Your 16.
How do you plan on completing school? Do you have people that can take the baby during the day? Do you have money to afford a babysitter? Is your boyfriend committed to staying up late with the baby, changing diapers, soothing a crying baby? Are you?
During bad nights, how do you plan on getting homework done while a baby is crying? How do you plan on affording baby supplies? Will your current schedule fit working, school, baby, and any sort of FUN you want?
I'm sorry honey...you're not ready. And if you try to convince yourself otherwise, you're being selfish. You're not considering the people around you, NOR are you consider the life of the child you will bring into the world. I don't think it's fair to bring a child into the world for which you cannot care for properly.
Make sure your relationship can stand the test of time. Sixteen is an age where EVERYTHING seems perfect. I know...the relationship is probably beautiful and you think you can tackle ANYTHING with your boyfriend at your side. But, emotions do not guarantee anything. You claim to love him more than ever right now. Doing something that neither of you are ready to do is not a loving action...it's scary.
I concerned for you. I don't want you to make a bad decision for not only you, but your boyfriend, the baby, and countless other people that may be hurt in this process. Wait for a little bit. PLEASE.