noodls browser compatibility check

The security settings of your browser are blocking the execution of scripts.

To use noodls, javascript support must be enabled. Please change your browser's security settings to enable javascript.

If you have changed your browser's security settings, you can click here.

related announcements

Finance

Company News

Nissan Auto Receivables 2021-A Owner Trust

03/28/2024 | Press release | Distributed by Public on 03/28/2024 08:53

Asset-Backed Issuer Distribution Report - Form 10-D

Nissan Auto Receivables 2021-A Owner Trust

Servicer's Certificate

Collection Period

29-Feb-24

30/360 Days

Collection Period Start

1-Feb-24

Distribution Date

15-Mar-24

Actual/360 Days

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			1,113,826,202.14				296,027,407.57			280,659,141.14			0.269433
Yield Supplement Overcollaterization			72,159,533.65				10,360,752.68			9,543,903.05
Total Adjusted Pool Balance			1,041,666,668.49				285,666,654.89			271,115,238.09
Total Adjusted Securities			1,041,666,668.49				285,666,654.89			271,115,238.09			0.260271
Class A-1 Notes		0.05908	%			172,000,000.00			0.00			0.00		0.000000
Class A-2a Notes		0.16000	%			356,500,000.00			0.00			0.00		0.000000
Class A-2b Notes		0.00000	%			0.00			0.00			0.00		0.000000
Class A-3 Notes		0.33000	%			356,500,000.00			128,999,986.40			114,448,569.60		0.321034
Class A-4 Notes		0.57000	%			115,000,000.00			115,000,000.00			115,000,000.00		1.000000
Certificates		0.00000	%			41,666,668.49			41,666,668.49			41,666,668.49		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		14,551,416.80				35,475.00			40.8174384			0.0995091
Class A-4 Notes		0.00				54,625.00			-			0.4750000
Certificates		0.00				0.00			-			-

Total Securities		14,551,416.80				90,100.00


I. COLLECTIONS

Interest:
Interest Collections					346,692.11
Repurchased Loan Proceeds Related to Interest				0.00

Total Interest Collections					346,692.11
Principal:
Principal Collections					15,286,030.43
Repurchased Loan Proceeds Related to Principal				0.00

Total Principal Collections					15,286,030.43
Recoveries of Defaulted Receivables					117,288.07

Total Collections					15,750,010.61


II. COLLATERAL POOL BALANCE DATA

							Number		Amount
Adjusted Pool Balance - Beginning of Period				26,988				285,666,654.89
Total Principal Payment					14,551,416.80

			26,522				271,115,238.09

Nissan Auto Receivables 2021-A Owner Trust

Servicer's Certificate


III. DISTRIBUTIONS

Total Collections			15,750,010.61
Reserve Account Draw			0.00
Total Available for Distribution			15,750,010.61
1. Reimbursement of Advance			0.00
2. Servicing Fee:
Servicing Fee Due			246,689.51
Servicing Fee Paid			246,689.51
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			35,475.00
Class A-3 Notes Monthly Interest Paid			35,475.00
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			54,625.00
Class A-4 Notes Monthly Interest Paid			54,625.00
Change in Class A-4 Notes Interest Carryover Shortfall			0.00

Nissan Auto Receivables 2021-A Owner Trust

Servicer's Certificate


Total Note Monthly Interest
Total Note Monthly Interest Due			90,100.00
Total Note Monthly Interest Paid			90,100.00
Total Note Interest Carryover Shortfall			0.00
Change in Total Note Interest Carryover Shortfall			0.00
Total Available for Principal Distribution			15,413,221.10
4. Total Monthly Principal Paid on the Notes			14,551,416.80
Total Noteholders' Principal Carryover Shortfall			0.00
Total Noteholders' Principal Distributable Amount			14,551,416.80
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			861,804.30
Deposit from Remaining Available Collections to fund Reserve Account			0.00
Remaining Available Collections Released to Certificateholder			861,804.30

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			1.44	%
Weighted Average Remaining Maturity			26.37

	Amount			Number
Principal on Defaulted Receivables		82,236.00			9
Principal Recoveries of Defaulted Receivables		117,288.07

Monthly Net Losses		(35,052.07	)
Pool Balance at Beginning of Collection Period		296,027,407.57
Net Loss Ratio for Third Preceding Collection Period		0.23	%
Net Loss Ratio for Second Preceding Collection Period		0.40	%
Net Loss Ratio for Preceding Collection Period		0.03	%
Net Loss Ratio for Current Collection Period		-0.14	%
Four-Month Average Net Loss Ratio		0.13	%
Cumulative Net Losses for all Periods		2,449,458.64

Nissan Auto Receivables 2021-A Owner Trust

Servicer's Certificate


	Amount			Number		% of Receivables (EOP Balance)
Delinquent Receivables:
31-60 Days Delinquent		1,992,556.40			144		0.71	%
61-90 Days Delinquent		260,599.28			16		0.09	%
91-120 Days Delinquent		69,242.77			6		0.02	%
More than 120 Days		0.00			0		0.00	%

Total 31+ Days Delinquent Receivables:		2,322,398.45			166		0.83	%
61+ Days Delinquencies as Percentage of Receivables (EOP):
Delinquency Ratio for Third Preceding Collection Period		0.19	%		0.14	%
Delinquency Ratio for Second Preceding Collection Period		0.18	%		0.15	%
Delinquency Ratio for Preceding Collection Period		0.15	%		0.12	%
Delinquency Ratio for Current Collection Period		0.12	%		0.08	%
Four-Month Average Delinquency Ratio		0.16	%		0.12	%
60 Day Delinquent Receivables		386,753.49
Delinquency Percentage		0.14	%
Delinquency Trigger		4.90	%
Does the Delinquency Percentage exceed the Delinquency Trigger?		No
Principal Balance of Extensions		1,017,878.66
Number of Extensions		73

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

Sharing and Personal Tools

Please select the service you want to use:

Back

View original format