Question on financing first deal

[Mindy Templeton]

Found our first deal and they have accepted our offer.  It’s a single family and will be purchasing for $105k.  Our lender has said we can do 15% down, and seller is paying $2k of closing, so total to come to the table with is right around $20k.  Interest rate is 6%.  Is this normal or are there other options I should explore for financing?  We plan to keep, rent out, and make tiny improvements along the way (mainly cosmetic).  Any input is appreciated!