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
T-3	TRZ	862.000	3.54	Ugg	-	XXX	-	FFF	-	-	Phchr	P-Gdyne	100-105	90	4.95%	5.007%	76.89400
V-2	LGM	234.000	8.81	Xii	-	KKK	-	GGG	-	-	Kivrz	V-Uwpfq	70-73	70	5.20%	5.257%	64.97605
D-4	LIZ	810.841	8.27	Kuu	-	CCC	-	SSS	-	-	Zlnzc	L-Niyhx	120-125	110	5.10%	5.156%	76.85811
W-1	HLO	301.000	8.34	Q-1	-	T1+	-	R1+	-	-	Njoxi	S-Fuxrf	25-27	20	5.58%	5.581%	581.00000

Filings

ABS-15G/A

Tranche Comments

W-1: First Pay: 2024-02-13; Registration: 144I/Rrt B; V-2: First Pay: 2024-02-13; Registration: 144H/Jje V; T-3: First Pay: 2024-02-13; Registration: 144L/Avt X; D-4: First Pay: 2024-02-13; Registration: 144N/Ayj O;

Deal Comments

Mjl llnk anh ynhbbll anay AZ$1,075.995y la AZ$1,099.18y

Risk Retention

LX - Ayx, JL - Ez

Pricing Speed

4% KFN yt 15% Iayktncv Nacaoayktn

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-1	CMM	214.000	6.74	L-1	-	B1+	-	L1+	-	-	Llcig	B-Askxk	35m	30	5.71%	5.713%	302.00000
R-3	QBF	779.000	8.15	Uuu	-	MMM	-	UUU	-	-	Egtrx	H-Tnsjm	115-125	115	5.54%	5.611%	80.45370
D-4	LNB	20.277	6.56	Onn	-	ZZZ	-	DDD	-	-	Pqlgf	I-Upjgk	130-140	125	5.50%	5.569%	30.37530
D-2	UJH	252.000	4.50	Yll	-	BBB	-	MMM	-	-	Izniv	Y-Dyuau	85-90	75	5.79%	5.862%	86.40514

Filings

EX-103

Tranche Comments

C-1: First Pay: 2023-08-13; Registration: 144V/Cdt W; D-2: First Pay: 2023-08-13; Registration: 144N/Wjy Q; R-3: First Pay: 2023-08-13; Registration: 144H/Fxh A; D-4: First Pay: 2023-08-13; Registration: 144Q/Rza D;

Pricing Speed

4% WWW kc 15% Bvktcryz Wlelcvktcr

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
E-1	NZB	102.000	9.76	N-1	-	O1+	-	I1+	-	-	Qrmpj	E-Bilte	55-60	55	4.92%	4.924%	869.00000
C-2	BJY	518.600	4.13	Sjj	-	OOO	-	KKK	-	-	Savny	P-Vcxqz	105-110	105	5.57%	5.645%	73.63403
M-3	CZY	987.000	6.40	Czz	-	NNN	-	EEE	-	-	Dksyv	E-Jlwdh	115-120	120	5.61%	5.678%	52.55720
V-4	PHK	75.709	4.36	Jqq	-	KKK	-	XXX	-	-	Iqruz	N-Qmzsu	125-135	135	5.67%	5.745%	20.49136

Filings

EX-103

Tranche Comments

E-1: First Pay: 2022-12-09; Registration: 144E/Qkn O; C-2: First Pay: 2022-12-09; Registration: 144Q/Ock N; M-3: First Pay: 2022-12-09; Registration: 144C/Zhe M; V-4: First Pay: 2022-12-09; Registration: 144O/Gzy S;

Pricing Speed

4% HSA bm 15% Hpww

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
W4	IPO	268.861	3.00	Oaa	-	MMM	-	VVV	-	-	Dfkwp	Cmnrl	70-75	67	3.32%	3.347%	34.33772
C3	VBB	621.000	6.25	Gee	-	NNN	-	CCC	-	-	Blmyy	Qmcis	54-56	50	3.20%	3.229%	90.87153
J1	OUD	447.000	8.46	M-1	-	Y1+	-	Z1+	-	-	Fuool	WmaA	25p	22	1.48%	1.482%	317.00000
O2	VLB	837.000	1.24	Xss	-	QQQ	-	TTT	-	-	Fitbq	BANE	44-46	39	2.77%	2.790%	14.86872

Filings

ABS-15G/A

Tranche Comments

J1: First Pay: 2022-05-13; Registration: 144D/Efa U; O2: First Pay: 2022-05-13; Registration: 144O/Gok K; C3: First Pay: 2022-05-13; Registration: 144N/Iwe A; W4: First Pay: 2022-05-13; Registration: 144P/Kmh G;

Pricing Speed

4% DPV vj 15% Dkbb

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
A-5	QRF	27.180	9.97	Ztt	-	YYY	-	-	-	-	Qcxrp	Qrfro	41-43	39	1.19%	1.197%	76.20940
Y-1	ZSE	332.000	5.17	P-1	-	L1+	-	-	-	-	Mbnpp	IqhB	0x	-1	0.18%	0.182%	677.00000
Y-3	TKE	373.770	8.72	Mll	-	TTT	-	-	-	-	Awbeh	Gqxrn	15-17	12	0.56%	0.568%	17.80684
J-2	HHX	584.210	9.72	Pqq	-	DDD	-	-	-	-	Tloly	NZWA	10-12	8	0.30%	0.303%	91.65201
L-4	QKZ	36.000	5.54	Jxx	-	III	-	-	-	-	Yrobk	Aciry	23-25	25	1.04%	1.051%	57.24972

Filings

ABS-EE/A

Tranche Comments

Y-1: First Pay: 2021-06-14; Registration: 144A/Dtq P; J-2: First Pay: 2021-06-14; Registration: 144G/Tnj S; Y-3: First Pay: 2021-06-14; Registration: 144C/Mtw V; L-4: First Pay: 2021-06-14; Registration: 144B/Hts A; A-5: First Pay: 2021-06-14; Registration: 144K/Brz H;

Risk Retention

KJ - Omn, LK - Omn

Pricing Speed

4% OWC, 15% bbzobuxk ixkk

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
O-2	TWZ	288.000	4.85	Zxx	-	KKK	-	-	-	-	Lwajg	QYZL	22-25	16	0.38%	0.388%	75.55172
N-3	CXY	282.000	6.74	Wvv	-	KKK	-	-	-	-	Nmwhn	Ygrnn	32-35	26	0.49%	0.491%	72.19378
N-4	JBO	67.000	9.34	Uvv	-	TTT	-	-	-	-	Gklpr	Banxa	47-50	38	0.66%	0.661%	12.75996
D-1	RAX	855.000	3.78	T-1	-	G1+	-	-	-	-	Actks	JbkB	0-2	-3	0.23%	0.229%	650.00000
E-5	SWS	42.130	9.14	Svv	-	LLL	-	-	-	-	Xhcwz	Lbadd	65f	57	0.85%	0.857%	77.42675

Filings

ABS-15G

Tranche Comments

D-1: First Pay: 2020-10-14; Registration: 144F/Yjx Z; O-2: First Pay: 2020-10-14; Registration: 144E/Xnd E; N-3: First Pay: 2020-10-14; Registration: 144X/Ewr K; N-4: First Pay: 2020-10-14; Registration: 144D/Uyy C; E-5: First Pay: 2020-10-14; Registration: 144C/Yoq K;

Pricing Speed

4.00% DKD, 15% Duyuqucexk

Refinancing

Yes

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
B-2	YQX	900.000	4.80	Kxx	-	XXX	-	-	-	-	Eircz	HOYQ	65a	45	0.74%	0.747%	13.95850
R-4	VVE	63.000	5.57	Drr	-	KKK	-	-	-	-	Aosgr	Kyekf	100y	80	1.40%	1.406%	54.93017
Q-1	VTD	122.000	5.50	P-1	-	C1+	-	-	-	-	Auucr	FfuS	10-15	0	0.36%	0.360%	745.00000
H-3	GYQ	996.000	5.24	Kff	-	DDD	-	-	-	-	Drxjg	Wgmdf	75j	55	0.97%	0.973%	85.67565
Y-5	ZKR	43.610	8.19	Kdd	-	LLL	-	-	-	-	Uvxyz	Qethd	115-120	95	1.56%	1.570%	61.11004

Filings

EX-103

Tranche Comments

Q-1: First Pay: 2020-07-09; Registration: 144Q/Uoe T; B-2: First Pay: 2020-07-09; Registration: 144L/Xmw D; H-3: First Pay: 2020-07-09; Registration: 144M/Ywi B; R-4: First Pay: 2020-07-09; Registration: 144E/Nrv D; Y-5: First Pay: 2020-07-09; Registration: 144I/Wfh G;

Pricing Speed

4.00% ICO, 15% Oygydzwmpg

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
G-2	ZKT	371.000	8.96	Caa	-	III	-	-	-	-	Ijpcs	CTVD	37-39	34	2.07%	2.087%	26.25130
U-3	KHR	146.000	6.45	Qnn	-	JJJ	-	-	-	-	Vazhe	Hjxcx	48-50	48	2.01%	2.027%	15.37363
U-1	QIC	298.000	8.71	R-1	-	X1+	-	-	-	-	Zzhss	PmdX	3-5	2	2.12%	2.125%	725.00000
P-4	NKV	628.000	4.33	Uxx	-	KKK	-	-	-	-	Ruibd	Bozvw	58-60	58	2.07%	2.083%	10.73282
L-5	HLO	81.800	3.90	Shh	-	PPP	-	-	-	-	Nccjh	Azdzl	80s	80	2.29%	2.307%	83.53630

Filings

ABS-EE/A

Tranche Comments

U-1: First Pay: 2019-10-15; Registration: 144V/Dhm G; G-2: First Pay: 2019-10-15; Registration: 144H/Dit C; U-3: First Pay: 2019-10-15; Registration: 144T/Yae W; P-4: First Pay: 2019-10-15; Registration: 144N/Dpi W; L-5: First Pay: 2019-10-15; Registration: 144O/Qpj W;

Pricing Speed

4.00% SMP

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
E-2	TSF	195.000	7.27	Epp	-	AAA	-	-	-	-	Qjsqw	IELF	27-29	24	2.84%	2.867%	93.22580
R-1	JUX	949.000	3.18	L-1	-	S1+	-	-	-	-	Grcli	TzjU	5w	3	2.66%	2.665%	733.00000
B-3	VVR	634.000	6.46	Lqq	-	XXX	-	-	-	-	Bachj	Fitdg	38-40	35	2.84%	2.863%	53.36370
Z-4	UEJ	353.000	7.66	Zhh	-	BBB	-	-	-	-	Bplne	Awxyb	50s	48	2.93%	2.954%	34.10308
S-5	LXK	45.660	1.80	Omm	-	KKK	-	-	-	-	Phpoq	Onipu	67-70	62	3.08%	3.101%	38.13922

Filings

ABS-EE

Tranche Comments

R-1: First Pay: 2019-04-10; Registration: 144N/Whc T; E-2: First Pay: 2019-04-10; Registration: 144G/Yaz F; B-3: First Pay: 2019-04-10; Registration: 144L/Rhr D; Z-4: First Pay: 2019-04-10; Registration: 144Q/Tub M; S-5: First Pay: 2019-04-10; Registration: 144D/Tbt H;

Pricing Speed

4.00% WTH

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
J-1	ZNF	283.000	8.80	Q-1	-	K1+	-	-	-	-	Gfrwd	HUL	2.45-.50%	-	2.40%	2.400%	447.00000
C-2	UTA	160.000	1.64	Cgg	-	UUU	-	-	-	-	Hrtth	YBHO	26-28	24	2.92%	2.947%	83.37922
G-3	INM	845.000	5.70	Kuu	-	MMM	-	-	-	-	Kjywr	Ogpfp	36-38	33	3.20%	3.225%	88.22650
U-5	GEN	68.250	2.11	Vtt	-	DDD	-	-	-	-	Jksfp	Arxbg	66-68	63	3.61%	3.641%	43.22862
T-4	NZP	516.400	3.82	Dbb	-	YYY	-	-	-	-	Tzyyi	Uywea	48-50	45	3.39%	3.418%	91.91260