Quick Answer: If you've been in KiwiSaver for at least 3 years, you can withdraw nearly your entire balance for a first home — keeping only $1,000 in the scheme. That includes your contributions, your employer's, and the government's. In 2026, KiwiSaver is the single biggest deposit tool New Zealand first-home buyers have, especially since the $5,000–$10,000 First Home Grant was discontinued in May...
Think you need $150,000 saved before you can buy a house? You don't. If you're looking at a new build in New Zealand, the rules are different — and they're in your favour. Most first home buyers assume they need a 20% deposit. For a $750,000 home, that's $150,000. But for brand new properties, banks can lend up to 95% of the purchase price. That means a 5% deposit — as little as $30,850 for a $617,000...
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