The Pag-IBIG Monthly Contribution Calculator is a free online tool that is available to all users. This online tool helps Pag-IBIG members easily and quickly estimate their monthly contributions based on their monthly salary. With this tool, members can better plan their finances by providing them with a clear understanding of their monthly obligations to the Pag-IBIG Fund.
Pag-IBIG Contribution Calculator
How to use Pag-IBIG Contribution Calculator?
Here’s a step-by-step guide on how to use it:
Access the Calculator – Navigate to the Pag-IBIG Contribution page on our website: https://pagibigcalculator.com/pag-ibig-contribution-calculator/.
Select Your Membership Type – Choose whether you are an employee, self-employed, voluntary member, OFW, or a domestic worker as each category has different contribution rates.
Enter Your Monthly Income – Input your monthly salary as it will be the basis for calculating your contribution.
Calculate – After entering your income, click “Compute” and the calculator will automatically compute your monthly contribution.
Review Results – Wait for the tool to display the results to determine your and your employer’s contribution. You can also save or print the total result for future reference if needed.
Note: If you want to calculate another person’s monthly contribution, simply click the “Clear” button and enter their monthly salary.
How Your Pag-IBIG Monthly Contribution is Determined
Several factors, including your income and membership category, determine the monthly contribution to the Pag-IBIG Fund. Below is a detailed breakdown for each category:
Employed Members (Private Sector) – If you are employed in the private sector, your monthly contribution to Pag-IBIG is ₱200 from both you (the employee) and your employer. This means a total contribution of ₱400 per month.
Employed Members (Government Sector) – Government employees also contribute ₱200 each month as their share, with an equal amount contributed by the government. This results in a total of ₱400 per month.
Self-Employed Members – For self-employed individuals, the contribution is fixed at ₱400 per month.
Self-Employed (Other Earning Groups) – If you are self-employed and earn between ₱1,000 and ₱5,000 per month, you will contribute 1% of your monthly salary to Pag-IBIG. For those earning more than ₱5,000, the contribution rate is 2% of the monthly salary.
Overseas Filipino Workers (OFWs) – OFWs are required to contribute ₱200 per month, with no employer contribution.
Overseas Filipino Seafarers – Like OFWs, Overseas Filipino seafarers contribute ₱200 per month from both themselves and their employer, resulting in a total contribution of ₱400.
Kasambahay (Domestic Helpers) – For domestic helpers earning at least ₱5,000 per month, they contribute ₱200 each from themselves and their employer, totaling ₱400 per month. For those earning less than ₱5,000 per month, the contribution rate varies; 3% of their monthly salary if their earnings are between ₱1,000 and ₱1,500, and 4% if their salary is above ₱1,500 but does not exceed ₱5,000.
FAQs
Is the Pag-IBIG Monthly Contribution Calculator free?
Yes, the Pag-IBIG Monthly Contribution Calculator is a free online tool that can be accessed and used by anyone at any given time.
Is the Pag-IBIG Monthly Contribution Calculator accurate?
Yes, the Pag-IBIG Monthly Contribution Calculator is designed to provide accurate estimates based on the current contribution rates and guidelines.
Is the calculator applicable to all types of Pag-IBIG members?
Yes, the calculator is designed to cater to different types of Pag-IBIG members.
What if my salary changes frequently?
If your salary fluctuates, you can use the calculator each time your salary changes to get an updated estimate of your contribution.
Conclusion
Understanding your Pag-IBIG monthly contributions is important for an informed financial decision, making the Pag-IBIG Monthly Contribution Calculator a valuable tool. This online tool helps simplify the process of determining your monthly contribution, allowing you to accurately estimate your contributions based on your monthly income. Regularly checking and managing your contributions ensures that you are always eligible for the benefits offered by the Pag-IBIG Fund, such as housing loans, multi-purpose loans, and calamity loans.