First Home Buyers 2026

From renter to
homeowner.

Whether you're buying solo, with a partner, or with family support — we've mapped every path to your first home in 2026. See exactly where you fit and how to start.

Solo
Couple
Family
Govt Help
Your First Home

Find your path
in 30 seconds

Every first home buyer's situation is different. Here's a quick look at the most common paths in 2026.

If you are...
Best Path in 2026
Key Requirement
Solo Buying Alone
First Home Loan (Kainga Ora)
5% deposit + Income under $95k
Couple Buying Together
Standard Bank Mortgage
10-20% deposit + Combined income
Short Low on Deposit
First Home Partner (Shared Equity)
5% deposit + 15yr buy-out plan
Family Bank of Mum & Dad
Guarantor or Gifted Deposit
Family equity or cash gift

Four ways to get from
renting to owning

Every situation is different. Find the one that fits yours — or come talk to us and we'll map it out together.

Solo Buyer
5%
Minimum Deposit
Income cap: $95k single
Via Kainga Ora First Home Loan
Scenario A

The Solo Climber
Doing it alone

Buying your first home solo is a massive achievement. In 2026, the gap between renting and buying has narrowed, making it more achievable for individuals.

The Path: Most solo buyers utilise the Kainga Ora First Home Loan, which requires only a 5% deposit. Combined with your KiwiSaver withdrawal, you might be closer than you think.
Top Tip: Focus on your debt-to-income ratio. Clearing your car loan or credit card debt before applying can significantly boost your borrowing power.
Power Couple
10%
Standard Deposit
Two incomes, two KiwiSavers
Bypass govt price caps
Scenario B

The Power Couple
Buying with a partner or friend

Two incomes are better than one, but combined debt can also be a hurdle. The good news? Together you can often bypass government grant price caps and access better properties.

The Path: With a 10% deposit from combined savings and both KiwiSavers, you can often go for a standard bank loan — giving you more property choice and higher price ranges.
Top Tip: Banks will scrutinise your lifestyle spending. We recommend a 3-month "financial detox" to show clean bank statements before you apply.
Family Boost
0%
Cash Deposit Possible
Guarantor loan or gifted deposit
Fastest path to ownership
Scenario C

The Family Boost
With Mum, Dad, or whanau

The "Bank of Mum and Dad" is a 2026 staple. You don't necessarily need your parents to give you cash — their home equity could be enough.

The Path: Guarantor loans let parents use the equity in their own home to back your deposit. In some cases, you can get in with zero cash deposit of your own.
Top Tip: This requires legal advice for both parties, but it's the fastest way to leapfrog years of saving. We coordinate the whole process.
Kainga Ora
2
Schemes Available
First Home Loan: 5% deposit
First Home Partner: Shared equity
Scenario D

The Government Boost
Kainga Ora schemes

Kainga Ora offers two primary leg-ups for those who qualify. These can be combined with your own savings and KiwiSaver to get you over the line.

First Home Loan: Buy with just 5% deposit. Income caps apply ($150k for couples).
First Home Partner: They buy a share of the house with you (shared equity). You buy them out over 15 years.
Top Tip: Not sure if you qualify? That's literally what we do. We'll check your eligibility across all schemes in one conversation.

Where does the
money come from?

Most first home buyers combine multiple sources. Here are the three main building blocks.

Your Savings

Cash you've saved in a bank account. The foundation of your deposit. Even small amounts count when combined with other sources.

KiwiSaver

After 3+ years as a member, you can withdraw most of your KiwiSaver balance for your first home. Both partners can withdraw theirs.

Kainga Ora or Family

Government schemes (First Home Loan, First Home Partner) or family support via guarantor loans or gifted deposits can bridge the gap.

First home buyers
ask us everything

While 20% is the "gold standard," most first-home buyers can enter the market with 5% to 10% using Kainga Ora schemes or low-equity bank products. We'll map which option fits your situation.

Yes. You and your partner can both withdraw your KiwiSaver (provided you've been members for 3+ years) to combine into one deposit. This is one of the most powerful tools for first home buyers.

As of 2026, the limit is generally $95,000 for a single buyer and $150,000 for two or more buyers. These caps can change, so it's worth checking with us for the latest numbers.

A bank "no" isn't always final. We specialise in finding the path the bank didn't tell you about — whether that's restructuring debt, using a different scheme, or exploring guarantor options. We call it "The Hard Yes."

Absolutely. Buying with a friend, sibling, or any trusted person is increasingly common. The key is proper legal structure — ownership agreements, exit terms, and clear responsibilities. We help set all of that up through our Pair-Up programme.

From first conversation to pre-approval can be as quick as 2-4 weeks. From pre-approval to keys in hand depends on finding the right property, but typically 2-4 months. We map the whole timeline for you upfront.

Stop guessing.
Start planning.

Our mortgage experts specialise in "The Hard Yes." Even if the bank said no, we look at every scenario to find the path they didn't tell you about. Get your free home-ready assessment.

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