The Pag-IBIG MP2 Savings Program is a bit different from the MPL but is another beneficial program offered by Pag-IBIG. The MP2 Savings Program is a voluntary savings program with a five-year maturity that offers higher dividend rates compared to the regular Pag-IBIG savings program. The Pag-IBIG MP2 Calculator helps members estimate the potential dividends they can earn based on their monthly contributions and the projected dividend rate.

## Pag-IBIG MP2 Savings Calculator

### Annual Dividend Payout

Year | Annual Dividend Payout | Total Amount |
---|---|---|

1 | â‚±0.00 | â‚±0.00 |

2 | â‚±0.00 | â‚±0.00 |

3 | â‚±0.00 | â‚±0.00 |

4 | â‚±0.00 | â‚±0.00 |

5 | â‚±0.00 | â‚±0.00 |

Total | â‚±0.00 | â‚±0.00 |

### Annual Dividend Payout Chart

### Compounded Savings

Year | Dividend Amount | Total Amount |
---|---|---|

1 | â‚±0.00 | â‚±0.00 |

2 | â‚±0.00 | â‚±0.00 |

3 | â‚±0.00 | â‚±0.00 |

4 | â‚±0.00 | â‚±0.00 |

5 | â‚±0.00 | â‚±0.00 |

Total | â‚±0.00 | â‚±0.00 |

### Compounded Savings Chart

## How to Use the Pag-IBIG MP2 Calculator?

To use the Pag-IBIG MP2 Calculator effectively, just follow these simple steps:

**Access the Pag-IBIG MP2 Calculator** – Navigate to the MP2 Calculator tab on our website: https://pagibigcalculator.com/mp2-calculator/.

**Select Your Type of Savings** – From the dropdown menu, choose if you would like to compute the contribution on a monthly basis or as a one-time savings amount.

**Monthly Contribution**: If you choose this option, enter the starting amount and monthly contribution you wish to save each month. The minimum amount is â‚±500, but you can enter any amount that fits within your budget.**One-Time Savings**: If this option was chosen, enter the entire amount you wish to save all at once. This needs to be at least â‚±500 as well.

**Enter the Current Rate of Dividend** – Enter the MP2 Savings Program’s anticipated dividend rate. Use the most recent rate for accurate results as this rate is subject to annual change.

**Calculate The Result **– To view an estimate of your overall savings and the dividends you will receive over the selected period, click the “Compute” button.

**Examine the Result** – Verify the projected dividends and savings. If the results fall short of your expectations, find a better savings plan by recalculating and adjusting the amount you contribute.

**Reset if Needed** – To clear all the fields and restart the computation, click the “Reset” button.

## FAQs

**Is there a fee to use the Pag-IBIG MP2 Calculator?**

No, the Pag-IBIG MP2 Calculator is a free tool available to all users.

**What if I want to adjust my contribution amount after using the calculator?**

You can simply re-enter the new contribution amount into the calculator to see how the change will impact your estimated dividends.

**Can I check the status of my MP2 savings using the Pag-IBIG MP2 Calculator?**

No, you have to check the status of your MP2 savings through the Pag-IBIG Fund online services portal or by visiting a Pag-IBIG branch.

**Can I compare different contribution amounts and terms using the calculator?**

Yes, you can enter different contribution amounts and durations to see how they affect your estimated dividends, helping you decide the best savings plan for your needs.

**What should I do if the calculator does not load or shows an error?**

If the calculator does not load or shows an error, try refreshing your browser, clearing your cache, or using a different browser.

**How does the Pag-IBIG MP2 Calculator estimate dividends for the first year?**

The Pag-IBIG MP2 Calculator calculates the dividend by taking the average of the savingsâ€™ starting amount and cumulative savings and then multiplying this average by its dividend rate. Specifically, the formula is:

**D = ((sa + cs) / 2) * dr**

Where:

D = Dividend

sa = Starting amount

cs = Cumulative savings

dr = Dividend rate

For example: If the starting amount is â‚±500.00 and the cumulative savings are â‚±6,000.00 with a dividend rate of 7.05%, the calculator first finds the average of the starting amount and cumulative savings. It does this by adding them together and dividing by two, which gives a total of â‚±3,250.00. The result is then multiplied by the dividend rate of 7.05% to determine the dividend amount (â‚±229.13).

**How does the Pag-IBIG MP2 Calculator estimate dividends for years 2 to 5?**

For years 2 to 5, the Pag-IBIG MP2 Calculator estimates dividends using a formula that takes into account the total accumulated value of your savings, your monthly contributions, and the cumulative savings. Specifically, the formula is:

**D = ((tav + mc + cs) / 2) * dr**

Where:

D = Dividend

tav = Total accumulated value

mc = Monthly contribution

cs = Cumulative savings

dr = Dividend rate

For example: If you have a total accumulated value of â‚±6,243.75, a monthly contribution of â‚±500.00, and cumulative savings of â‚±12,243.75, the Pag-IBIG MP2 Calculator adds these amounts together to get â‚±18,987.50. It then divides this total by 2, resulting in â‚±9,493.75. Finally, this amount is multiplied by the dividend rate of 7.05% to calculate the dividend amount (â‚±668.28).

## Important Tips

To make the most of the Pag-IBIG MP2 Calculator and the savings program, you should consider these important tips:

**Regular Contributions** – Consistently contribute to your MP2 savings to maximize your dividends.

**Monitor Dividend Rates** -Keep an eye on the annual dividend rates announced by Pag-IBIG. This information will help you make more accurate calculations and adjust your contributions if needed.

**Long-Term Commitmen**t – Treat the MP2 program as a long-term savings plan. The five-year maturity period allows your savings to grow with compounded dividends, providing better returns.

**Diversify Savings** – Consider diversifying your savings by contributing to both the regular Pag-IBIG savings program and the MP2 program as this strategy can provide more stability and potential growth for your investments.

**Consult Financial Advisors **– If you are unsure about any aspect of the MP2 program or need personalized advice, consult a financial advisor or a Pag-IBIG representative.