27/08/2026
๐๐๐ซ๐ ๐๐ค๐ง๐ ๐ค๐ง ๐ฝ๐ช๐ฎ ๐๐ค๐ค๐ฃ๐๐ง? ๐๐๐ ๐ฟ๐๐ฅ๐ค๐จ๐๐ฉ ๐ฟ๐๐๐๐จ๐๐ค๐ฃ ๐๐๐๐๐ฃ๐ ๐๐๐ง๐จ๐ฉ-๐๐ค๐ข๐ ๐ฝ๐ช๐ฎ๐๐ง๐จ.
Is a 20% deposit really the only way to buy your first home? It's long been treated as the standard, and it does come with real advantages, but reaching it can take years, and a lot can change in that time.
In this week's update, I look at a question more first home buyers are asking, is it better to keep saving towards 20%, or could the deposit you already have be enough to buy sooner?
I cover:
โข Why 20% is a benchmark, not always a requirement
โข What you actually gain by waiting, and what it can cost you
โข How to tell if your savings are keeping pace with your target property price
โข Why the smallest possible deposit shouldn't be the goal
โข The different ways buyers are putting deposits together, from KiwiSaver to family support
There's no single right answer here, it comes down to comparing your real numbers for both paths.
Click the link to read more: https://linktr.ee/lindaeagleton
Feel free send this to someone who could use my help.
Lindaโจ ๐ฒ 027 302 1125
Linda's Weekly Finance Update ๐ฐ๐ก