Adele is going all out for her and boyfriend Rich Paul as reports say she’s coughed out $38 million on a new $58 million LA home she’s going to share with Rich. Adele will pay a whopping $200,000 each month.
The Daily Mail got details;
Adele has taken out a massive $37.7million mortgage on the luxury Los Angeles mansion she bought from Sylvester Stallone for $58million in February, DailyMail.com can reveal.
The eight-bedroom, 12-bathroom home in the exclusive Beverly Park area is saddled with a massive home loan for the next 30 years, according to the deed of trust.
It is estimated Adele is paying $227,000 per month – including property taxes and an assumed five percent interest rate – which is a big sum even for the singer, whose net worth is estimated at $183million.
The 34-year-old may now be more eager than ever to get her postponed Las Vegas show up and running in November at The Colosseum, in Caesar’s Palace. She will reportedly be earn $1million per show – which would no doubt help with those hefty payments.
In May, Adele confirmed she and boyfriend Rich Paul moved in together after a year of dating by sharing a snap of them outside her new home.
The singer shared a series of loved-up snaps of the couple, including one where they both held up the keys to their abode.
In January, Adele tearfully told her fans in a video that her highly-anticipated Las Vegas residency was canceled just 24 hours before she was set to hit the stage at Caesar’s Palace.
But just last month, she announced its return and she told her fans she was desperate to make the concerts happen.
‘Words can’t explain how ecstatic I am to finally be able to announce these rescheduled shows. I truly was heartbroken to have to cancel them,’ she said.
‘But after what feels like an eternity of figuring out logistics for the show that I really want to deliver, and knowing it can happen, I’m more excited than ever!’
I hope she gets to keep the Rocky memorabilia.
Flip to the next page for the pictures of Adele and Rich Paul’s new home and the mortgage loan docs…