Exhibit 99.1
SERVICER’S CERTIFICATE
AMERICAN HONDA FINANCE CORPORATION
MONTHLY SERVICER REPORT -- Honda Auto Receivables 2024-1 Owner Trust |
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Collection Period: May 1, 2026 through May 31, 2026 |
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Deal Age |
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28 |
Determination Date: 06/10/2026 |
Actual/360 Days |
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31 |
Record Date: 06/14/2026 |
30/360 Days |
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30 |
Payment Date: 06/15/2026 |
ORIGINAL DEAL PARAMETERS
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Dollar Amount |
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Number of Receivables |
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Total Portfolio Balance |
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$ |
2,159,245,264.72 |
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92,413 |
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Accrual Basis |
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Dollar Amount |
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% of Pool |
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Interest Rate |
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Final Scheduled |
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Class A-1 Notes |
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Actual/360 |
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$ |
517,000,000.00 |
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23.94 |
% |
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5.524 |
% |
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February 18, 2025 |
Class A-2 Notes |
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30/360 |
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$ |
688,800,000.00 |
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31.90 |
% |
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5.360 |
% |
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September 15, 2026 |
Class A-3 Notes |
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30/360 |
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$ |
767,800,000.00 |
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35.56 |
% |
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5.210 |
% |
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August 15, 2028 |
Class A-4 Notes |
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30/360 |
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$ |
131,664,000.00 |
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6.10 |
% |
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5.170 |
% |
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May 15, 2030 |
Certificates |
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30/360 |
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$ |
53,981,264.72 |
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2.50 |
% |
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0.000 |
% |
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Total Securities Balance |
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$ |
2,159,245,264.72 |
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Total Note Balance |
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$ |
2,105,264,000.00 |
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Reserve Account Initial Deposit |
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$ |
5,398,113.16 |
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Yield Supplement Account Deposit |
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$ |
176,070,759.94 |
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COLLECTIONS
Interest Collections |
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Simple Interest Collections |
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$ |
2,451,158.26 |
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Interest Related to Repurchased Receivables |
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$ |
0.00 |
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Interest Advance for simple Interest - Net * |
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$ |
0.00 |
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Total Interest Collections |
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$ |
2,451,158.26 |
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* Advances are reimbursed (including outstanding advances of $0.00): |
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(i) from subsequent payments, liquidation proceeds and servicer repurchase payments in respect of the related obligor, and |
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(ii) to the extent amounts in clause (i) are insufficient, generally from interest (with respect to interest advances). |
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Principal Collections |
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Principal Collections |
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$ |
26,486,565.01 |
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Prepayments in Full |
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$ |
9,811,116.82 |
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Liquidation Proceeds |
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$ |
142,179.35 |
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Principal Related to Repurchased Receivables |
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$ |
0.00 |
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Recoveries from Prior Month Charge Offs |
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$ |
66,782.38 |
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Total Principal Collections |
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$ |
36,506,643.56 |
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Total Interest and Principal Collections |
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$ |
38,957,801.82 |
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Yield Supplement Deposit |
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$ |
2,197,827.18 |
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Collection Account Investment Earnings |
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$ |
0.00 |
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Total Available Amount |
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$ |
41,155,629.00 |
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