Pag-IBIG Contribution Calculator
Estimate mandatory and voluntary Regular Pag-IBIG (HDMF) savings under the adjusted ₱10,000 Maximum Fund Salary rules.
Pag-IBIG Regular Inputs
₱200
Calculation Formulas & Steps
1. Apply Maximum Fund Salary (MFS) Cap
Monthly fund salary is capped at ₱10,000.00 (increased from ₱5,000 under Circular 460).
2. Compute Mandatory Regular Savings
For monthly compensation above ₱1,500, the mandatory rate is 2% Employee (max ₱200) and 2% Employer (max ₱200). For <= ₱1,500, employee rate is 1%.
3. Voluntary Top-Up Savings
Members can choose to contribute an additional voluntary amount on top of the mandatory ₱200.
Assumptions & Rules
- Follows Pag-IBIG Fund Circular No. 460 effective February 2024 onwards.
- Maximum Fund Salary is ₱10,000 per month.
Exclusions & Edge Cases
- Voluntary contributions to Regular Pag-IBIG do not automatically reduce your BIR taxable income under current revenue rules.
- Modified Pag-IBIG 2 (MP2) is a separate voluntary 5-year savings program calculated separately.
₱30,000 Monthly Salary with ₱10,000 MFS Cap
An employee earns ₱30,000 monthly basic compensation under HDMF Circular 460.
Sample Inputs
- Monthly Salary
- ₱30,000.00
- Max Fund Salary (MFS)
- ₱10,000.00
Result Breakdown
- Mandatory Employee Share (2%)
- ₱200.00/mo
- Employer Share (2%)
- ₱200.00/mo
- Total Monthly Savings Credited
- ₱400.00/mo
- Annual Credited Savings
- ₱4,800.00/yr
Takeaway: Under Circular 460, the Maximum Fund Salary is capped at ₱10,000, setting mandatory regular Pag-IBIG savings to ₱200 from the employee and ₱200 from the employer.
HDMF Circular 460 Maximum Fund Salary Adjustment
Effective February 2024, Pag-IBIG Fund implemented Circular No. 460, which adjusted the Maximum Fund Salary (MFS) from ₱5,000 to ₱10,000.
This adjusted the mandatory monthly savings from ₱100 to ₱200 for employees earning ₱10,000 or more, matched by an employer counterpart of ₱200, doubling the monthly total credited to each member's Regular Pag-IBIG account to ₱400.
Questions people ask next
Can I contribute more than ₱200 per month to Regular Pag-IBIG?
Yes! You can upgrade your monthly regular Pag-IBIG contribution to any amount. Your employer is only required to match up to the statutory ₱200 cap unless company policy provides a higher match.
How is Regular Pag-IBIG different from MP2?
Regular Pag-IBIG is your mandatory membership fund that also qualifies you for housing loans and calamity loans. MP2 (Modified Pag-IBIG 2) is a voluntary 5-year high-yield savings program with higher annual dividend rates.
Official Philippine Sources
Kasyafi calculators are updated against first-party government regulations, schedules, and circulars:
Continue with the next useful step
Pag-IBIG MP2 Calculator
Project 5-year savings and dividends in the MP2 voluntary program.
Salary Calculator
Calculate take-home pay with all government contributions.
Pag-IBIG regular savings explained
Separate mandatory shares, voluntary additions, and remittance checks.
What is Pag-IBIG MP2?
Understand why MP2 is separate from regular savings.
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