Pag-IBIG MP2 Savings Calculator
Project your 5-year MP2 maturity value with an initial deposit, monthly contributions, and an editable dividend rate. The default rate is the 5-year historical average (6.75% p.a.) of declared MP2 dividends.
Last updated: 25 August 2026 · Rates sourced from Pag-IBIG Fund dividend declarations (latest: 2025 at 6.55%).
Save ₱1,000 a month in MP2 for 5 years (₱60,000 contributed) and at the 6.75% 5-year average you end up with about ₱70,982.91 — roughly ₱10,982.91 in tax-free dividends. Dividends are declared yearly, so treat every figure here as an estimate, not a promise.
MP2 Maturity Projector
5-year term, dividends compounded annually.
One-time lump sum to start your MP2 account. Minimum ₱500.
Minimum ₱500/month. Leave 0 if you only want a lump sum.
Default is the 5-year historical average (6.75%). Editable — past rates do not guarantee future returns.
Historical MP2 Dividend Rates
Declared by Pag-IBIG Fund. 5-year average (2021–2025): 6.75% p.a.
| Year | Dividend Rate (p.a.) | Notes |
|---|---|---|
| 2025 | 6.55% | Included in 5-year average |
| 2024 | 7.10% | Included in 5-year average |
| 2023 | 7.05% | Included in 5-year average |
| 2022 | 7.03% | Included in 5-year average |
| 2021 | 6.00% | Included in 5-year average |
| 2020 | 6.12% | Reference only |
| 2019 | 7.23% | Reference only |
| 2018 | 7.41% | Reference only |
| 2017 | 8.11% | Reference only |
| 2016 | 7.43% | Reference only |
| 2015 | 5.32% | Reference only |
MP2 Maturity Table: ₱500 to ₱10,000 a Month
5-year term, dividends compounded, 6.75% p.a. (5-year historical average). No initial lump sum.
| Monthly Savings | Total Contributed | Tax-Free Dividends | Value at Maturity |
|---|---|---|---|
| ₱500.00 | ₱30,000.00 | ₱5,491.46 | ₱35,491.46 |
| ₱1,000.00 | ₱60,000.00 | ₱10,982.91 | ₱70,982.91 |
| ₱2,000.00 | ₱120,000.00 | ₱21,965.82 | ₱141,965.82 |
| ₱3,000.00 | ₱180,000.00 | ₱32,948.73 | ₱212,948.73 |
| ₱5,000.00 | ₱300,000.00 | ₱54,914.55 | ₱354,914.55 |
| ₱10,000.00 | ₱600,000.00 | ₱109,829.11 | ₱709,829.11 |
How to Use the MP2 Calculator
- 1. Enter your initial deposit
The one-time amount you will use to open the MP2 account. Minimum ₱500; leave blank if you are starting with monthly savings only.
- 2. Add your monthly contribution
Minimum ₱500 per month. You can also top up any time — MP2 has no maximum contribution.
- 3. Adjust the dividend rate
Defaults to the 6.75% five-year average. Try a lower rate (say 5.50%) for a conservative plan.
- 4. Choose compounded or annual payout
Switch to Advanced to receive dividends yearly as cash, or keep them compounding until the 5-year maturity date.
MP2 vs Time Deposit vs Digital Bank Savings
Where MP2 fits among common peso savings options.
| Feature | Pag-IBIG MP2 | Bank Time Deposit | Digital Bank Savings |
|---|---|---|---|
| Typical return | 6.75% average (variable, declared yearly) | About 1%–5% fixed, depends on term and amount | About 2%–6% promo/base, can change anytime |
| Tax on earnings | None — 100% tax-free | 20% final withholding tax | 20% final withholding tax |
| Lock-in | 5 years (early claim only for limited cases) | Fixed term, penalties on pre-termination | None — withdraw anytime |
| Guarantee | Government-backed Pag-IBIG Fund; dividend not fixed | PDIC-insured up to ₱1,000,000 | PDIC-insured up to ₱1,000,000 |
| Best for | Money you won't touch for 5 years | Short-to-medium term parking | Emergency fund and everyday savings |
Frequently Asked Questions
What is the Pag-IBIG MP2 Savings Program?
MP2 (Modified Pag-IBIG II) is a voluntary 5-year savings program from Pag-IBIG Fund that offers higher tax-free dividends than the regular Pag-IBIG savings. It is government-backed and open to all active Pag-IBIG members.
How much will ₱1,000 per month in MP2 become after 5 years?
At the 5-year historical average dividend rate of 6.75% p.a., ₱1,000 a month (₱60,000 contributed over 5 years) grows to roughly ₱71,000–₱72,000 at maturity when dividends are compounded. Actual results depend on the rates Pag-IBIG declares each year.
Are MP2 dividends guaranteed?
No. MP2 dividends are declared annually based on at least 70% of Pag-IBIG Fund's net income for the year. Past rates have ranged from about 5% to over 8%, but future rates are not guaranteed.
Are MP2 dividends taxable?
No. MP2 earnings are 100% tax-free, which makes its effective yield even more attractive compared to most time deposits and bonds.
What is the term of MP2?
The MP2 maturity period is 5 years from the first contribution. You may choose to receive dividends annually as a payout, or have them compounded and paid out together with your principal at maturity.
What's the minimum and maximum contribution?
The minimum contribution is ₱500 per month. There is no maximum — you can contribute as much as you want, and you can also make lump-sum top-ups.
Can I withdraw my MP2 savings before 5 years?
Early withdrawal is only allowed in limited cases such as total disability, insanity, critical illness, or death of the member. Early claims are also paid at a lower dividend rate, so MP2 should only hold money you will not need for 5 years.
Can I open more than one MP2 account?
Yes. Members may open multiple MP2 accounts, each with its own 5-year maturity date. Many savers stagger accounts yearly so that one matures every year.
How do I enroll in MP2?
Active Pag-IBIG members (or pensioners/former members with at least 24 monthly savings) can enroll online through the Virtual Pag-IBIG portal or at any Pag-IBIG branch, then fund the account via the portal, accredited banks, e-wallets, or salary deduction.
Is MP2 better than a bank time deposit?
MP2 has historically paid far more than peso time deposits and its dividends are tax-free, while bank deposits are taxed 20% on interest and PDIC-insured up to ₱1 million. The trade-off is liquidity: MP2 money is locked for 5 years, and its dividend is variable rather than fixed.