.30% 0.30% 3.14% 1.33% 0.53% 0.00% 1.86% 0.20% 0.11%31 Aug-14 19.73% 1.26% 0.30% 3.13% 1.56% 0.57% 0.00% 2.13% 0.19% 0.13%32 Sep-14 18.26% 1.27% 0.31% 3.44% 1.38% 0.49% 0.00% 1.87% 0.19% 0.11%33 Oct-14 16.87% 1.20% 0.31% 3.39% 1.33% 0.57% 0.00% 1.90% 0.19% 0.12%34 Nov-14 15.63% 1.03% 0.32% 3.64% 1.47% 0.60% 0.00% 2.07% 0.19% 0.16%35 Dec-14 14.31% 1.30% 0.32% 3.46% 1.56% 0.65% 0.00% 2.21% 0.19% 0.18%36 Jan-15 13.08% 1.25% 0.32% 3.19% 1.71% 0.61% 0.00% 2.32% 0.19% 0.17%37 Feb-15 11.94% 1.17% 0.31% 3.77% 1.51% 0.60% 0.00% 2.11% 0.19% 0.10%38 Mar-15 10.75% 1.42% 0.31% 3.45% 1.39% 0.64% 0.00% 2.03% 0.19% 0.07%39 Apr-15 9.67% 1.31% 0.30% 3.58% 1.64% 0.58% 0.00% 2.22% 0.19% 0.08%40 May-15 0.00% 0.30% 0.19%
Honda Auto Receivables 2012-2 Owner Trust
Summary of Initial Pool Composition Closing Date 4/25/2012 Credit Grade (2)
Cutoff Date 4/1/2012 A 78.24%Aggregate Principal Balance $1,538,462,660 B 14.22%Number of Receivables 91,636 C 6.24%Average Principal Balance $16,789 D 1.30%Average Original Amt Financed $23,060 Original Term (2)
Weighted Avg APR (1) 2.78% 1-24 0.05% Minimum 0.50% 25-36 5.65% Maximum 21.79% 37-48 1.93%Weighted Average Original Term to Maturity (1) 59.79 months 49-60 79.63%Weighted Average Remaining Term to Maturity (1) 46.46 months 61-72 12.74%Non-Zero Weighted Average FICO score (1) 752 Top 5 State (2)(3)
Percentage New Vehicle (2) 86.57% CA 16.25%Percentage Used Vehicle (2) 13.43% TX 8.53%Percentage Honda (2) 85.25% FL 5.56%Percentage Acura (2) 14.75% NJ 5.12% NY 4.96%
New Reporting Method Pool Cumulative Delinquencies (5) Cumulative
Month Factor Prepayments (4) Net Loss 31-60 61-90 91-120 121+ 61+ Net Loss 61+1 Apr-12 96.59% 1.18% 0.00% 0.08% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%2 May-12 93.21% 1.23% 0.00% 0.66% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01%3 Jun-12 89.78% 1.31% 0.00% 0.94% 0.04% 0.00% 0.00% 0.04% 0.00% 0.02%4 Jul-12 86.55% 1.20% 0.01% 1.22% 0.08% 0.02% 0.00% 0.10% 0.01% 0.04%5 Aug-12 83.18% 1.35% 0.02% 1.24% 0.21% 0.02% 0.00% 0.23% 0.02% 0.04%6 Sep-12 80.17% 1.12% 0.03% 1.67% 0.16% 0.04% 0.00% 0.20% 0.02% 0.04%7 Oct-12 77.02% 1.29% 0.05% 1.76% 0.15% 0.05% 0.00% 0.20% 0.03% 0.03%8 Nov-12 73.88% 1.33% 0.06% 1.83% 0.25% 0.03% 0.00% 0.28% 0.04% 0.05%9 Dec-12 70.90% 1.25% 0.07% 2.10% 0.28% 0.07% 0.00% 0.35% 0.05% 0.07%
10 Jan-13 67.87% 1.35% 0.08% 1.96% 0.46% 0.10% 0.00% 0.56% 0.06% 0.07%11 Feb-13 65.03% 1.24% 0.09% 2.39% 0.34% 0.08% 0.00% 0.42% 0.07% 0.06%12 Mar-13 61.95% 1.51% 0.11% 2.22% 0.33% 0.05% 0.00% 0.38% 0.08% 0.03%13 Apr-13 58.89% 1.56% 0.11% 2.33% 0.38% 0.08% 0.00% 0.46% 0.08% 0.06%14 May-13 56.03% 1.45% 0.12% 2.29% 0.40% 0.10% 0.00% 0.50% 0.09% 0.07%15 Jun-13 53.33% 1.37% 0.14% 2.64% 0.48% 0.12% 0.00% 0.60% 0.09% 0.09%16 Jul-13 50.54% 1.52% 0.15% 2.63% 0.51% 0.17% 0.00% 0.68% 0.10% 0.09%17 Aug-13 47.94% 1.41% 0.17% 2.45% 0.70% 0.19% 0.00% 0.89% 0.11% 0.08%18 Sep-13 45.51% 1.31% 0.19% 2.86% 0.58% 0.19% 0.00% 0.77% 0.12% 0.09%19 Oct-13 43.14% 1.32% 0.21% 2.76% 0.67% 0.18% 0.00% 0.85% 0.13% 0.09%20 Nov-13 40.96% 1.16% 0.22% 2.93% 0.75% 0.17% 0.00% 0.92% 0.14% 0.13%21 Dec-13 38.75% 1.28% 0.23% 3.08% 0.80% 0.22% 0.00% 1.02% 0.14% 0.11%22 Jan-14 36.58% 1.31% 0.24% 2.76% 1.01% 0.26% 0.00% 1.27% 0.15% 0.08%23 Feb-14 34.62% 1.12% 0.24% 3.12% 0.82% 0.22% 0.00% 1.04% 0.15% 0.09%24 Mar-14 32.49% 1.41% 0.24% 2.93% 0.79% 0.19% 0.00% 0.98% 0.16% 0.05%25 Apr-14 30.46% 1.38% 0.24% 2.90% 0.84% 0.25% 0.00% 1.09% 0.15% 0.07%26 May-14 28.58% 1.27% 0.24% 2.88% 0.84% 0.29% 0.00% 1.13% 0.15% 0.08%27 Jun-14 26.75% 1.28% 0.24% 2.93% 1.00% 0.30% 0.00% 1.30% 0.15% 0.07%28 Jul-14 24.92% 1.38% 0.25% 3.07% 0.93% 0.41% 0.00% 1.34% 0.15% 0.11%29 Aug-14 23.20% 1.31% 0.25% 2.89% 1.18% 0.38% 0.00% 1.56% 0.15% 0.11%30 Sep-14 21.54% 1.33% 0.26% 3.17% 1.02% 0.38% 0.00% 1.40% 0.15% 0.09%31 Oct-14 19.95% 1.32% 0.26% 2.96% 1.05% 0.36% 0.00% 1.41% 0.15% 0.09%32 Nov-14 18.59% 1.00% 0.26% 3.40% 1.26% 0.39% 0.00% 1.65% 0.15% 0.14%33 Dec-14 17.16% 1.25% 0.26% 3.33% 1.06% 0.52% 0.00% 1.58% 0.15% 0.12%34 Jan-15 15.79% 1.24% 0.25% 3.05% 1.34% 0.45% 0.00% 1.79% 0.15% 0.12%35 Feb-15 14.52% 1.16% 0.26% 3.49% 1.20% 0.34% 0.00% 1.54% 0.16% 0.08%36 Mar-15 13.19% 1.42% 0.25% 3.25% 1.22% 0.32% 0.00% 1.54% 0.15% 0.08%37 Apr-15 11.97% 1.32% 0.24% 3.37% 1.31% 0.39% 0.00% 1.70% 0.15% 0.10%38 May-15 10.83% 1.26% 0.24% 3.42% 1.21% 0.49% 0.00% 1.70% 0.15% 0.09%39 Jun-15 9.71% 1.37% 0.24% 3.46% 1.30% 0.51% 0.00% 1.81% 0.15% 0.09%40 Jul-15 0.00% 0.24% 0.15%
Honda Auto Receivables 2012-3 Owner Trust
Summary of Initial Pool Composition Closing Date 7/25/2012 Credit Grade (2)
Cutoff Date 7/1/2012 A 78.16%Aggregate Principal Balance $1,538,461,539 B 14.31%Number of Receivables 93,151 C 5.89%Average Principal Balance $16,516 D 1.64%Average Original Amt Financed $23,086 Original Term (2)
Weighted Avg APR (1) 2.80% 1-24 0.27% Minimum 0.50% 25-36 5.89% Maximum 23.44% 37-48 1.95%Weighted Average Original Term to Maturity (1) 59.60 months 49-60 79.42%Weighted Average Remaining Term to Maturity (1) 46.52 months 61-72 12.47%Non-Zero Weighted Average FICO score (1) 752 Top 5 State (2)(3)
Percentage New Vehicle (2) 86.77% CA 15.61%Percentage Used Vehicle (2) 13.23% TX 9.17%Percentage Honda (2) 84.12% FL 6.28%Percentage Acura (2) 15.88% NJ 5.24% PA 4.97%
New Reporting Method Pool Cumulative Delinquencies (5) Cumulative
Month Factor Prepayments (4) Net Loss 31-60 61-90 91-120 121+ 61+ Net Loss 61+1 Jul-12 96.62% 1.17% 0.00% 0.24% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%2 Aug-12 93.14% 1.30% 0.00% 0.88% 0.08% 0.00% 0.00% 0.08% 0.00% 0.02%3 Sep-12 89.96% 1.12% 0.01% 1.35% 0.11% 0.01% 0.00% 0.12% 0.01% 0.06%4 Oct-12 86.64% 1.28% 0.02% 1.51% 0.13% 0.02% 0.00% 0.15% 0.01% 0.07%5 Nov-12 83.38% 1.28% 0.04% 1.65% 0.20% 0.02% 0.00% 0.22% 0.03% 0.08%6 Dec-12 80.24% 1.23% 0.06% 2.04% 0.25% 0.03% 0.00% 0.28% 0.05% 0.08%7 Jan-13 77.08% 1.30% 0.07% 1.90% 0.42% 0.06% 0.00% 0.48% 0.05% 0.10%8 Feb-13 73.99% 1.30% 0.08% 2.30% 0.27% 0.06% 0.00% 0.33% 0.06% 0.05%9 Mar-13 70.75% 1.47% 0.09% 2.15% 0.28% 0.05% 0.00% 0.33% 0.07% 0.06%
10 Apr-13 67.54% 1.52% 0.11% 2.27% 0.30% 0.07% 0.00% 0.37% 0.08% 0.09%11 May-13 64.42% 1.51% 0.12% 2.21% 0.33% 0.08% 0.00% 0.41% 0.09% 0.08%12 Jun-13 61.61% 1.29% 0.14% 2.51% 0.47% 0.08% 0.00% 0.55% 0.10% 0.11%13 Jul-13 58.67% 1.47% 0.16% 2.52% 0.46% 0.13% 0.00% 0.59% 0.11% 0.15%14 Aug-13 55.95% 1.34% 0.18% 2.41% 0.62% 0.14% 0.00% 0.76% 0.12% 0.11%15 Sep-13 53.43% 1.21% 0.19% 2.78% 0.60% 0.15% 0.00% 0.75% 0.14% 0.10%16 Oct-13 50.89% 1.29% 0.20% 2.76% 0.66% 0.16% 0.00% 0.82% 0.15% 0.11%17 Nov-13 48.56% 1.12% 0.22% 2.93% 0.72% 0.20% 0.00% 0.92% 0.16% 0.15%18 Dec-13 46.23% 1.19% 0.23% 3.13% 0.75% 0.24% 0.00% 0.99% 0.17% 0.14%19 Jan-14 43.84% 1.32% 0.24% 2.80% 1.01% 0.23% 0.00% 1.24% 0.17% 0.15%20 Feb-14 41.67% 1.14% 0.25% 3.12% 0.78% 0.23% 0.00% 1.01% 0.18% 0.10%21 Mar-14 39.37% 1.36% 0.26% 2.92% 0.76% 0.20% 0.00% 0.96% 0.19% 0.09%22 Apr-14 37.12% 1.37% 0.26% 3.11% 0.82% 0.24% 0.00% 1.06% 0.19% 0.09%23 May-14 35.04% 1.25% 0.27% 3.13% 0.86% 0.26% 0.00% 1.12% 0.19% 0.10%24 Jun-14 33.02% 1.24% 0.27% 3.25% 0.97% 0.28% 0.00% 1.25% 0.20% 0.10%25 Jul-14 30.99% 1.35% 0.28% 3.33% 0.98% 0.33% 0.00% 1.31% 0.20% 0.13%26 Aug-14 29.07% 1.28% 0.29% 3.13% 1.30% 0.36% 0.00% 1.66% 0.20% 0.15%27 Sep-14 27.17% 1.36% 0.30% 3.45% 1.08% 0.38% 0.00% 1.46% 0.20% 0.14%28 Oct-14 25.37% 1.28% 0.30% 3.35% 1.10% 0.40% 0.00% 1.50% 0.21% 0.11%29 Nov-14 23.76% 1.09% 0.31% 3.66% 1.31% 0.39% 0.00% 1.70% 0.21% 0.15%30 Dec-14 22.09% 1.29% 0.32% 3.37% 1.33% 0.47% 0.00% 1.80% 0.21% 0.16%31 Jan-15 20.49% 1.26% 0.32% 3.19% 1.45% 0.49% 0.00% 1.94% 0.21% 0.14%32 Feb-15 19.03% 1.12% 0.32% 3.60% 1.35% 0.44% 0.00% 1.79% 0.21% 0.15%33 Mar-15 17.49% 1.39% 0.31% 3.37% 1.36% 0.39% 0.00% 1.75% 0.21% 0.10%34 Apr-15 16.08% 1.25% 0.31% 3.35% 1.38% 0.46% 0.00% 1.84% 0.21% 0.08%35 May-15 14.76% 1.18% 0.31% 3.56% 1.30% 0.61% 0.00% 1.91% 0.21% 0.11%36 Jun-15 13.45% 1.29% 0.31% 3.61% 1.46% 0.50% 0.00% 1.96% 0.21% 0.14%37 Jul-15 12.18% 1.36% 0.31% 3.48% 1.39% 0.66% 0.00% 2.05% 0.20% 0.11%38 Aug-15 11.01% 1.26% 0.30% 3.55% 1.74% 0.73% 0.00% 2.47% 0.20% 0.13%39 Sep-15 9.89% 1.29% 0.30% 3.91% 1.59% 0.78% 0.00% 2.37% 0.20% 0.14%40 Oct-15 0.00% 0.30% 0.20%
Honda Auto Receivables 2012-4 Owner Trust
Summary of Initial Pool Composition Closing Date 10/18/2012 Credit Grade (2)
Cutoff Date 10/1/2012 A 78.92%Aggregate Principal Balance $1,025,641,031 B 13.71%Number of Receivables 62,072 C 5.58%Average Principal Balance $16,523 D 1.79%Average Original Amt Financed $22,821 Original Term (2)
Weighted Avg APR (1) 2.92% 1-24 0.18% Minimum 0.50% 25-36 8.02% Maximum 21.99% 37-48 2.54%Weighted Average Original Term to Maturity (1) 59.05 months 49-60 77.12%Weighted Average Remaining Term to Maturity (1) 45.52 months 61-72 12.14%Non-Zero Weighted Average FICO score (1) 751 Top 5 State (2)(3)
Percentage New Vehicle (2) 86.70% CA 16.26%Percentage Used Vehicle (2) 13.30% TX 8.80%Percentage Honda (2) 84.17% FL 5.95%Percentage Acura (2) 15.83% NJ 5.11% NY 4.94%
New Reporting Method Pool Cumulative Delinquencies (5) Cumulative
Month Factor Prepayments (4) Net Loss 31-60 61-90 91-120 121+ 61+ Net Loss 61+1 Oct-12 96.55% 1.18% 0.00% 0.29% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02%2 Nov-12 93.19% 1.19% 0.00% 0.89% 0.05% 0.00% 0.00% 0.05% 0.00% 0.05%3 Dec-12 90.00% 1.09% 0.01% 1.35% 0.10% 0.01% 0.00% 0.11% 0.01% 0.06%4 Jan-13 86.66% 1.26% 0.02% 1.36% 0.26% 0.02% 0.00% 0.28% 0.01% 0.06%5 Feb-13 83.43% 1.22% 0.03% 1.67% 0.18% 0.02% 0.00% 0.20% 0.02% 0.04%6 Mar-13 79.88% 1.50% 0.04% 1.55% 0.19% 0.01% 0.00% 0.20% 0.04% 0.03%7 Apr-13 76.37% 1.54% 0.05% 1.68% 0.23% 0.03% 0.00% 0.26% 0.05% 0.05%8 May-13 72.99% 1.50% 0.07% 1.77% 0.29% 0.04% 0.00% 0.33% 0.06% 0.06%9 Jun-13 69.92% 1.31% 0.09% 2.08% 0.41% 0.05% 0.00% 0.46% 0.07% 0.08%
10 Jul-13 66.66% 1.53% 0.10% 2.16% 0.33% 0.10% 0.00% 0.43% 0.07% 0.09%11 Aug-13 63.58% 1.44% 0.11% 2.13% 0.53% 0.08% 0.00% 0.61% 0.09% 0.11%12 Sep-13 60.72% 1.32% 0.12% 2.41% 0.55% 0.10% 0.00% 0.65% 0.10% 0.12%13 Oct-13 57.85% 1.38% 0.14% 2.50% 0.56% 0.14% 0.00% 0.70% 0.12% 0.12%14 Nov-13 55.15% 1.30% 0.17% 2.80% 0.61% 0.15% 0.00% 0.76% 0.13% 0.13%15 Dec-13 52.51% 1.30% 0.19% 2.88% 0.74% 0.19% 0.00% 0.93% 0.14% 0.17%16 Jan-14 49.86% 1.38% 0.21% 2.70% 0.92% 0.17% 0.00% 1.09% 0.15% 0.12%17 Feb-14 47.39% 1.27% 0.23% 2.91% 0.75% 0.16% 0.00% 0.91% 0.17% 0.12%18 Mar-14 44.76% 1.51% 0.23% 2.78% 0.75% 0.15% 0.00% 0.90% 0.17% 0.13%19 Apr-14 42.23% 1.49% 0.24% 2.81% 0.80% 0.18% 0.00% 0.98% 0.18% 0.09%20 May-14 39.86% 1.39% 0.24% 2.78% 0.83% 0.24% 0.00% 1.07% 0.18% 0.09%21 Jun-14 37.58% 1.38% 0.26% 3.04% 0.91% 0.24% 0.00% 1.15% 0.19% 0.08%22 Jul-14 35.28% 1.49% 0.27% 2.97% 0.91% 0.30% 0.00% 1.21% 0.19% 0.09%23 Aug-14 33.10% 1.43% 0.28% 2.86% 1.20% 0.31% 0.00% 1.51% 0.18% 0.12%24 Sep-14 30.98% 1.45% 0.29% 3.15% 1.00% 0.42% 0.00% 1.42% 0.19% 0.10%25 Oct-14 28.90% 1.50% 0.30% 3.13% 0.99% 0.38% 0.00% 1.37% 0.19% 0.15%26 Nov-14 27.14% 1.16% 0.30% 3.33% 1.22% 0.36% 0.00% 1.58% 0.19% 0.13%27 Dec-14 25.27% 1.42% 0.31% 3.15% 1.22% 0.46% 0.00% 1.68% 0.20% 0.13%28 Jan-15 23.50% 1.38% 0.31% 3.03% 1.32% 0.49% 0.00% 1.81% 0.20% 0.16%29 Feb-15 21.86% 1.28% 0.31% 3.36% 1.24% 0.44% 0.00% 1.68% 0.20% 0.13%30 Mar-15 20.18% 1.46% 0.31% 3.15% 1.20% 0.45% 0.00% 1.65% 0.20% 0.10%31 Apr-15 18.62% 1.38% 0.31% 3.09% 1.31% 0.43% 0.00% 1.74% 0.21% 0.10%32 May-15 17.17% 1.30% 0.31% 3.29% 1.22% 0.55% 0.00% 1.77% 0.20% 0.10%33 Jun-15 15.77% 1.33% 0.31% 3.26% 1.33% 0.60% 0.00% 1.93% 0.20% 0.16%34 Jul-15 14.44% 1.32% 0.31% 3.25% 1.30% 0.66% 0.00% 1.96% 0.20% 0.10%35 Aug-15 13.21% 1.23% 0.31% 3.38% 1.52% 0.69% 0.00% 2.21% 0.20% 0.10%36 Sep-15 12.01% 1.31% 0.31% 3.50% 1.42% 0.73% 0.00% 2.15% 0.20% 0.18%37 Oct-15 10.88% 1.28% 0.31% 3.59% 1.33% 0.77% 0.00% 2.10% 0.20% 0.23%38 Nov-15 9.85% 1.20% 0.31% 3.67% 1.55% 0.72% 0.00% 2.27% 0.20% 0.20%39 Dec-15 0.00% 0.31% 0.20%
Honda Auto Receivables 2013-1 Owner Trust
Summary of Initial Pool Composition Closing Date 1/23/2013 Credit Grade (2)
Cutoff Date 1/1/2013 A 79.11%Aggregate Principal Balance $1,282,051,293 B 13.65%Number of Receivables 77,878 C 5.48%Average Principal Balance $16,462 D 1.75%Average Original Amt Financed $22,887 Original Term (2)
Weighted Avg APR (1) 2.66% 1-24 0.19% Minimum 0.50% 25-36 8.30% Maximum 23.24% 37-48 2.51%Weighted Average Original Term to Maturity (1) 59.00 months 49-60 76.85%Weighted Average Remaining Term to Maturity (1) 45.69 months 61-72 12.16%Non-Zero Weighted Average FICO score (1) 754 Top 5 State (2)(3)
Percentage New Vehicle (2) 86.82% CA 16.11%Percentage Used Vehicle (2) 13.18% TX 8.95%Percentage Honda (2) 84.85% FL 6.19%Percentage Acura (2) 15.15% NJ 5.19% NY 5.11%
New Reporting Method Pool Cumulative Delinquencies (5) Cumulative
Month Factor Prepayments (4) Net Loss 31-60 61-90 91-120 121+ 61+ Net Loss 61+1 Jan-13 96.60% 1.14% 0.00% 0.27% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%2 Feb-13 93.35% 1.10% 0.00% 0.60% 0.03% 0.00% 0.00% 0.03% 0.00% 0.02%3 Mar-13 89.89% 1.30% 0.00% 0.60% 0.06% 0.00% 0.00% 0.06% 0.00% 0.04%4 Apr-13 86.32% 1.43% 0.02% 0.70% 0.08% 0.02% 0.00% 0.10% 0.02% 0.06%5 May-13 82.88% 1.39% 0.04% 0.78% 0.09% 0.03% 0.00% 0.12% 0.03% 0.06%6 Jun-13 79.67% 1.27% 0.05% 1.06% 0.12% 0.03% 0.00% 0.15% 0.04% 0.06%7 Jul-13 76.31% 1.44% 0.07% 1.14% 0.13% 0.03% 0.00% 0.16% 0.05% 0.08%8 Aug-13 73.12% 1.36% 0.09% 1.09% 0.23% 0.04% 0.00% 0.27% 0.07% 0.08%9 Sep-13 70.10% 1.28% 0.10% 1.47% 0.18% 0.04% 0.00% 0.22% 0.08% 0.08%
10 Oct-13 67.07% 1.34% 0.11% 1.44% 0.25% 0.04% 0.00% 0.29% 0.09% 0.07%11 Nov-13 64.31% 1.17% 0.13% 1.67% 0.32% 0.05% 0.00% 0.37% 0.10% 0.11%12 Dec-13 61.50% 1.27% 0.14% 1.80% 0.29% 0.10% 0.00% 0.39% 0.11% 0.11%13 Jan-14 58.63% 1.38% 0.15% 1.65% 0.43% 0.09% 0.00% 0.52% 0.12% 0.09%14 Feb-14 55.99% 1.24% 0.16% 1.82% 0.33% 0.08% 0.00% 0.41% 0.13% 0.08%15 Mar-14 53.18% 1.46% 0.18% 1.72% 0.35% 0.05% 0.00% 0.40% 0.13% 0.09%16 Apr-14 50.47% 1.44% 0.19% 1.83% 0.41% 0.06% 0.00% 0.47% 0.15% 0.08%17 May-14 47.93% 1.35% 0.19% 1.88% 0.38% 0.13% 0.00% 0.51% 0.15% 0.08%18 Jun-14 45.38% 1.43% 0.20% 1.99% 0.49% 0.12% 0.00% 0.61% 0.16% 0.09%19 Jul-14 42.90% 1.44% 0.20% 2.13% 0.52% 0.15% 0.00% 0.67% 0.15% 0.11%20 Aug-14 40.50% 1.43% 0.21% 2.01% 0.74% 0.18% 0.00% 0.92% 0.16% 0.11%21 Sep-14 38.14% 1.47% 0.22% 2.43% 0.67% 0.18% 0.00% 0.85% 0.17% 0.12%22 Oct-14 35.82% 1.51% 0.23% 2.40% 0.64% 0.18% 0.00% 0.82% 0.18% 0.09%23 Nov-14 33.87% 1.15% 0.24% 2.70% 0.76% 0.19% 0.00% 0.95% 0.18% 0.10%24 Dec-14 31.80% 1.39% 0.25% 2.57% 0.81% 0.24% 0.00% 1.05% 0.18% 0.15%25 Jan-15 29.84% 1.33% 0.26% 2.37% 0.90% 0.26% 0.00% 1.16% 0.19% 0.14%26 Feb-15 28.04% 1.21% 0.27% 2.65% 0.78% 0.24% 0.00% 1.02% 0.19% 0.09%27 Mar-15 26.15% 1.42% 0.26% 2.50% 0.74% 0.22% 0.00% 0.96% 0.19% 0.05%28 Apr-15 24.41% 1.31% 0.26% 2.64% 0.75% 0.25% 0.00% 1.00% 0.19% 0.07%29 May-15 22.72% 1.34% 0.26% 2.67% 0.82% 0.30% 0.00% 1.12% 0.19% 0.09%30 Jun-15 21.11% 1.31% 0.27% 2.63% 0.83% 0.30% 0.00% 1.13% 0.19% 0.11%31 Jul-15 19.58% 1.29% 0.28% 2.60% 0.89% 0.35% 0.00% 1.24% 0.19% 0.09%32 Aug-15 18.13% 1.25% 0.28% 2.59% 1.16% 0.34% 0.00% 1.50% 0.19% 0.09%33 Sep-15 16.76% 1.21% 0.28% 2.73% 1.08% 0.42% 0.00% 1.50% 0.19% 0.13%34 Oct-15 15.45% 1.20% 0.27% 2.85% 1.03% 0.45% 0.00% 1.48% 0.19% 0.11%35 Nov-15 14.25% 1.10% 0.27% 2.91% 1.26% 0.48% 0.00% 1.74% 0.19% 0.18%36 Dec-15 13.04% 1.23% 0.28% 2.78% 1.15% 0.58% 0.00% 1.73% 0.19% 0.23%37 Jan-16 12.04% 0.84% 0.29% 3.20% 1.58% 0.70% 0.00% 2.28% 0.19% 0.16%38 Feb-16 10.82% 1.50% 0.28% 3.16% 1.34% 0.51% 0.00% 1.85% 0.19% 0.10%39 Mar-16 9.68% 1.49% 0.28% 2.97% 1.30% 0.49% 0.00% 1.79% 0.19% 0.15%
Honda Auto Receivables 2013-2 Owner Trust
Summary of Initial Pool Composition Closing Date 4/24/2013 Credit Grade (2)
Cutoff Date 4/1/2013 A 78.39%Aggregate Principal Balance $1,282,056,243 B 14.03%Number of Receivables 74,560 C 5.68%Average Principal Balance $17,195 D 1.90%Average Original Amt Financed $22,907 Original Term (2)
Weighted Avg APR (1) 2.58% 1-24 0.16% Minimum 0.50% 25-36 6.56% Maximum 22.24% 37-48 2.48%Weighted Average Original Term to Maturity (1) 59.64 months 49-60 76.58%Weighted Average Remaining Term to Maturity (1) 47.04 months 61-72 14.23%Non-Zero Weighted Average FICO score (1) 752 Top 5 State (2)(3)
Percentage New Vehicle (2) 86.41% CA 16.58%Percentage Used Vehicle (2) 13.59% TX 8.72%Percentage Honda (2) 85.98% FL 6.19%Percentage Acura (2) 14.02% NJ 5.30% IL 4.90%
New Reporting Method Pool Cumulative Delinquencies (5) Cumulative
Month Factor Prepayments (4) Net Loss 31-60 61-90 91-120 121+ 61+ Net Loss 61+1 Apr-13 96.60% 1.19% 0.00% 0.19% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%2 May-13 93.21% 1.26% 0.00% 0.56% 0.02% 0.00% 0.00% 0.02% 0.00% 0.03%3 Jun-13 90.04% 1.13% 0.01% 0.93% 0.07% 0.01% 0.00% 0.08% 0.01% 0.04%4 Jul-13 86.66% 1.34% 0.02% 1.03% 0.10% 0.03% 0.00% 0.13% 0.02% 0.07%5 Aug-13 83.39% 1.30% 0.04% 1.17% 0.15% 0.03% 0.00% 0.18% 0.04% 0.06%6 Sep-13 80.34% 1.17% 0.06% 1.46% 0.20% 0.03% 0.00% 0.23% 0.05% 0.09%7 Oct-13 77.26% 1.25% 0.08% 1.56% 0.25% 0.04% 0.00% 0.29% 0.07% 0.08%8 Nov-13 74.39% 1.12% 0.10% 1.72% 0.30% 0.05% 0.00% 0.35% 0.08% 0.09%9 Dec-13 71.49% 1.19% 0.11% 1.87% 0.32% 0.08% 0.00% 0.40% 0.09% 0.11%
10 Jan-14 68.52% 1.31% 0.13% 1.77% 0.40% 0.10% 0.00% 0.50% 0.11% 0.11%11 Feb-14 65.77% 1.16% 0.15% 2.03% 0.28% 0.06% 0.00% 0.34% 0.12% 0.07%12 Mar-14 62.82% 1.41% 0.16% 1.98% 0.30% 0.05% 0.00% 0.35% 0.13% 0.05%13 Apr-14 59.96% 1.38% 0.16% 2.06% 0.43% 0.07% 0.00% 0.50% 0.13% 0.09%14 May-14 57.21% 1.35% 0.16% 2.08% 0.41% 0.13% 0.00% 0.54% 0.13% 0.10%15 Jun-14 54.47% 1.39% 0.17% 2.27% 0.54% 0.12% 0.00% 0.66% 0.14% 0.10%16 Jul-14 51.75% 1.46% 0.20% 2.29% 0.56% 0.14% 0.00% 0.70% 0.16% 0.11%17 Aug-14 49.18% 1.37% 0.22% 2.31% 0.74% 0.15% 0.00% 0.89% 0.17% 0.11%18 Sep-14 46.64% 1.41% 0.23% 2.41% 0.67% 0.19% 0.00% 0.86% 0.17% 0.10%19 Oct-14 44.18% 1.41% 0.25% 2.36% 0.67% 0.19% 0.00% 0.86% 0.18% 0.08%20 Nov-14 42.00% 1.16% 0.27% 2.72% 0.82% 0.19% 0.00% 1.01% 0.19% 0.12%21 Dec-14 39.69% 1.38% 0.28% 2.74% 0.84% 0.22% 0.00% 1.06% 0.19% 0.16%22 Jan-15 37.52% 1.30% 0.29% 2.44% 0.97% 0.22% 0.00% 1.19% 0.20% 0.15%23 Feb-15 35.51% 1.18% 0.30% 2.72% 0.86% 0.20% 0.00% 1.06% 0.21% 0.12%24 Mar-15 33.36% 1.44% 0.30% 2.49% 0.82% 0.18% 0.00% 1.00% 0.22% 0.09%25 Apr-15 31.37% 1.32% 0.31% 2.67% 0.89% 0.20% 0.00% 1.09% 0.22% 0.10%26 May-15 29.50% 1.24% 0.31% 2.81% 0.93% 0.26% 0.00% 1.19% 0.22% 0.12%27 Jun-15 27.60% 1.39% 0.31% 2.81% 1.05% 0.31% 0.00% 1.36% 0.22% 0.15%28 Jul-15 25.75% 1.40% 0.33% 2.72% 1.01% 0.34% 0.00% 1.35% 0.23% 0.13%29 Aug-15 24.03% 1.31% 0.33% 2.69% 1.16% 0.45% 0.00% 1.61% 0.24% 0.14%30 Sep-15 22.34% 1.37% 0.34% 3.06% 1.04% 0.40% 0.00% 1.44% 0.24% 0.15%31 Oct-15 20.76% 1.29% 0.34% 2.88% 1.25% 0.36% 0.00% 1.61% 0.24% 0.14%32 Nov-15 19.31% 1.15% 0.35% 3.09% 1.30% 0.40% 0.00% 1.70% 0.24% 0.18%33 Dec-15 17.83% 1.33% 0.36% 3.01% 1.24% 0.52% 0.00% 1.76% 0.24% 0.21%34 Jan-16 16.59% 0.96% 0.38% 3.43% 1.80% 0.57% 0.00% 2.37% 0.24% 0.23%35 Feb-16 15.14% 1.50% 0.38% 3.19% 1.36% 0.46% 0.00% 1.82% 0.24% 0.18%36 Mar-16 13.77% 1.50% 0.37% 3.08% 1.31% 0.33% 0.00% 1.64% 0.24% 0.10%
Honda Auto Receivables 2013-3 Owner Trust
Summary of Initial Pool Composition Closing Date 7/24/2013 Credit Grade (2)
Cutoff Date 7/1/2013 A 78.76%Aggregate Principal Balance $1,538,461,539 B 13.95%Number of Receivables 88,370 C 5.83%Average Principal Balance $17,409 D 1.46%Average Original Amt Financed $23,336 Original Term (2)
Weighted Avg APR (1) 2.42% 1-24 0.16% Minimum 0.50% 25-36 5.94% Maximum 22.05% 37-48 2.33%Weighted Average Original Term to Maturity (1) 59.85 months 49-60 77.03%Weighted Average Remaining Term to Maturity (1) 46.85 months 61-72 14.54%Non-Zero Weighted Average FICO score (1) 753 Top 5 State (2)(3)
Percentage New Vehicle (2) 87.48% CA 16.48%Percentage Used Vehicle (2) 12.52% TX 8.78%Percentage Honda (2) 85.25% NY 6.54%Percentage Acura (2) 14.75% FL 6.08% NJ 5.45%
New Reporting Method Pool Cumulative Delinquencies (5) Cumulative
Month Factor Prepayments (4) Net Loss 31-60 61-90 91-120 121+ 61+ Net Loss 61+1 Jul-13 96.60% 1.18% 0.00% 0.31% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01%2 Aug-13 93.30% 1.18% 0.00% 0.72% 0.07% 0.00% 0.00% 0.07% 0.00% 0.05%3 Sep-13 90.22% 1.04% 0.01% 0.99% 0.10% 0.01% 0.00% 0.11% 0.01% 0.06%4 Oct-13 87.03% 1.17% 0.02% 1.18% 0.12% 0.03% 0.00% 0.15% 0.02% 0.08%5 Nov-13 84.06% 1.04% 0.05% 1.36% 0.18% 0.03% 0.00% 0.21% 0.04% 0.08%6 Dec-13 81.02% 1.14% 0.07% 1.68% 0.20% 0.05% 0.00% 0.25% 0.06% 0.09%7 Jan-14 77.90% 1.25% 0.09% 1.47% 0.33% 0.03% 0.00% 0.36% 0.07% 0.09%8 Feb-14 74.94% 1.17% 0.11% 1.72% 0.20% 0.04% 0.00% 0.24% 0.09% 0.04%9 Mar-14 71.83% 1.34% 0.11% 1.63% 0.20% 0.03% 0.00% 0.23% 0.09% 0.03%
10 Apr-14 68.87% 1.28% 0.11% 1.84% 0.24% 0.04% 0.00% 0.28% 0.10% 0.05%11 May-14 65.90% 1.33% 0.13% 1.83% 0.31% 0.06% 0.00% 0.37% 0.10% 0.08%12 Jun-14 63.01% 1.33% 0.14% 2.05% 0.38% 0.07% 0.00% 0.45% 0.11% 0.08%13 Jul-14 60.12% 1.39% 0.15% 2.04% 0.42% 0.10% 0.00% 0.52% 0.12% 0.10%14 Aug-14 57.32% 1.38% 0.17% 2.07% 0.58% 0.13% 0.00% 0.71% 0.13% 0.10%15 Sep-14 54.55% 1.40% 0.18% 2.29% 0.51% 0.14% 0.00% 0.65% 0.14% 0.08%16 Oct-14 51.87% 1.40% 0.20% 2.28% 0.50% 0.16% 0.00% 0.66% 0.15% 0.08%17 Nov-14 49.55% 1.07% 0.21% 2.57% 0.65% 0.19% 0.00% 0.84% 0.16% 0.10%18 Dec-14 47.04% 1.36% 0.22% 2.64% 0.63% 0.20% 0.00% 0.83% 0.16% 0.11%19 Jan-15 44.62% 1.33% 0.24% 2.30% 0.85% 0.19% 0.00% 1.04% 0.17% 0.12%20 Feb-15 42.37% 1.22% 0.25% 2.61% 0.71% 0.16% 0.00% 0.87% 0.17% 0.07%21 Mar-15 39.99% 1.42% 0.24% 2.49% 0.68% 0.17% 0.00% 0.85% 0.17% 0.05%22 Apr-15 37.76% 1.35% 0.25% 2.55% 0.74% 0.18% 0.00% 0.92% 0.18% 0.09%23 May-15 35.64% 1.29% 0.26% 2.63% 0.76% 0.24% 0.00% 1.00% 0.18% 0.07%24 Jun-15 33.50% 1.39% 0.27% 2.70% 0.80% 0.23% 0.00% 1.03% 0.18% 0.08%25 Jul-15 31.40% 1.44% 0.28% 2.54% 0.91% 0.25% 0.00% 1.16% 0.19% 0.11%26 Aug-15 29.44% 1.35% 0.29% 2.43% 1.18% 0.31% 0.00% 1.49% 0.19% 0.12%27 Sep-15 27.56% 1.32% 0.30% 2.88% 1.00% 0.34% 0.00% 1.34% 0.20% 0.13%28 Oct-15 25.77% 1.30% 0.31% 2.68% 1.06% 0.29% 0.00% 1.35% 0.20% 0.14%29 Nov-15 24.12% 1.15% 0.32% 2.89% 1.12% 0.33% 0.00% 1.45% 0.20% 0.17%30 Dec-15 22.42% 1.35% 0.32% 2.88% 1.09% 0.39% 0.00% 1.48% 0.20% 0.20%31 Jan-16 21.04% 0.88% 0.33% 3.41% 1.49% 0.55% 0.00% 2.04% 0.21% 0.17%32 Feb-16 19.38% 1.48% 0.32% 3.23% 1.24% 0.42% 0.00% 1.66% 0.21% 0.13%33 Mar-16 17.80% 1.46% 0.32% 3.00% 1.20% 0.35% 0.00% 1.55% 0.21% 0.11%
Honda Auto Receivables 2013-4 Owner Trust
Summary of Initial Pool Composition Closing Date 10/30/2013 Credit Grade (2)
Cutoff Date 10/1/2013 A 79.21%Aggregate Principal Balance $1,538,465,261 B 13.67%Number of Receivables 89,961 C 5.71%Average Principal Balance $17,101 D 1.42%Average Original Amt Financed $23,188 Original Term (2)
Weighted Avg APR (1) 2.38% 1-24 0.17% Minimum 0.50% 25-36 6.58% Maximum 22.19% 37-48 2.51%Weighted Average Original Term to Maturity (1) 59.67 months 49-60 76.21%Weighted Average Remaining Term to Maturity (1) 46.57 months 61-72 14.54%Non-Zero Weighted Average FICO score (1) 756 Top 5 State (2)(3)
Percentage New Vehicle (2) 87.47% CA 16.56%Percentage Used Vehicle (2) 12.53% TX 8.98%Percentage Honda (2) 85.18% FL 5.72%Percentage Acura (2) 14.82% NJ 5.40% NY 5.09%
New Reporting Method Pool Cumulative Delinquencies (5) Cumulative
Month Factor Prepayments (4) Net Loss 31-60 61-90 91-120 121+ 61+ Net Loss 61+1 Oct-13 96.73% 1.07% 0.00% 0.25% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%2 Nov-13 93.62% 1.02% 0.00% 0.82% 0.04% 0.00% 0.00% 0.04% 0.00% 0.03%3 Dec-13 90.51% 1.06% 0.01% 1.02% 0.10% 0.01% 0.00% 0.11% 0.00% 0.04%4 Jan-14 87.28% 1.19% 0.02% 1.03% 0.16% 0.02% 0.00% 0.18% 0.02% 0.05%5 Feb-14 84.20% 1.11% 0.03% 1.22% 0.12% 0.02% 0.00% 0.14% 0.02% 0.04%6 Mar-14 80.95% 1.29% 0.04% 1.11% 0.15% 0.02% 0.00% 0.17% 0.03% 0.05%7 Apr-14 77.76% 1.30% 0.04% 1.27% 0.16% 0.03% 0.00% 0.19% 0.04% 0.05%8 May-14 74.67% 1.27% 0.06% 1.45% 0.18% 0.05% 0.00% 0.23% 0.05% 0.05%9 Jun-14 71.63% 1.28% 0.07% 1.63% 0.26% 0.04% 0.00% 0.30% 0.06% 0.07%
10 Jul-14 68.53% 1.39% 0.08% 1.67% 0.28% 0.07% 0.00% 0.35% 0.07% 0.08%11 Aug-14 65.56% 1.34% 0.10% 1.76% 0.40% 0.08% 0.00% 0.48% 0.07% 0.09%12 Sep-14 62.58% 1.41% 0.11% 1.99% 0.37% 0.06% 0.00% 0.43% 0.08% 0.07%13 Oct-14 59.74% 1.35% 0.13% 1.91% 0.36% 0.08% 0.00% 0.44% 0.10% 0.08%14 Nov-14 57.20% 1.13% 0.14% 2.25% 0.48% 0.09% 0.00% 0.57% 0.10% 0.09%15 Dec-14 54.44% 1.39% 0.15% 2.24% 0.53% 0.10% 0.00% 0.63% 0.11% 0.09%16 Jan-15 51.84% 1.32% 0.17% 1.99% 0.59% 0.13% 0.00% 0.72% 0.12% 0.11%17 Feb-15 49.39% 1.22% 0.18% 2.37% 0.48% 0.10% 0.00% 0.58% 0.13% 0.10%18 Mar-15 46.79% 1.45% 0.18% 2.11% 0.52% 0.09% 0.00% 0.61% 0.14% 0.07%19 Apr-15 44.34% 1.38% 0.19% 2.27% 0.52% 0.13% 0.00% 0.65% 0.14% 0.08%20 May-15 41.93% 1.40% 0.20% 2.37% 0.58% 0.16% 0.00% 0.74% 0.15% 0.09%21 Jun-15 39.60% 1.39% 0.20% 2.38% 0.63% 0.20% 0.00% 0.83% 0.15% 0.12%22 Jul-15 37.31% 1.43% 0.21% 2.39% 0.60% 0.23% 0.00% 0.83% 0.15% 0.09%23 Aug-15 35.12% 1.39% 0.23% 2.24% 0.86% 0.21% 0.00% 1.07% 0.16% 0.14%24 Sep-15 33.07% 1.31% 0.24% 2.59% 0.68% 0.31% 0.00% 0.99% 0.16% 0.13%25 Oct-15 31.05% 1.35% 0.25% 2.48% 0.67% 0.29% 0.00% 0.96% 0.17% 0.13%26 Nov-15 29.18% 1.25% 0.26% 2.81% 0.80% 0.27% 0.00% 1.07% 0.18% 0.14%27 Dec-15 27.27% 1.39% 0.27% 2.67% 0.83% 0.32% 0.00% 1.15% 0.18% 0.09%28 Jan-16 25.66% 1.02% 0.29% 3.15% 1.39% 0.35% 0.00% 1.74% 0.18% 0.16%29 Feb-16 23.76% 1.57% 0.28% 3.03% 0.90% 0.28% 0.00% 1.18% 0.18% 0.11%30 Mar-16 21.96% 1.54% 0.29% 2.83% 0.85% 0.31% 0.00% 1.16% 0.19% 0.11%
Honda Auto Receivables 2014-1 Owner Trust
Summary of Initial Pool Composition Closing Date 2/27/2014 Credit Grade (2)
Cutoff Date 2/1/2014 A 79.57%Aggregate Principal Balance $1,538,461,540 B 13.55%Number of Receivables 85,597 C 5.32%Average Principal Balance $17,973 D 1.57%Average Original Amt Financed $23,510 Original Term (2)
Weighted Avg APR (1) 2.23% 1-24 0.16% Minimum 0.50% 25-36 5.82% Maximum 22.74% 37-48 2.30%Weighted Average Original Term to Maturity (1) 59.91 months 49-60 76.93%Weighted Average Remaining Term to Maturity (1) 46.99 months 61-72 14.79%Non-Zero Weighted Average FICO score (1) 754 Top 5 State (2)(3)
Percentage New Vehicle (2) 88.83% CA 15.98%Percentage Used Vehicle (2) 11.17% TX 8.92%Percentage Honda (2) 87.38% NY 7.53%Percentage Acura (2) 12.62% FL 5.59% NJ 4.94%
New Reporting Method Pool Cumulative Delinquencies (5) Cumulative
Month Factor Prepayments (4) Net Loss 31-60 61-90 91-120 121+ 61+ Net Loss 61+1 Feb-14 96.94% 0.92% 0.00% 0.24% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%2 Mar-14 93.65% 1.16% 0.00% 0.53% 0.03% 0.00% 0.00% 0.03% 0.00% 0.02%3 Apr-14 90.41% 1.17% 0.00% 0.74% 0.05% 0.00% 0.00% 0.05% 0.00% 0.02%4 May-14 87.20% 1.18% 0.01% 0.87% 0.09% 0.01% 0.00% 0.10% 0.01% 0.03%5 Jun-14 84.06% 1.17% 0.02% 1.08% 0.11% 0.02% 0.00% 0.13% 0.02% 0.04%6 Jul-14 80.87% 1.26% 0.03% 1.19% 0.15% 0.02% 0.00% 0.17% 0.02% 0.06%7 Aug-14 77.84% 1.18% 0.04% 1.29% 0.28% 0.03% 0.00% 0.31% 0.04% 0.07%8 Sep-14 74.71% 1.30% 0.05% 1.46% 0.21% 0.06% 0.00% 0.27% 0.04% 0.09%9 Oct-14 71.71% 1.25% 0.07% 1.48% 0.23% 0.05% 0.00% 0.28% 0.06% 0.06%
10 Nov-14 69.03% 1.01% 0.08% 1.86% 0.28% 0.06% 0.00% 0.34% 0.07% 0.07%11 Dec-14 66.16% 1.23% 0.11% 1.81% 0.32% 0.07% 0.00% 0.39% 0.09% 0.08%12 Jan-15 63.35% 1.24% 0.13% 1.75% 0.38% 0.07% 0.00% 0.45% 0.10% 0.07%13 Feb-15 60.66% 1.18% 0.13% 1.96% 0.36% 0.06% 0.00% 0.42% 0.10% 0.07%14 Mar-15 57.83% 1.37% 0.13% 1.82% 0.34% 0.07% 0.00% 0.41% 0.11% 0.06%15 Apr-15 55.11% 1.33% 0.14% 1.87% 0.38% 0.08% 0.00% 0.46% 0.11% 0.05%16 May-15 52.49% 1.30% 0.15% 2.06% 0.40% 0.09% 0.00% 0.49% 0.12% 0.04%17 Jun-15 49.88% 1.35% 0.16% 2.14% 0.49% 0.11% 0.00% 0.60% 0.13% 0.07%18 Jul-15 47.31% 1.38% 0.17% 2.05% 0.50% 0.13% 0.00% 0.63% 0.13% 0.11%19 Aug-15 44.86% 1.33% 0.18% 2.10% 0.72% 0.15% 0.00% 0.87% 0.13% 0.11%20 Sep-15 42.49% 1.31% 0.19% 2.31% 0.66% 0.15% 0.00% 0.81% 0.14% 0.11%21 Oct-15 40.19% 1.29% 0.20% 2.21% 0.69% 0.17% 0.00% 0.86% 0.14% 0.10%22 Nov-15 38.07% 1.16% 0.21% 2.48% 0.77% 0.18% 0.00% 0.95% 0.15% 0.11%23 Dec-15 35.93% 1.26% 0.22% 2.47% 0.78% 0.24% 0.00% 1.02% 0.16% 0.12%24 Jan-16 34.10% 0.90% 0.24% 2.95% 1.18% 0.33% 0.00% 1.51% 0.16% 0.17%25 Feb-16 31.89% 1.51% 0.24% 2.73% 0.92% 0.21% 0.00% 1.13% 0.16% 0.11%26 Mar-16 29.73% 1.55% 0.25% 2.47% 0.91% 0.22% 0.00% 1.13% 0.17% 0.07%
Honda Auto Receivables 2014-2 Owner Trust
Summary of Initial Pool Composition Closing Date 5/21/2014 Credit Grade (2)
Cutoff Date 5/1/2014 A 79.80%Aggregate Principal Balance $1,025,658,848 B 13.33%Number of Receivables 57,855 C 5.27%Average Principal Balance $17,728 D 1.60%Average Original Amt Financed $23,532 Original Term (2)
Weighted Avg APR (1) 2.20% 1-24 0.15% Minimum 0.50% 25-36 5.77% Maximum 21.74% 37-48 2.24%Weighted Average Original Term to Maturity (1) 59.89 months 49-60 77.35%Weighted Average Remaining Term to Maturity (1) 46.53 months 61-72 14.49%Non-Zero Weighted Average FICO score (1) 756 Top 5 State (2)(3)
Percentage New Vehicle (2) 89.52% CA 16.87%Percentage Used Vehicle (2) 10.48% TX 8.78%Percentage Honda (2) 85.56% FL 5.51%Percentage Acura (2) 14.44% IL 5.26% NY 5.15%
New Reporting Method Pool Cumulative Delinquencies (5) Cumulative
Month Factor Prepayments (4) Net Loss 31-60 61-90 91-120 121+ 61+ Net Loss 61+1 May-14 96.74% 1.05% 0.00% 0.20% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%2 Jun-14 93.55% 1.07% 0.00% 0.58% 0.03% 0.00% 0.00% 0.03% 0.00% 0.01%3 Jul-14 90.37% 1.09% 0.00% 0.81% 0.05% 0.01% 0.00% 0.06% 0.00% 0.03%4 Aug-14 87.28% 1.07% 0.01% 0.95% 0.15% 0.01% 0.00% 0.16% 0.01% 0.04%5 Sep-14 84.16% 1.13% 0.02% 1.09% 0.13% 0.02% 0.00% 0.15% 0.02% 0.06%6 Oct-14 81.05% 1.16% 0.05% 1.13% 0.14% 0.02% 0.00% 0.16% 0.04% 0.06%7 Nov-14 78.29% 0.92% 0.06% 1.34% 0.19% 0.04% 0.00% 0.23% 0.05% 0.07%8 Dec-14 75.30% 1.15% 0.08% 1.37% 0.18% 0.05% 0.00% 0.23% 0.06% 0.08%9 Jan-15 72.33% 1.20% 0.10% 1.35% 0.25% 0.03% 0.00% 0.28% 0.07% 0.08%
10 Feb-15 69.52% 1.10% 0.10% 1.55% 0.25% 0.03% 0.00% 0.28% 0.08% 0.07%11 Mar-15 66.53% 1.31% 0.11% 1.42% 0.20% 0.03% 0.00% 0.23% 0.09% 0.04%12 Apr-15 63.64% 1.28% 0.11% 1.59% 0.27% 0.03% 0.00% 0.30% 0.09% 0.04%13 May-15 60.87% 1.23% 0.11% 1.62% 0.32% 0.07% 0.00% 0.39% 0.09% 0.05%14 Jun-15 57.94% 1.43% 0.12% 1.75% 0.31% 0.05% 0.00% 0.36% 0.09% 0.05%15 Jul-15 55.16% 1.36% 0.13% 1.64% 0.41% 0.06% 0.00% 0.47% 0.09% 0.06%16 Aug-15 52.52% 1.29% 0.13% 1.70% 0.57% 0.11% 0.00% 0.68% 0.10% 0.11%17 Sep-15 49.99% 1.24% 0.13% 1.92% 0.46% 0.13% 0.00% 0.59% 0.10% 0.12%18 Oct-15 47.49% 1.28% 0.14% 1.81% 0.50% 0.14% 0.00% 0.64% 0.10% 0.09%19 Nov-15 45.16% 1.16% 0.16% 2.02% 0.57% 0.13% 0.00% 0.70% 0.10% 0.11%20 Dec-15 42.73% 1.34% 0.17% 2.00% 0.59% 0.17% 0.00% 0.76% 0.11% 0.12%21 Jan-16 40.75% 0.87% 0.18% 2.51% 0.94% 0.24% 0.00% 1.18% 0.12% 0.16%22 Feb-16 38.33% 1.48% 0.19% 2.17% 0.67% 0.20% 0.00% 0.87% 0.13% 0.11%23 Mar-16 36.02% 1.44% 0.20% 2.12% 0.67% 0.12% 0.00% 0.79% 0.14% 0.08%
Honda Auto Receivables 2014-3 Owner Trust
Summary of Initial Pool Composition Closing Date 8/20/2014 Credit Grade (2)
Cutoff Date 8/1/2014 A 80.83%Aggregate Principal Balance $1,025,655,641 B 13.01%Number of Receivables 58,613 C 4.38%Average Principal Balance $17,499 D 1.78%Average Original Amt Financed $23,397 Original Term (2)
Weighted Avg APR (1) 2.20% 1-24 0.30% Minimum 0.50% 25-36 5.51% Maximum 23.54% 37-48 2.20%Weighted Average Original Term to Maturity (1) 59.87 months 49-60 77.78%Weighted Average Remaining Term to Maturity (1) 46.73 months 61-72 14.21%Non-Zero Weighted Average FICO score (1) 757 Top 5 State (2)(3)
Percentage New Vehicle (2) 90.28% CA 16.59%Percentage Used Vehicle (2) 9.72% TX 8.86%Percentage Honda (2) 85.96% FL 5.35%Percentage Acura (2) 14.04% IL 4.85% NJ 4.79%
New Reporting Method Pool Cumulative Delinquencies (5) Cumulative
Month Factor Prepayments (4) Net Loss 31-60 61-90 91-120 121+ 61+ Net Loss 61+1 Aug-14 96.75% 1.05% 0.00% 0.23% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%2 Sep-14 93.56% 1.08% 0.00% 0.61% 0.03% 0.00% 0.00% 0.03% 0.00% 0.02%3 Oct-14 90.40% 1.09% 0.00% 0.70% 0.07% 0.01% 0.00% 0.08% 0.00% 0.03%4 Nov-14 87.53% 0.89% 0.01% 1.06% 0.13% 0.01% 0.00% 0.14% 0.01% 0.05%5 Dec-14 84.38% 1.16% 0.02% 1.10% 0.13% 0.03% 0.00% 0.16% 0.02% 0.06%6 Jan-15 81.33% 1.13% 0.04% 0.98% 0.22% 0.04% 0.00% 0.26% 0.03% 0.07%7 Feb-15 78.41% 1.06% 0.05% 1.21% 0.16% 0.03% 0.00% 0.19% 0.04% 0.07%8 Mar-15 75.28% 1.28% 0.07% 1.04% 0.19% 0.03% 0.00% 0.22% 0.05% 0.05%9 Apr-15 72.16% 1.34% 0.08% 1.17% 0.18% 0.05% 0.00% 0.23% 0.07% 0.07%
10 May-15 69.21% 1.24% 0.09% 1.35% 0.22% 0.05% 0.00% 0.27% 0.08% 0.05%11 Jun-15 66.30% 1.26% 0.11% 1.38% 0.29% 0.05% 0.00% 0.34% 0.08% 0.07%12 Jul-15 63.32% 1.38% 0.12% 1.35% 0.31% 0.08% 0.00% 0.39% 0.10% 0.08%13 Aug-15 60.50% 1.30% 0.13% 1.50% 0.44% 0.09% 0.00% 0.53% 0.11% 0.08%14 Sep-15 57.69% 1.35% 0.14% 1.67% 0.42% 0.09% 0.00% 0.51% 0.11% 0.09%15 Oct-15 54.95% 1.35% 0.15% 1.71% 0.39% 0.09% 0.00% 0.48% 0.11% 0.07%16 Nov-15 52.43% 1.19% 0.16% 1.84% 0.48% 0.11% 0.00% 0.59% 0.12% 0.12%17 Dec-15 49.84% 1.33% 0.17% 1.85% 0.50% 0.15% 0.00% 0.65% 0.13% 0.10%18 Jan-16 47.64% 0.96% 0.19% 2.52% 0.83% 0.19% 0.00% 1.02% 0.14% 0.11%19 Feb-16 45.04% 1.48% 0.21% 2.27% 0.56% 0.12% 0.00% 0.68% 0.14% 0.11%20 Mar-16 42.55% 1.43% 0.21% 1.97% 0.59% 0.10% 0.00% 0.69% 0.14% 0.07%
Honda Auto Receivables 2014-4 Owner Trust
Summary of Initial Pool Composition Closing Date 11/26/2014 Credit Grade (2)
Cutoff Date 11/1/2014 A 81.06%Aggregate Principal Balance $1,025,641,026 B 12.98%Number of Receivables 59,417 C 4.22%Average Principal Balance $17,262 D 1.75%Average Original Amt Financed $22,881 Original Term (2)
Weighted Avg APR (1) 2.18% 1-24 0.17% Minimum 0.50% 25-36 9.77% Maximum 21.54% 37-48 2.33%Weighted Average Original Term to Maturity (1) 58.89 months 49-60 73.57%Weighted Average Remaining Term to Maturity (1) 45.88 months 61-72 14.16%Non-Zero Weighted Average FICO score (1) 757 Top 5 State (2)(3)
Percentage New Vehicle (2) 90.63% CA 16.79%Percentage Used Vehicle (2) 9.37% TX 9.08%Percentage Honda (2) 86.21% FL 5.23%Percentage Acura (2) 13.79% IL 4.96% NY 4.94%
New Reporting Method Pool Cumulative Delinquencies (5) Cumulative
Month Factor Prepayments (4) Net Loss 31-60 61-90 91-120 121+ 61+ Net Loss 61+1 Nov-14 96.92% 0.89% 0.00% 0.26% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%2 Dec-14 93.68% 1.09% 0.00% 0.64% 0.06% 0.00% 0.00% 0.06% 0.00% 0.05%3 Jan-15 90.44% 1.12% 0.01% 0.68% 0.11% 0.02% 0.00% 0.13% 0.01% 0.05%4 Feb-15 87.29% 1.10% 0.02% 0.85% 0.10% 0.01% 0.00% 0.11% 0.02% 0.03%5 Mar-15 83.93% 1.30% 0.03% 0.87% 0.05% 0.00% 0.00% 0.05% 0.02% 0.02%6 Apr-15 80.73% 1.23% 0.04% 0.97% 0.10% 0.00% 0.00% 0.10% 0.03% 0.03%7 May-15 77.53% 1.27% 0.04% 1.13% 0.14% 0.02% 0.00% 0.16% 0.04% 0.04%8 Jun-15 74.33% 1.33% 0.05% 1.22% 0.16% 0.03% 0.00% 0.19% 0.04% 0.05%9 Jul-15 71.22% 1.31% 0.06% 1.20% 0.16% 0.06% 0.00% 0.22% 0.05% 0.06%
10 Aug-15 68.16% 1.33% 0.08% 1.29% 0.29% 0.04% 0.00% 0.33% 0.06% 0.06%11 Sep-15 65.17% 1.33% 0.08% 1.46% 0.27% 0.07% 0.00% 0.34% 0.07% 0.07%12 Oct-15 62.31% 1.26% 0.10% 1.47% 0.24% 0.07% 0.00% 0.31% 0.08% 0.07%13 Nov-15 59.63% 1.16% 0.11% 1.66% 0.33% 0.06% 0.00% 0.39% 0.09% 0.08%14 Dec-15 56.82% 1.35% 0.11% 1.78% 0.35% 0.08% 0.00% 0.43% 0.09% 0.08%15 Jan-16 54.47% 0.93% 0.13% 2.29% 0.69% 0.13% 0.00% 0.82% 0.10% 0.11%16 Feb-16 51.64% 1.50% 0.14% 2.12% 0.41% 0.08% 0.00% 0.49% 0.10% 0.07%17 Mar-16 48.87% 1.50% 0.15% 1.85% 0.41% 0.08% 0.00% 0.49% 0.11% 0.05%
Honda Auto Receivables 2015-1 Owner Trust
Summary of Initial Pool Composition Closing Date 1/28/2015 Credit Grade (2)
Cutoff Date 1/1/2015 A 80.89%Aggregate Principal Balance $1,282,051,840 B 11.92%Number of Receivables 72,953 C 5.78%Average Principal Balance $17,574 D 1.41%Average Original Amt Financed $23,129 Original Term (2)
Weighted Avg APR (1) 2.13% 1-24 0.19% Minimum 0.50% 25-36 7.38% Maximum 22.05% 37-48 1.94%Weighted Average Original Term to Maturity (1) 59.52 months 49-60 76.27%Weighted Average Remaining Term to Maturity (1) 45.80 months 61-72 14.22%Non-Zero Weighted Average FICO score (1) 758 Top 5 State (2)(3)
Percentage New Vehicle (2) 91.17% CA 16.35%Percentage Used Vehicle (2) 8.83% TX 9.27%Percentage Honda (2) 87.20% FL 5.37%Percentage Acura (2) 12.80% IL 5.10% NY 5.02%
New Reporting Method Pool Cumulative Delinquencies (5) Cumulative
Month Factor Prepayments (4) Net Loss 31-60 61-90 91-120 121+ 61+ Net Loss 61+1 Jan-15 96.67% 1.07% 0.00% 0.20% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%2 Feb-15 93.56% 0.98% 0.00% 0.55% 0.03% 0.00% 0.00% 0.03% 0.00% 0.01%3 Mar-15 90.15% 1.24% 0.00% 0.52% 0.05% 0.01% 0.00% 0.06% 0.00% 0.01%4 Apr-15 86.94% 1.13% 0.01% 0.65% 0.05% 0.01% 0.00% 0.06% 0.01% 0.04%5 May-15 83.74% 1.16% 0.01% 0.82% 0.08% 0.03% 0.00% 0.11% 0.01% 0.04%6 Jun-15 80.50% 1.24% 0.02% 0.91% 0.09% 0.01% 0.00% 0.10% 0.02% 0.03%7 Jul-15 77.30% 1.26% 0.03% 1.02% 0.14% 0.02% 0.00% 0.16% 0.03% 0.05%8 Aug-15 74.22% 1.21% 0.04% 1.11% 0.23% 0.03% 0.00% 0.26% 0.03% 0.05%9 Sep-15 71.12% 1.28% 0.05% 1.33% 0.20% 0.04% 0.00% 0.24% 0.04% 0.06%
10 Oct-15 68.17% 1.21% 0.07% 1.29% 0.22% 0.06% 0.00% 0.28% 0.05% 0.07%11 Nov-15 65.37% 1.13% 0.09% 1.54% 0.26% 0.05% 0.00% 0.31% 0.06% 0.07%12 Dec-15 62.42% 1.31% 0.10% 1.53% 0.29% 0.08% 0.00% 0.37% 0.06% 0.09%13 Jan-16 59.92% 0.94% 0.10% 2.07% 0.57% 0.11% 0.00% 0.68% 0.07% 0.12%14 Feb-16 57.01% 1.39% 0.11% 1.88% 0.38% 0.07% 0.00% 0.45% 0.08% 0.09%15 Mar-16 54.13% 1.43% 0.12% 1.73% 0.36% 0.07% 0.00% 0.43% 0.09% 0.07%
Honda Auto Receivables 2015-2 Owner Trust
Summary of Initial Pool Composition Closing Date 5/20/2015 Credit Grade (2)
Cutoff Date 5/1/2015 A 80.65%Aggregate Principal Balance $1,390,820,584 B 12.01%Number of Receivables 80,385 C 5.83%Average Principal Balance $17,302 D 1.50%Average Original Amt Financed $23,575 Original Term (2)
Weighted Avg APR (1) 2.12% 1-24 0.13% Minimum 0.50% 25-36 7.65% Maximum 20.64% 37-48 2.38%Weighted Average Original Term to Maturity (1) 59.67 months 49-60 73.21%Weighted Average Remaining Term to Maturity (1) 46.28 months 61-72 16.62%Non-Zero Weighted Average FICO score (1) 759 Top 5 State (2)(3)
Percentage New Vehicle (2) 91.97% CA 17.03%Percentage Used Vehicle (2) 8.03% TX 8.81%Percentage Honda (2) 86.18% IL 5.61%Percentage Acura (2) 13.82% FL 5.08% NJ 4.75%
New Reporting Method Pool Cumulative Delinquencies (5) Cumulative
Month Factor Prepayments (4) Net Loss 31-60 61-90 91-120 121+ 61+ Net Loss 61+1 May-15 96.66% 1.10% 0.00% 0.20% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%2 Jun-15 93.28% 1.20% 0.00% 0.53% 0.03% 0.00% 0.00% 0.03% 0.00% 0.02%3 Jul-15 89.96% 1.20% 0.00% 0.68% 0.05% 0.01% 0.00% 0.06% 0.00% 0.04%4 Aug-15 86.74% 1.17% 0.01% 0.84% 0.14% 0.02% 0.00% 0.16% 0.01% 0.05%5 Sep-15 83.49% 1.24% 0.02% 1.11% 0.11% 0.03% 0.00% 0.14% 0.02% 0.05%6 Oct-15 80.37% 1.18% 0.03% 1.13% 0.14% 0.03% 0.00% 0.17% 0.02% 0.07%7 Nov-15 77.41% 1.10% 0.05% 1.31% 0.21% 0.03% 0.00% 0.24% 0.04% 0.07%8 Dec-15 74.33% 1.25% 0.06% 1.42% 0.23% 0.03% 0.00% 0.26% 0.05% 0.06%9 Jan-16 71.71% 0.89% 0.08% 2.02% 0.51% 0.07% 0.00% 0.58% 0.06% 0.11%
10 Feb-16 68.51% 1.45% 0.10% 1.72% 0.29% 0.07% 0.00% 0.36% 0.08% 0.08%11 Mar-16 65.38% 1.45% 0.11% 1.59% 0.31% 0.04% 0.00% 0.35% 0.09% 0.05%
Honda Auto Receivables 2015-3 Owner Trust
Summary of Initial Pool Composition Closing Date 8/19/2015 Credit Grade (2)
Cutoff Date 8/1/2015 A 80.91%Aggregate Principal Balance $1,168,453,085 B 12.20%Number of Receivables 65,177 C 5.37%Average Principal Balance $17,927 D 1.51%Average Original Amt Financed $23,867 Original Term (2)
Weighted Avg APR (1) 2.13% 1-24 0.14% Minimum 0.50% 25-36 7.28% Maximum 22.24% 37-48 2.57%Weighted Average Original Term to Maturity (1) 59.70 months 49-60 73.77%Weighted Average Remaining Term to Maturity (1) 46.70 months 61-72 16.24%Non-Zero Weighted Average FICO score (1) 761 Top 5 State (2)(3)
Percentage New Vehicle (2) 93.19% CA 17.46%Percentage Used Vehicle (2) 6.81% TX 9.30%Percentage Honda (2) 86.61% IL 5.71%Percentage Acura (2) 13.39% FL 5.08% VA 4.54%
New Reporting Method Pool Cumulative Delinquencies (5) Cumulative
Month Factor Prepayments (4) Net Loss 31-60 61-90 91-120 121+ 61+ Net Loss 61+1 Aug-15 96.70% 1.09% 0.00% 0.20% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%2 Sep-15 93.47% 1.11% 0.00% 0.68% 0.04% 0.00% 0.00% 0.04% 0.00% 0.03%3 Oct-15 90.32% 1.08% 0.00% 0.75% 0.09% 0.01% 0.00% 0.10% 0.00% 0.05%4 Nov-15 87.29% 1.02% 0.02% 1.00% 0.12% 0.02% 0.00% 0.14% 0.02% 0.06%5 Dec-15 84.16% 1.16% 0.03% 1.07% 0.11% 0.05% 0.00% 0.16% 0.03% 0.06%6 Jan-16 81.36% 0.91% 0.05% 1.71% 0.35% 0.04% 0.00% 0.39% 0.04% 0.08%7 Feb-16 78.14% 1.31% 0.06% 1.45% 0.21% 0.04% 0.00% 0.25% 0.05% 0.06%8 Mar-16 74.92% 1.36% 0.08% 1.32% 0.20% 0.04% 0.00% 0.24% 0.07% 0.06%
Honda Auto Receivables 2015-4 Owner Trust
Summary of Initial Pool Composition Closing Date 10/22/2015 Credit Grade (2)
Cutoff Date 10/1/2015 A 79.32%Aggregate Principal Balance $1,222,568,788 B 13.31%Number of Receivables 66,953 C 5.89%Average Principal Balance $18,260 D 1.47%Average Original Amt Financed $24,118 Original Term (2)
Weighted Avg APR (1) 2.17% 1-24 0.05% Minimum 0.50% 25-36 1.89% Maximum 20.59% 37-48 2.60%Weighted Average Original Term to Maturity (1) 61.08 months 49-60 78.70%Weighted Average Remaining Term to Maturity (1) 47.86 months 61-72 16.75%Non-Zero Weighted Average FICO score (1) 761 Top 5 State (2)(3)
Percentage New Vehicle (2) 92.99% CA 17.95%Percentage Used Vehicle (2) 7.01% TX 9.27%Percentage Honda (2) 86.52% IL 5.71%Percentage Acura (2) 13.48% FL 4.86% VA 4.43%
New Reporting Method Pool Cumulative Delinquencies (5) Cumulative
Month Factor Prepayments (4) Net Loss 31-60 61-90 91-120 121+ 61+ Net Loss 61+1 Oct-15 96.90% 0.98% 0.00% 0.22% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%2 Nov-15 94.01% 0.87% 0.00% 0.68% 0.04% 0.00% 0.00% 0.04% 0.00% 0.05%3 Dec-15 90.94% 1.05% 0.01% 0.82% 0.06% 0.01% 0.00% 0.07% 0.01% 0.05%4 Jan-16 88.30% 0.72% 0.02% 1.49% 0.25% 0.03% 0.00% 0.28% 0.02% 0.09%5 Feb-16 85.12% 1.21% 0.03% 1.26% 0.14% 0.02% 0.00% 0.16% 0.02% 0.06%6 Mar-16 81.91% 1.28% 0.04% 1.08% 0.14% 0.02% 0.00% 0.16% 0.04% 0.04%
Honda Auto Receivables 2016-1 Owner Trust
Summary of Initial Pool Composition Closing Date 2/25/2016 Credit Grade (2)
Cutoff Date 2/1/2016 A 79.57%Aggregate Principal Balance $1,025,648,881 B 12.72%Number of Receivables 57,830 C 6.24%Average Principal Balance $17,736 D 1.48%Average Original Amt Financed $23,806 Original Term (2)
Weighted Avg APR (1) 2.16% 1-24 0.15% Minimum 0.50% 25-36 9.58% Maximum 21.74% 37-48 3.65%Weighted Average Original Term to Maturity (1) 59.42 months 49-60 66.74%Weighted Average Remaining Term to Maturity (1) 45.81 months 61-72 19.89%Non-Zero Weighted Average FICO score (1) 761 Top 5 State (2)(3)
Percentage New Vehicle (2) 93.69% CA 18.62%Percentage Used Vehicle (2) 6.31% TX 9.30%Percentage Honda (2) 86.88% IL 5.44%Percentage Acura (2) 13.12% FL 5.28% NY 4.17%
Pool Cumulative Delinquencies (5) (6)
Month Factor Prepayments (4) Net Loss (6) 31-60 61-90 91-120 121+ 61+1 Feb-16 96.74% 1.03% 0.00% 0.24% 0.00% 0.00% 0.00% 0.00%2 Mar-16 93.17% 1.32% 0.00% 0.24% 0.02% 0.00% 0.00% 0.02%
Honda Auto Receivables Owner Trusts
Prepayment Speed Information. The graph below shows prepayment speed information for AHFC’s prior loan securitizations for all transactions issued since 2011.
Cumulative Net Loss Information. The graphs below show cumulative net loss information for AHFC’s prior loan securitizations for transactions issued since 2011, provided that transactions beginning with Honda Auto Receivables 2016-1 Owner Trust are only reported under the New Reporting Method.
Cumulative 61+ Day Delinquency Information. The graphs below show cumulative 61+ day delinquency information for AHFC’s prior loan securitizations for transactions issued since 2011, provided that transactions beginning with Honda Auto Receivables 2016-1 Owner Trust are only reported under the New Reporting Method.
