Buying guide
Using KiwiSaver for your house deposit: a guide
Here’s how you can use Kiwisaver for your house deposit.
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AI summary
Using your KiwiSaver is a popular way to help fund a house deposit, which is typically 20% of the purchase price.
This option is mainly for first home buyers who have been members for at least three years. Previous homeowners may also qualify if their financial situation is comparable and should contact Kāinga Ora to confirm.
You can withdraw most funds but must leave a minimum balance. Always confirm your specific KiwiSaver provider allows withdrawals before making plans.
What you’ll learn:
How much do you need for a house deposit in NZ?
Using Kiwisaver can make a big difference to your deposit pot.
Can KiwiSaver be used for house deposit? How it works
Who can use KiwiSaver for a house deposit?
You and your spouse can both use your KiwiSaver to contribute to your deposit.
How much KiwiSaver can I withdraw for a home deposit?
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