Put in your KiwiSaver balance and see the price it could help you buy at. Then click a suburb on the map to see homes within reach.
Under 20% is low-deposit lending: banks ration it and may charge more.
An indication, not a lender’s answer. Borrowing assumes repayments of no more than 30% of income before tax, tested at 7% over 30 years (Average advertised floating rate plus 1 points, as at 12 Oct.) since banks test above the rate they charge, and is capped at six times income. Banks use their own expense checks and rules; a mortgage adviser or the borrowing calculator goes into more detail. Keep a few thousand dollars aside for legal fees, a LIM and a building inspection.
Click a suburb to see homes listed or valued at up to $460,000.
Click a suburb on the map. We will show homes there within $460,000, and link you to the full list.
Price is the asking price where a home is listed, otherwise the council’s rating valuation, which can be well off what it would sell for. Look up any address for our estimate before you offer.
You need to have been a KiwiSaver member for at least three years. They do not have to be in a row.
Everything else can come out: your contributions, your employer’s, the government contribution and returns. Money moved in from Australian super stays.
It must be a home (or land to build one) in New Zealand that you intend to live in, not a rental or investment.
It is for first-home buyers and can be used once. Previous owners may still qualify if Kāinga Ora agrees their finances look like a first-home buyer’s.
Apply through your KiwiSaver provider, usually with your lawyer. Providers commonly take around 10 working days; the money goes to your lawyer, not to you.
Once you plan to withdraw, think about moving to a conservative fund so a market fall does not shrink your deposit before settlement.
As at 12 October 2026. Your KiwiSaver provider and Kāinga Ora decide eligibility. Work out the exact amount with the KiwiSaver withdrawal calculator.
Pre-approval is a bank’s or adviser’s say-so on how much they would lend you. It turns the price above into a real budget and makes your offer credible. A mortgage adviser costs you nothing in most cases, and can tell you which banks will lend with your deposit.
The government pages that set the rules. Check them, and your provider, before you rely on a figure here.
The rules: who qualifies, what can be withdrawn, and what stays.
Kāinga OraEligibility, including the check for people who have owned a home before.
Kāinga OraBuying with a 5% deposit through participating lenders, and its income caps.
Kāinga OraA few questions that show which home ownership schemes you may qualify for.
Sorted (Te Ara Ahunga Ora)A plain guide, including what withdrawing does to your retirement savings.
settled.govt.nz (Real Estate Authority)Each step from making an offer to settlement, and what to check along the way.
Yes, if it is your first home, you have been a KiwiSaver member for at least three years and you intend to live in it. You can withdraw everything except $1,000, which must stay in your account.
Yes. Each of you applies to your own provider, and each must meet the rules. Two balances together often make the difference between a 10% and a 20% deposit.
Yes. Your provider can pay the deposit to the vendor’s lawyer once your lawyer gives the right undertaking, which helps at auction or when a deposit is due on signing. Talk to your lawyer and provider early.
Most bank lending wants 20% of the price. Banks can lend some loans with 10%, and Kāinga Ora’s First Home Loan accepts 5% for incomes under its caps. A smaller deposit usually costs more in interest or fees.
No. The KiwiSaver First Home Grant closed to new applications in May 2024. Withdrawing your own KiwiSaver savings continues.
No. A first-home withdrawal is not taxed when it comes out.
Weekly, fortnightly or monthly repayments and the interest over the loan.
An indicative borrowing limit and a readiness check, from your own figures.
What a median home costs against local incomes, town by town.
What your KiwiSaver could put toward a deposit.
The steps from saving a deposit to settlement day.
Buying with 5–20% deposit, and what it costs.
What it is, what to bring, and how long it lasts.
What extra repayments or a lump sum save.
A rough cost of breaking a fixed rate early.
Whether moving your mortgage pays, after every cost.
Every lender’s advertised rates, side by side.
Advisers and firms near you.
General information, not financial advice. For advice on your situation, talk to a mortgage adviser.