Buying your first home with KiwiSaver

If you’ve been a member for at least three years, you may be able to make a first home withdrawal to put some of your KiwiSaver savings towards buying your first home or land to build your first home on.

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 kaingaora.govt.nz
• 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.

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.

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.

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. 

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

• Learn more about buying your first home with ANZ
• Call us on 0800 269 4663 to book an appointment at your local branch
• Request an appointment with an ANZ Mobile Mortgage Manager (ANZ Home Loan coaches that come to you).

Lending criteria, terms, conditions and fees apply.