Maximize Your KiwiSaver
Calculate your KiwiSaver first-home withdrawal, see why the old First Home Grant should not be in your budget, and check the current 5% deposit pathway through First Home Loan lenders.
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
Estimated withdrawal keeps the required $1,000 KiwiSaver balance
First Home Grant status
First Home Grant is closed to new applications.
Do not budget on a cash grant. Use this page to estimate KiwiSaver withdrawal power, then check First Home Loan and lender options with Kāinga Ora, your provider, or an adviser.
Current Support Paths
| Support | Status | Buyer action |
|---|---|---|
| KiwiSaver first-home withdrawal | Still available | Ask your KiwiSaver provider and solicitor for the withdrawal pack before going unconditional. |
| First Home Loan | Still available through selected lenders | Check the 5% deposit pathway with participating lenders; approval is lender-specific. |
| First Home Grant | Closed to new applications | Do not include a cash grant in your deposit plan unless you already have written confirmation. |
Source check: Kāinga Ora home ownership pages, reviewed 13 Jun 2026. Information only — confirm details with official providers before making an offer.
Application Timeline
Estimate your KiwiSaver withdrawal
5 minutesCheck what could be available for deposit and keep the required $1,000 balance in mind.
Ask your provider for the pack
1-2 daysKiwiSaver withdrawals usually need provider and solicitor paperwork before settlement.
Check First Home Loan fit
Before offerIf you have a smaller deposit, ask participating lenders whether the 5% deposit path fits your income and property.
Get advice before going unconditional
VariableConfirm withdrawal timing, lender approval, and settlement dates with your adviser/solicitor.
Send signed documents
10-15 working daysYour solicitor/provider will request final signed documents once the offer is accepted.
Settlement
On settlement dayKiwiSaver funds are usually paid through the solicitor toward settlement, not to your personal bank account.
Key Things to Know
3 Year Rule
You generally need at least 3 years of KiwiSaver membership before using the first-home withdrawal. Confirm timing with your KiwiSaver provider before making an offer.
$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 may both be able to use KiwiSaver first-home withdrawals. Pair this with lender cashback or First Home Loan checks instead of relying on a closed grant.
Information only — verify before you apply.
KiwiSaver withdrawal and First Home Loan rules can change, and the First Home Grant is closed to new applications. Confirm eligibility with your KiwiSaver provider, Kāinga Ora, and your adviser before making an offer.
Kāinga 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 Loan pathway, lender cashback, and savings to see exactly how much deposit you have ready for 2026 property markets.