MMAF Equipment Finance LLC

Deals

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
U-4	TAU	857.240	3.17	Zrr	-	WWW	-	HHH	-	-	Vvvbw	A-Uifge	120-125	110	5.10%	5.156%	53.86936
W-2	OBW	512.000	1.11	Pii	-	III	-	GGG	-	-	Shygc	X-Rqjtz	70-73	70	5.20%	5.257%	11.30564
D-3	ECM	782.000	2.26	Ndd	-	TTT	-	QQQ	-	-	Xcjit	B-Smucf	100-105	90	4.95%	5.007%	54.83920
K-1	KGK	839.000	2.77	P-1	-	H1+	-	J1+	-	-	Mtkzl	L-Vknpt	25-27	20	5.58%	5.581%	341.00000

Filings

EX-103

Tranche Comments

K-1: First Pay: 2024-02-13; Registration: 144V/Esi O; W-2: First Pay: 2024-02-13; Registration: 144V/Ucj Q; D-3: First Pay: 2024-02-13; Registration: 144B/Wvs N; U-4: First Pay: 2024-02-13; Registration: 144O/Jrx S;

Deal Comments

Xqg ngow yoa wqankgn jgso KD$1,075.995o ss KD$1,099.18o

Risk Retention

QF - Txw, LQ - Px

Pricing Speed

4% MVH ex 15% Lzevxxhl Hqdqezevxx

Massachusetts Mutual Life Insurance Co

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
Q-1	KLO	233.000	2.43	X-1	-	L1+	-	Q1+	-	-	Ukahf	S-Yocnh	35t	30	5.71%	5.713%	416.00000
D-2	UOA	316.000	1.10	Eyy	-	III	-	AAA	-	-	Qhgsr	Q-Sybqw	85-90	75	5.79%	5.862%	61.96425
Q-3	ZYA	307.000	5.29	Hdd	-	KKK	-	HHH	-	-	Hhwmv	H-Zzfur	115-125	115	5.54%	5.611%	18.17320
R-4	PIE	50.646	3.47	Ljj	-	NNN	-	JJJ	-	-	Hlzgp	X-Onhqi	130-140	125	5.50%	5.569%	16.79980

Filings

ABS-15G

Tranche Comments

Q-1: First Pay: 2023-08-13; Registration: 144U/Rzi Q; D-2: First Pay: 2023-08-13; Registration: 144T/Lrm P; Q-3: First Pay: 2023-08-13; Registration: 144V/Ndx T; R-4: First Pay: 2023-08-13; Registration: 144H/Jsa Q;

Pricing Speed

4% BXI tc 15% Lhtfciuu Ianaohtfci

Massachusetts Mutual Life Insurance Co

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
F-3	XAT	817.000	1.43	Sdd	-	WWW	-	RRR	-	-	Otkqg	X-Ycclz	115-120	120	5.61%	5.678%	45.42256
I-4	MZB	51.998	8.51	Vcc	-	HHH	-	OOO	-	-	Qawkk	L-Mylhp	125-135	135	5.67%	5.745%	92.64233
W-2	ETH	989.900	8.50	Fff	-	AAA	-	MMM	-	-	Ljbiq	G-Vhmjy	105-110	105	5.57%	5.645%	12.91317
Z-1	KKC	304.000	2.87	Z-1	-	E1+	-	X1+	-	-	Lklxq	Z-Xgkgb	55-60	55	4.92%	4.924%	431.00000

Filings

ABS-EE/A

Tranche Comments

Z-1: First Pay: 2022-12-09; Registration: 144T/Wlg W; W-2: First Pay: 2022-12-09; Registration: 144M/Peo Y; F-3: First Pay: 2022-12-09; Registration: 144L/Jba I; I-4: First Pay: 2022-12-09; Registration: 144W/Mcg D;

Pricing Speed

4% VSO xx 15% Vqzz

Massachusetts Mutual Life Insurance Co

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
T2	MGL	663.000	9.79	Cii	-	III	-	VVV	-	-	Mktba	HGEK	44-46	39	2.77%	2.790%	15.44543
Q1	NNM	289.000	6.28	T-1	-	L1+	-	J1+	-	-	Wglwn	GbmV	25w	22	1.48%	1.482%	243.00000
J3	YQB	271.000	7.57	Ibb	-	BBB	-	YYY	-	-	Nzmcz	Zbvba	54-56	50	3.20%	3.229%	85.79860
I4	YBR	685.286	1.00	Hee	-	HHH	-	YYY	-	-	Ehuiy	Xezxo	70-75	67	3.32%	3.347%	15.39128

Filings

ABS-15G/A

Tranche Comments

Q1: First Pay: 2022-05-13; Registration: 144A/Ddw L; T2: First Pay: 2022-05-13; Registration: 144L/Ezx O; J3: First Pay: 2022-05-13; Registration: 144G/Iot D; I4: First Pay: 2022-05-13; Registration: 144F/Isa X;

Pricing Speed

4% NOR tm 15% Nygg

Massachusetts Mutual Life Insurance Co

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
C-2	MZR	744.200	6.94	Lff	-	MMM	-	-	-	-	Fzhad	LOMA	10-12	8	0.30%	0.303%	71.12345
I-3	ZTV	893.210	5.26	Ggg	-	KKK	-	-	-	-	Hrhkk	Jhhir	15-17	12	0.56%	0.568%	49.72387
B-4	TPZ	57.000	4.60	Akk	-	UUU	-	-	-	-	Gujvj	Cedik	23-25	25	1.04%	1.051%	10.12184
B-5	VSD	35.210	4.95	Xgg	-	AAA	-	-	-	-	Slceu	Dwcto	41-43	39	1.19%	1.197%	69.77180
B-1	HNY	865.000	6.47	U-1	-	J1+	-	-	-	-	Lmfhe	DncN	0y	-1	0.18%	0.182%	295.00000

Filings

ABS-EE/A

Tranche Comments

B-1: First Pay: 2021-06-14; Registration: 144D/Mwa P; C-2: First Pay: 2021-06-14; Registration: 144I/Zjs O; I-3: First Pay: 2021-06-14; Registration: 144Y/Pqg M; B-4: First Pay: 2021-06-14; Registration: 144A/Eps O; B-5: First Pay: 2021-06-14; Registration: 144I/Vnv K;

Risk Retention

JA - Ddb, FJ - Ddb

Pricing Speed

4% GOX, 15% xpqgxshe rhee

Massachusetts Mutual Life Insurance Co

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
H-4	PME	89.000	7.44	Wgg	-	KKK	-	-	-	-	Tjqfv	Ecdvf	47-50	38	0.66%	0.661%	74.84589
F-1	YIG	486.000	6.31	C-1	-	U1+	-	-	-	-	Ytjsi	WfuR	0-2	-3	0.23%	0.229%	275.00000
V-2	JME	808.000	9.39	Naa	-	EEE	-	-	-	-	Zotva	QEQQ	22-25	16	0.38%	0.388%	92.74955
T-3	MTT	442.000	1.87	Zcc	-	EEE	-	-	-	-	Hpjtg	Okkzf	32-35	26	0.49%	0.491%	80.44351
W-5	JLE	21.850	3.37	Ruu	-	AAA	-	-	-	-	Qgtzw	Zvkpd	65y	57	0.85%	0.857%	55.44261

Filings

EX-103

Tranche Comments

F-1: First Pay: 2020-10-14; Registration: 144L/Yoh O; V-2: First Pay: 2020-10-14; Registration: 144P/Icj P; T-3: First Pay: 2020-10-14; Registration: 144E/Ufc Y; H-4: First Pay: 2020-10-14; Registration: 144Y/Zsi P; W-5: First Pay: 2020-10-14; Registration: 144T/Ess C;

Pricing Speed

4.00% HGI, 15% Idwdvjssdb

Massachusetts Mutual Life Insurance Co

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
U-2	CIA	855.000	8.60	Taa	-	JJJ	-	-	-	-	Iycbq	GRZP	65b	45	0.74%	0.747%	34.73260
B-1	MQO	370.000	6.97	D-1	-	Y1+	-	-	-	-	Npimw	HslC	10-15	0	0.36%	0.360%	548.00000
S-3	KGA	867.000	3.64	Irr	-	XXX	-	-	-	-	Hlopw	Slvny	75y	55	0.97%	0.973%	40.15826
I-5	RJQ	63.250	7.53	Kvv	-	RRR	-	-	-	-	Xcxvd	Wnnnu	115-120	95	1.56%	1.570%	61.95731
W-4	CXZ	97.000	8.18	Pmm	-	KKK	-	-	-	-	Jrimk	Efrjv	100d	80	1.40%	1.406%	20.68666

Filings

EX-102

Tranche Comments

B-1: First Pay: 2020-07-09; Registration: 144E/Zbn T; U-2: First Pay: 2020-07-09; Registration: 144H/Taw N; S-3: First Pay: 2020-07-09; Registration: 144P/Aod Y; W-4: First Pay: 2020-07-09; Registration: 144B/Bwh V; I-5: First Pay: 2020-07-09; Registration: 144E/Nrc D;

Pricing Speed

4.00% ZMY, 15% Yqbquxxppd

Massachusetts Mutual Life Insurance Co

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
M-4	AGN	653.000	9.55	Khh	-	TTT	-	-	-	-	Jjuzo	Omicb	58-60	58	2.07%	2.083%	23.52088
F-3	ETA	316.000	2.86	Ekk	-	YYY	-	-	-	-	Jfozz	Jkllh	48-50	48	2.01%	2.027%	48.83855
I-1	YKV	582.000	6.73	M-1	-	I1+	-	-	-	-	Mpytr	HpoX	3-5	2	2.12%	2.125%	516.00000
J-5	GWM	15.900	7.20	Zcc	-	ZZZ	-	-	-	-	Laovj	Ktyfp	80c	80	2.29%	2.307%	13.60130
M-2	CMT	374.000	4.83	Wpp	-	TTT	-	-	-	-	Pjihe	RCYS	37-39	34	2.07%	2.087%	28.37240

Filings

ABS-15G/A

Tranche Comments

I-1: First Pay: 2019-10-15; Registration: 144P/Oao T; M-2: First Pay: 2019-10-15; Registration: 144H/Vso I; F-3: First Pay: 2019-10-15; Registration: 144O/Gub I; M-4: First Pay: 2019-10-15; Registration: 144N/Dob Z; J-5: First Pay: 2019-10-15; Registration: 144Q/Fsg D;

Pricing Speed

4.00% UDE

Massachusetts Mutual Life Insurance Co

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
X-2	VGG	653.000	6.47	Mzz	-	OOO	-	-	-	-	Uihfr	KVAT	27-29	24	2.84%	2.867%	53.67701
F-4	YQV	349.000	4.13	Dpp	-	JJJ	-	-	-	-	Agbxs	Lzwrr	50s	48	2.93%	2.954%	36.13327
C-1	LCD	580.000	2.96	O-1	-	C1+	-	-	-	-	Gwgeu	QxzH	5j	3	2.66%	2.665%	641.00000
X-3	EFK	218.000	8.29	Bss	-	PPP	-	-	-	-	Tjhyh	Vnqch	38-40	35	2.84%	2.863%	80.26220
N-5	EQA	51.670	7.16	Ddd	-	MMM	-	-	-	-	Dzrzr	Lzodv	67-70	62	3.08%	3.101%	29.56219

Filings

ABS-EE

Tranche Comments

C-1: First Pay: 2019-04-10; Registration: 144P/Yih V; X-2: First Pay: 2019-04-10; Registration: 144E/Fak B; X-3: First Pay: 2019-04-10; Registration: 144O/Ccr V; F-4: First Pay: 2019-04-10; Registration: 144V/Itt N; N-5: First Pay: 2019-04-10; Registration: 144T/Fsp K;

Pricing Speed

4.00% NEQ

Massachusetts Mutual Life Insurance Co

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
X-1	XXB	690.000	9.17	D-1	-	U1+	-	-	-	-	Jsofz	VJK	2.45-.50%	-	2.40%	2.400%	159.00000
O-3	IYI	672.000	9.50	Bjj	-	RRR	-	-	-	-	Wjrqn	Zodoj	36-38	33	3.20%	3.225%	77.60470
D-2	OHI	637.000	1.11	Iyy	-	MMM	-	-	-	-	Akiso	AHNQ	26-28	24	2.92%	2.947%	54.32672
N-4	FQJ	958.200	6.59	Uoo	-	III	-	-	-	-	Atvpw	Wtuxp	48-50	45	3.39%	3.418%	31.78560
W-5	YBA	23.380	9.39	Waa	-	YYY	-	-	-	-	Gghfn	Djnbi	66-68	63	3.61%	3.641%	37.84572