What kind of help is there?
The three main schemes that are worth checking out if you’re a first home buyer are:
- Welcome Home Loan - handy if you don’t have the 20% deposit
- KiwiSaver first home withdrawal - you may be able to put some of your KiwiSaver savings towards your first home
- KiwiSaver HomeStart grant - you may be able to get a grant towards your first home.
Work out what your options are
Other helpful stuff
- Getting together a larger deposit means you can be better off in the long run — check out our Help Me Save calculator, or work out what you might need to save.
- Our first home buyer's guide has heaps of handy information and tools to get you into your first house.
- If you are a Kiwibank customer, you can see your KiwiSaver savings online anytime with the Kiwi Wealth KiwiSaver Scheme.
- A Notice Saver has higher interest than a savings account, more flexible than a term deposit — our most popular savings account
Interested? Let's talkGet in touch or apply now
A minimum deposit of 10% is required for a Kiwibank Welcome Home Loan. A low equity fee may apply. KiwiSaver, Kiwibank Limited and Welcome Home Loans terms and conditions (including lending criteria), fees and charges apply. For loans of over 80% of the property’s value, all banks including Kiwibank are subject to Reserve Bank restrictions.
Download the Product Disclosure Statement for the Kiwi Wealth KiwiSaver Scheme (PDF 291.8 KB) or pick up a copy from your local Kiwibank.
Kiwi Wealth Limited is the Issuer and Manager of the Kiwi Wealth KiwiSaver Scheme (the Scheme) and is a related company of Kiwibank Limited. Kiwibank is a distributor but is not an issuer of the Scheme. Investments made in the Scheme do not represent bank deposits or other liabilities of Kiwibank and neither they nor any other person guarantees the repayment of members’ interests in the Scheme or the payment of any earnings or returns on investment in the Scheme. Investments in the Scheme are subject to investment and other risks, including possible delays in payment of withdrawal amounts in some circumstances and loss of investment value.