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Official 2026 Rates
✓ Latest declared MP2 rate: 7.12% (2025)

Pag-IBIG MP2 Calculator (Philippines 2026)

See what your MP2 savings could be worth after 5 years. Enter how much and how often you deposit, pick a dividend scenario, and get a year-by-year table, total dividends, maturity value and effective yield.

Quick answer: At the latest declared rate of 7.12%, saving ₱5,000 a month for 5 years (a ₱300,000 total) grows to about ₱359,211 with dividends compounded. MP2 dividends are tax-free, and the rate is not guaranteed.

Your MP2 plan

Your MP2 projection

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Enter your deposit amount to see your MP2 savings

How Pag-IBIG MP2 works

MP2 (Modified Pag-IBIG 2) is a voluntary savings program for Pag-IBIG members. It is separate from your mandatory monthly contribution and has historically paid a higher dividend than Regular Savings.

Term

5 years per account

Minimum deposit

₱500 per remittance

Dividend tax

None (tax-exempt)

Payout choices

Compounded or annual

  • Compounded: each year's dividend is added to your balance, so next year's dividend is earned on a bigger base. You receive everything at maturity.
  • Annual payout: the dividend is credited to your enrolled bank account every year, and only your savings are returned at maturity.
  • Rate: Pag-IBIG declares one rate per calendar year, in the first quarter of the next year (the 2025 rate was announced on 2026-02-27). By law at least 70% of the Fund's net income goes back to members as dividends.

The formula this calculator uses

Pag-IBIG publishes the annual rate but not a public step-by-step formula for deposits made during the year, so this tool uses a transparent month-weighted approximation:

Yearly dividend = Σ (balance at each month ÷ 12) × annual rate

Compounded: next year's balance = balance + dividend

Annual payout: balance unchanged, dividend paid out in cash

Deposits are assumed to be made at the start of the month, so the first and last calendar years are partial (a deposit in November only counts for two months of that year). Because your 5-year term rarely lines up with calendar years, the table has up to six rows. The same rate is applied to every year of the projection.

Effective yield is the annualised internal rate of return of all your monthly deposits, payouts and the final balance — a more honest figure than dividing profit by contributions when you deposit gradually.

Worked example: ₱5,000 a month, compounded

Start January 2027, 7.12% dividend every year. In 2027 the month-end balances are 5,000, 10,000 … 60,000 (sum 390,000), so the first dividend is 390,000 ÷ 12 × 7.12% = ₱2,314.

YearDepositsDividendBalance at year-end
2027₱60,000₱2,314₱62,314
2028₱60,000₱6,751₱129,065
2029₱60,000₱11,503₱200,568
2030₱60,000₱16,594₱277,163
2031₱60,000₱22,048₱359,211

You deposited

₱300,000

Dividends earned

₱59,211

Maturity value

₱359,211

Versus a time deposit: the same deposits in a bank paying 4% (net 3.2% after the 20% final tax) would reach about ₱325,731 — roughly ₱33,480 less than MP2 in this example.

MP2 dividend rate history

The 5-year average is 6.86% and the 10-year average 7.06%; the lowest rate of the last five years was 6%. Past rates do not guarantee future ones.

Dividend yearMP2 rate
20257.12%
20247.1%
20237.05%
20227.03% *
20216% *
20206.12% *
20197.23% *
20187.41% *
20178.11%
20167.43% *

Source: Pag-IBIG Fund via PNA (2023-2025), DFA (2017) and a secondary compilation (other years). Last updated: 2026-10-17.

* Not yet confirmed against an official Pag-IBIG publication. 2023-2025 confirmed in PNA reports of the Fund's annual announcements; 2017 confirmed in a DFA briefing of Pag-IBIG programs. Other years come from secondary compilations and should be confirmed with Pag-IBIG. Rates are declared once a year from the Fund's net income and are not guaranteed.

MP2 questions, answered plainly

"Why is my first-year dividend so small?"

Because dividends are based on how long your money sat in the account during the year. ₱100,000 deposited in November earns about two months of dividend that year, not twelve.

"Is a lump sum better than saving monthly?"

Money that is in the account earlier earns for longer. Depositing ₱60,000 at once grows to about ₱84,626 after 5 years at 7.12%, while saving ₱1,000 a month (the same ₱60,000 in total) reaches about ₱71,842. If you don't have the lump sum, regular deposits still beat leaving the money idle.

"How does this tie in with my loan eligibility?"

MP2 is separate savings. Your mandatory contributions are what count toward loan eligibility — see our Pag-IBIG housing loan calculator and loans guide.

Frequently Asked Questions

What is the latest Pag-IBIG MP2 dividend rate?
For 2025, Pag-IBIG declared an MP2 dividend of 7.12% (announced 2026-02-27), compared with 6.62% for Regular Savings. The rate is declared once a year from the Fund's net income and is not guaranteed — it was 7.1% for 2024 and 7.05% for 2023.
How are MP2 dividends computed?
Pag-IBIG announces one annual rate per calendar year and credits it to your balance, but it does not publish a detailed proration formula for deposits made during the year. This calculator uses a month-weighted approximation (average monthly balance): each month's balance earns 1/12 of the annual rate, and the total is credited at year-end. Your actual credited dividend can differ slightly — treat the result as an estimate.
What are the minimum and maximum MP2 contributions?
The minimum is ₱500 per remittance. We did not find a published maximum per remittance or per account, though very large deposits may require a manager's check and proof of the source of funds. Each account runs for 5 years from opening; you can open more than one account at different times.
Are MP2 dividends really tax-free?
Yes. Benefits and earnings of the Pag-IBIG Fund are exempt from taxes under RA 9679, so MP2 dividends are paid in full. Compare that with a bank time deposit: since 1 July 2025 (RA 12214, CMEPA) interest earned by individuals — including on 5-year deposits — is subject to 20% final withholding tax. A taxed deposit would need to pay about 8.9% a year to match 7.12% tax-free.
Compounded or annual payout — which is better?
Compounding is better for growth: your dividends are added to the balance and earn dividends themselves. For ₱100,000 deposited once, compounding at 7.12% grows to ₱141,043 in 5 years, whereas taking the dividend in cash each year gives ₱100,000 at maturity plus ₱35,600 in annual payouts. Choose annual payout only if you need the cash flow.
How much will ₱1,000 a month grow to in MP2?
Depositing ₱1,000 every month for 5 years (₱60,000 in total) at 7.12% with compounding gives an estimated maturity value of about ₱71,842, of which ₱11,842 is dividends. Use the calculator above to try your own amount, start date and rate scenario.
What happens at the end of the 5-year term?
At maturity you can claim your savings plus the dividends. Per a Pag-IBIG response to a public records request, savings left unclaimed after maturity stop earning the MP2 rate; to keep saving at MP2 rates you open a new account. Early withdrawal is allowed only in limited cases and the rules have changed over time, so confirm with Pag-IBIG before relying on that money being liquid.
Who can open an MP2 account?
Any Pag-IBIG member with a Pag-IBIG Membership ID (MID) number can open an MP2 account through Virtual Pag-IBIG or a Pag-IBIG branch. It is a voluntary savings program, separate from your mandatory monthly contribution.
Is MP2 better than Regular Savings?
MP2 has paid a higher rate: 7.12% versus 6.62% for 2025. The trade-off is the 5-year lock-in. Regular Savings (your mandatory contributions) stays tied to your membership and loan eligibility, while MP2 is a separate voluntary account. See how much your mandatory Pag-IBIG contribution is.

Related calculators

Pag-IBIG Housing Loan CalculatorMonthly amortization and how much you can borrow Pag-IBIG Contribution CalculatorYour mandatory monthly Pag-IBIG share

Related guides

Dividends are estimated with an approximation of Pag-IBIG's method (see "The formula this calculator uses") and assume the same rate every year. The Pag-IBIG website (pagibigfund.gov.ph) blocks automated checks, so declared rates were confirmed through Philippine News Agency reports of the Fund's announcements.