KiwiSaver first home calculator
See how much KiwiSaver you and your partner could put toward your first home, and what you'd have at 65.
Available for your deposit
Assumes $1,000 stays in each account, employers contribute 3.5% and salaries grow 3% a year.
Talk it through with KyleGeneral estimate only, not financial advice. Returns are assumptions after fees and tax (conservative 3.5%, balanced 4.5%, growth 5.5% a year) and are not guaranteed. Employer contributions are shown after employer superannuation contribution tax.
How this calculator works
For each of you, it adds your contributions, your employer's 3.5% (after tax) and the government contribution of 25 cents per dollar, up to $260.72 a year, then grows the balance at the fund return you choose. At the year you buy, it takes everything except $1,000 as your withdrawal.
After that, it keeps going from $1,000 until you're 65, and shows the result in today's dollars, allowing for 2.5% inflation. It's a reminder that your KiwiSaver still matters after you've bought.
Next: read how the withdrawal works, step by step, or how to buy with a 5% deposit.
Quick answers
How much KiwiSaver can I withdraw for my first home?
Usually everything except $1,000, as long as you've been a member for at least three years and meet the other rules. Money transferred from an Australian super fund can't be withdrawn.
Is the KiwiSaver government contribution still paid?
Yes. The government adds 25 cents for every dollar you contribute, up to $260.72 a year, if you contribute at least $1,042.86 between 1 July and 30 June and earn $180,000 or less.
Let's talk about your family's plan
A free, no-pressure chat in Papakura, by phone or online.