Learn more about how we can help you unlock your home equity. Call us today on 1300 643 539
Unlock your busy mid-life with an Australian first, Midkey.
A revolutionary new 1st or 2nd mortgage home loan.
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Pay all principal and simple interest at the end of the loan. NO MONTHLY PAYMENTS.
Simply, it unlocks some of your home equity to improve your cashflow and choices.
In exchange for no monthly payments, you pay a fee at the end. This Midkey Deferral Fee is a proportion of any increase in your home’s value. The proportion is your Midkey home loan amount to your home’s value and is agreed at the start. No increase, no Midkey Deferral Fee.
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A new type of home loan
$0.00
Monthly payments (principal or interest)
7.6%
Interest rate PA (simple interest)
Deferral Fee
At the end of term
Other fees apply. Please read the FAQs for details
How can I use Midkey?
Dreams and challenges
Access additional debt for exciting opportunities. Manage life’s costly curveballs. Build that business. Renovate your home. Buy a new car. Pay the school fees. Pay unforeseen medical expenses.
Property investment
Buy a larger home or buy a second property - or even help a family member purchase their property.
Reduce regular debt payments
Pay off more of your home loan or pay off other debt such as car loans or credit cards, and in turn, reduce your regular monthly debt payments.
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" I was asset-rich but stretched and, on my single income, I was unable to borrow enough money from traditional lenders to fund the extensive renovation this house needs. Midkey gave me options otherwise not available to me. ”
Cheryl
Banker, Coogee NSW
“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”
Chris
Ad executive, Mosman, Sydney
An exciting innovation for Australians
Offering responsible, mid-life borrowers a new solution in a busy and expensive phase of their life.
TODAY
Convert part of your home into cash
Release some of your home’s value as cash for your dreams or challenges now, with no monthly payments.
TOMORROW
More choices to control your future
Acquire another property, make aspirational purchases, improve cashflow, pay off some debt with no on-going fees or additional monthly payments.
LATER
Repay us at the end
Pay your principal and simple interest payments at the end of your Midkey loan.
How much can I unlock?
Add your mortgage details into our calculator to instantly see how much cash you may be able to unlock with a Midkey
It’s a simple process
Get an estimate today
Use our calculators to see how much you can borrow and how it works. Apply online to see in minutes if you are pre-approved.
Your Midkey journey starts with a simple and instant estimation by submitting your basic information into our online application.
Generally, all you’ll need to start your estimate is;
1. value of your home (existing or target)
2. if you are applying for a second mortgage, the remaining amount of your first mortgage home loan
3. the address of your property
1. value of your home (existing or target)
2. if you are applying for a second mortgage, the remaining amount of your first mortgage home loan
3. the address of your property
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Submit your application
Complete a simple online application form.
Complete your application through our online portal. Our process requires minimal documentation and uploads. It’s easy to use and accessible anytime for you to update your documents. And when you have further questions, our Australian-based team members are ready to help you.
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Unlock your Midkey
Decide how much cash you want to access.
Once your uploaded documents have been reviewed by Midkey and your loan approved, you will receive an offer letter.
Easy as that. We can then move efficiently to provide your funds once you are ready.
Listen to Midkey borrowers
explain why they got a Midkey
Meet The Unlockers:
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.”
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.”
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.”
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.”
Frequently asked questions
Take a look at the most commonly asked questions.
What is a Midkey “No Monthly Payments” Home Loan?
How do I qualify for a Midkey “No Monthly Payments” Home Loan?
How much can I borrow using a “No Monthly Payments” Home Loan?
What do I pay at the end of a Midkey?
How is a Midkey “No Monthly Payments” Home Loan different from a traditional home loan?
If I have a Midkey “No Monthly Payments” Home Loan who owns my home?
Is Midkey a bank?
What is a Midkey Deferral Fee?
41.4%
of an average Australian borrowers’ income is needed to service a mortgage
Source: ANZ Corelogic Housing Affordability Report (March 2022)
