Congrats. we've been moved into our second home now for a few months.
sure, its a LOT of debt to rack up, but really, you were going to spend all that money on rent or a mortgage...at least a the end of the day you're going ot have something to show for it. Rent is just throwing away money in a lotta ways.
we only lived at the first house for 6.5 years, and even after paying their closing costs, $800 towards electrical repairs, and installing new windows 2 years ago, I still made $2,500 on top of covering the cost of those new windows.
My advice...pay extra on the principle whenever you can. Even $100 a month will add up to a full payment or two per year on the principle which will cut back the interest paid by an appreciable amount.