Pag-IBIG MP2 Computation for P1,000 Monthly Savings – Here’s How Much You May Get…

Guide on Pag-IBIG MP2 Computation for P1,000 Monthly Savings

PAG-IBIG MP2 COMPUTATION FOR P1,000 MONTHLY SAVINGS – Here is a guide on how much you may get under this savings program of Pag-IBIG Fund.

Currently, Pag-IBIG does not only offer loans for residential property acquisition, calamities, or to address a short-term need for cash. It also has a savings program – the Pag-IBIG MP2 Savings which is perfect for those who are looking for a low-risk investment with a very low minimum investment.

Pag-IBIG MP2 Computation
Photo Credit: Charmed Life

What is the Pag-IBIG MP2 Savings? Named as the Modified Pag-IBIG II Savings Program, it is a savings facility set by the government agency to help the Filipinos grow their money in a 5-year maturity process. It is open for active members of the government agency who wants to invest their money to earn higher dividends. The government agency is the one managing your savings so they will grow and this is a low-risk investment.

With regards to the amount that you can invest to Pag-IBIG Fund under this savings program, there is no limit. You just have to submit a remittance via your personal or Manager’s check if you wish to make a onetime savings of more than P500,000.00 Do you want to know how much you may get if you invest P500.00 monthly for five (5) years?

Annual Dividend Payout under Pag-IBIG MP2 Computation for P1,000 Monthly Savings
(based on 7.5% dividend rate)

Month CoveredMonthly Savings (MS)Accumulated MS per yearCumulative SavingsAnnual Dividend PayoutTotal Accumulated Value TAV)
Jan-Dec 20201,000.0012,000.0012,000.00487.5012,000.00
Jan-Dec 20211,000.0012,000.0024,000.001,387.5024,000.00
Jan-Dec 20221,000.0012,000.0036,000.002,287.5036,000.00
Jan-Dec 20231,000.0012,000.0048,000.003,187.5048,000.00
Jan-Dec 20241,000.0012,000.0060,000.004,087.5060,000.00

Compounded Savings

Month CoveredMonthly Savings (MS)Accumulated MS per yearCumulative SavingsDividend AmountTotal Accumulated Value TAV)
Jan-Dec 20201,000.0012,000.0012,000.00487.5012,487.50
Jan-Dec 20211,000.0012,000.0024,487.501,424.0625,911.56
Jan-Dec 20221,000.0012,000.0037,911.562,430.8740,342.43
Jan-Dec 20231,000.0012,000.0052,342.433,513.1855,855.61
Jan-Dec 20241,000.0012,000.0067,855.614,676.6772,532.28

Apart from the Pag-IBIG MP2 computation, you might like to check on the application process under this savings scheme offer of the government agency. You may visit – Pag-IBIG MP2 Savings: Its Features, Qualifications, Application Process.

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