10/27/2026 | Press release | Distributed by Public on 10/27/2026 10:15
Nissan Auto Receivables 2025-B Owner Trust
Servicer's Certificate
|
Collection Period |
30-Sep-26 | 30/360 Days | 30 | Collection Period Start | 9/1/2026 | |||||||||||
|
Distribution Date |
15-Oct-26 | Actual/360 Days | 30 | Collection Period End | 9/30/2026 | |||||||||||
| Prior Month Settlement Date | 9/15/2026 | |||||||||||||||
| Current Month Settlement Date | 10/15/2026 |
| Coupon Rate | Initial Balance | Beginning Balance | Ending Balance | Pool Factor | ||||||||||||||||
|
Pool Balance |
1,381,270,659.94 | 953,676,180.92 | 915,576,915.86 | 0.72 | ||||||||||||||||
|
Yield Supplement Overcollaterization |
101,188,734.57 | 59,297,041.79 | 55,863,470.88 | |||||||||||||||||
|
Total Adjusted Pool Balance |
1,280,081,925.37 | 894,379,139.13 | 859,713,444.98 | |||||||||||||||||
|
Total Adjusted Securities |
1,280,081,925.37 | 894,379,139.13 | 859,713,444.98 | 0.67 | ||||||||||||||||
|
Class A-1 Notes |
3.97400 | % | 279,000,000.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||
|
Class A-2a Notes |
4.00000 | % | 280,000,000.00 | 205,308,049.63 | 181,042,063.73 | 0.65 | ||||||||||||||
|
Class A-2b Notes |
4.02850 | % | 120,000,000.00 | 87,989,164.13 | 77,589,455.88 | 0.65 | ||||||||||||||
|
Class A-3 Notes |
3.99000 | % | 462,000,000.00 | 462,000,000.00 | 462,000,000.00 | 1.00 | ||||||||||||||
|
Class A-4 Notes |
4.02000 | % | 87,900,000.00 | 87,900,000.00 | 87,900,000.00 | 1.00 | ||||||||||||||
|
Class B Notes |
4.28000 | % | 21,100,000.00 | 21,100,000.00 | 21,100,000.00 | 1.00 | ||||||||||||||
|
Certificates |
0.00000 | % | 30,081,925.37 | 30,081,925.37 | 30,081,925.37 | 1.00 | ||||||||||||||
|
Principal Payment |
Interest Payment |
Principal per $1000 Face Amount |
Interest per $1000 Face Amount |
|||||||||||||||||
|
Class A-1 Notes |
0.00 | 0.00 | - | - | ||||||||||||||||
|
Class A-2a Notes |
24,265,985.91 | 684,360.17 | 86.6642354 | 2.4441435 | ||||||||||||||||
|
Class A-2b Notes |
10,399,708.25 | 295,386.96 | 86.6642354 | 2.4615580 | ||||||||||||||||
|
Class A-3 Notes |
0.00 | 1,536,150.00 | - | 3.3250000 | ||||||||||||||||
|
Class A-4 Notes |
0.00 | 294,465.00 | - | 3.3500000 | ||||||||||||||||
|
Class B Notes |
0.00 | 75,256.67 | - | 3.5666668 | ||||||||||||||||
|
Certificates |
0.00 | 0.00 | - | - | ||||||||||||||||
|
Total Securities |
34,665,694.15 | 2,885,618.80 | ||||||||||||||||||
|
I. COLLECTIONS |
||||||||||||||||||||
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Interest: |
||||||||||||||||||||
|
Interest Collections |
3,661,369.40 | |||||||||||||||||||
|
Repurchased Loan Proceeds Related to Interest |
0.00 | |||||||||||||||||||
|
Total Interest Collections |
3,661,369.40 | |||||||||||||||||||
|
Principal: |
||||||||||||||||||||
|
Principal Collections |
37,428,245.09 | |||||||||||||||||||
|
Repurchased Loan Proceeds Related to Principal |
0.00 | |||||||||||||||||||
|
Total Principal Collections |
37,428,245.09 | |||||||||||||||||||
|
Recoveries of Defaulted Receivables |
334,717.64 | |||||||||||||||||||
|
Total Collections |
41,424,332.13 | |||||||||||||||||||
|
II. COLLATERAL POOL BALANCE DATA |
||||||||||||||||||||
| Number | Amount | |||||||||||||||||||
|
Adjusted Pool Balance - Beginning of Period |
44,464 | 894,379,139.13 | ||||||||||||||||||
|
Total Principal Payment |
34,665,694.15 | |||||||||||||||||||
| 43,676 | 859,713,444.98 | |||||||||||||||||||
Nissan Auto Receivables 2025-B Owner Trust
Servicer's Certificate
|
III. DISTRIBUTIONS |
||||
|
Total Collections |
41,424,332.13 | |||
|
Reserve Account Draw |
0.00 | |||
|
Total Available for Distribution |
41,424,332.13 | |||
|
1. Reimbursement of Advance |
0.00 | |||
|
2. Servicing Fee: |
||||
|
Servicing Fee Due |
794,730.15 | |||
|
Servicing Fee Paid |
794,730.15 | |||
|
Servicing Fee Shortfall |
0.00 | |||
|
3. Interest: |
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|
Class A-1 Notes Monthly Interest |
||||
|
Class A-1 Notes Interest Carryover Shortfall |
0.00 | |||
|
Class A-1 Notes Interest on Interest Carryover Shortfall |
0.00 | |||
|
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 |
||||
|
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 |
684,360.17 | |||
|
Class A-2a Notes Monthly Interest Paid |
684,360.17 | |||
|
Change in Class A-2a Notes Interest Carryover Shortfall |
0.00 | |||
|
Class A-2b Notes Monthly Interest |
||||
|
Class A-2b Notes Interest Carryover Shortfall |
0.00 | |||
|
Class A-2b Notes Interest on Interest Carryover Shortfall |
0.00 | |||
|
Class A-2b Notes Monthly Interest Distributable Amount |
295,386.96 | |||
|
Class A-2b Notes Monthly Interest Paid |
295,386.96 | |||
|
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 |
1,536,150.00 | |||
|
Class A-3 Notes Monthly Interest Paid |
1,536,150.00 | |||
|
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 |
294,465.00 | |||
|
Class A-4 Notes Monthly Interest Paid |
294,465.00 | |||
|
Change in Class A-4 Notes Interest Carryover Shortfall |
0.00 | |||
|
Class B Notes Monthly Interest |
||||
|
Class B Notes Interest Carryover Shortfall |
0.00 | |||
|
Class B Notes Interest on Interest Carryover Shortfall |
0.00 | |||
|
Class B Notes Monthly Interest Distributable Amount |
75,256.67 | |||
|
Class B Notes Monthly Interest Paid |
75,256.67 | |||
|
Change in Class B Notes Interest Carryover Shortfall |
0.00 | |||
Nissan Auto Receivables 2025-B Owner Trust
Servicer's Certificate
|
Total Note Monthly Interest |
||||||||
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Total Note Monthly Interest Paid |
2,885,618.80 | |||||||
|
Total Note Interest Carryover Shortfall |
0.00 | |||||||
|
Change in Total Note Interest Carryover Shortfall |
0.00 | |||||||
|
Total Available for Principal Distribution |
3,078,289.03 | |||||||
|
4. Total Monthly Principal Paid on the Notes |
34,665,694.15 | |||||||
|
Total Noteholders' Principal Carryover Shortfall |
0.00 | |||||||
|
Total Noteholders' Principal Distributable Amount |
34,665,694.15 | |||||||
|
Change in Total Noteholders' Principal Carryover Shortfall |
0.00 | |||||||
|
5. Total Monthly Principal Paid on the Certificates |
0.00 | |||||||
|
Total Certificateholders' Principal Carryover Shortfall |
0.00 | |||||||
|
Total Certificateholders' Principal Distributable Amount |
0.00 | |||||||
|
Change in Total Certificateholders' Principal Carryover Shortfall |
0.00 | |||||||
|
Remaining Available Collections |
3,078,289.03 | |||||||
|
Deposit from Remaining Available Collections to fund Reserve Account |
0.00 | |||||||
|
Remaining Available Collections Released to Certificateholder |
3,078,289.03 | |||||||
|
V. RESERVE ACCOUNT |
||||||||
|
Initial Reserve Account Amount |
3,200,204.81 | |||||||
|
Required Reserve Account Amount |
3,200,204.81 | |||||||
|
Beginning Reserve Account Balance |
3,200,204.81 | |||||||
|
Deposit of Remaining Available Collections |
0.00 | |||||||
|
Ending Reserve Account Balance |
3,200,204.81 | |||||||
|
Required Reserve Account Amount for Next Period |
3,200,204.81 | |||||||
|
VI. POOL STATISTICS |
||||||||
|
Weighted Average Coupon |
4.59 | % | ||||||
|
Weighted Average Remaining Maturity |
42.10 | |||||||
| Amount | Number | |||||||
|
Principal on Defaulted Receivables |
671,019.97 | 26 | ||||||
|
Principal Recoveries of Defaulted Receivables |
334,717.64 | |||||||
|
Monthly Net Losses |
336,302.33 | |||||||
|
Pool Balance at Beginning of Collection Period |
953,676,180.92 | |||||||
|
Net Loss Ratio for Third Preceding Collection Period |
0.13 | % | ||||||
|
Net Loss Ratio for Second Preceding Collection Period |
0.12 | % | ||||||
|
Net Loss Ratio for Preceding Collection Period |
0.37 | % | ||||||
|
Net Loss Ratio for Current Collection Period |
0.42 | % | ||||||
|
Four-Month Average Net Loss Ratio |
0.26 | % | ||||||
|
Cumulative Net Losses for all Periods |
2,152,374.77 | |||||||
Nissan Auto Receivables 2025-B Owner Trust
Servicer's Certificate
| Amount | Number |
% of Receivables (EOP Balance) |
||||||||||
|
Delinquent Receivables: |
||||||||||||
|
31-60 Days Delinquent |
2,477,436.50 | 105 | 0.27 | % | ||||||||
|
61-90 Days Delinquent |
433,794.53 | 17 | 0.05 | % | ||||||||
|
91-120 Days Delinquent |
115,243.11 | 7 | 0.01 | % | ||||||||
|
More than 120 Days |
0.00 | 0 | 0.00 | % | ||||||||
|
Total 31+ Days Delinquent Receivables: |
3,026,474.14 | 129 | 0.33 | % | ||||||||
|
61+ Days Delinquencies as Percentage of Receivables (EOP): |
||||||||||||
|
Delinquency Ratio for Third Preceding Collection Period |
0.07 | % | 0.07 | % | ||||||||
|
Delinquency Ratio for Second Preceding Collection Period |
0.07 | % | 0.08 | % | ||||||||
|
Delinquency Ratio for Preceding Collection Period |
0.07 | % | 0.08 | % | ||||||||
|
Delinquency Ratio for Current Collection Period |
0.06 | % | 0.05 | % | ||||||||
|
Four-Month Average Delinquency Ratio |
0.07 | % | 0.07 | % | ||||||||
|
60 Day Delinquent Receivables |
564,317.65 | |||||||||||
|
Delinquency Percentage |
0.06 | % | ||||||||||
|
Delinquency Trigger |
4.90 | % | ||||||||||
|
Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
|
Principal Balance of Extensions |
1,690,708.39 | |||||||||||
|
Number of Extensions |
70 | |||||||||||
|
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 | |||||||||||
|
2. Have there been any material breaches of representations, warranties or covenants contained in the Receivables? |
NO | |||||||||||
|
3. Has there been an issuance of notes or other securities backed by the Receivables? |
NO | |||||||||||
|
4. Has there been a material change in the underwriting, origination or acquisition of Receivables? |
NO | |||||||||||