Nissan Auto Receivables 2022-A Owner Trust

03/28/2024 | Press release | Distributed by Public on 03/28/2024 08:51

Asset-Backed Issuer Distribution Report - Form 10-D

Nissan Auto Receivables 2022-A Owner Trust

Servicer's Certificate

Collection Period

29-Feb-24 30/360 Days 30 Collection Period Start 1-Feb-24

Distribution Date

15-Mar-24 Actual/360 Days 29 Collection Period End 29-Feb-24
Prior Month Settlement Date 15-Feb-24
Current Month Settlement Date 15-Mar-24
Coupon Rate Initial Balance Beginning Balance Ending Balance Pool Factor

Pool Balance

1,142,065,005.32 464,011,681.59 442,948,585.46 0.425231

Yield Supplement Overcollaterization

100,398,337.54 26,048,407.17 24,277,010.20

Total Adjusted Pool Balance

1,041,666,667.78 437,963,274.42 418,671,575.26

Total Adjusted Securities

1,041,666,667.78 437,963,274.42 418,671,575.26 0.401925

Class A-1 Notes

0.49597 % 180,000,000.00 0.00 0.00 0.000000

Class A-2a Notes

1.32000 % 365,000,000.00 0.00 0.00 0.000000

Class A-2b Notes

0.00000 % 0.00 0.00 0.00 0.000000

Class A-3 Notes

1.86000 % 365,000,000.00 306,296,606.64 287,004,907.48 0.786315

Class A-4 Notes

2.07000 % 90,000,000.00 90,000,000.00 90,000,000.00 1.000000

Certificates

0.00000 % 41,666,667.78 41,666,667.78 41,666,667.78 1.000000
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

0.00 0.00 -  - 

Class A-2b Notes

0.00 0.00 -  - 

Class A-3 Notes

19,291,699.16 474,759.74 52.8539703 1.3007116

Class A-4 Notes

0.00 155,250.00 -  1.7250000

Certificates

0.00 0.00 -  - 

Total Securities

19,291,699.16 630,009.74

I. COLLECTIONS

Interest:

Interest Collections

520,632.56

Repurchased Loan Proceeds Related to Interest

0.00

Total Interest Collections

520,632.56

Principal:

Principal Collections

20,849,520.50

Repurchased Loan Proceeds Related to Principal

0.00

Total Principal Collections

20,849,520.50

Recoveries of Defaulted Receivables

96,988.91

Total Collections

21,467,141.97

II. COLLATERAL POOL BALANCE DATA

Number Amount

Adjusted Pool Balance - Beginning of Period

34,114 437,963,274.42

Total Principal Payment

19,291,699.16
33,462 418,671,575.26

Nissan Auto Receivables 2022-A Owner Trust

Servicer's Certificate

III. DISTRIBUTIONS

Total Collections

21,467,141.97

Reserve Account Draw

0.00

Total Available for Distribution

21,467,141.97

1. Reimbursement of Advance

0.00

2. Servicing Fee:

Servicing Fee Due

386,676.40

Servicing Fee Paid

386,676.40

Servicing Fee Shortfall

0.00

3. Interest:

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

0.00

Class A-2a Notes Monthly Interest Paid

0.00

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

0.00

Class A-2b Notes Monthly Interest Paid

0.00

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

474,759.74

Class A-3 Notes Monthly Interest Paid

474,759.74

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

155,250.00

Class A-4 Notes Monthly Interest Paid

155,250.00

Change in Class A-4 Notes Interest Carryover Shortfall

0.00

Nissan Auto Receivables 2022-A Owner Trust

Servicer's Certificate

Total Note Monthly Interest

Total Note Monthly Interest Due

630,009.74

Total Note Monthly Interest Paid

630,009.74

Total Note Interest Carryover Shortfall

0.00

Change in Total Note Interest Carryover Shortfall

0.00

Total Available for Principal Distribution

20,450,455.83

4. Total Monthly Principal Paid on the Notes

19,291,699.16

Total Noteholders' Principal Carryover Shortfall

0.00

Total Noteholders' Principal Distributable Amount

19,291,699.16

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

1,158,756.67

Deposit from Remaining Available Collections to fund Reserve Account

0.00

Remaining Available Collections Released to Certificateholder

1,158,756.67

V. RESERVE ACCOUNT

Initial Reserve Account Amount

2,604,166.67

Required Reserve Account Amount

2,604,166.67

Beginning Reserve Account Balance

2,604,166.67

Deposit of Remaining Available Collections

0.00

Ending Reserve Account Balance

2,604,166.67

Required Reserve Account Amount for Next Period

2,604,166.67

VI. POOL STATISTICS

Weighted Average Coupon

1.37 %

Weighted Average Remaining Maturity

33.24
Amount Number

Principal on Defaulted Receivables

213,575.63 12

Principal Recoveries of Defaulted Receivables

96,988.91

Monthly Net Losses

116,586.72

Pool Balance at Beginning of Collection Period

464,011,681.59

Net Loss Ratio for Third Preceding Collection Period

0.19 %

Net Loss Ratio for Second Preceding Collection Period

0.47 %

Net Loss Ratio for Preceding Collection Period

0.24 %

Net Loss Ratio for Current Collection Period

0.30 %

Four-Month Average Net Loss Ratio

0.30 %

Cumulative Net Losses for all Periods

1,977,688.33

Nissan Auto Receivables 2022-A Owner Trust

Servicer's Certificate

Amount Number % of Receivables
(EOP Balance)

Delinquent Receivables:

31-60 Days Delinquent

1,933,726.49 116 0.44 %

61-90 Days Delinquent

417,383.97 23 0.09 %

91-120 Days Delinquent

119,379.71 8 0.03 %

More than 120 Days

0.00 0 0.00 %

Total 31+ Days Delinquent Receivables:

2,470,490.17 147 0.56 %

61+ Days Delinquencies as Percentage of Receivables (EOP):

Delinquency Ratio for Third Preceding Collection Period

0.15 % 0.12 %

Delinquency Ratio for Second Preceding Collection Period

0.13 % 0.11 %

Delinquency Ratio for Preceding Collection Period

0.10 % 0.08 %

Delinquency Ratio for Current Collection Period

0.12 % 0.09 %

Four-Month Average Delinquency Ratio

0.13 % 0.10 %

60 Day Delinquent Receivables

553,094.13

Delinquency Percentage

0.12 %

Delinquency Trigger

4.90 %

Does the Delinquency Percentage exceed the Delinquency Trigger?

No

Principal Balance of Extensions

1,124,536.40

Number of Extensions

62

VII. STATEMENTS TO NOTEHOLDERS

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