Buying your first home can be a complex and stressful experience. We've put together this guide to make it easy to get your place sorted!
Pros and cons of buying a house
How far can your money go?
How much the bank will lend you?
Get your deposit sorted.
Find the right place
Make a checklist
Handy tips for dealing with agents
What to look for when you visit
Legal advice and services
Common property checks
Tenders, auctions, offers
How to set conditions
Fixed, floating, offset, and revolving loans
Your mortgage and home loan agreement
Organising your house and contents insurance
Organising your move, talking to the previous owners, changing your address
Getting the keys and moving in!
At Kiwibank, you may not always have to have a 20% deposit to get into your first home.Show more
For a limited time, we’ll give you a house-warming present – $500 to help with those initial moving day expenses.Apply now
We'll better the price you would have paid for an equivalent home loan from any other bank with branches nationwide.Show more
From 1 October 2013, fewer mortgages will be available for people with a deposit of 20% or less. At Kiwibank, we are committed to offering these mortgages to first home buyers.
If you’re a first home buyer, we are your bank.
Work out the numbers – how much could you borrow, and what would your repayments be?Calculators and tools
|Offset Mortgage||5.25% p.a.|
|6 month fixed||5.25% p.a.|
|1 year fixed||5.25% p.a.|
|2 year fixed*||5.65% p.a.|
|3 year fixed||6.40% p.a.|
Kiwibank Home Loans are guaranteed to save you money on the overall cost of your home loan over the first six years compared with any equivalent home loan from any other bank with branches nationwide. Or we’ll beat the difference.
For a limited time, if you’re buying your first home you’ll receive $500 when you draw down your home loan, which will be deposited into your Kiwibank bank account on settlement day. If you’re borrowing over 80% you may need to pay a low equity fee.
Kiwibank Limited's lending criteria, terms and conditions, and fees apply. Lending subject to home loan portfolio restrictions.
CANSTAR First Home Buyer Awards, 2011, 2012, 2013.
A Kiwibank Welcome Home Loan is only available for owner-occupied properties and may not be used to purchase an investment property or for refinancing. You must not already own a home. A minimum deposit of 10% is required. Borrowers may be able to use any KiwiSaver Deposit Subsidy and First Home Withdrawal entitlements to contribute to their deposit. A low equity fee may apply.
All banks, including Kiwibank, are subject to the Reserve Bank restrictions on lending over 80% of a property’s value.