So far, Beyonce& Jay Z have locked in the most expensive house purchase of the year after locking in a $52.8 million loan. Deets on their luxe Bel Air mansion inside…
The Carters have officially locked down their west coast after years of being outbid.
Collectively, Beyonce and Jay Z are worth a cool 1 billion dollars, but the couple relied on conventional financing in order to purchase their first L.A. home.
According to the LA Times, the Carters copped a mortgage of $52.8 million for their $88 million purchase of a newly built, 30,000-square-foot Bel Air mansion. It’s the most expensive home sale of the year in L.A.
If their calculations are correct, Bey and Jay’s monthly payments will be about $250,000 a month on a 30-year fixed rate. It’s actually a come up for the Carter as they’re reportedly dropping $400,000a month to rent the Malibu mansion they’re currently living in. They'll be saving $150,000 a month.
The Bel Air mansion features six buildings, a spa, a basketball court, 4 swimming pools, bullet proof windows and doors, and a 15-car garage. Damn! Peep a pic of their property here.
It's expensive AF to live in the lap of luxury in L.A. these days.