Can I use my KiwiSaver AND the First Home Loan together?

Short answer: Yes. They are designed to work together. Most first home buyers use both.

What this actually means in plain English

Yes. This is exactly what most people do. You use your KiwiSaver for part of the deposit, the First Home Grant for more, and the First Home Loan to cover the rest. It is designed to work as a package. You do not have to choose one or the other.

Key Facts

Example

Kiwi Saver Balance: $25,000

First Home Grant: $5,000

Total Deposit: $30,000

House Price: $600,000

First Home Loan Covers: $570,000 (95%)

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