Getting your deposit together

So you’ve been dreaming about a place to call your own – one that you can put your own stamp on and grow into over the years.

All that’s standing in the way is … the money honey.

Let’s face it, buying your first home today will involve coming up with a fair chunk of cash. At this stage, it’s all about the numbers! Before going any further, let’s hit pause to find out what you can afford and how you’re going to get there. The good news is, as a first-home buyer there’s help available to boost you onto the property ladder, so be sure to take advantage if you qualify.

Keep reading to get the nitty-gritty on how to use KiwiSaver to buy a house and the first-home withdrawal rules, how much you’ll need to save for a deposit and tips on reaching that 20% sooner (in some cases, 10% might even be enough!).

Saving for your first home can be

Saving for your first home can be hard, just ask Shelley and Deon.
But AMP can make it easy-as. 

Step two - finding your first home

Take me there

Useful tools and products

For people looking to build their deposit

  • Financial fitness check - Take a free 5-minute financial fitness check to help make all that complicated money stuff, simple
  • AMP KiwiSaver Scheme Join or switch - Joining the AMP KiwiSaver Scheme is easy & only takes 5 minutes
  • Fund selector - Find out what AMP KiwiSaver Scheme funds suit you. Whether you’re new to KiwiSaver or a sophisticated investor, we’ve got the right choice for you.

View all tools

Continue with the journey

and take me to:

Important information

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AMP Wealth Management New Zealand Limited is the issuer of the AMP KiwiSaver Scheme. For a copy of the AMP KiwiSaver Scheme Product Disclosure Statement or Fund Update Booklet please visit The articles / content in this First Home Hunters’ Hub aim to give you a general understanding of the process of buying your first home. The articles don’t take into account your financial knowledge or your actual financial situation.

The content on the First Home Hub is for information only. The information provided is of a general nature and does not constitute financial advice or other professional advice. Before taking any action, you should always seek financial advice or other professional advice relevant to your personal circumstances.

For personal financial advice, we recommend you contact your Adviser or if you don't have an Adviser, contact us on 0800 267 263 and we can put you in touch with one.

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