NZ government help for first home buyers (2025)

First home buyers in New Zealand can access several government support schemes. The First Home Loan, underwritten by Kāinga Ora, allows eligible buyers to purchase a home with as little as a 5% deposit, subject to income caps.

Other initiatives include Kāinga Whenua Loans for building on Māori land and the ability to withdraw most of your KiwiSaver balance. While the First Home Grant was scrapped in 2023, alternatives like rent-to-own schemes are available.