Kiwisaver first home loan withdrawals

Kiwisaver first-home withdrawal:

Congratulations, you've saved up for your first home with the help of KiwiSaver! If you've been a member for at least three years, you may be able to withdraw all or part of your savings to put towards your new home. This includes your contributions as well as the Government's contributions. Just keep in mind that you'll need to leave at least $1,000 in your KiwiSaver account.

To get started, reach out to your KiwiSaver provider or complying fund provider to apply. Happy house hunting!

Kiwisaver First Home Withdrawal forms:

AMP -Download

ANZ -Download

AON -Download

ASB -Download

BNZ - Download

Booster -Download

Fisher Funds -Download

Kiwi Wealth -Download

Mercer -Download

Westpac - Download

Did you know that you can tap into your KiwiSaver savings to buy your first home? However, it takes around ten working days to process the application for a KiwiSaver first home withdrawal. You should check with your KiwiSaver provider if they allow you to use the withdrawal to pay the deposit, as not all providers will. Some KiwiSaver providers may allow you to use the withdrawal if your trust is the purchaser, but they may require you to be the trustees and main beneficiaries of the trust. If you have previously owned a home, but are in a similar financial position to a first-home buyer, you may still be eligible for the first-home withdrawal. You can contact Kāinga Ora to determine your eligibility before applying to your scheme provider via phone at 0508 935 266 or email at firsthome.enquiries@kaingaora.govt.nz.