Kim Kardashian reportedly took out a $48.7 million mortgage to purchase the $70.4 million seaside mansion she bought in Malibu last fall, and used Brittany Spears’ under-fire ex-manager to handle the deal.

The socialite, 42, borrowed the funds from investment bank BNY Mellon, which offers customized mega-mortgages for ultra-wealthy clients, for the sale that closed on September 12, according to documents reported by the US Sun.

It’s unclear what kind of terms Kardashian may have gotten on her mortgage, but for the week of the sale, the national average rate on 30-year fixed mortgages with jumbo balances was 5.56% according to the Mortgage Bankers Association.

That loan structure and rate would equate to monthly mortgage payments of more than $278,000, even before taxes and insurance — although the payments could also be much higher or lower under different terms.

The stunning home, which supermodel Cindy Crawford and her husband Rande Gerber use to own, has four bedrooms and five-and-a-half bathrooms inside more than 7,000 square feet.

The clifftop mansion is about 14 miles away from the home Kardashian’s ex-husband Kanye West, 45, recently purchased for $57million in the exclusive seaside enclave.

Kim Kardashian reportedly took out a $48.7 million mortgage to purchase the $70.4 million seaside mansion she bought in Malibu last fall, and used Brittany Spears’ under-fire ex-manager to handle the deal

The stunning home, which supermodel Cindy Crawford and her husband Rande Gerber used to own, has four bedrooms and five-and-a-half bathrooms inside more than 7,000 square feet

If Kardashian took out a 30-year fixed loan at prevailing jumbo rates, her monthly payment would be more than $278,000

According to the mortgage documents cited by the Sun, Kardashian appears to still be using Brittany Spears’ under-fire former business manager, Lou Taylor, to assist in real estate transactions.

The corporation used to complete the purchase of the home, Look At God Re LLC, is registered at the same address as Taylor’s management firm, Tri Star Sports and Entertainment Group.

Tri Star came under scrutiny during Spears’ conservatorship legal battle, but the company has strenuously denied the singer’s claims that it mishandled her $60 million fortune during her father Jamie Spears’ 13-year conservatorship.

The Kardashian clan has previously used Taylor and her firm to handle deals, and the report suggests the business relationship has survived despite the allegations from Spears, once a close confidante of Kim’s.

A spokesperson for Kardashian did not immediately respond to a request for comment from DailyMail.com on Friday evening.

The purchase of the Malibu mansion was reportedly in a private off-market transaction, with Jade Mills of Coldwell Banker handling the sale.

Kardashian’s mansion purchase was the sixth most expensive real estate transaction in Southern California for 2022, according to the Los Angeles Times.

The palatial estate once belonged to Vogue model Cindy Crawford, 56, and her husband Rande Gerber, 60, who lived there with kids Kaia and Presley.

The power couple bought it in 2015 and then sold it in 2018 for $45 million to a retired hedge fund manager.

Kim Kardashian and singer Britney Spears, once close friends, are seen at The Beverly Hilton hotel in 2012

According to the mortgage documents cited by the Sun, Kardashian appears to still be using Britney Spears’ under-fire former business manager, Lou Taylor (above), to assist in real estate transactions

Neighbors: Neighbors include: Cindy Crawford, who still owns a piece of vacant property next to the house, Leonardo DiCaprio, singer Neil Diamond, television producer Marcy Carsey, and former Disney CEO Michael Eisner

Previous owners: The palatial estate once belonged to supermodel Cindy Crawford, 56, and her husband Rande Gerber, 60, who bought it in 2015 and then sold it in 2018 for $45 million to a retired hedge fund manager

Privacy: The house is invisible from the street and the property is surrounded by a hedge wall and a towering gate.  A long driveway leads up to the abode which was originally built in 1944

Ocean views: The living room boasts ocean views. The family can enjoy the four bedroom and five-and-a-half bathrooms in the 7,500-square-foot mansion

Gym: Inside there’s a gym where Kim can conduct her daily workouts. The room features a view of the ocean. The doors that open to allow a cooling breeze inside

Where she can pump iron with Khloe: Gym: Inside there’s a gym where Kim can conduct her daily workouts

Land barons: Cindy and Rande seen at their summer lake house; they own several homes in the US

The Mediterranean-style villa was built in 1944 and remodeled in the 1990s and again by Crawford and Gerber in 2016.

The previous owner listed the house for $99.5 million in March and then lowered it to about $90 million.

There were still no takers, so Kardashian and her team were able to snap it up for a little over $70 million, in a sign of deflating valuations in the real estate market over the past year.

The veteran reality show star won’t have to worry about fans trying to sneak a peek inside her beach getaway. The house is invisible from the street and the property is surrounded by a hedge wall and a towering gate.

Behind the walls, the family can enjoy the four bedroom and five-and-a-half bathrooms in the 7,500-square-foot mansion.

Inside there’s a gym where Kardashian can conduct her daily workouts.

A large family room with an open patio looks out on the ocean. The family can gather for meals in the semi-formal dining room which also looks out at the sea.

Outside, they can enjoy roasting marshmallows around the patio fireplace, take shelter from the wind in a cabana and ease the tension from the day in the pool or jacuzzi. Stairs and a winding pathway lead to a private shoreline.

When the kids, North, nine, Saint, six, Chicago, four and Psalm, three, need to work off some energy, their mom can send them to the full-sized tennis court to practice their swings.

Neighbors include: Cindy Crawford, who still owns a piece of vacant property next to the house, Leonardo DiCaprio, singer Neil Diamond, television producer Marcy Carsey, and former Disney CEO Michael Eisner.

Fire pit: The family can have fun roasting marshmallows around the patio fire pit as they enjoy the sunset

Pool: The pool area includes a cabana and fireplace

Tension relief: The large pool can provide exercise and fun time for the kids; there is also a view

A treat: There is also a stand alone Jacuzzi where Cindy posed for many of her social media posts

Tennis court: When the kids, North, nine, Saint, six, Chicago, four and Psalm, three, need to work off some energy, their mom can send them to the full-sized tennis court to practice their swings

So close to the sandy seashore: Stairs and a winding pathway lead to a private shoreline

Beyoncé and Jay-Z top the list of celebrity mortgages after borrowing $52.8MILLION on their $88million Bel Air digs

It’s often said the more you earn, the more you spend, and that certainly seems to be the case with Hollywood’s biggest stars. And while celebrities have fortunes and massive luxury homes most people can only dream about, with them come mortgages that most homeowners couldn’t even fathom. 

DailyMail.com did some digging into public records and can reveal which A-list singers and film stars took out mortgages for their pricey palatial homes. The monthly payments for their multimillion abodes are in the six-figure range.

According to one celebrity wealth expert, it often pays the super-rich to take out a mortgage on a mega home instead of paying for it outright. 

‘It usually comes down to one reason. Typically the investor feels that what they are paying on the mortgage is less than what they can do with that money by investing it,’ Robert Pagliarini, based in Irvine, California told DailyMail.com.

Topping the list for outrageous mortgages are Beyoncé, 41, and Jay-Z, 52, who took out a staggering $53million loan for their current Bel Air property in 2017. The superstar couple are reported to have a combined net worth of $1.8billion. 

Here are the celebrities with colossal mortgages – and others who’ve decided to buy loan-free. 

BEYONCE AND JAY-Z – $52.8MILLION/$226,901 MONTHLY 

The Hollywood power couple paid $88million in August 2017 for a stunning property in Bel Air, which features eight bedrooms, 11 bathrooms, four outdoor swimming pools, and a spa and wellness center.

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Topping the list for outrageous mortgages are Beyoncé, 41, and Jay-Z, 52, who took out a staggering $53million loan for their current Bel Air property in 2017

They borrowed $52.8million to buy the place and refinanced again last year with Goldman Sachs for exactly the same amount at a fixed rate of 3.15 per cent, with repayments working out at an eye-popping $226,901-a-month.

The music duo may still be able to sleep at night, as they’re worth $1.8billion, which means they could afford on paper to buy 20 places like it.

DRAKE – $52.5MILLION/$220,000 MONTHLY

The Canadian rapper, 36, bought his Beverly Hills home from British singer Robbie Williams for a staggering $75million this year in March, seven years after the Take That star purchased the property for $32million.

Drake took out a $52.5million home loan from Bank of America, with mortgage repayments of around $220k-a-month, and an assumed an interest rate of 3 per cent.

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The Canadian rapper, 36, bought his Beverly Hills home from British singer Robbie Williams for a staggering $75million this year in March, seven years after the Take That star purchased the property for $32million

The stunning 24,260 square foot estate sits on Beverly Hills Crest, and has ten bedrooms, 22 bathrooms, a tennis court, swimming pool and is said to be the biggest property in the 90210 zip code.

Other amenities include an eleven car garage, a wine cellar, a gym, a game room, a professional screening room, an elevator, a tennis court, a mosaic tiled pool and an outdoor kitchen.

The Beverly Hills purchase is Drake’s first real estate buy in the Los Angeles market after previously buying up property in his native Canada, including a 50,000 square foot estate in his home town of Toronto.

THE WEEKND – $48.3MILLION/ $203,000 MONTHLY

The Canadian singer, 32, blew an eye-watering $70million on a nine-bedroom Bel Air mansion with 13 bathrooms, an indoor and outdoor pool with waterfall, sports court and cinema in August 2021.

At the time, he initially borrowed $55.2million from the City National Bank in a mortgage deal to rent out the property.

Canadian singer took out a $55.2million mortgage for the $70million nine-bedroom, 13-bathroom, Bel Air mansion he purchased in August 2021

But that arrangement changed in February 2022, according to publicly available records.

The Take My Breath hitmaker – whose real name is Abel Tesfaye – reduced that figure to $48.3million, with his payments amounting to about $203k-a-month, and deciding he wanted to move into the place instead.

Boasting 13 bathrooms, an indoor pool, spa, outdoor pool and waterfall, gym, sports court, and cinema, the 33,000-square foot mansion was previously purchased by Media mogul Reinout Oerlemans and his wife Danielle in June 2015 for $21.4million.

Surrounded by 1.6 acres of garden, the one-of-a-kind property also features a grand stairway entrance at the front.

MARK WAHLBERG – $39.9MILLION

In 2009, the 50-year-old actor splashed out $8.25million on a plot of land in the North Beverly Park area to build his dream home with 12 bedrooms, a pool, library, theater and five-hole golf course.

In April, Wahlberg put the mansion on the market for a cool $87.5million, but then two months later borrowed $39.9million from the Bank of New York Mellon. The property is yet to be sold.

Walhberg, 50, splashed out $8.25million on a plot of land in the North Beverly Park area to build his dream home in 2009

The family compound he built from scratch features an astonishing 12-bedrooms and 20-bathrooms across 30,500 square feet of living space.

It’s not known why Wahlberg needed to raise the funds, but around the same time he took out the home loan, he paid $15.6million and $14.5million for two lots at Las Vegas’s uber-luxury resort community, the Summit Club estate.

ANGELINA JOLIE – $17.15MILLION/ $72,000 MONTHLY

After splitting with Brad Pitt, the Tomb Raider star bought late director Cecil B. DeMille’s Los Feliz mansion for $25million in April 2017, which is saddled with a $17.15million mortgage from Comerica Bank.

Angelina Jolie moved into this $25million Los Feliz mansion after splitting with ex Brad Pitt in April 2017

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It has six bedrooms, ten bathrooms and sits in 2.1 acres of land, here is also a tea room and swimming pool.

But as the 47-year-old is worth $120million according to Forbes, then she can afford the estimated $72,000-a-month repayments.

The film star and her children moved into the sprawling 7,500 square foot home – just a few blocks away from the sprawling family home she once shared with her ex-husband Pitt, 58.

JENNIFER LOPEZ AND BEN AFFLECK – $14MILLION/ $59,000 MONTHLY

Newly-weds Jennifer Lopez and Ben Affleck are planning on moving into the singer’s home next year after it’s been renovated.

While Ben and Jen plan to move into her $28million LA property after it’s renovated, Affleck, 50, does have other financial burdens, including his $12million mortgage on his seven-bedroom Pacific Palisades mansion (pictured) he bought for $19million in April 2018

Lopez, 53, purchased a seven-bed, 13-bath Los Angeles property for $28million in May 2016, borrowing $14million from JP Morgan Chase Bank.

They’ll never have to worry about the $59,000-a-month repayments, being worth $305million between them, according to Forbes.

Although Affleck, 50, does have other financial burdens, as he owns a seven-bedroom mansion in Pacific Palisades, which cost him $19million in April 2018, and has a $12million mortgage with First Republic Bank.

JOHNNY DEPP – $10MILLION

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Johnny Depp splashed out $2.15million for his eight-bedroom, castle-like abode in Los Angeles in 1995

The former Pirates of the Caribbean star has been through the financial mill after admitted to blowing $650million during his career and going through a protracted legal battle with ex Amber Heard.

But he’s kept hold of some of his assets, including his main LA residence, a 1920s-era eight bedroom castle-like abode, which cost $2.15million in 1995.

In March this year, Depp, 59, took out a $10million mortgage with City National Bank, maybe to pay some of his hefty attorney fees.

MEGHAN AND HARRY – $9,522,500/ $40,000 MONTHLY

After leaving the Royal Family in 2020, the Duke and Duchess of Sussex made the move across the pond and settled into a $14.65million Montecito mansion in June that year.

As Meghan, 41, and Harry, 38, have been cut adrift from the royal purse, the pair have had to fend for themselves and took out a huge $9,522,500 mortgage with City National Bank, costing around $40,000 in monthly payments.

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Harry and Meghan’s massive Montecito home was built in 2003. The estate has sweeping lawns, tiered rose gardens, tall Italian cypress trees, blooming lavender, century old olive trees, a tennis court, tea house, children’s cottage and a pool

In August 2020, DailyMail.com obtained a copy of the deed showing the sale of the mansion. The document is dated June 18, but shows the trust the Sussexes set up to buy the sprawling nine-bedroom home was created a month earlier on May 15, 2020, showing their plans to purchase go back at least three months.

Meghan and Harry’s home is known as ‘The Chateau’ and sits on 5.4 acres of land and immaculately clipped hedges border the estate’s stone-pillared entry gates. It boasts nine bedrooms and 16 bathrooms.

Property listings say the home took nearly five years to build and included a library, office, spa with a separate dry and wet sauna, a gym with a stripper pole, game room, arcade, theater, wine cellar and five-car garage.

THE OSBOURNES – $9.427MILLION

Sharon and Ozzy Osbourne bought their stunning Spanish colonial-style home, complete with eight bedrooms, eight bathrooms and a pool, for $11.85million in October 2015.

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Sharon and Ozzy Osbourne put their Los Angeles place on the market for $18million earlier this year after purchasing the property for $11.85million in 2015

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But this past summer, the Black Sabbath frontman, 73, while suffering from Parkinson’s Disease, made the decision with his family to relocate back to their country mansion in Buckinghamshire, England and put their Los Angeles place on the market for $18million.

They need to recoup some money on their American home, as they borrowed $9.427million in June 2020 from City National Bank.

At the time, Ozzy said the family was leaving LA because of California’s high taxes. The couple had resided in Beverly Hills for more than 25 years.

JAMES CORDEN – $8.25MILLION

British comedian James Corden recently took out a $8.25 million mortgage on his Los Angeles mansion, despite his plans to return to the UK next year.

The 44-year-old owns a five-bedroom, eight-bathroom property in the glamorous LA neighborhood of Brentwood.

According to publicly available documents, Corden borrowed $8.25million from the City National Bank, nicknamed ‘Bank of Stars’, in an agreement dated on July 26, 2022. The deed of trust is signed by his Hollywood attorney Jason Sloane.

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British comedian James Corden recently took out a $8.25 million mortgage on his Los Angeles mansion, despite his plans to return to the UK next year

The property, which cost Corden $10million in 2017, is now worth $13.4million, according to real estate site Zillow.

City National Bank offers ‘super jumbo loans’ with discounted deals for those who enjoy a ‘special relationship’ with the bank.

It gained a reputation as the celebs’ preferred bank after it worked with the FBI to advance $240,000 ransom money to Frank Sinatra when his son Frank Jr was kidnapped in 1963, who was released unscathed two days later. Since then, hundreds of movie and music industry players have used its services.

It’s not known why Corden would need the money considering he’s amassed such a large fortune.

Next year, London-born Corden is due to quit the US after an eight-year stint as host of The Late, Late Show, where he’s amassed a $70 million fortune.

NO MORTGAGES

ADELE

In August, DailyMail.com revealed that Adele, 34, had taken out a $37.7million mortgage to buy Sylvester Stallone’s epic eight bed, 12-bath Beverly Park home for $58million six months ago.

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On the right, Adele purchased house No 1 – a four-bedroom, six-bathroom home for $9.5million in 2016. Next to it is her recent $9.95million purchase from Nicole Richie and Joel Madden – both mortgage-free

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In 2019, Adele bought this six-bed $10.65million property, which is opposite the first home she bought in 2016, both mortgage free

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Adele bought Nicole Richie and Joel Madden’s property for $9.95million which includes four bedrooms, four bathrooms, three fireplaces, pool and sport court – but there’s no mortgage on the property

But she’s been more cautious with her other LA purchases.

The singer owns three palatial houses in the the exclusive Beverly Hills suburb of Hidden Valley, close to best pal Jennifer Lawrence and Nicole Kidman – and they’re all completely mortgage free.

She bought her first in 2016 for $9.5million, which has four-bedrooms, six-bathrooms, a pool and summerhouse. After splitting up from ex-husband Simon Konecki in April 2019, Adele scooped up the six-bed property opposite for $10.65million.

She purchased her third pad in May last year from friend Nicole Richie and musician husband Joel Madden for $9,950,000, which is next door to her first place.

KANYE WEST

Billionaire Kanye West, 45, bought a Japanese-inspired $57.25million Malibu property in September 2021 without any help from the bank.

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In September 2021, Kanye West, 45, bought a Japanese-inspired $57.25million Malibu property without any help from the bank

The trendy grey cube was designed by architect Tadao Ando and is meant to be ‘part-house, part sculpture’, with only a few Ando designs being seen throughout the US.

RIHANNA

The superstar singer, 34, bought two places within four months of each other – and didn’t need a mortgage for either.

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paid $13.75m in December 2020 for a seven bedroom Beverly Hills mansion (top) then bought the next-door four-bed property for $10 million in March 2021 (bottom)

Rihanna paid $13.75million in December 2020 for a seven-bedroom Beverly Hills mansion, then bought the four-bed property next-door for $10million in March 2021.

TAYLOR SWIFT 

The mega-loaded country pop singer has her own private jet and property all around the world, so for the 32-year-old to splash out $25million cash on a Beverly Hills mansion was never going to be a problem.

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She bought the iconic estate in September 2015, which was owned by the family of late Hollywood producer Samuel Goldwyn.

ROBBIE WILLIAMS

The former Take That frontman had just banked $75million from flogging his Beverly Crest place to Drake in March, so it was hardly surprising that he paid $49.5million for a new three-house estate in Holmby Hills without a mortgage.