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 getting on the property ladder. You can withdraw your savings, including employer and government contributions, leaving a minimum balance (usually $1,000).
To be eligible, you must:
- Be a member for at least three years
- Intend to live in the home
While aimed at first-home buyers, previous owners may qualify after an assessment by Kāinga Ora. Always check your provider’s specific withdrawal policies.
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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