Kainga Ora First Home Partner Calculator

This calculator estimates how a Kainga Ora First Home Partner shared ownership purchase would be split in New Zealand, showing the government's contribution, your deposit, the mortgage you would need, and the share of the home you would own. First Home Partner is a shared equity scheme designed to get first home buyers over the line when a deposit and mortgage alone fall short. Kainga Ora buys a share of the home alongside you, which lowers the amount you have to borrow and the deposit you need, and you live in the home as the owner-occupier. The government's contribution can be up to twenty-five percent of the purchase price, capped at two hundred thousand dollars, and you generally need at least a five percent deposit of your own. Over time you buy back Kainga Ora's share in stages until you own the property outright. You enter the purchase price, your deposit percentage, and the share Kainga Ora would take, and the calculator works out each party's dollar contribution, your starting mortgage and your ownership percentage. Use it to see whether shared ownership bridges your gap, remembering the eventual buy-back is priced on the home's future value. Eligibility and scheme rules change, so confirm current details with Kainga Ora. Estimate only, not financial advice.

Government share capped at 25% or $200,000, whichever is lower; usually a 5% minimum deposit. Buy-back is priced on future value. Confirm with Kainga Ora. Estimate only.