The no monthly payments loan for responsible homeowners

Unlock your home's equity or reduce monthly payments, with Midkey’s revolutionary
NO MONTHLY PAYMENTS loan.
Responsibly unlock your home equity or consolidate your debt payments with Midkey’s revolutionary NO MONTHLY PAYMENTS loan.

Takes 3 minutes

Already know you’re eligible? Apply now

Midkey is the innovative lending solution for smart borrowers of all ages as an alternative to traditional lenders. Our loan has no monthly payments including interest and principal. Pay back Midkey when you are ready or when you sell your home.

What makes Midkey a better solution?

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As featured in

How much does it cost?

1

What you pay at the start of your loan

Valuation fees
Establishment and setup fees
2

What you pay during the life of your loan

3

What you pay at the end of your loan

Simple interest (7.6% p.a.)
Valuation and Discharge fees
*provided (i) you are not in default under your Midkey loan, and (ii) the loan-to-value ratio of your mortgaged property has not exceeded 100% during the life of your loan.
**After we apply an initial 5% valuation discount.

How can a Midkey loan help you?

Take advantage of financial opportunities or consolidate debt when traditional lenders are unable to help.
Lower your
existing monthly payments
Pay off other
debt
Start or grow your business
Navigating
Divorce
Pay education
fees
Renovate your property
Buy an investment property
Buy a bigger
house
Help your kids buy a home
Unexpected healthcare

Designed for responsible borrowers

The average credit score of our borrowers is very good.
Innovation doesn’t mean irresponsible.

We’ve already helped manyAustralians unlock their midlife...

Cheryl
" I was asset-rich but stretched and, on my single income, I was unable to borrow enough money from traditional lenders for the extensive renovation this house needs. Midkey was the key to my future and gave me options otherwise not available to me. ”
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Banker,
Coogee NSW
Chris
“We got quick access to cash which didn’t impact our monthly outgoings. It’s so straightforward… it’s just a wonderful way of leveraging the biggest asset that you own”
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Ad Executive,
Mosman NSW
Elizabeth
" Our dream of giving our eldest daughter a lump sum towards her deposit has come true. Instead of buying a one-bedroom apartment, now she can buy a three-bedroom house in a better suburb. ”
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Part-time Carer,
Brisbane QLD
Dianna
" My only other option was to sell and downsize, but I hadn’t planned to do that for another five to ten years. Without Midkey I would have lost my life as it was. ”
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Contractor,
Mittagong, NSW
Glenn
" I admit I was sceptical at first, but then I looked online and did my research to understand the business model and it made sense. With Midkey you are paying a small premium to live your life now, for the freedom to do what you want to do now. ”
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Health Professional,
North Epping, NSW
Mark
" By doing that I have reduced the monthly payments on my existing mortgage by more than 50% so now I feel less constrained, freer. It’s for people with a vision … to create a pathway in these times, harness the power of initiative. ”
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Finance Professional,
Kellyville, NSW
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How much can I unlock?

Add your financial details into the calculator to see how much cash you may be able to unlock with a Midkey loan.

How much is your existing or future home worth?
(agreed initial value)

$1,700,000
$500,000
$10,000,000

How much do you owe on your current (or intended) mortgage, excluding offset amount?

$0
$800,000

How much of your current mortgage would you like to pay off with a Midkey loan (if any)?

$0
$300,000
Midkey may be able to lend you1:
$
See impact on your current monthly payments
Your current monthly payments (estimated)
Your current mortgage2
$
Your estimated current mortgage monthly payments3
$
Your monthly payments when including a Midkey (estimated)
Your current mortgage amount (reduced by Midkey proceeds)4
$
Your estimated current mortgage monthly payments3
$
Your monthly payments for your Midkey loan5 (always $0)6
$
Your reduction in monthly payments because of your Midkey loan
$
The maximum you can borrow at the start of the Midkey loan is:

30% of your home’s value

When you plan to keep your existing bank mortgage but want more.

Note: Your  bank mortgage plus your Midkey loan combined cannot exceed 80% of your home’s value. For example, if your bank mortgage equals 65% of your home’s value, the maximum you can borrow from Midkey is 15% of your home’s value. However, if your bank mortgage equals 20% of your home’s value, the maximum you can borrow from Midkey is still capped at 30% of your home’s value.

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35% of your home’s value

When you don’t have an existing bank mortgage on your home.

It takes less than three minutes to check your eligibility, with no risk to your credit score.

Check Eligibility

Trusted by our borrowers

Check out our latest Trustpilot reviews

"Midkey's entry has provided a truly innovative product, that not only allows homeowners to tap into their home equity but with no monthly payments. For me, Midkey helped me to pay off outstanding debts, improve cashflow at a time of rising rates and attend to much needed home renovation. Without hesitation, I highly recommend Midkey for its innovative home loan products and incredible customer service."
Daniel - Balmain East, NSW
12 October 2023
"Midkey and Amanda are an amazing company to deal with, from start to finish. Amanda was professional. She explained everything about the product. If you are an older person nearing retirement and have equity in your home that you can’t access because the banks don’t want to know you, then this product could be for you. They worked with us from the beginning to achieve the end result we were after. Thank you Midkey for making our life so much better."
Denise D - Kirkham, NSW
12 September 2024
“Midkey and Amanda were superb. Midkey is meeting a gap in the market for home finance which the banks ignore older people with home equity. It is a national tragedy that people over 55 struggle to get housing finance, especially those that are self-employed including in the professions. Amanda was supremely helpful and pleasant and knowledgeable to deal with.”
Dr David Millhouse - Spring Hill, QLD
10 July 2024
"Amanda Hall, as the rep for Midkey, was nothing other than amazing to deal with. Not only is the product Midkey offers amazingly suitable for homeowners who have built up equity in their home, but their customer service is also incredible. Amanda listened to what we wanted to achieve from the process; clear debt and prepare for our upcoming wedding, and she made it happen in a seamless manner. I can't speak highly enough of Amanda and the product Midkey offer."
David - Labrador, QLD
17 June 2024
"My wife and I were at a loss as to how to afford our dream home, in a high-interest rate environment, being somewhat equity rich but cash poor. When a close friend introduced us to Midkey, we were delighted when Richard Young and Amanda Hall outlined how we could comfortably afford our dream home. Better still, without regular, ongoing repayments, but by accessing our home’s future equity uplift. It’s a modern, win-win product from a group of genuinely good people at a small, financially innovative company - Midkey. We’re sincerely grateful."
Stuart - Clontarf, NSW
2 December 2023
"Midkey provided an amazing financing solution that enabled us to use equity in our home to help improve our cashflow. Their process was easy and turnaround time amazing! Amanda Hall needs special mention."
Raja Ratnam - Cooks Hill, NSW
15 Jan 2024

What Midkey customers have to say

Frequently asked questions

Take a look at the most commonly asked questions.

Let's get started

Find out if you’re eligible.
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