Like everyone says it depends on a bunch of things. As a first time buyer in that price range FHA loans will be very attractive to you unless you've got about $30k saved up to buy the house. If you do then FHA not as good.
The big deal about FHA loans is that they're government insured and work with almost nothing down provided the house meets the requirements, which this one almost certainly will, and you're going to live in the home yourself (not an investment/rental home). They also deal with newer less than perfect credit which is usually a help with first time buyers.
I also use online calculators to figure out payments. They're everywhere. The one I use is
A guess, if you go FHA, is that your payment including the loan, taxes and insurance is going to be about $1100 to $1150 on a "normal" 30 year loan, more if you're in a high property tax state (like TX), less if you're out west (AZ, NV, CA, UT have really low property taxes compared to back east and midwest).
If thinking FHA ask your banker about it or even do a search engine search for FHA loans. They're common and hot right now. Hope this helps and good luck!