Buying guide
Using KiwiSaver for your house deposit: a guide
Here’s how you can use Kiwisaver for your house deposit.
.png)
AI summary
Using your KiwiSaver for a house deposit is a valuable option for many first-home buyers in New Zealand. To qualify, you must have been a member for at least three years and intend to live in the property.
Previous homeowners may still be eligible if their financial situation is similar to a first-home buyer; Kāinga Ora can assess this.
You can withdraw most funds but must leave a minimum, often $1,000. Always confirm withdrawal policies with your provider.
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?
Author
Discover More
The Wellington suburb buyers never want to leave
Island Bay is Wellington’s most watchlisted suburb, offering a coastal lifestyle buyers rarely leave.
From London to Island Bay: One family’s patient path to the right home
A year of renting helped this family pick the perfect Island Bay home, then a pre-deadline offer sealed the deal.
Search
Other articles you might like
