Doable or bad deal?

My wife and I make around $190k a year before taxes , combined We are buying a house for $406k (3b 2bath 2100 sq ft on 0.43 acres) at 5.99% interest rate, 3% down, sellers covering closing costs, mortgage includes escrow and will be around $2800 We are around the Nashville area

Does this seem feasible and like a good deal? Does our income seem appropriate for the house price/mortgage?