Let’s look at 8000 samples latency at different sample rates:
at 44.1 kHz sampling, it’s 22.7 microseconds per sample. So 8000 samples would be 181 milliseconds. Oy vey.
So at 88.2 kHz, that halves to 90 ish milliseconds. It’s still a lot of time, but somewhat better.
You can see why as Bob Olhsson says in this thread, it pays to overdub using analog to hear yourself, and yes, some DAWs provide special analog-style routing for overdubbing.