Pag-IBIG Fund (Home Development Mutual Fund / HDMF) offers:
- Housing loans
- Multi-purpose and calamity loans
- Regular savings that earn a yearly dividend
- MP2, a voluntary 5-year savings program with a separately declared dividend
Membership and contributions:
- Mandatory for employees in the private and public sectors; voluntary for others, including many OFWs and the self-employed
- 2% from the employee and 2% from the employer, on a Monthly Fund Salary capped at ₱10,000 — so up to ₱200 each a month (members earning ₱1,500 or less pay 1%)
- You can save more than the mandatory amount voluntarily
See the Pag-IBIG contribution table.
What it means for you:
- Loan limits and interest rates depend on your contributions, income and the program — check pagibigfund.gov.ph for current terms
- Dividend rates are declared each year, so past rates don't guarantee future ones
- Track your records through Virtual Pag-IBIG