Buying guide
Using KiwiSaver to buy your first home: how it works
Saving a deposit can be hard for first home buyers. Luckily, KiwiSaver and other schemes can help you out.
Last updated: 18 September 2026
AI summary
Using your KiwiSaver is a powerful tool for your first home deposit. To qualify for a First Home Withdrawal, you must:
- Be a member for 3+ years
- Be a first-time buyer (or in a similar financial position)
- Intend to live in the property
Apply through your provider after signing a conditional agreement, allowing at least 10-15 working days. This can be paired with a First Home Loan, underwritten by Kāinga Ora, for a 5% deposit.
In this article you’ll learn:
Can I use my KiwiSaver to buy a house?
Using KiwiSaver can make the maths on buying your first home a little less scary.
Your KiwiSaver manager will help you apply for your withdrawal.
The First Home Loan: using KiwiSaver alongside a low deposit
You'll need to check the eligibility criteria if you're going to apply for the First Home Loan.
How much deposit do you actually need?
Getting the right advice
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