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Jay-Z and Beyonce Spending $252K Per Month on Mortgage

Phil Hall
Aug 23, 2017
Music industry power couple Jay-Z and Beyonce have taken extravagance to a new level

Music industry power couple Jay-Z and Beyonce have taken extravagance to a new level: The mortgage payments on their new Bel Air home is roughly a quarter-million dollars per month.
 
The Los Angeles Times reports that the couple purchased an $88 million Los Angeles home with a $52.8 million mortgage. If the hip-hop superstars took out a standard 30-year mortgage with a four percent interest rate, their monthly mortgage payment comes to about $252,075.
 
The home in question covers 30,000-square feet and includes four swimming pools and a spa. The home purchase is, to date, the highest sale in Los Angeles County.

 
Published
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