01/23/2026 | Press release | Distributed by Public on 01/23/2026 11:42
Nissan Auto Receivables 2024-B Owner Trust
Servicer's Certificate
|
Collection Period |
31-Dec-25 | 30/360 Days | 30 | Collection Period Start | 1-Dec-25 | |||||||||||
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Distribution Date |
15-Jan-26 | Actual/360 Days | 31 | Collection Period End | 31-Dec-25 | |||||||||||
| Prior Month Settlement Date | 15-Dec-25 | |||||||||||||||
| Current Month Settlement Date | 15-Jan-26 |
| Coupon Rate | Initial Balance | Beginning Balance | Ending Balance | Pool Factor | ||||||||||||||||
|
Pool Balance |
1,397,810,762.29 | 748,939,262.48 | 709,376,779.08 | 0.544801 | ||||||||||||||||
|
Yield Supplement Overcollaterization |
95,727,428.43 | 38,209,041.88 | 35,347,026.65 | |||||||||||||||||
|
Total Adjusted Pool Balance |
1,302,083,333.86 | 710,730,220.60 | 674,029,752.43 | |||||||||||||||||
|
Total Adjusted Securities |
1,302,083,333.86 | 710,730,220.60 | 674,029,752.43 | 0.517655 | ||||||||||||||||
|
Class A-1 Notes |
4.70300 | % | 305,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
|
Class A-2a Notes |
4.51000 | % | 135,000,000.00 | 49,094,066.02 | 38,083,925.57 | 0.282103 | ||||||||||||||
|
Class A-2b Notes |
4.36385 | % | 315,000,000.00 | 114,552,820.72 | 88,862,493.00 | 0.282103 | ||||||||||||||
|
Class A-3 Notes |
4.34000 | % | 400,000,000.00 | 400,000,000.00 | 400,000,000.00 | 1.000000 | ||||||||||||||
|
Class A-4 Notes |
4.35000 | % | 95,000,000.00 | 95,000,000.00 | 95,000,000.00 | 1.000000 | ||||||||||||||
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Certificates |
0.00000 | % | 52,083,333.86 | 52,083,333.86 | 52,083,333.86 | 1.000000 | ||||||||||||||
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Principal Payment |
Interest Payment |
Principal per $1000 Face Amount |
Interest per $1000 Face Amount |
|||||||||||||||||
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Class A-1 Notes |
0.00 | 0.00 | - | - | ||||||||||||||||
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Class A-2a Notes |
11,010,140.45 | 184,511.86 | 81.5565959 | 1.3667545 | ||||||||||||||||
|
Class A-2b Notes |
25,690,327.72 | 430,461.98 | 81.5565959 | 1.3665460 | ||||||||||||||||
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Class A-3 Notes |
0.00 | 1,446,666.67 | - | 3.6166667 | ||||||||||||||||
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Class A-4 Notes |
0.00 | 344,375.00 | - | 3.6250000 | ||||||||||||||||
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Certificates |
0.00 | 0.00 | - | - | ||||||||||||||||
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Total Securities |
36,700,468.17 | 2,406,015.51 | ||||||||||||||||||
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I. COLLECTIONS |
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Interest: |
||||||||||||||||||||
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Interest Collections |
3,228,505.84 | |||||||||||||||||||
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Repurchased Loan Proceeds Related to Interest |
0.00 | |||||||||||||||||||
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Total Interest Collections |
3,228,505.84 | |||||||||||||||||||
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Principal: |
||||||||||||||||||||
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Principal Collections |
39,112,782.37 | |||||||||||||||||||
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Repurchased Loan Proceeds Related to Principal |
0.00 | |||||||||||||||||||
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Total Principal Collections |
39,112,782.37 | |||||||||||||||||||
|
Recoveries of Defaulted Receivables |
354,031.88 | |||||||||||||||||||
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Total Collections |
42,695,320.09 | |||||||||||||||||||
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II. COLLATERAL POOL BALANCE DATA |
||||||||||||||||||||
| Number | Amount | |||||||||||||||||||
|
Adjusted Pool Balance - Beginning of Period |
47,022 | 710,730,220.60 | ||||||||||||||||||
|
Total Principal Payment |
36,700,468.17 | |||||||||||||||||||
| 45,670 | 674,029,752.43 | |||||||||||||||||||
Nissan Auto Receivables 2024-B Owner Trust
Servicer's Certificate
|
III. DISTRIBUTIONS |
||||
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Total Collections |
42,695,320.09 | |||
|
Reserve Account Draw |
0.00 | |||
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Total Available for Distribution |
42,695,320.09 | |||
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1. Reimbursement of Advance |
0.00 | |||
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2. Servicing Fee: |
||||
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Servicing Fee Due |
624,116.05 | |||
|
Servicing Fee Paid |
624,116.05 | |||
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Servicing Fee Shortfall |
0.00 | |||
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3. Interest: |
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Class A-1 Notes Monthly Interest |
||||
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Class A-1 Notes Interest Carryover Shortfall |
0.00 | |||
|
Class A-1 Notes Interest on Interest Carryover Shortfall |
0.00 | |||
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Class A-1 Notes Monthly Interest Distributable Amount |
0.00 | |||
|
Class A-1 Notes Monthly Interest Paid |
0.00 | |||
|
Change in Class A-1 Notes Interest Carryover Shortfall |
0.00 | |||
|
Class A-2a Notes Monthly Interest |
||||
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Class A-2a Notes Interest Carryover Shortfall |
0.00 | |||
|
Class A-2a Notes Interest on Interest Carryover Shortfall |
0.00 | |||
|
Class A-2a Notes Monthly Interest Distributable Amount |
184,511.86 | |||
|
Class A-2a Notes Monthly Interest Paid |
184,511.86 | |||
|
Change in Class A-2a Notes Interest Carryover Shortfall |
0.00 | |||
|
Class A-2b Notes Monthly Interest |
||||
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Class A-2b Notes Interest Carryover Shortfall |
0.00 | |||
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Class A-2b Notes Interest on Interest Carryover Shortfall |
0.00 | |||
|
Class A-2b Notes Monthly Interest Distributable Amount |
430,461.98 | |||
|
Class A-2b Notes Monthly Interest Paid |
430,461.98 | |||
|
Change in Class A-2b Notes Interest Carryover Shortfall |
0.00 | |||
|
Class A-3 Notes Monthly Interest |
||||
|
Class A-3 Notes Interest Carryover Shortfall |
0.00 | |||
|
Class A-3 Notes Interest on Interest Carryover Shortfall |
0.00 | |||
|
Class A-3 Notes Monthly Interest Distributable Amount |
1,446,666.67 | |||
|
Class A-3 Notes Monthly Interest Paid |
1,446,666.67 | |||
|
Change in Class A-3 Notes Interest Carryover Shortfall |
0.00 | |||
|
Class A-4 Notes Monthly Interest |
||||
|
Class A-4 Notes Interest Carryover Shortfall |
0.00 | |||
|
Class A-4 Notes Interest on Interest Carryover Shortfall |
0.00 | |||
|
Class A-4 Notes Monthly Interest Distributable Amount |
344,375.00 | |||
|
Class A-4 Notes Monthly Interest Paid |
344,375.00 | |||
|
Change in Class A-4 Notes Interest Carryover Shortfall |
0.00 | |||
Nissan Auto Receivables 2024-B Owner Trust
Servicer's Certificate
|
Total Note Monthly Interest |
||||||||
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Total Note Monthly Interest Due |
2,406,015.51 | |||||||
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Total Note Monthly Interest Paid |
2,406,015.51 | |||||||
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Total Note Interest Carryover Shortfall |
0.00 | |||||||
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Change in Total Note Interest Carryover Shortfall |
0.00 | |||||||
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Total Available for Principal Distribution |
39,665,188.53 | |||||||
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4. Total Monthly Principal Paid on the Notes |
36,700,468.17 | |||||||
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Total Noteholders' Principal Carryover Shortfall |
0.00 | |||||||
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Total Noteholders' Principal Distributable Amount |
36,700,468.17 | |||||||
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Change in Total Noteholders' Principal Carryover Shortfall |
0.00 | |||||||
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5. Total Monthly Principal Paid on the Certificates |
0.00 | |||||||
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Total Certificateholders' Principal Carryover Shortfall |
0.00 | |||||||
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Total Certificateholders' Principal Distributable Amount |
0.00 | |||||||
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Change in Total Certificateholders' Principal Carryover Shortfall |
0.00 | |||||||
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Remaining Available Collections |
2,964,720.36 | |||||||
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Deposit from Remaining Available Collections to fund Reserve Account |
0.00 | |||||||
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Remaining Available Collections Released to Certificateholder |
2,964,720.36 | |||||||
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V. RESERVE ACCOUNT |
||||||||
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Initial Reserve Account Amount |
3,255,208.33 | |||||||
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Required Reserve Account Amount |
3,255,208.33 | |||||||
|
Beginning Reserve Account Balance |
3,255,208.33 | |||||||
|
Deposit of Remaining Available Collections |
0.00 | |||||||
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Ending Reserve Account Balance |
3,255,208.33 | |||||||
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Required Reserve Account Amount for Next Period |
3,255,208.33 | |||||||
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VI. POOL STATISTICS |
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Weighted Average Coupon |
5.02 | % | ||||||
|
Weighted Average Remaining Maturity |
34.51 | |||||||
| Amount | Number | |||||||
|
Principal on Defaulted Receivables |
449,701.03 | 28 | ||||||
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Principal Recoveries of Defaulted Receivables |
354,031.88 | |||||||
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Monthly Net Losses |
95,669.15 | |||||||
|
Pool Balance at Beginning of Collection Period |
748,939,262.48 | |||||||
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Net Loss Ratio for Third Preceding Collection Period |
0.73 | % | ||||||
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Net Loss Ratio for Second Preceding Collection Period |
0.20 | % | ||||||
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Net Loss Ratio for Preceding Collection Period |
0.32 | % | ||||||
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Net Loss Ratio for Current Collection Period |
0.15 | % | ||||||
|
Four-Month Average Net Loss Ratio |
0.35 | % | ||||||
|
Cumulative Net Losses for all Periods |
4,520,211.01 | |||||||
Nissan Auto Receivables 2024-B Owner Trust
Servicer's Certificate
| Amount | Number |
% of Receivables (EOP Balance) |
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Delinquent Receivables: |
||||||||||||
|
31-60 Days Delinquent |
5,009,470.54 | 259 | 0.71 | % | ||||||||
|
61-90 Days Delinquent |
886,336.23 | 53 | 0.12 | % | ||||||||
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91-120 Days Delinquent |
349,473.85 | 19 | 0.05 | % | ||||||||
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More than 120 Days |
0.00 | 0 | 0.00 | % | ||||||||
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Total 31+ Days Delinquent Receivables: |
6,245,280.62 | 331 | 0.88 | % | ||||||||
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61+ Days Delinquencies as Percentage of Receivables (EOP): |
||||||||||||
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Delinquency Ratio for Third Preceding Collection Period |
0.20 | % | 0.16 | % | ||||||||
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Delinquency Ratio for Second Preceding Collection Period |
0.14 | % | 0.13 | % | ||||||||
|
Delinquency Ratio for Preceding Collection Period |
0.18 | % | 0.16 | % | ||||||||
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Delinquency Ratio for Current Collection Period |
0.17 | % | 0.16 | % | ||||||||
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Four-Month Average Delinquency Ratio |
0.17 | % | 0.15 | % | ||||||||
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60 Day Delinquent Receivables |
1,273,749.22 | |||||||||||
|
Delinquency Percentage |
0.18 | % | ||||||||||
|
Delinquency Trigger |
4.90 | % | ||||||||||
|
Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
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Principal Balance of Extensions |
4,647,544.95 | |||||||||||
|
Number of Extensions |
219 | |||||||||||
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VII. STATEMENTS TO NOTEHOLDERS |
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1. Has there been a material change in practices with respect to charge-offs, collection and management of delinquent Receivables, and the effect of any grace period, re-aging, re-structuring, partial payments or other practices on delinquency and loss experience? |
NO | |||||||||||
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2. Have there been any material breaches of representations, warranties or covenants contained in the Receivables? |
NO | |||||||||||
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3. Has there been an issuance of notes or other securities backed by the Receivables? |
NO | |||||||||||
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4. Has there been a material change in the underwriting, origination or acquisition of Receivables? |
NO | |||||||||||