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Offer accepted on a townhouse

Just got my offer accepted and a lot of emotions are running through my body. I've been looking for a place for 1-2 years now in one of the most expensive places in the US.

Right now, I'm mostly nervous about the $4200 monthly mortgage payment (includes property tax, HOA). I currently make 165k or 189k after annual bonus.

I plan on renting out a room or two to help with mortgage. My worry is if I don't find a compatible roommate, I'd have to manage the mortgage alone. After taxes, 401k contributions, and mortgage, insurance , I'd have ~2600 left. This will go towards bills like electricity, water, internet etc.

Were you nervous at first? What are some things a first time home owner should know? Or you wish you knew?

Thanks all. This sub has been amazing 🙏

submitted by /u/Yupchillin
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source https://www.reddit.com/r/RealEstate/comments/15yycnj/offer_accepted_on_a_townhouse/
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