First Home Grant

In addition to Kiwisaver, if you earn under the threshold for your region, and you are buying for less than the capped value for your region, you may be eligible for a First Home Grant of up to $5,000 per borrower for an existing house ($1,000 per year that you’ve been in Kiwisaver), and up to $10,000 per borrower for a new build.

To be eligible:


  • You have contributed at least 3% of your income to a Kiwisaver scheme for at least three years.
  • You are planning to live in the house for at least six months
  • You meet the income threshold 
  • You house value meets the threshold for your region.