Stars -- they're just like us! Jay-Z and Beyoncé take out conventional mortgage on $88M Bel Air home
2017-08-22 — therealdeal.com
``Power couple Jay-Z and Beyoncé took out a conventional mortgage to help finance their new Bel Air spec mansion -- amounting to an unconventional $52.8 million. The amount equates to 30 years of monthly payments at $252,075, based on an interest rate of 4 percent, the Los Angeles Times reported... The couple, through blind trusts, paid $88 million total for their 30,000-square-foot compound...''
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