How KiwiSaver could help
Your KiwiSaver savings could help you with the deposit to buy your first home. You may be able to withdraw most of your contributions, employer contributions, government contributions and investment returns you've earned.
The first step is understanding what's possible. We'll help you work out whether you're eligible, how the process works, and what to do next.
Wherever you are, start here
Whether you're thinking ahead, getting ready to apply, or unpacking in the new place, here's what you need to know.
A little prep goes a long way
It’s worth checking your eligibility, and starting your application earlier than feels necessary. The last thing you want is paperwork holding up your purchase.
Common questions
Explore common questions people ask about using KiwiSaver for buying first home.
Not quite. You'll need to leave at least $1,000 in your KiwiSaver account. Most of the rest could be available, including your own contributions, employer contributions, Government contributions and investment returns. The one exception is savings transferred from an Australian complying superannuation scheme – those can’t be withdrawn for a first home.
Timing depends on when you apply and whether your application has everything we need. Our normal turnaround time is 10-15 days once we’ve got everything we need. Let your solicitor know early and send us a completed application well before you need it to help avoid delays.
You may still be able to apply. Kāinga Ora Homes and Communities can assess whether your current financial position is similar to a first-home buyer. You’ll need confirmation from Kāinga Ora before Smart can assess your application.
Yes. If you each meet the criteria, you can each apply to withdraw savings from your own KiwiSaver account towards the same home.
Can't find what you're looking for? Check out our FAQs page.
