Home » Pag-IBIG MP2 dividend rate history from 2011 to present

Pag-IBIG MP2 dividend rate history from 2011 to present

In the last 5 years, the average interest rate of Pag-IBIG MP2 is 7.26%. This year, 2021, the dividend rate is 6.12%. This is the fifth year that the interest rate of Pag-IBIG Mp2 Savings is above 6%.

In this article, we will list the historical dividend rates given by the program since it started in 2010. The first dividend rate was given in 2011 which is 4.63%.

Below is the complete Pag-IBIG Mp2 interest rate from 2011 up to the present.
Year MP2 Savings Dividend Rate
2011 4.63%
2012 4.67%
2013 4.58%
2014 4.69%
2015 5.34%
2016 7.43%
2017 8.11%
2018 7.41%
2019 7.23%
2020 6.12%

Since you are here to have a better picture of how much you can earn if you started saving using the MP2 program, we will add some examples below.

How to calculate the interest you will get from your Pag-IBIG MP2 savings:

Let’s say we invested in MP2 last January 2016 1M pesos, a one-time payment. The calculation is made using subsequent simple interest formula.

A=P(1+r1)(1+r2)(1+r3)(1+r4)(1+r5)

Where A is the total money, P is the principal invested one-time amount,r1,r2,..r5 are interest rates from 2016 to 2021 respectively.

So after by 2021, our 1M pesos from January 2016 would become,

A=1M(1+0.0743)(1+0.0811)(1+0.0741)(1+0.0723)(1+0.0612)

A=1M(1.419546774)

A=1,419,546.774 

This means you would have made 419k+ pesos in 5 years from your 1M pesos investment.

Other sample calculations are taken from the Pag-IBIG website.

FOR PHP500 MONTHLY SAVINGS
Annual Dividend Payout
Month Covered Monthly Savings (MS) Accumulated MS per year Cumulative Savings Annual Dividend Payout Total Accumulated Value TAV)
Jan-Dec 2020 500.00 6,000.00 6,000.00 243.75 6,000.00
Jan-Dec 2021 500.00 6,000.00 12,000.00 693.75 12,000.00
Jan-Dec 2022 500.00 6,000.00 18,000.00 1,143.75 18,000.00
Jan-Dec 2023 500.00 6,000.00 24,000.00 1,593.75 24,000.00
Jan-Dec 2024 500.00 6,000.00 30,000.00 2,043.75 30,000.00
TOTAL 30,000.00 5,718.75 30,000.00

 

Compounded Savings
Month Covered Monthly Savings (MS) Accumulated MS per year Cumulative Savings Dividend Amount Total Accumulated Value TAV)
Jan-Dec 2020 500.00 6,000.00 6,000.00 243.75 6,243.75
Jan-Dec 2021 500.00 6,000.00 12,243.75 712.03 12,955.78
Jan-Dec 2022 500.00 6,000.00 18,955.78 1,215.43 20,171.21
Jan-Dec 2023 500.00 6,000.00 26,171.21 1,756.59 27,927.81
Jan-Dec 2024 500.00 6,000.00 33,927.81 2,338.34 36,266.14
TOTAL 30,000.00 6,266.14 36,266.14

 

PHP1,000 MONTHLY SAVINGS
Annual Dividend Payout
Month Covered Monthly Savings (MS) Accumulated MS per year Cumulative Savings Annual Dividend Payout Total Accumulated Value TAV)
Jan-Dec 2020 1,000.00 12,000.00 12,000.00 487.50 12,000.00
Jan-Dec 2021 1,000.00 12,000.00 24,000.00 1,387.50 24,000.00
Jan-Dec 2022 1,000.00 12,000.00 36,000.00 2,287.50 36,000.00
Jan-Dec 2023 1,000.00 12,000.00 48,000.00 3,187.50 48,000.00
Jan-Dec 2024 1,000.00 12,000.00 60,000.00 4,087.50 60,000.00
TOTAL 60,000.00 11,437.50 60,000.00

 

Compounded Savings
Month Covered Monthly Savings (MS) Accumulated MS per year Cumulative Savings Dividend Amount Total Accumulated Value TAV)
Jan-Dec 2020 1,000.00 12,000.00 12,000.00 487.50 12,487.50
Jan-Dec 2021 1,000.00 12,000.00 24,487.50 1,424.06 25,911.56
Jan-Dec 2022 1,000.00 12,000.00 37,911.56 2,430.87 40,342.43
Jan-Dec 2023 1,000.00 12,000.00 52,342.43 3,513.18 55,855.61
Jan-Dec 2024 1,000.00 12,000.00 67,855.61 4,676.67 72,532.28
TOTAL 60,000.00 12,532.28 72,532.28

 

PHP1MILLION (ONE-TIME SAVINGS)
Annual Dividend Payout
Month Covered Monthly Savings (MS) Accumulated MS per year Cumulative Savings Annual Dividend Payout Total Accumulated Value TAV)
Jan-Dec 2020 1,000,000.00 1,000,000.00 1,000,000.00 75,000.00 1,000,000.00
Jan-Dec 2021 0.00 0.00 1,000,000.00 75,000.00 1,000,000.00
Jan-Dec 2022 0.00 0.00 1,000,000.00 75,000.00 1,000,000.00
Jan-Dec 2023 0.00 0.00 1,000,000.00 75,000.00 1,000,000.00
Jan-Dec 2024 0.00 0.00 1,000,000.00 75,000.00 1,000,000.00
TOTAL 1,000,000.00 375,000.00 1,000,000.00

 

Compounded Savings
Month Covered Monthly Savings (MS) Accumulated MS per year Cumulative Savings Dividend Amount Total Accumulated Value TAV)
Jan-Dec 2020 1,000,000.00 1,000,000.00 1,000,000.00 75,000.00 1,075,000.00
Jan-Dec 2021 0.00 0.00 1,075,000.00 80,625.00 1,155,625.00
Jan-Dec 2022 0.00 0.00 1,155,625.00 86,671.88 1,242,296.88
Jan-Dec 2023 0.00 0.00 1,242,296.88 93,172.27 1,335,469.14
Jan-Dec 2024 0.00 0.00 1,335,469.14 100,160.19 1,435,629.33
TOTAL 1,000,000.00 435,629.33 1,435,629.33

Upon maturity, the process would normally take 2-3 weeks before you can receive your money. Posting of dividend usually in the 3rd month of the year (March). So better wait for your dividend before claiming your matured savings.

Before you open an MP2 savings account, you need to have an active MP1 account. It would also be wise that you have access to your online account so you can always monitor it anywhere.