What Pag-IBIG Membership Gives You
Pag-IBIG (HDMF) is a government savings program that also funds housing loans and short-term loans. Regular monthly contributions build your savings and keep you eligible for member benefits.
Employee and Employer Shares
For employed members, the contribution is commonly computed as a percentage of monthly compensation, split between you and your employer. A widely used convention caps the monthly contribution at ₱100 for the employee share (with the employer also contributing), though members may save more voluntarily.
For salaries at or below ₱1,500, a lower rate may apply. Always confirm the current schedule with Pag-IBIG.
Voluntary and MP2 Savings
Beyond the regular contribution, members can add voluntary savings or enroll in the MP2 program, a separate savings scheme with its own dividend rate and term. MP2 is optional and aimed at members who want to save more for medium-term goals.
How It Connects to Housing Loans
Consistent contributions help you qualify for a Pag-IBIG housing loan. If you are modeling a home purchase, estimate amortization with the Pag-IBIG Loan Calculator, and check whether the payment fits your budget using the Loan Affordability Calculator.
See It Alongside Other Deductions
Pag-IBIG appears with SSS, PhilHealth, and withholding tax on a typical payslip. The Salary Calculator shows all of these together so you can see net take-home pay.
Common Questions
- Can I contribute more than the cap? Yes, through voluntary savings or MP2.
- What if I am self-employed? You can register and contribute as a voluntary member.
- Does it earn dividends? Pag-IBIG savings earn annual dividends declared by the fund.
Disclaimer
Rates, caps, and program rules change with HDMF circulars. Confirm the current contribution table and program terms on the official Pag-IBIG Fund website.