Ford Credit Auto Owner Trust 2025-B
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 13 | |
Additional information about the structure, cashflows, defined terms and parties for this transaction can be found in the prospectus, available on the SEC website (http://www.sec.gov) under the registration number 333-281130 and at https://www.ford.com/finance/investor-center/asset-backed-securitization.
I. ORIGINAL DEAL PARAMETERS
| | | | | | | | | | | | | | | | | |
| Dollar Amount | | # of Receivables | | Weighted Avg Remaining Term at Cutoff |
| Initial Pool Balance | $ | 1,645,740,999.46 | | | 43,700 | | 55.3 months |
| | | | | |
| Dollar Amount | | Note Interest Rate | | Final Scheduled Payment Date |
| Original Securities | | | | | |
| Class A-1 Notes | $ | 320,400,000.00 | | | 4.057 | % | | October 15, 2026 |
| Class A-2a Notes | $ | 325,000,000.00 | | | 3.88 | % | | June 15, 2028 |
| Class A-2b Notes | $ | 217,400,000.00 | | | 3.94850 | % | * | June 15, 2028 |
| Class A-3 Notes | $ | 542,400,000.00 | | | 3.91 | % | | April 15, 2030 |
| Class A-4 Notes | $ | 94,800,000.00 | | | 3.95 | % | | July 15, 2031 |
| Class B Notes | $ | 47,370,000.00 | | | 4.24 | % | | July 15, 2031 |
| Class C Notes | $ | 31,570,000.00 | | | 0.00 | % | | March 15, 2033 |
| Total | $ | 1,578,940,000.00 | | | | | |
| | | * 30-day average SOFR + 0.30% |
II. AVAILABLE FUNDS
| | | | | |
| Interest: | |
| Interest Collections | $ | 4,753,599.24 | |
| |
| Principal: | |
| Principal Collections | $ | 26,009,914.46 | |
| Prepayments in Full | $ | 14,700,020.34 | |
| Liquidation Proceeds | $ | 557,600.91 | |
| Recoveries | $ | 18,664.91 | |
| Sub Total | $ | 41,286,200.62 | |
| Collections | $ | 46,039,799.86 | |
| |
| Purchase Amounts: | |
| Purchase Amounts Related to Principal | $ | 91,589.76 | |
| Purchase Amounts Related to Interest | $ | 725.32 | |
| Sub Total | $ | 92,315.08 | |
| |
| Clean-up Call | $ | 0.00 | |
| |
| Reserve Account Draw Amount | $ | 0.00 | |
| |
| Available Funds - Total | $ | 46,132,114.94 | |
Ford Credit Auto Owner Trust 2025-B
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 13 | |
III. DISTRIBUTIONS
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Calculated Amount | | Amount Paid | | Shortfall | | Carryover Shortfall | | Remaining Available Funds |
| Trustee and Other Fees/Expenses | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 46,132,114.94 | |
| Servicing Fee | $ | 891,329.79 | | | $ | 891,329.79 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 45,240,785.15 | |
| Interest - Class A-1 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 45,240,785.15 | |
| Interest - Class A-2a Notes | $ | 546,393.44 | | | $ | 546,393.44 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 44,694,391.71 | |
| Interest - Class A-2b Notes | $ | 371,947.87 | | | $ | 371,947.87 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 44,322,443.84 | |
| Interest - Class A-3 Notes | $ | 1,767,320.00 | | | $ | 1,767,320.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 42,555,123.84 | |
| Interest - Class A-4 Notes | $ | 312,050.00 | | | $ | 312,050.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 42,243,073.84 | |
| First Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 42,243,073.84 | |
| Interest - Class B Notes | $ | 167,374.00 | | | $ | 167,374.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 42,075,699.84 | |
| Second Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 42,075,699.84 | |
| Interest - Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 42,075,699.84 | |
| Reserve Account Deposit | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 42,075,699.84 | |
| Regular Principal Payment | $ | 40,034,870.53 | | | $ | 40,034,870.53 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 2,040,829.31 | |
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 2,040,829.31 | |
| Residual Released to Depositor | $ | 0.00 | | | $ | 2,040,829.31 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | | | $ | 46,132,114.94 | | | | | | | |
| | | | | | | | | |
| Principal Payment: | | | | | | | | | |
| First Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Second Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Regular Principal Payment | | | | | | | | | $ | 40,034,870.53 | |
| Total | | | | | | | | | $ | 40,034,870.53 | |
| | | | | | | | | |
IV. NOTEHOLDER PAYMENTS
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Noteholder Principal Payments | | Noteholder Interest Payments | | Total Payment |
| | | Per $1,000 of | | | | Per $1,000 of | | | | Per $1,000 of |
| Actual | | Original Balance | | Actual | | Original Balance | | Actual | | Original Balance |
| Class A-1 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Class A-2a Notes | $ | 23,988,445.65 | | | $ | 73.81 | | | $ | 546,393.44 | | | $ | 1.68 | | | $ | 24,534,839.09 | | | $ | 75.49 | |
| Class A-2b Notes | $ | 16,046,424.88 | | | $ | 73.81 | | | $ | 371,947.87 | | | $ | 1.71 | | | $ | 16,418,372.75 | | | $ | 75.52 | |
| Class A-3 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 1,767,320.00 | | | $ | 3.26 | | | $ | 1,767,320.00 | | | $ | 3.26 | |
| Class A-4 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 312,050.00 | | | $ | 3.29 | | | $ | 312,050.00 | | | $ | 3.29 | |
| Class B Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 167,374.00 | | | $ | 3.53 | | | $ | 167,374.00 | | | $ | 3.53 | |
| Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | $ | 40,034,870.53 | | | $ | 25.36 | | | $ | 3,165,085.31 | | | $ | 2.00 | | | $ | 43,199,955.84 | | | $ | 27.36 | |
| | | | | | | | | | | |
Ford Credit Auto Owner Trust 2025-B
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 13 | |
V. NOTE BALANCE AND POOL INFORMATION
| | | | | | | | | | | | | | | | | | | | | | | |
| Beginning of Period | | End of Period |
| Balance | | Note Factor | | Balance | | Note Factor |
| Class A-1 Notes | $ | 0.00 | | | 0.0000000 | | $ | 0.00 | | | 0.0000000 |
| Class A-2a Notes | $ | 168,987,663.19 | | | 0.5199620 | | $ | 144,999,217.54 | | | 0.4461514 |
| Class A-2b Notes | $ | 113,039,747.62 | | | 0.5199620 | | $ | 96,993,322.74 | | | 0.4461514 |
| Class A-3 Notes | $ | 542,400,000.00 | | | 1.0000000 | | $ | 542,400,000.00 | | | 1.0000000 |
| Class A-4 Notes | $ | 94,800,000.00 | | | 1.0000000 | | $ | 94,800,000.00 | | | 1.0000000 |
| Class B Notes | $ | 47,370,000.00 | | | 1.0000000 | | $ | 47,370,000.00 | | | 1.0000000 |
| Class C Notes | $ | 31,570,000.00 | | | 1.0000000 | | $ | 31,570,000.00 | | | 1.0000000 |
| Total | $ | 998,167,410.81 | | | 0.6321756 | | $ | 958,132,540.28 | | | 0.6068201 |
| | | | | | | | | | | |
| Pool Information | | | |
| Weighted Average APR | 5.345 | % | | 5.354 | % |
| Weighted Average Remaining Term | 46.36 | | 45.61 |
| Number of Receivables Outstanding | 33,266 | | 32,395 |
| Pool Balance | $ | 1,069,595,751.48 | | | $ | 1,027,698,068.66 | |
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 1,029,746,382.68 | | | $ | 989,711,512.15 | |
| Pool Factor | 0.6499174 | | 0.6244592 |
| | | |
VI. OVERCOLLATERALIZATION INFORMATION
| | | | | |
| Specified Reserve Balance | $ | 3,947,371.48 | |
| Yield Supplement Overcollateralization Amount | $ | 37,986,556.51 | |
| Targeted Overcollateralization Amount | $ | 69,565,528.38 | |
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 69,565,528.38 | |
| |
VII. RECONCILIATION OF RESERVE ACCOUNT
| | | | | |
| Beginning Reserve Account Balance | $ | 3,947,371.48 | |
| Reserve Account Deposits Made | $ | 0.00 | |
| Reserve Account Draw Amount | $ | 0.00 | |
| Ending Reserve Account Balance | $ | 3,947,371.48 | |
| Change in Reserve Account Balance | $ | 0.00 | |
| Specified Reserve Balance | $ | 3,947,371.48 | |
| |
Ford Credit Auto Owner Trust 2025-B
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 13 | |
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| | | | | | | | | | | | | | | | | |
| | | # of Receivables | | Amount |
| Current Collection Period Loss: | | | | | |
| Realized Loss (Charge-Offs) | | | 66 | | $ | 538,557.35 | |
| (Recoveries) | | | 18 | | $ | 18,664.91 | |
| Net Loss for Current Collection Period | | | | | $ | 519,892.44 | |
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | | | | | 0.5833 | % |
| | | | | |
| Prior and Current Collection Periods Average Loss: | | | | | |
| | | | | |
| Ratio of Net Loss to the Average Pool Balance (annualized) | | | | | |
| Third Prior Collection Period | | | | | 0.5981 | % |
| Second Prior Collection Period | | 0.7796 | % |
| Prior Collection Period | | | | | 0.0510 | % |
| Current Collection Period | | | | | 0.5949 | % |
| Four Month Average (Current and Prior Three Collection Periods) | | | | | 0.5059 | % |
| | | | | |
| Cumulative Loss: | | | | | |
| Cumulative Realized Loss (Charge-Offs) | | | 808 | | $ | 3,973,194.70 | |
| (Cumulative Recoveries) | | | | | $ | 206,930.29 | |
| Cumulative Net Loss for All Collection Periods | | | | | $ | 3,766,264.41 | |
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | | | | 0.2288 | % |
| | | | | |
| Average Realized Loss for Receivables that have experienced a Realized Loss | | | | | $ | 4,917.32 | |
| Average Net Loss for Receivables that have experienced a Realized Loss | | | | | $ | 4,661.22 | |
| | | | | |
| % of EOP Pool Balance | | # of Receivables | | Amount |
| Delinquent Receivables: | | | | | |
| 31-60 Days Delinquent | 0.98 | % | | 248 | | $ | 10,051,220.83 | |
| 61-90 Days Delinquent | 0.17 | % | | 42 | | $ | 1,796,963.86 | |
| 91-120 Days Delinquent | 0.03 | % | | 7 | | $ | 303,157.66 | |
| Over 120 Days Delinquent | 0.01 | % | | 3 | | $ | 147,226.24 | |
| Total Delinquent Receivables | 1.20 | % | | 300 | | $ | 12,298,568.59 | |
|
| Repossession Inventory: | | | | | |
| Repossessed in the Current Collection Period | | | 12 | | $ | 482,087.85 | |
| Total Repossessed Inventory | | | 30 | | $ | 1,259,038.76 | |
| | | | | |
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | | |
| Second Prior Collection Period | | | | | 0.1230 | % |
| Prior Collection Period | | | | | 0.1774 | % |
| Current Collection Period | | | | | 0.1605 | % |
| Three Month Average | | | | | 0.1536 | % |
| | | | | |
| Delinquency Trigger (61+ Delinquent Receivables) | | | | | |
| Transaction Month | Trigger | | | | |
| 1-12 | 0.80% | | | | |
| 13-24 | 1.30% | | | | |
| 25-36 | 2.40% | | | | |
| 37+ | 4.55% | | | | |
| 61+ Delinquent Receivables Balance to EOP Pool Balance | | | | | 0.2187 | % |
| Delinquency Trigger Occurred | | | | | No |
Ford Credit Auto Owner Trust 2025-B
Monthly Investor Report
| | | | | |
| Collection Period | September 2026 |
| Payment Date | 10/15/2026 |
| Transaction Month | 13 | |
| | | | | | | | | | | | | | |
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount |
| | | | |
| 1 Month Extended | | | 77 | $3,297,688.01 | |
| 2 Months Extended | | | 109 | $4,845,448.86 | |
| 3+ Months Extended | | | 31 | $1,423,159.05 | |
| | | | |
| Total Receivables Extended | 217 | $9,566,295.92 | |
IX. REPURCHASE DEMAND ACTIVITY (RULE 15Ga-1)
| | |
| No Activity to report |
|
| Most Recent Form ABS-15G for repurchase demand activity |
|
| Filed by: Ford Motor Credit Company LLC |
| CIK#: 0000038009 |
| Date: February 6, 2026 |
|
X. FLOATING RATE BENCHMARK: BENCHMARK TRANSITION
| | | | | |
| Benchmark Transition Event: | N/A |
| |
| Benchmark Replacement Date: | N/A |
| |
| Unadjusted Benchmark Replacement: | N/A |
| |
| Benchmark Replacement Adjustment: | N/A |
| |
| Benchmark Replacement Conforming Changes: | N/A |
| |
SERVICER CERTIFICATION
THIS REPORT IS ACCURATE IN ALL MATERIAL RESPECTS.
Ford Motor Credit Company LLC
/s/ Ryan M. Hershberger
Assistant Treasurer