The no monthly payments loan for responsible homeowners

Unlock your equity, reduce your monthly outgoings, or boost your buying power.

Your Midkey Journey

Everything you need to know, in just 4 steps.
*Subject to terms and conditions. Additional repayment triggers may apply.

What our borrowers have to say

"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

Why Midkey is different

Traditional Home Mortgage
Reverse Mortgage
Unregulated Loans
Bridging
Loans
No monthly payments
Looks at more than just your income
Long/no loan term
Available in addition to an existing mortgage
Welcomes a broad range of borrowers (18+)
Simple* accruing interest
Cheap loan option
*Click here to learn more about ‘simple vs compounding’ interest.
Availability depends on lender and loan terms.

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.

What type of property do you own?

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
$

Explore our borrower stories

Midkey is a much-needed no-brainer for us. Midkey showed us how we could reduce our monthly payments  overall on our existing mortgage, by 10%.

We did this by placing the cash from our Midkey into our offset account with our existing mortgage and we will draw on it over time to fund our school fees”
– Chris, Advertising Executive
Read full article

Midkey is a much-needed no-brainer for us. Midkey showed us how we could reduce our monthly payments  overall on our existing mortgage, by 10%.

We did this by placing the cash from our Midkey into our offset account with our existing mortgage and we will draw on it over time to fund our school fees”
– Chris, Advertising Executive
Read full article

Dive
deeper
into Midkey

What you’ll pay, and when you’ll pay it

Start of the loan

Valuation fees
Establishment and setup fees

During the loan

Nothing
Payments may be required if you either default on your Midkey loan, default on any priority debt, or your Midkey loan exceeds 100% LVR – see our FAQs for more details.

Start of the loan

Principal
Payments may be required if you either default on your Midkey loan, default on any priority debt, or your Midkey loan exceeds 100% LVR – see our FAQs for more details.
Deferral Fee
Payments may be required if you either default on your Midkey loan, default on any priority debt, or your Midkey loan exceeds 100% LVR – see our FAQs for more details.
Valuation and Discharge Fees
Simple interest
Owner-occupied House
Simple interest rate1
7.35%
Comparison Rate2
4.41%
Investment House
Simple interest rate1
7.35%
Comparison Rate2
4.41%
Apartment
Simple interest rate1
7.35%
Comparison Rate2
4.41%

See if Midkey is right for you

1
2
3

Property Type

Owner-occupied house
Investment house
Apartments

Eligible Postcodes

Midkey is available in most Australian capital cities.
Check your eligibility

Sufficient Equity

You must have at least 20% usable equity in your owner-occupied house, or 25% for an investment house or apartment.
4
5
6

Type of Home Loan

If you have an existing mortgage, it must be a standard ‘principal plus interest’ home loan.

Australian Citizenship

You are an Australian citizen over the age of 18.

Final Approval

Your application is subject to Midkey’s loan assessment and final approval.
It’s simple. We’re here to help, whenever you’re ready.
Take your time, we’ll be here with helpful tools whenever you’re ready to act.
Or call us on 1300 643 539. No pressure, just help.

Message us

Leave us a message and we'll be in touch within 2 business days.
Thanks for reaching out to Midkey!

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