Pag-IBIG MP2 Calculator 2026 (Maturity Value Projection)
Project your Pag-IBIG MP2 maturity value with monthly or lump-sum contributions. Compare compounded vs annual payout options at historical dividend rates of 6-7.5%.
Plan your MP2 savings
Your MP2 maturity value
Year-by-year projection
| Year | Contributions | Cumulative Contributions | Dividend Earned | Year-End Balance |
|---|
How Pag-IBIG MP2 works in 2026
The Modified Pag-IBIG 2 (MP2) program is a voluntary 5-year contractual savings scheme offered by HDMF. Unlike a bank time deposit, MP2 earnings are completely tax-exempt by law (RA 9679), and recent dividend rates have outperformed most traditional savings products in the Philippines.
Members can save through monthly contributions (minimum ₱500/month), one-time lump sums, or any combination. At the end of the 5-year contract, you can withdraw your full balance (contributions + dividends) or roll it over for another term.
How dividends compound
Each year, dividends are added to your principal
Next year earns dividends on the larger balance
Total grows exponentially over 5 years
For “Annual Payout” option:
Dividends paid out each year (no compounding)
Useful for retirees needing yearly cash flow
Historical MP2 dividend rates
| Year | MP2 Dividend Rate | Regular Savings Rate |
|---|---|---|
| 2024 | 7.03% | 6.55% |
| 2023 | 7.03% | 6.55% |
| 2022 | 6.50% | 5.50% |
| 2021 | 5.66% | 4.91% |
| 2020 | 6.12% | 5.62% |
| 2019 | 7.23% | 6.78% |
Source: Official HDMF Pag-IBIG annual reports. Future rates are not guaranteed.
MP2 vs. Time Deposit comparison
Why most Filipinos prefer MP2 over a bank time deposit:
- Higher yield: MP2 averaged 6-7% vs typical bank time deposits at 2-4%
- Tax-exempt: All MP2 earnings are tax-free vs 20% withholding tax on time deposit interest
- Lower minimum: ₱500 to start MP2 vs ₱10,000-₱100,000 for many time deposits
- Flexible contributions: Add to MP2 anytime; time deposits typically lock the initial amount
- Government-backed: Backed by HDMF, a government-owned and -controlled corporation
Sample computations
Example 1: ₱2,000/month for 5 years at 7% dividend (compounded)
- Total contributions: ₱2,000 × 60 = ₱120,000
- Estimated dividends: ~₱23,500
- Maturity value: ~₱143,500 (19.6% effective return)
Example 2: ₱100,000 lump sum at 7% for 5 years (compounded)
- Total contribution: ₱100,000 (paid once at start)
- Estimated dividends: ~₱40,300
- Maturity value: ~₱140,300 (40.3% effective return)
Example 3: ₱5,000/month for 5 years at 7% (compounded)
- Total contributions: ₱5,000 × 60 = ₱300,000
- Estimated dividends: ~₱58,700
- Maturity value: ~₱358,700
Frequently asked questions
Any active Pag-IBIG member (employed, self-employed, voluntary, OFW) and former Pag-IBIG members who have reached retirement age are eligible. You need a Pag-IBIG MID number (Member ID) to enroll. Pensioners (SSS/GSIS) can also enroll.
Minimum is ₱500/month (or a single ₱500 deposit). There is no maximum limit — you can deposit ₱100,000 or even ₱1,000,000 if you wish. You can also have multiple MP2 accounts, each with its own 5-year contract.
Yes, completely. Under RA 9679 (HDMF Law), all Pag-IBIG savings dividends — including MP2 — are exempt from any tax, including the 20% withholding tax that applies to bank time deposit interest. This significantly boosts your effective return compared to taxable alternatives.
Yes, but you forfeit some dividends. Early withdrawal is allowed in certain cases (medical emergency, financial distress) but you may receive only the dividends already declared, not the full projected return. For maximum benefit, plan to hold MP2 for the full 5-year term.
Regular Pag-IBIG Savings is your standard membership contribution (₱200/mo mandatory). It can only be withdrawn at retirement, disability, or death. MP2 is voluntary, has a fixed 5-year term, typically earns 0.5-1% higher dividends, and is more flexible for medium-term savings goals.
You can enroll online through the Virtual Pag-IBIG portal (virtualpagibig.com) or in person at any Pag-IBIG branch. You’ll need your MID number (Pag-IBIG member ID), valid ID, and initial deposit (minimum ₱500). Online enrollment takes about 10-15 minutes and you can start contributing the same day.
Yes. You can deposit additional amounts (minimum ₱500) anytime during the 5-year contract through GCash, Maya, bank transfer, Bayad Centers, or directly at Pag-IBIG branches. There’s no requirement to contribute every month — you can do it on your own schedule.
Pag-IBIG notifies you. You can choose to: (1) Withdraw the full maturity value via check or bank transfer, (2) Roll over the principal into a new 5-year MP2 contract (with new dividend rate going forward), or (3) Mix — withdraw the dividends and roll over the principal. Most members roll over to continue compounding.