We Calculate the Monthly Payment on Calvin Harris’ New $7 Million Mansion

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What do you do when your songs have topped charts all over the world and you’ve earned bucket loads of cash? If you’re Scottish DJ/producer/singer Calvin Harris, you plunk down your hard-earned dough on a sexy, multimillion dollar home in the Hollywood Hills. TMZ is reporting that Harris spent $7 million for the abode, featuring 4 bedrooms, 7 baths, infinity edge pool, chef’s kitchen, home theater, built-in fire pit lounge, floor-to-ceiling windows, plus panoramic L.A. views. Harris, whose real name is Adam Wiles, reportedly put down around $2.1 million upfront, mortgaging $4.9 million on the property. According to our estimates, with a 30-year mortgage at 5 percent Harris is left with a measly monthly payment of around $18,564.92. Pssht, that’s only a fraction of what he gets paid for one of his DJ sets and he’ll still have cash on hand to build a proper studio and do a bit of customizing. Even better is that traveling to his regular gigs at Hakkasan Las Vegas at MGM Grand will be a breeze (Europe? Not so much). Here’s looking forward to what’ll no doubt be a great movie-in party.

Darren Ressler

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