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 adviceCompare 10% and 20% deposit paths
Deposit Savings Calculator
See how long it\'ll take to save your deposit
Pro Tip
Most lenders want 20% deposit for the best rates, but you can buy with 10%. Don\'t forget you can use your KiwiSaver for your first home!
Your Goal
$800,000
$300k$2M
$160,000
5%30%
Perfect! 20% gets you the best rates and no LMI
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%
- Look for a high-interest savings account (currently 4-5%)
- Check if you qualify for the First Home Grant (up to $10,000)
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 a deposit plan?
Route your situation to a regulated professional when your target looks close.
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