My fiance and I currently working on purchasing our first home. We put in our bid last Friday and it was accepted Saturday. Just today our mortgage was approved. So exciting! Our bid is/was $57,700. We got a into a great program at M&T Bank for first time homebuyers and got a5.7% fixed APR. Our closing costs will be $700 ($500 of which we've already paid) and our monthly payment (though we're paying bi-monthly) will be $580. We're so happy. Everythings been going wonderfully. Closing date is March 31! We can't wait!