Pag-IBIG MP2 calculator
₱1,000 a month in MP2 grows to about ₱71,842 after 5 years (₱60,000 saved plus ₱11,842.12 in dividends), tax-free, if every year paid the 7.12% Pag-IBIG Fund declared for 2025 and dividends are compounded. A one-time ₱100,000 grows to ₱141,043.42; taken as yearly payouts it earns ₱35,600.00, ₱5,443.42 less. Pag-IBIG MP2 page, declared rates
Pag-IBIG Fund declared 7.12% for 2025, and between 6.00% and 7.12% a year for 2021 to 2025.Future rates are declared each year, so pick a past year below as your scenario, then open MP2 in Virtual Pag-IBIG. Pag-IBIG Fund
Your MP2 savings after 5 years
Each remittance must be at least ₱500; set either amount to zero if you do not use it.
- You receive after 5 years
- ₱71,842.12
- Total you save
- ₱60,000
- Total dividends
- ₱11,842.12
- Rate used (2025)
- 7.12%
- Dividends as share of savings
- 19.74%
| Year | Saved that year | Dividend | Balance |
|---|---|---|---|
| 1 | ₱12,000 | ₱462.80 | ₱12,463 |
| 2 | ₱12,000 | ₱1,350.15 | ₱25,813 |
| 3 | ₱12,000 | ₱2,300.68 | ₱40,114 |
| 4 | ₱12,000 | ₱3,318.89 | ₱55,433 |
| 5 | ₱12,000 | ₱4,409.60 | ₱71,842 |
Open the account in Virtual Pag-IBIG (official app on Google Play or the App Store): Be A Member, then Apply for MP2. Pick the payout mode there; it cannot be changed for the 5 years. Weighing a bank instead? See Time deposit vs MP2 after the 20% final tax. Pag-IBIG Fund
Each year's dividend is that year's declared rate times the average of the 12 month-start balances, with the past year you pick repeated for all 5 years. Pag-IBIG Fund, rates declared for 2021 to 2025 Circular No. 407
Compounded or yearly payout
Choose compounded unless you need the dividend as income each year. At 7.12%, ₱1,000 a month for 5 years earns ₱11,842.12 compounded against ₱10,858.00 paid out, because each year's dividend earns in the next. Yearly payout suits a retiree who lives on the income.
Do not put emergency money in MP2. Early withdrawal is allowed only for listed reasons and costs half the dividends. If you may need cash within 5 years, keep it in a bank and save only what you can lock away.
Next: Price an emergency fund at a bank in the Savings interest calculator (after 20% final tax), then put only the rest in MP2.
MP2 dividend rates by year
| 2025₱100,000 earned ₱7,120.00 | 7.12% |
|---|---|
| 2024₱100,000 earned ₱7,100.00 | 7.10% |
| 2023₱100,000 earned ₱7,050.00 | 7.05% |
| 2022₱100,000 earned ₱7,030.00 | 7.03% |
| 2021₱100,000 earned ₱6,000.00 | 6.00% |
Dividend rates declared by Pag-IBIG Fund for each year from 2021 to 2025 ("MP2 Savings Return Rates since 2021"); the 2026 rate is declared after that year ends. Pag-IBIG MP2 page
- Term
- 5 years
- Minimum
- ₱500 per remittance
- Maximum principal
- ₱20,000,000 at any time
- Tax
- Dividends are tax-free
- Final year
- The 5th year uses the dividend rate declared for the previous year, or the latest declared rate, because the account matures before that year's rate is set.
MP2 or a time deposit, after tax
MP2 dividends are tax-free, while a bank withholds a 20% final tax on deposit interest before it reaches you (BIR RR No. 21-2025). Compare the two on what you actually keep in Time deposit vs MP2 after the 20% final tax, or price a bank account in the Savings interest calculator (after 20% final tax).
What a wrong move costs
- Withdrawing early. Early withdrawal is allowed only for listed reasons (for example retirement, permanent migration, layoff, critical illness). With compounded dividends you receive your savings plus 50% of dividends earned. On ₱100,000 compounded at 7.12%, withdrawing after 3 years gives up about ₱11,458.46 of the ₱22,916.93 in dividends.
- Leaving matured savings unclaimed. Savings left unclaimed after maturity stop earning the MP2 rate, though you can withdraw them at any time. Claim or roll over as soon as the 5 years end.
- Picking the wrong payout mode. The payout mode you choose when you open the account stays for the whole 5 years. You can open another MP2 account with a different mode.
Next: Check your MP2 account, payout mode and maturity date in Virtual Pag-IBIG before the 5 years end.
How to open, save and claim, step by step
Before you start
- Active Pag-IBIG membership: at least 1 monthly savings in the last 6 months, and a Virtual Pag-IBIG account.
- Your choice of payout, compounded or annual, which stays for all 5 years.
- Proof of income or source of funds for a single remittance above ₱100,000, and a personal or manager's check above ₱500,000.
Online, in Virtual Pag-IBIG:
- Go to Virtual Pag-IBIG.
- Click Be A Member, then Apply for MP2.
- Fill in your Pag-IBIG details and click Submit.
- Enter your savings amount, dividend payout (compounded or annual), mode of payment and source of funds, then submit.
- Save with the MP2 account number you are given, online in Virtual Pag-IBIG (Pay Online, MP2 Savings) or at a payment channel. You receive an MP2 account number at the end of enrolment; every remittance uses it, so keep it.
At a branch or through your employer: You can instead open the account at any Pag-IBIG branch with the MP2 Enrollment Form (HQP-PFF-226). Employees saving through salary deduction give a copy of the accomplished form to their employer.
Documents for larger savings
- Proof of income or source of funds if your MP2 savings are more than ₱100,000, from the checklist on form HQP-PFF-226
- Personal or manager's check for any single remittance above ₱500,000
Claiming: After the 5 years, claim online in Virtual Pag-IBIG, or file the Application for Provident Benefits (APB) form at a Pag-IBIG branch. You can also roll the savings over into a new 5-year MP2.
Form: HQP-PFF-226 Modified Pag-IBIG II Enrollment Form (MP2EF) (V07, 07/2025). Pag-IBIG MP2 page
Who can save
- Active Pag-IBIG member, with at least 1 monthly savings within the last 6 months
- Pensioners and retirees with other monthly income and at least 24 monthly savings before retirement
- Natural-born Filipinos who reacquired citizenship under RA 9225, with at least 24 monthly savings before migrating
Active means at least one Pag-IBIG contribution in the last 6 months. Pag-IBIG MP2 page
For a missing remittance, a dividend you think is wrong or a claim, contact Pag-IBIG Fund at contactus@pagibigfund.gov.ph or your nearest branch; for how MP2 fits your wider finances, a licensed financial adviser. Pag-IBIG contact details
Questions about MP2
How much will I get after 5 years in MP2?
₱1,000 a month grows to about ₱71,842 compounded, if all 5 years paid the 7.12% Pag-IBIG Fund declared for 2025; actual dividends are declared each year.
How much is the MP2 dividend for 2026?
Not declared yet; Pag-IBIG Fund declares each year's rate after that year's income is known. The latest, for 2025, is 7.12% on its MP2 page.
Can I deposit ₱100,000 or ₱2 million in MP2?
Yes. Per Pag-IBIG's MP2 page as of October 2, 2026, MP2 takes ₱500 or more per remittance up to ₱20,000,000 in principal; a single remittance above ₱100,000 needs proof of income, and one above ₱500,000 a personal or manager's check. ₱2,000,000 is within the limit.
Is the MP2 dividend taxable?
No. Pag-IBIG Fund states on its MP2 page that MP2 dividends are tax-free.
Can I open more than one MP2 account?
Yes. You may open and keep several MP2 accounts, each with its own payout mode.
How is the MP2 dividend rate set?
Under its Charter, Pag-IBIG Fund returns at least 70% of its annual net income as dividends to members' savings, so the MP2 rate is declared only after each year's income is known.
Where does Pag-IBIG Fund invest MP2 savings?
Pag-IBIG Fund invests at least 70% of its investible funds in housing finance, as its Charter requires, and also invests in government securities and corporate bonds.