<p id=”par-1_55″><a href=”https://www.cheatsheet.com/tag/beyonce/?swcfpc=1″>Beyoncé</a> and <a href=”https://www.cheatsheet.com/tag/jay-z/?swcfpc=1″>Jay-Z</a> are worth a tremendous amount of money, but they’re also spending a great deal of it. The couple reportedly recently took out another mortgage on their Bel Air mansion — one of several homes — and their monthly expenses have gone up. The cost of two mortgages plus property taxes is steep.</p>
<h2 class=”wp-block-heading” id=”h-beyonce-and-jay-z-are-reportedly-paying-a-huge-amount-every-month-for-their-home”>Beyoncé and Jay-Z are reportedly paying a huge amount every month for their home</h2>
<p id=”par-2_50″>In 2017, Beyoncé and Jay-Z bought a sprawling home in Bel Air for $88 million. The 300,000 square foot mansion has eight bedrooms, 11 bathrooms, four swimming pools, and a 15-car garage. This is not their only home in California; in 2023, they bought a <a href=”https://www.cheatsheet.com/news/beyonce-jay-z-malibu-mansion-most-expensive-property-purchase-california-history.html/”>$200 million home</a> in Malibu.</p>
<p id=”par-3_44″>According to <a href=”https://www.dailymail.co.uk/tvshowbiz/article-14907429/jay-z-beyonce-curious-bel-air-mansion.html” target=”_blank” rel=”noreferrer noopener”>The Daily Mail</a>, the couple borrowed $52.8 million to purchase the Bel Air home. In 2021, they refinanced it for the same amount. They reportedly have recently taken out another $57.75 million mortgage, pushing up their total borrowing amount to $110 million.</p>
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<blockquote class=”twitter-tweet” data-width=”550″ data-dnt=”true”><p lang=”en” dir=”ltr”>EXCLUSIVE: Beyoncé and Jay Z put in $120 million bid for sprawling Bel Air mansion <a href=”https://t.co/qkk8Gto1NG”>https://t.co/qkk8Gto1NG</a> <a href=”https://t.co/yvJDFi5ouZ”>pic.twitter.com/yvJDFi5ouZ</a></p>— Page Six (@PageSix) <a href=”https://twitter.com/PageSix/status/856693683961331713?ref_src=twsrc%5Etfw”>April 25, 2017</a></blockquote><script async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″></script>
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<p id=”par-4_36″>They reportedly pay $226,901 per month, and will add $310,000 per month with the second mortgage. The property taxes on the home are roughly $100,343. This means that, every month, they spend $637,244 on the house.</p>
<p id=”par-5_20″>Outside of their two California homes, Beyoncé and Jay-Z have also owned homes in New York, <a href=”https://www.cheatsheet.com/news/beyonce-jay-z-selling-spanish-baroque-style-new-orleans-property-4-45-million.html/”>New Orleans</a>, and Miami.</p>