Maximize Your KiwiSaver
Calculate your KiwiSaver first home withdrawal, check your First Home Grant eligibility, and understand how to use these tools to get into your first home faster.
KiwiSaver Withdrawal Calculator
Your Projected Balance
Your Total
$15,000
Employer
$11,250
Govt Bonus
$5,214
Grand total
$68,418
Available Deposit: $64,997
Calculated with FMA required $1,000 residual
First Home Grant Checker
Must be under $95,000 (single) or $150,000 (couple)
Regional Price Caps
| Region | Existing Home | New Build | Grant (Existing) | Grant (New) |
|---|---|---|---|---|
| Auckland | $875,000 | $875,000 | $5,000 | $10,000 |
| Hamilton City | $800,000 | $875,000 | $5,000 | $10,000 |
| Tauranga City | $800,000 | $875,000 | $5,000 | $10,000 |
| Western Bay of Plenty | $800,000 | $875,000 | $5,000 | $10,000 |
| Kapiti Coast | $800,000 | $875,000 | $5,000 | $10,000 |
| Porirua | $800,000 | $875,000 | $5,000 | $10,000 |
| Upper Hutt | $800,000 | $875,000 | $5,000 | $10,000 |
| Hutt City | $800,000 | $875,000 | $5,000 | $10,000 |
| Wellington City | $800,000 | $875,000 | $5,000 | $10,000 |
| Nelson | $800,000 | $875,000 | $5,000 | $10,000 |
| Nelson Tasman | $800,000 | $875,000 | $5,000 | $10,000 |
| Christchurch City | $800,000 | $875,000 | $5,000 | $10,000 |
| Selwyn | $800,000 | $875,000 | $5,000 | $10,000 |
| Waimakariri | $800,000 | $875,000 | $5,000 | $10,000 |
| Queenstown Lakes | $800,000 | $875,000 | $5,000 | $10,000 |
| Rest of NZ | $650,000 | $875,000 | $5,000 | $10,000 |
* Price caps are subject to change. Check the Kainga Ora website for the most current information.
Application Timeline
Check Eligibility
5 minutesUse our calculator above to see if you qualify
Apply Online
20-30 minutesSubmit application via Kainga Ora website
Pre-Approval
5-10 working daysReceive pre-approval letter (valid for 6 months)
Find Property
VariableSearch for homes within price cap
Final Approval
10-15 working daysSubmit sale agreement for final approval
Settlement
On settlement dayGrant applied at settlement
Key Things to Know
3 Year Rule
You must have contributed to KiwiSaver for at least 3 years to be eligible for the First Home Grant. The years don\'t need to be consecutive.
$1,000 Minimum
When withdrawing for your first home, you must leave at least $1,000 in your KiwiSaver account. This stays there until retirement.
Combined Benefits
If buying with a partner, you can both apply for the First Home Grant and withdraw your KiwiSaver - potentially doubling your deposit boost!
Kainga Ora First Home Loan
If you have at least a 5% deposit, the First Home Loan could help you buy your first home. This government-backed scheme makes it possible to buy with less than the standard 20% deposit.
Requirements
- Minimum 5% deposit
- Income under $95k (single) or $150k (couple)
- First home buyer
- Will live in the property
Benefits
- Buy with just 5% deposit
- Government backing
- Available through select lenders
- Same interest rates as standard loans
Ready to calculate your total deposit?
Combine your KiwiSaver withdrawal, First Home Grant, and savings to see exactly how much deposit you have ready for 2026 property markets.