First Home Buyer Calculator
Check your eligibility for KiwiSaver withdrawals, grants, and the Welcome Home Loan.
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Gross annual household income
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Cash savings available
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Total across all members
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Price cap: $875,000
The Welcome Home Loan allows eligible first home buyers to purchase with just a 10% deposit. Price and income caps apply.
You may be able to withdraw up to $10,000 from your KiwiSaver for a first home. If both partners qualify, you could also receive a $10,000 KiwiSaver grant.
✅ You may be eligible to buy!
Total available deposit$100,000
KiwiSaver withdrawal$10,000
KiwiSaver grant$10,000
LVR84.6%
Gap to 20% deposit$30,000
Your income is under the $150,000 cap for the Welcome Home Loan.
There's no stamp duty or transfer duty in New Zealand. Your main costs will be legal fees, building inspection, and moving costs.
How it works
First Home Grant provides up to $10,000 for couples ($5,000 for singles). KiwiSaver withdrawal rules allow you to use your savings (minus the $1,000 kickstart). The Welcome Home Loan allows low-deposit borrowing with just a 10% deposit.