Self Assessment

Am I ready for the Habitat Homeownership Program

Am I ready for the Habitat Homeownership Program?

This self-assessment is a good way for you to start to understand the qualifications for Habitat for Humanity of Monroe County’s homeownership program and assess if this program is a good fit for making your homeownership dreams a reality.

Affordable Homeownership Program Self-Assessment

This self-assessment is designed to help you understand whether you may meet some of Habitat for Humanity of Monroe County’s basic homeownership program guidelines. This is not an application and does not determine eligibility.

We ask for your contact information so we can follow up with you about your results and discuss the next steps.

Contact Information

Name(Required)

Email(Required)

Phone(Required)

Address(Required)

Street Address City State ZIP Code

May we contact you about your self-assessment results and next steps toward homeownership?(Required)

Yes, please contact me and add me to the Interest List.

No, I do not give Habitat for Humanity of Monroe County permission to contact me about my results

Do you file federal income taxes?(Required)

Yes, I file federal income taxes each year, either myself or with the help of someone else.

No, I do not file federal income taxes.

Household Information

Please enter the number of adults (persons over 18 years old) in your household including yourself.(Required)

Please enter the number of children (persons under 18 years old) in your household.(Required)

Total household size:(Required)

What is your household’s approximate gross annual income?(Required)

Include income from all adults in your household. We include all types of income, including wage and non-wage income, if we can verify that it will continue for the next three years.

Have you lived or worked in Monroe County, Indiana, for at least 12 consecutive months?(Required)

Yes, I live or work in Monroe County, Indiana.

No, I live or work outside of Monroe County, Indiana.

Do you currently own a home?(Required)

Yes, I am a homeowner.

No, I rent from a landlord.

Debt-to-Income Calculator

Step 1: Enter the household’s approximate gross annual income.(Required)

Your estimated gross monthly household income is:(Required)

Step 2: Please enter the minimum monthly payment for each debt below. If you do not have a particular type of debt, enter $0.

Monthly Debt Payments

Auto loans(Required)

Student loans(Required)

Credit cards(Required)

Personal loans(Required)

Medical debt(Required)

Child support/alimony(Required)

Other recurring debt(Required)

Total monthly debt(Required)

Step 3: Enter your monthly rent/housing payment(Required)

Your estimated debt-to-income ratio:(Required)

Your debt-to-income ratio (DTI) shows how much of your gross monthly household income would be used to pay your monthly debts, including your estimated housing payment.

Based on the information you entered, your estimated debt-to-income ratio is below Habitat Monroe County’s 13% guideline.

Based on the information you entered, your estimated debt-to-income ratio is above Habitat Monroe County’s 13% guideline.

Financial Readiness

The following questions are designed to help you determine whether you may be financially prepared for Habitat homeownership. Please answer True or False for each question.

I can demonstrate consistent income.(Required)

True

False

I can provide documentation showing that I have consistently paid rent for the past 12 months.(Required)

True

False

Ability to Pay

Your estimated financial picture

Annual household income:(Required)

Estimated monthly gross income:(Required)

Current monthly debt:(Required)

Estimated housing payment:(Required)

Estimated total monthly debt:(Required)

Estimated debt-to-income ratio:(Required)

Habitat Monroe County guideline: 13% or less

Willingness to Partner

I am willing to work with Habitat for Humanity of Monroe County to complete all partnership requirements, and I understand and am prepared to meet the responsibilities and conditions of becoming a Habitat homeowner.(Required)

True

False

My co-applicant, if applicable, adult non-dependent household members, and I are willing and able to each complete 250 partner hours with Habitat for Humanity of Monroe County while participating in the program. These hours may include volunteering at construction sites to help build Habitat homes. I am confident that we can complete the required hours.(Required)

True

False

My co-applicant, if applicable, adult non-dependent household members, and I are willing and able to attend homeownership education classes and meet regularly with Habitat for Humanity of Monroe County staff throughout the homebuying process.(Required)

True

False

Self Assessment

Am I ready for the Habitat Homeownership Program?

Affordable Homeownership Program Self-Assessment

Contact Information

Household Information

Debt-to-Income Calculator

Financial Readiness

Ability to Pay

Willingness to Partner

Interested in applying?