Section 8 PreQualifier Calculator

Kentucky Housing Corporation's Section 8 PreQualifier Calculator

Loan Information:

Housing Assistance Payment to be applied as:

Monthly Escrow Estimate:

DAP Amount:

Interest Rate:

Housing Authority Information: ¹

Payment Standard Provided by Housing Authority:

$ *

Section 8 - 30% Calculation:

$ *

Section 8 - 40% Calculation:

$ *

Utilities:

$ *

¹ Housing Authority provides

Income:

Borrower Monthly Gross Income:

Co-Borrower Monthly Gross Income:

Other Monthly Gross Income:

Total Monthly Income:

$ 0

Debt:

Auto Loans:

Student Loans:

Credit Cards:

Other Debt:

Total Monthly Debt Payments:

$ 0

NOTE: By clicking on the “Calculate” button above, the user certifies that he/she understands and agrees to the following loan conditions: the loan will be used to purchase property and cannot be used to refinance an existing loan; the borrower must occupy the financed property as his/her principal residence within 60 days of loan closing; the borrower will not rent or otherwise use the property for any income-producing activity; and the borrower cannot own another dwelling at the time he/she closes on the Kentucky Housing loan. Pre-qualification does not constitute loan approval or commitment of funds.