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 for a house deposit is a key option for first home buyers in New Zealand. To be eligible, you must have been a member for at least three years and intend to live in the property.
You can withdraw your contributions, plus those from your employer and the government, but must leave a minimum balance (often $1,000). Previous homeowners might still qualify if Kāinga Ora assesses them as being in a similar financial position. Always check your provider's specific rules.
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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