Using your KiwiSaver for your first home

If you've been contributing to KiwiSaver for at least three years and you're buying your first home to live in, you may be able to make a first-home withdrawal — taking out most of your balance and leaving at least $1,000 behind.

You apply through your KiwiSaver provider, not Kāinga Ora (unless you're a previous home owner being assessed as being in the same position as a first-home buyer). The funds are paid to your solicitor on or before settlement day.

Timing matters. Apply to your provider at least 10–15 working days before settlement so the money arrives in time. Your solicitor and lender coordinate the rest.

Your KiwiSaver withdrawal often forms part — or all — of the 5% deposit needed for a First Home Loan. The two are designed to work together, and we'll help you line up the timing.