$30,000 balance
$29,000
withdrawable for a first home · 4 years a member
- KiwiSaver balance
- $30,000
- Years a member
- 4 years
- Minimum to leave in
- − $1,000
- Withdrawable for a first home
- $29,000
Meets the 3-year rule — balance less the $1,000 minimum.
NZ first-home calculator · 2026/27
Know your
first-home deposit.
Estimates from published KiwiSaver and Kāinga Ora rules.
Built for New Zealand.
Rates current as at 24 July 2026.
$
You must leave $1,000 in the account.
$
Buying
$
$
Per
Your years in KiwiSaver
Three years minimum before you can withdraw.
$
Cannot be withdrawn for a first home.
$
Excluded if earned without NZ permanent residence.
$
$
Last 12 months. Sets the First Home Loan cap.
Dependants
Optional — shows the saving rate needed to be ready by then.
Deposit available
$59,000
8.4% of $700,000
$44,000KiwiSaver you can withdraw for a first home.
$15,000cash savings on top of KiwiSaver.
KiwiSaver is doing 74.6% of the work toward your deposit.
Where $59,000 comes from
- KiwiSaver
- $44,00074.6%
- Cash
- $15,00025.4%
5% deposit · $35,000Covered
Target met on these inputs.
10% deposit · $70,000$11,000 to go
Short by $11,000 · about 8 months at your current saving rate
20% deposit · $140,000$81,000 to go
Short by $81,000 · about 4 years 6 months at your current saving rate
- KiwiSaver you can withdraw
- $44,000
- Cash savings
- $15,000
- Deposit available
- $59,000
You earn above the $95,000 First Home Loan cap, so that 5% deposit route is not open to you. Kāinga Ora and lenders decide this, not us — confirm your withdrawable balance with your provider before going unconditional.
- Time to a 20% deposit at your saving rate
- 4 years 6 months
- Still to save for 20%
- $81,000
What each buyer can withdraw
- You
- $44,000
Previous owners may still qualify through Kāinga Ora's second-chance determination. The First Home Grant closed to new applications on 22 May 2024; the First Home Loan still exists.
How this first-home deposit calculator works
This planner works out how much of your KiwiSaver you can put toward a first home, and the gap to a deposit at 5%, 10% or 20% of a purchase price. Enter your balance and how long you have been a member; add a partner, cash savings and any family gift to see the combined deposit.
Worked examples
Same rule. Two members.
Both use the same 3-year membership rule and the $1,000 minimum — the only difference is how long you have been a member.
$18,000 balance
$0
withdrawable for a first home · 2 years a member
- KiwiSaver balance
- $18,000
- Years a member
- 2 years
- Withdrawable for a first home
- $0
Below the 3-year rule — nothing is withdrawable yet, whatever the balance.
FAQRead the guides
Common questions
Short answers on withdrawals, membership, First Home Loan caps and the closed grant.
Want the full detail?
Confirm the withdrawable amount with your KiwiSaver provider before going unconditional. The guides walk through eligibility and how each rule is applied.
Using KiwiSaver for a first home · First-home rules · Methodology
Yes, if you have been a KiwiSaver member for at least 3 years and are buying a home in New Zealand to live in. You can withdraw your contributions, your employer's, government contributions and the returns on them, leaving at least $1,000 in your account.