<prompt> Human: Quick run-down of my situation: Im 25 - recently moved to Tulsa after living in NYC for three years. I started a new job here making 50,000 as a consultant Im single, no student loans, no delinquency in credit payments. Ive carried 3 credit cards that are paid off monthly Recently financed a truck for 19,000 put 3000 down which has a monthly payment of 350. This is my first installment loan and its been going well for 4 months. Liquid assets are fairly low. About 5000 between checkingsavings. 1200 with Charles Schwab. Credit score is 706I was pre-approved for a 175,000 mortgage either doing a 30 year conventional or 30 year FHA. With the anticipation negotiating the closing costs in the sale price, I would need 9k to put 5 down. My anticipated monthly costs were presented as:Total 1346Principle: 832Hazard Insurance: 116Taxes: 208MI: 188Im assuming its this high for a combination of reasons credit score, low money down, purchase price. What are my options here? Id like to see this number well below the 1k mark.  <response>: Ummm, buy a cheaper house? Presumably you should be getting 4.25-4.50 or better. If thats the case, then your mortgage isnt the problem; The purchase price is the problem. 