What government help is available besides KiwiSaver?

Short answer: First Home Grant (up to $10,000), First Home Loan (5% deposit), First Home Partner (shared equity).

What this actually means in plain English

Besides KiwiSaver, you can get the First Home Grant (up to $10,000 cash), the First Home Loan (5% deposit), and in some cases the First Home Partner shared equity scheme. These are separate programs. You can combine them.

Key Facts

First Home Grant: cash toward deposit
First Home Loan: lower deposit requirement
First Home Partner: government co-owns up to 25%
Each has separate eligibility criteria

Example

Kiwi Saver: Your savings

First Home Grant: Up to $10,000

First Home Loan: 5% deposit instead of 20%

First Home Partner: Govt owns 25%, you own 75%

Related

Back to Stackhold