How Much Deposit Do You Really Need to Buy a Home in New Zealand?

Aswin Baskaran
Jul 5
1 min read

One of the biggest myths is that you must save a 20% deposit.

While this is ideal, many buyers purchase with less.

Deposit Options

20%

The easiest way to access competitive interest rates.

10%

Possible for many owner-occupiers.

Less than 10%

May still be available under certain lending policies.

Ways to Build Your Deposit

KiwiSaver
Regular savings
Family assistance
Selling another property

Why Deposit Size Matters

A larger deposit usually means:

Better interest rates
More lender options
Lower repayments

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Deposit Options

20%

10%

Less than 10%

Ways to Build Your Deposit

Why Deposit Size Matters

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