i was thinking about buying a house at the beginning of the year, its this one here:

http://www.realtor.com/mortgage/RatesTable.aspx?lid=1104112102&lntype=F&dper=5&loanterm=30&pts=Zero&isIO=N&ref=listingdetail&hiloanamount=54500&source=web

and i was thinking about getting a first time home buyer loan but i don’t quite know how they work. by the conditions listed i know me and my gf qualify but how does that work with actually buying the house? would that push the monthly mortgage up or is it a grant? would i have to get the loan for the house at the same bank i get the first time buyer loan? and being that i’m getting the first time loan that supposed to cover down payment and closing costs, would i have to pay anything out of my own pocket or will the bank tell me that?

here is the first time buyer program for my state:

http://www.nchfa.com/Homebuyers/HBeligible.aspx

any help is greatly appreciated.
how will that be out of my pocket if the first time home buyer program offers up to 8000 "Down Payment Assistance" if thats not what it means then what is it for?

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