Financials with buying first home
Hello all! I scrolled through the subreddit and this may be different than most posts, but I hope it’s allowed. My and my partner want to buy a home around $350k, we have $30k saved and make around 105k a year. We were approved for a loan of $395k, but wanted to see what we would be realistically paying monthly on a 350k house with 3.5% down. I think the current rate is 6.2% for first time homebuyers with that loan.
Mortgage calculators don’t seem to be accurate, are we realistically able to buy a house for that price? Is anyone in a similar situation willing to share their monthly mortgage?
Thank you all in advance and don’t be afraid to hurt my feelings!