JLo and Ben Affleck's financial move: $20 million mortgage on Beverly Hills dream home

Jennifer Lopez and Ben Affleck have taken a $20 million mortgage on their $61 million Beverly Hills mansion.

Initially, it was believed they bought the property in May for $60.85 million in cash.

The couple has reevaluated their financial strategy and opted for a 30-year home loan, according to contracts signed in August.

Their mansion, the 'Wallingford Estate,' is a massive 46,000 square-foot property with 12 bedrooms, 24 bathrooms, and parking for 92 cars.

The purchase was made through a trust fund linked to their business managers, Gary Kress and Brian Murphy.

The mortgage includes interest-only payments at 5.5 percent for the first six years and no principal and interest repayment until November 2033.

They secured the estate for nearly $15 million less than the original asking price of $75 million.

The property features a gym, basketball and pickleball courts, a boxing ring, sports lounge, bar, salon, theater, wine cellar, whiskey lounge, sauna, massage rooms, and a zero-edge pool.


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