Buying your first home with KiwiSaver

First home buyer? Find out how KiwiSaver could help you into a home of your own.

How KiwiSaver can help

If you’ve been a member for at least three years, KiwiSaver could help you buy your first home.

First home withdrawal – use some of your KiwiSaver savings towards your first home.

First Home Grant – up to $5,000 towards purchasing an existing home and up to $10,000 for a new build.

100k KiwiSaver first home withdrawals

Our ANZ-managed KiwiSaver scheme members have made $2.45 billion in first home withdrawals over the past 13 years.

Could your KiwiSaver savings help you too?

First home withdrawal

If you’re eligible, you can use your KiwiSaver savings to either buy your first home or buy land to build your first home on.

Are you eligible?

To be eligible for a KiwiSaver first home withdrawal, you must:

  • Have been a member of a KiwiSaver scheme or complying superannuation fund for at least three years
  • Have not owned a home or land before in New Zealand or overseas –previous homeowners may still be eligible, Kāinga Ora can determine if you’re eligible as a previous home owner, find out more at
  • Be buying a home or land in New Zealand
  • Intend to live in the home or on the land you’re buying – if you intend to build a home on the land, then your first home withdrawal can’t be used for the build, only the land
  • Have not made a first home withdrawal before.

You can’t use your first home withdrawal to fund the cost of building a home on land you already own, no matter how you became the owner, e.g. gifted or inherited.

How much can you withdraw?

You can apply to withdraw all your KiwiSaver savings to put towards a home or land, except for:

  • $1,000
  • Any amount you may have transferred from an Australian complying superannuation scheme (if applicable)
  • Any Government contributions received during any period you lived overseas and didn’t have permanent residence in New Zealand.

To apply for a first home withdrawal

Just complete our simple online form and we’ll be in touch. Or download, complete and return a copy of the KiwiSaver first home withdrawal application form.

First Home Grant

The First Home Grant is offered by Kāinga Ora (previously known as Housing New Zealand). It’s designed to help eligible KiwiSaver members get into their first home.

Are you eligible?

Check the First Home Grant eligibility requirements at the Kāinga Ora website.

How much could you get?

The amount of the grant depends on whether you’re buying an existing home or building a new home, and how long you’ve been contributing to KiwiSaver.

If you're buying an existing home you can receive $1,000 for each year you've been a contributing member of KiwiSaver, up to a maximum of $5,000.

If you're buying a brand new home you can receive $2,000 for each year you've been a contributing member of KiwiSaver, up to a maximum of $10,000.

How do you apply?

You can find more information, including eligibility criteria and the application process, on the Kāinga Ora website.

Other ways ANZ can help you into your first home

Whether you’re thinking about buying or building your first home, talk to ANZ. We can help you every step of the way, from explaining the process, to helping you apply for a home loan. 

Take the first step

Even if you don’t have your full deposit saved, one of our ANZ Home Loan Coaches can help you through the journey.

Lending criteria, terms, conditions and fees apply.

From overseas: +64 9 356 4000

If you wish to speak to an external financial adviser, call 0800 736 034 and we’ll put you in touch with one.

Important information

ANZ New Zealand Investments Limited ('ANZ Investments') is the issuer and manager of the ANZ KiwiSaver Scheme and the ANZ Default KiwiSaver Scheme (together, the 'schemes'). Important information is available under terms and conditions. Download the guide and product disclosure statement.

This material is for information purposes only. We recommend seeking financial advice about your situation and goals before getting a financial product. To talk to one of our team at ANZ, please call 0800 736 034, or for more information about ANZ’s financial advice service or to view our financial advice provider disclosure statement see

Previous homeowners may still be eligible. Kāinga Ora can determine if you’re eligible as a previous homeowner. Find out more at