Pag-IBIG MP2 and Savings Growth Calculator

How to use this calculator

Enter your starting amount, if you already have savings in the account.
Type your monthly deposit and the number of years you plan to save.
Enter the interest or dividend rate per year. Use the latest rate and try lower values to stay cautious.
Choose how interest is credited, yearly or monthly.
Read your projected balance, total deposits and interest, then scroll the year-by-year table.

How does savings growth work?

Regular deposits plus interest can grow faster than you expect over time. The earlier you start and the longer you keep saving, the more interest has time to work. This calculator projects your balance by adding your deposit each month and applying your yearly rate.

Pag-IBIG MP2 is a popular voluntary savings program with annual dividends, while digital banks often credit interest more frequently. Rates change and are not guaranteed, so use this tool to compare scenarios rather than to predict exact results.

Compare accounts on GoTyme, Maya and Maribank, or read the MP2 savings guide before you decide.

How the projection works

Each month your deposit is added to the balance. Interest accrues on the running balance at one twelfth of the yearly rate.
Yearly crediting: interest is added to your balance once a year, so it starts earning on itself from the next year.
Monthly compounding: interest is added every month, so growth is slightly faster at the same rate.
Rates are inputs, not promises. Dividends and bank rates change over time, so treat the result as a scenario and re-run it with the current rate.

Tips to save more

Start with a deposit you can keep up every month.
Increase your deposit whenever you get a raise or a bonus.
Compare the real rate and terms of each product before you commit.
Keep an emergency fund separate from long-term savings.

Frequently asked questions

How does Pag-IBIG MP2 earn?

MP2 is a voluntary savings program with a 5-year term where your savings earn annual dividends set by Pag-IBIG. Dividend rates vary by year and are not guaranteed, so use a conservative rate in the calculator.

Which rate should I enter?

Use the latest dividend or interest rate announced for your account, or a lower number to stay cautious. Try a few values to see the range.

Is monthly compounding better than yearly crediting?

At the same rate, monthly compounding grows a little faster because interest is added more often. Compare the actual rate and terms of each product, not only how often interest is credited.

Does this include tax or fees?

No. The projection is before tax and fees. Check the rules of your product, since some dividends and interest have different tax treatment.

Where can I save with interest?

Compare MP2 and digital bank accounts like GoTyme, Maya and Maribank on their TipidNation pages, and choose what fits your timeline and risk comfort.

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This calculator gives estimates for planning only. It is not financial, tax or legal advice. Confirm exact figures with your employer, bank, lender or the relevant government agency.