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The flip side to remember though, and something to strongly consider, is that the interest you pay is tax deductable. That's a great advantage even though you're not paying the principal down that much at the beginning.
That alone shouldn't be the tipping point for buying, but it's something to consider as part of the overall package.
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It's probably not going to be that big of an impact to OP because of a relatively low tax bracket. That tax benefit is
at risk in a way that may help OP however.
I would add my advice but without a helluva lot more details, I really can't.