Pag-IBIG MP2 Calculator

MP2 Savings Calculator

Calculate your Pag-IBIG MP2 savings and dividend projections for 5 years

How to Use This Calculator

Choose the calculator mode that best fits your needs and follow the simple steps below:

SimpleBest for: Quick estimates

Fixed Contributions

Enter one monthly amount

Set a single dividend rate

Same values apply to all 5 years

⏱️ Takes ~30 seconds

AdvancedBest for: Yearly planning

Yearly Variations

Set different amounts per year

Use historical dividend rates

Plan for salary increases

⏱️ Takes ~2 minutes

Custom MonthlyBest for: Precise tracking

Month-by-Month

Input each month individually

Perfect for irregular income

Use quick-fill for faster input

⏱️ Takes ~5 minutes

StepsGeneral Guide

1

Choose Mode

Select Simple, Advanced, or Custom Monthly tab

2

Input Values

Enter your contribution amounts and dividend rates

3

Calculate

Click the Calculate button to see your projections

4

Export

Download CSV or print your results for records

💡 Pro Tips

  • • Custom Monthly Mode: Type an amount in the "Fill amount" box and press Enter to apply it to all months
  • • Dividend Rates: Historical rates range from 5-8%. Use 5% for conservative, 7% for optimistic estimates
  • • Planning Increases: Use Advanced mode to project salary increases year over year
  • • Irregular Income: Freelancers and business owners should use Custom Monthly for accurate planning
  • • Reset Anytime: Click Reset to clear all fields and start fresh

Same amount and rate for all months/years

MP2 Savings Formula

Understanding how your MP2 savings grow over time

Basic Formula:

Year 1: Savings = (Monthly × 12) + (Total × Rate)

Year N: Savings = Previous Savings + (Monthly × 12) + (New Total × Rate)

Step-by-Step Calculation:

1

Calculate Annual Contribution

Multiply your monthly contribution by 12 months

Annual Contribution = Monthly × 12
2

Add to Total Savings

Add your annual contribution to your accumulated savings

Total Savings = Previous Savings + Annual Contribution
3

Calculate Annual Dividend

Multiply your total savings by the dividend rate

Dividend = Total Savings × (Rate ÷ 100)
4

Add Dividend to Savings

Your dividend is added to your total, compounding your savings

Final Savings = Total Savings + Dividend

Example Calculation:

Given: Monthly Contribution = ₱5,000, Dividend Rate = 5%

Year 1:

• Annual Contribution = ₱5,000 × 12 = ₱60,000

• Total Savings = ₱60,000

• Dividend = ₱60,000 × 0.05 = ₱3,000

• Final = ₱60,000 + ₱3,000 = ₱63,000

Year 2:

• Previous Savings = ₱63,000

• Add Contribution = ₱63,000 + ₱60,000 = ₱123,000

• Dividend = ₱123,000 × 0.05 = ₱6,150

• Final = ₱123,000 + ₱6,150 = ₱129,150

Important Notes:

  • Dividends are based on your total accumulated savings
  • The dividend rate varies each year (historically 5-8%)
  • Dividends are tax-free for savings up to 5 years
  • You can withdraw after 5 years with full dividends

How to Save in MP2

A step-by-step guide to start your MP2 savings journey

Eligibility Requirements

Must be an active Pag-IBIG member with regular contributions

Have a valid Pag-IBIG Member ID (MID) number

No minimum or maximum contribution amount required

Ways to Save

1. Online via Virtual Pag-IBIG

  • Register at www.pagibigfundservices.com
  • Log in to your Virtual Pag-IBIG account
  • Select "MP2 Savings" and choose payment method
  • Pay via online banking, credit card, or e-wallet

2. Partner Collection Facilities

  • Pay at authorized banks (BDO, Landbank, UnionBank, etc.)
  • Visit payment centers (Bayad Center, SM Bills Payment, etc.)
  • Use mobile apps (GCash, PayMaya, etc.)
  • Bring your MID number and desired contribution amount

3. Pag-IBIG Branch

  • Visit any Pag-IBIG branch nationwide
  • Fill out the MP2 Savings Application Form
  • Submit payment via cash or check
  • Get your official receipt

4. Salary Deduction (For Employed Members)

  • Request your employer to deduct MP2 from your salary
  • Fill out authorization form from your HR department
  • Specify your monthly MP2 contribution amount
  • Automatic monthly deduction from payroll

Key Benefits

Higher Dividends

Earn more than regular savings with rates typically 5-8% annually

Tax-Free Earnings

Dividends are tax-exempt for savings up to 5 years

Flexible Contributions

No minimum amount - save as much as you can afford

Government-Backed

Secure investment backed by the Philippine government

⚠️ Important Reminders

  • MP2 savings have a 5-year maturity period for full benefits
  • Early withdrawal (before 5 years) may result in loss of dividends
  • Keep your payment receipts for reference
  • Update your contact information to receive dividend declarations

Frequently Asked Questions

Common questions about Pag-IBIG MP2 Savings Program

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