Purchasing your first home

If you've been a member of KiwiSaver for 3 years you may be able to withdraw some of your KiwiSaver savings to put towards purchasing your first home.

How much you can withdraw

You can withdraw

You may be able to withdraw the current value of:

  • your contributions
  • your employer's contributions (voluntary and compulsory)
  • returns on investment, and
  • any member tax credits.

Provided you leave a minimum balance of $1,000 in your account.


Funds transferred from an Australian Complying Superannuation scheme cannot be withdrawn for the purchase of a home.

How to apply for a first home withdrawal

Contact your KiwiSaver provider regarding any entitlement before beginning the purchase process.

You may be eligible for a first home subsidy. You may be eligible for a KiwiSaver HomeStart grant.

If you've owned a home before

If you've owned a home before, in some circumstances you may still be eligible to withdraw your savings to purchase your home. Housing New Zealand will need to determine that you are in the same financial position as a first home buyer. Contact them on 0508 935 266.