NZ deposit savings calculator

How long until you have your first-home deposit?

Model your savings timeline with a target property price, deposit percentage, current savings, KiwiSaver balance, and monthly contributions.

Information only — not financial advice. Use these estimates to prepare better questions before speaking with a lender, lawyer, or regulated adviser.Compare 10% and 20% deposit paths

Deposit Savings Calculator

See how long it\'ll take to save your deposit

Pro Tip

Set a deposit scenario you can explain and verify. Product availability, rates and low-deposit conditions vary by lender and property. Check KiwiSaver first-home withdrawal eligibility with your provider before including it.

Your Goal

$800,000
$300k$2M
$160,000
5%30%

A 20% scenario can reduce low-equity constraints, but pricing still varies by lender.

Where You Are Now

$20,000
$30,000

Monthly Contributions

$1,500
$300

Growth Assumptions

4.5%
5.5%
3.0%

Your Savings Timeline

Time to Goal

4 years

You'll reach your goal!

Total Available at Goal

$160,901

Target: $160,000

Regular Savings

$106,650

KiwiSaver

$54,251

Target Deposit

$160,000

Surplus

$901

What if you saved more?

Save +$200/month
3y 8m(save 1 years!)
Save +$500/month
3y 4m(save 1 years!)
Save +$1,000/month
2y 10m(save 2 years!)

Tips to Reach Your Goal Faster

  • Set up automatic transfers to a dedicated savings account on payday
  • Consider increasing your KiwiSaver contribution - employer matches up to 3%
  • Compare savings accounts using a dated rate and verify withdrawal restrictions
  • Check current KiwiSaver withdrawal and First Home Loan settings with official providers

Check KiwiSaver withdrawal

Estimate what you may be able to put toward your first home from KiwiSaver.

Deposit saving guide

Use the guide for practical ways to increase savings rate and reduce buying friction.

Need to save your deposit questions?

Record a first-party FHBG request without selecting or contacting a provider.

Save buyer request