Pag-IBIG MP2 Savings Calculator
Project your Modified Pag-IBIG 2 (MP2) savings, estimated tax-free dividends, annual checkpoints, and maturity payout under custom or historical rate scenarios.
MP2 Savings Plan
₱85,946
5-Year Scenario Comparisons:
Year-by-Year Growth Checkpoints
| Year | Beginning Balance | Annual Deposits | Dividends Earned | Ending Balance |
|---|---|---|---|---|
| Year 1 | ₱10,000 | ₱12,000 | +₱1,175 | ₱23,175 |
| Year 2 | ₱23,175 | ₱12,000 | +₱2,113 | ₱37,288 |
| Year 3 | ₱37,288 | ₱12,000 | +₱3,118 | ₱52,405 |
| Year 4 | ₱52,405 | ₱12,000 | +₱4,194 | ₱68,599 |
| Year 5 | ₱68,599 | ₱12,000 | +₱5,347 | ₱85,946 |
Calculation Formulas & Steps
1. Annual Principal Accrual
Beginning annual balance plus cumulative monthly contributions across the 12 calendar months.
2. Monthly Weighted Dividend Calculation
Beginning balance earns full annual dividend. Monthly deposits earn dividends based on average months invested in the year.
3. Compounding or Annual Payout
Under Compounding, earned dividends are added to your balance for the next year. Under Annual Payout, dividends are paid out directly to your account.
Assumptions & Rules
- Future dividend rates and projected returns are not guaranteed. This model excludes tax on dividends under the program’s stated treatment.
- Dividends are declared annually by the Pag-IBIG Board of Trustees based on fund financial performance.
- Projections use planning assumptions; actual future dividend rates will vary each year.
Exclusions & Edge Cases
- Pre-termination before the 5-year maturity is subject to Pag-IBIG penalty rules (e.g. 50% dividend forfeiture unless for approved reasons such as total disability or permanent departure).
₱10,000 Initial Deposit + ₱1,000/mo for 5 Years @ 7.05%
A saver starts with ₱10,000 and deposits ₱1,000 every month for 5 years into MP2 under the 5-year compounding option with an assumed 7.05% annual dividend rate.
Sample Inputs
- Initial Deposit
- ₱10,000.00
- Monthly Savings
- ₱1,000.00/mo
- Term
- 5 Years
- Assumed Rate
- 7.05% p.a.
Result Breakdown
- Total Contributions
- ₱70,000.00
- Total Estimated Dividends
- ₱14,845.00
- Projected Maturity Value
- ₱84,845.00
Takeaway: Under compounding, your accumulated dividends remain in the fund and earn future dividends, increasing your maturity payout by ~21% above contributions.
What is the Modified Pag-IBIG 2 (MP2) Program?
Pag-IBIG MP2 is a voluntary 5-year savings program designed for active Pag-IBIG members (and retirees) looking for higher dividend yields than regular savings accounts.
MP2 dividends are 100% tax-free and backed by the Philippine government. Dividends are declared annually after Pag-IBIG audits its net income (at least 70% of which is distributed to members).
Historical MP2 Dividend Rates
Pag-IBIG MP2 has consistently delivered strong, market-beating returns over the past years:
- 2025: 7.12% (2025 Pag-IBIG declaration reported by the Philippine Information Agency)
- 2024: 7.10% (2024 Pag-IBIG declaration reported by the Philippine Information Agency)
- 2023: 7.05% (Pag-IBIG Fund Official Declaration for 2023 (7.05%))
- 2022: 7.03% (Pag-IBIG Fund Official Declaration for 2022 (7.03%))
- 2021: 6.00% (Pag-IBIG Fund Official Declaration for 2021 (6.00%))
- 2020: 6.12% (Pag-IBIG Fund Official Declaration for 2020 (6.12%))
- 2019: 7.23% (Pag-IBIG Fund Official Declaration for 2019 (7.23%))
- 2018: 7.41% (Pag-IBIG Fund Official Declaration for 2018 (7.41%))
Questions people ask next
Are MP2 dividends guaranteed?
Your invested principal in MP2 is 100% guaranteed by the Philippine government. The dividend rate itself fluctuates each year based on Pag-IBIG Fund's annual earnings, though historical returns have consistently exceeded traditional bank deposit rates.
Can I withdraw my money before 5 years?
Pre-termination is allowed only under specific conditions (retirement, total disability, serious illness, death, or permanent departure from the country). Voluntary early pre-termination for other reasons forfeits 50% of the total dividends earned.
Official Philippine Sources
Kasyafi calculators are updated against first-party government regulations, schedules, and circulars:
Continue with the next useful step
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