You Don’t Need a 20% Deposit – Here’s How First Homeownership is Within Reach With Just 10%
If you think you need a massive 20% deposit to buy your first home in New Zealand, we’ve got great news—you don’t! With as little as a 10% deposit, you could be on your way to homeownership much sooner than you thought.
At Aera, we’re all about helping first-home buyers get into their homes faster, smarter, and with less stress. The biggest myth holding people back? Thinking they need to save for decades just to reach 20%. The reality is, banks do approve home loans with a 10% deposit, and we’re here to help you get there.
Saving for a 20% deposit can feel impossible—especially when you're paying rent and dealing with rising costs. But with a 10% deposit, the numbers start working in your favour:
🏡 Buy Sooner – Stop waiting and start owning. A lower deposit requirement means you can enter the market quicker.
💰 Keep More Savings – Instead of draining your entire savings, you keep extra funds for legal fees, moving costs, or even furnishing your new home.
📈 Start Building Equity – Owning means you benefit from any future property growth instead of paying someone else’s mortgage.
At Aera, we don’t just tell you that a 10% deposit is enough—we help you make it happen. Here’s how:
First Home Coach – You’ll get a personal expert who builds a clear step-by-step plan to get you mortgage-ready.
First Home Finder – Once you're close, we match you with new-build homes that fit your budget.
Higher Interest Savings – Grow your deposit faster with Aera’s exclusive high-interest savings accounts.
Up to $10K Towards Your Deposit – We share our commission with you, giving you up to $10,000 towards your first home.
If a 20% deposit has been stopping you from even looking—think again. With Aera’s help, you could be closer than you think to owning your first home.
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