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Beyonc and JAY-Z purchased their first L.A. home and now have a huge mortgage to pay. They paid $88 million for the house and landed a $52.8 million-mortgage which will amount to a monthly mortgage payment of $252,075 for 30 years. The two are officially making the move from New York City to Los Angeles and paying big.
Start by listing your debts and working out the priorities. They should be your mortgage, secured loans, rent, council tax, utility bills, tax etc. These have to be dealt with before credit or store.
Jay-Z and Beyonc land a $52.8-million mortgage for Bel-Air mansion – Jay-Z and Beyonc may be worth more than a billion dollars combined, but the couple ultimately used conventional financing in order to purchase their first Los Angeles-area home.
This communication is directed to properties in those states. Beyonce and Jay Z drop $88m on enormous Bel Air mansion. thanks to a $52m mortgage.. Jay-Z and Beyonc land a $52.8-million mortgage for Bel-Air mansion – LA Times.