MP2 Calculator Calculator
MP2 Calculator

Not affiliated with Pag-IBIG Fund

Pag-IBIG MP2 Savings Calculator
₱
First payment or one-time lump sum. Min ₱500.
₱
Set to 0 for a one-time lump sum.
%
See historical rates in the sidebar.
Need custom rates for each year? Try the Advanced MP2 Calculator →
Total Contributions
₱—
Principal over 5 years
Compounded
₱—
Savings + Dividends reinvested
Annual Payout
₱—
Savings + Dividends received
Compounded Savings

Dividends are reinvested each year, compounding your total accumulated value.

Year Savings Dividend TAV
Total —

TAV = Total Accumulated Value

Annual Dividend Payout

Dividends are credited to your bank account each year. Savings grow without dividend compounding.

Year Savings Dividend TAV
Total —

TAV = Total Accumulated Value

How MP2 Dividends Are Computed
Year 1 Formula
D = ((sa + cs) / 2) × dr
e.g. ((500 + 6,000) / 2) × 7.5% = ₱243.75
Years 2–5 Formula
D = ((tav + mc + cs) / 2) × dr
e.g. ((6,243.75 + 500 + 12,243.75) / 2) × 7.5% = ₱712.03

Key:

  • D  Dividend earned
  • sa  Starting amount
  • cs  Cumulative savings (year-end)
  • dr  Dividend rate
  • tav  Total accumulated value (prior year)
  • mc  Monthly contribution
How to Start Saving in MP2
1
Open an MP2 Savings Account

Enroll online via Virtual Pag-IBIG, or visit any Pag-IBIG Fund branch and submit your MP2 Enrollment Form.

2
Make Your Savings

Pay via Virtual Pag-IBIG (GCash, PayMaya, debit/credit card) or through accredited collecting partners (SM Business Centers, Bayad, M. Lhuillier, and more).

Frequently Asked Questions

The Modified Pag-IBIG II (MP2) Savings Program is a special voluntary savings facility with a 5-year maturity, designed for active Pag-IBIG Fund members who wish to save more and earn higher dividends, in addition to their regular Pag-IBIG savings.

  • Minimum savings of ₱500 per remittance
  • Earns higher dividends than regular Pag-IBIG Savings
  • Dividends are tax-free; can be withdrawn annually or at 5-year maturity
  • MP2 Savings are government-guaranteed

Active Pag-IBIG members (at least one contribution in the last 6 months). Also open to former members (pensioners/retirees) with at least 24 monthly savings prior to retirement, and natural-born Filipinos who reacquired citizenship under RA 9225.

Open online via Virtual Pag-IBIG — the quickest option. Or visit any Pag-IBIG Fund branch and submit an accomplished MP2 Enrollment Form.

Minimum is ₱500 per remittance. There is no maximum. However, one-time savings above ₱500,000 must be remitted via Manager's Check, and savings above ₱100,000 require proof of source of funds.

You choose at enrollment: compounded (reinvested, full withdrawal after 5 years) or annual payout (credited to your bank account each year). The payout mode is fixed for the 5-year term.

Pre-termination is allowed for valid reasons: total disability, retirement, permanent migration, unemployment due to layoff, OFW repatriation, death of the account holder, or critical illness. Early withdrawal results in a 50% forfeiture of dividends earned.

Unclaimed savings stop earning at the MP2 rate after maturity. They continue earning at the lower regular Pag-IBIG rate for 2 more years, then stop earning dividends entirely.

Yes. You may open and maintain multiple MP2 accounts simultaneously, each with its own payout mode and maturity date. You can also re-apply for a new account once one matures.

Claim online via Virtual Pag-IBIG, or over the counter at any Pag-IBIG Fund branch by submitting an Application for Provident Benefits (APB) form.
Historical MP2 Dividend Rates

Pag-IBIG Fund credits ≥70% of its annual net income to member savings. The more you save, the more you earn.

YearDividend Rate
20257.12%
20247.10%
20237.05%
20227.03%
20216.00%
20206.12%
20197.23%
20187.41%
20178.11%
20167.43%
20155.34%
20144.69%
20134.58%
20124.67%
20114.63%