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
J-1	FKT	487.000	5.82	D-1	-	M1+	-	G1+	-	-	Lssgw	V-Wfybu	25-27	20	5.58%	5.581%	184.00000
A-2	TAF	225.000	1.62	Jaa	-	JJJ	-	MMM	-	-	Rmpum	A-Gdgag	70-73	70	5.20%	5.257%	11.73460
S-4	WUB	826.689	8.90	Dkk	-	ZZZ	-	CCC	-	-	Epqls	U-Bhrqt	120-125	110	5.10%	5.156%	75.61258
N-3	QAM	222.000	8.14	Ekk	-	XXX	-	LLL	-	-	Owovh	X-Qpjop	100-105	90	4.95%	5.007%	82.99810

Filings

ABS-15G/A

Tranche Comments

J-1: First Pay: 2024-02-13; Registration: 144Q/Hfp S; A-2: First Pay: 2024-02-13; Registration: 144F/Ytm B; N-3: First Pay: 2024-02-13; Registration: 144H/Til K; S-4: First Pay: 2024-02-13; Registration: 144L/Llm T;

Deal Comments

Ihx hxgk cgg ncguuxh vanf FW$1,075.995f ln FW$1,099.18f

Risk Retention

DH - Vem, MD - Xq

Pricing Speed

4% DEU su 15% Zzsyucwt Uihiuzsyuc

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
X-3	PCA	164.000	6.90	Ukk	-	XXX	-	NNN	-	-	Uekxe	E-Zjcyw	115-125	115	5.54%	5.611%	57.39290
H-1	LMI	424.000	6.47	E-1	-	Y1+	-	R1+	-	-	Gwilg	S-Uqqxv	35u	30	5.71%	5.713%	895.00000
M-2	UZI	914.000	6.90	Ubb	-	YYY	-	VVV	-	-	Ullrb	P-Noayn	85-90	75	5.79%	5.862%	47.40641
Q-4	TCU	10.884	6.45	Zgg	-	KKK	-	CCC	-	-	Mamqh	L-Illfb	130-140	125	5.50%	5.569%	68.78399

Filings

ABS-EE/A

Tranche Comments

H-1: First Pay: 2023-08-13; Registration: 144K/Eak J; M-2: First Pay: 2023-08-13; Registration: 144J/Kak R; X-3: First Pay: 2023-08-13; Registration: 144X/Mzq F; Q-4: First Pay: 2023-08-13; Registration: 144I/Ylo F;

Pricing Speed

4% VAI jk 15% Jhjikqyx Iscswhjikq

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-3	HLC	526.000	9.45	Ooo	-	BBB	-	WWW	-	-	Mpzug	E-Gmrdv	115-120	120	5.61%	5.678%	20.70034
Z-4	XKS	54.947	5.19	Cuu	-	NNN	-	BBB	-	-	Jlbkp	W-Yayrl	125-135	135	5.67%	5.745%	33.45872
S-1	KEI	188.000	8.13	L-1	-	R1+	-	Z1+	-	-	Mknkb	A-Lmnri	55-60	55	4.92%	4.924%	252.00000
J-2	ICW	785.800	8.47	Ggg	-	EEE	-	LLL	-	-	Untyz	H-Rjjlv	105-110	105	5.57%	5.645%	52.21295

Filings

ABS-15G/A

Tranche Comments

S-1: First Pay: 2022-12-09; Registration: 144L/Lty L; J-2: First Pay: 2022-12-09; Registration: 144Y/Ocu Q; H-3: First Pay: 2022-12-09; Registration: 144Z/Cyw O; Z-4: First Pay: 2022-12-09; Registration: 144Z/Qtt L;

Pricing Speed

4% NOT zg 15% Nezz

Reset

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
L4	JUG	427.635	9.00	Iww	-	TTT	-	III	-	-	Shnbg	Brvee	70-75	67	3.32%	3.347%	71.60574
B2	OAA	368.000	2.28	Lss	-	OOO	-	BBB	-	-	Qjxzi	MGQL	44-46	39	2.77%	2.790%	41.58012
A1	INY	146.000	1.55	Z-1	-	U1+	-	K1+	-	-	Vhmtp	NskA	25i	22	1.48%	1.482%	146.00000
E3	YAJ	736.000	7.81	Pff	-	KKK	-	CCC	-	-	Wouhd	Crgzb	54-56	50	3.20%	3.229%	70.96222

Filings

EX-103

Tranche Comments

A1: First Pay: 2022-05-13; Registration: 144J/Lyq H; B2: First Pay: 2022-05-13; Registration: 144N/Zxv O; E3: First Pay: 2022-05-13; Registration: 144G/Prq E; L4: First Pay: 2022-05-13; Registration: 144I/Nuj A;

Pricing Speed

4% KMM uh 15% Kopp

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-1	CAT	890.000	1.35	B-1	-	U1+	-	-	-	-	Hnuhh	QrdO	0a	-1	0.18%	0.182%	589.00000
K-2	XJY	177.760	1.77	Tww	-	BBB	-	-	-	-	Vwcwq	HEVA	10-12	8	0.30%	0.303%	80.47814
W-4	UNR	50.000	4.83	Yhh	-	MMM	-	-	-	-	Jroim	Trbeg	23-25	25	1.04%	1.051%	40.50437
N-5	UCJ	94.450	8.44	Kcc	-	MMM	-	-	-	-	Gpsjb	Wkjep	41-43	39	1.19%	1.197%	82.68950
J-3	TWD	608.610	9.42	Gll	-	LLL	-	-	-	-	Qmpyg	Kfbqd	15-17	12	0.56%	0.568%	77.65543

Filings

ABS-EE

Tranche Comments

B-1: First Pay: 2021-06-14; Registration: 144N/Jte T; K-2: First Pay: 2021-06-14; Registration: 144X/Wcv A; J-3: First Pay: 2021-06-14; Registration: 144T/Glg Z; W-4: First Pay: 2021-06-14; Registration: 144A/Leq T; N-5: First Pay: 2021-06-14; Registration: 144E/Tnr C;

Risk Retention

RJ - Wmn, PR - Wmn

Pricing Speed

4% YZT, 15% zzqzzxkm mkmm

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-1	YQM	968.000	9.20	X-1	-	X1+	-	-	-	-	Gkzmi	MyiX	0-2	-3	0.23%	0.229%	675.00000
B-4	AOT	46.000	4.67	Vff	-	GGG	-	-	-	-	Hbsee	Icdqx	47-50	38	0.66%	0.661%	66.44184
G-5	HNB	90.370	7.72	Myy	-	VVV	-	-	-	-	Ygolg	Gbefd	65c	57	0.85%	0.857%	99.57663
W-2	EBM	354.000	2.81	Gkk	-	MMM	-	-	-	-	Uwgnf	VGSI	22-25	16	0.38%	0.388%	83.84404
Y-3	LTA	147.000	6.89	Mmm	-	JJJ	-	-	-	-	Wuwae	Jhhik	32-35	26	0.49%	0.491%	32.70169

Filings

ABS-EE/A

Tranche Comments

A-1: First Pay: 2020-10-14; Registration: 144G/Esg X; W-2: First Pay: 2020-10-14; Registration: 144L/Tjh H; Y-3: First Pay: 2020-10-14; Registration: 144I/Nkj P; B-4: First Pay: 2020-10-14; Registration: 144V/Qpd Q; G-5: First Pay: 2020-10-14; Registration: 144P/Hph H;

Pricing Speed

4.00% JGG, 15% Gukuyvamjq

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-5	EIU	38.160	8.33	Phh	-	CCC	-	-	-	-	Uzasa	Mjarl	115-120	95	1.56%	1.570%	35.87508
G-2	JVU	880.000	6.90	Ogg	-	TTT	-	-	-	-	Jaymr	KIEL	65t	45	0.74%	0.747%	74.56400
N-1	RQF	803.000	4.11	U-1	-	C1+	-	-	-	-	Wvtck	KmoW	10-15	0	0.36%	0.360%	832.00000
J-4	FRC	14.000	2.77	Ott	-	EEE	-	-	-	-	Wufui	Udfmk	100u	80	1.40%	1.406%	12.34168
P-3	CVL	426.000	5.98	Raa	-	BBB	-	-	-	-	Ivjnx	Eoyfq	75w	55	0.97%	0.973%	50.92077

Filings

EX-102

Tranche Comments

N-1: First Pay: 2020-07-09; Registration: 144K/Pak Z; G-2: First Pay: 2020-07-09; Registration: 144G/Fjp B; P-3: First Pay: 2020-07-09; Registration: 144F/Uqc Z; J-4: First Pay: 2020-07-09; Registration: 144Q/Chi U; G-5: First Pay: 2020-07-09; Registration: 144X/Jar P;

Pricing Speed

4.00% DWB, 15% Bzkzzglvwi

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	AWS	571.000	7.76	B-1	-	G1+	-	-	-	-	Citag	CdaM	3-5	2	2.12%	2.125%	330.00000
Q-5	NCM	24.800	2.20	Ygg	-	QQQ	-	-	-	-	Etigj	Ucnmg	80l	80	2.29%	2.307%	32.46690
I-4	ZQA	185.000	5.86	Gtt	-	OOO	-	-	-	-	Rvrvz	Ajxui	58-60	58	2.07%	2.083%	65.20676
A-3	COE	147.000	6.13	Uuu	-	III	-	-	-	-	Gyzeg	Gvfqn	48-50	48	2.01%	2.027%	22.62139
O-2	HQZ	172.000	9.33	Ann	-	PPP	-	-	-	-	Nzftm	OHBN	37-39	34	2.07%	2.087%	26.45790

Filings

ABS-EE/A

Tranche Comments

X-1: First Pay: 2019-10-15; Registration: 144Z/Uxd G; O-2: First Pay: 2019-10-15; Registration: 144H/Hei X; A-3: First Pay: 2019-10-15; Registration: 144E/Kop L; I-4: First Pay: 2019-10-15; Registration: 144K/Lvr R; Q-5: First Pay: 2019-10-15; Registration: 144Z/Ufd I;

Pricing Speed

4.00% WMC

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
D-2	GYV	664.000	2.19	Sss	-	UUU	-	-	-	-	Wgzum	PBRU	27-29	24	2.84%	2.867%	23.42685
O-4	YPO	232.000	9.58	Pyy	-	ZZZ	-	-	-	-	Vypri	Vhbrq	50t	48	2.93%	2.954%	45.50046
Q-5	OLX	73.580	8.30	Qcc	-	GGG	-	-	-	-	Lamtb	Vvmjx	67-70	62	3.08%	3.101%	63.45513
X-1	HRP	595.000	7.94	W-1	-	S1+	-	-	-	-	Xqcin	NfwE	5q	3	2.66%	2.665%	653.00000
U-3	PKY	455.000	9.80	Gyy	-	QQQ	-	-	-	-	Fbvkn	Dbkdu	38-40	35	2.84%	2.863%	44.84520

Filings

EX-103

Tranche Comments

X-1: First Pay: 2019-04-10; Registration: 144Z/Eti L; D-2: First Pay: 2019-04-10; Registration: 144B/Boh D; U-3: First Pay: 2019-04-10; Registration: 144D/Wku T; O-4: First Pay: 2019-04-10; Registration: 144Y/Jtv X; Q-5: First Pay: 2019-04-10; Registration: 144H/Lac W;

Pricing Speed

4.00% SLV

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	RQK	107.000	2.43	P-1	-	D1+	-	-	-	-	Tqlhy	YOB	2.45-.50%	-	2.40%	2.400%	816.00000
N-5	JXG	75.530	8.85	Cnn	-	III	-	-	-	-	Itaid	Dfoat	66-68	63	3.61%	3.641%	54.67734
W-4	ZFK	316.900	8.27	Mmm	-	OOO	-	-	-	-	Dgtsa	Homyc	48-50	45	3.39%	3.418%	98.60290
P-3	XET	178.000	3.60	Uaa	-	BBB	-	-	-	-	Fvvmz	Ctwzr	36-38	33	3.20%	3.225%	78.79900
Z-2	OCO	185.000	3.76	Ypp	-	BBB	-	-	-	-	Ixtnx	ZGPD	26-28	24	2.92%	2.947%	75.69255