<prompt> Human: I live in Texas. 26 Years old. My SO is 22. I make 46kyr and my SO is making 15-20k. In 2 years, this will be around 50K graduates nursing school. I understand we cannot assume her salary for now, so lets just take the 60k per year that we have combined.x200B;The house we are looking for is the one we are living in now and will be sold to us for 118,000. We can put anywhere from 5-7k down for the house. Both of our credit scores are over 750. The lending officer we talked to said to do a 3.5 down, 30 year, fixed rate mortgage. Is this a terrible idea? What are some things we may be overlooking when it comes to being a first time home buyer?  <response>: Regardless of your finances - do not under any circumstances buy a home with someone you are not married to. 