Right time for sex

I've been dating my boyfriend for almost 5 months. We have a strong and good relationship. We have talked about sex, he said he's ready when I am so it's just up to me. He said he won't do it until I'm 100% sure I want to. We agreed that at 5-6 months we will talk about it and see if we want to do it or wait longer
What are your thoughts on us having sex at 5-6 months into the relationship? 
I'm 16 and and he's 17 

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