Pag-IBIG MPL Calculator
Estimate your Multi-Purpose Loan amount and repayment — for any personal need.
Check your exact TAV via Virtual Pag-IBIG.
Repayment term
📌 Interest: 17.5% p.a. (diminishing balance)
📌 Max amount: 90% of TAV
📌 Min. contributions: 12 months
Estimated loanable amount
₱90,000
Based on 90% of TAV
Est. Monthly Payment
₱4,471
Total Interest
₱17,315
What this calculates
This estimates your MPL loanable amount from your Total Accumulated Value, plus the monthly payment and total interest for the repayment term you choose — the same standard amortization math used across this site's loan calculators.
How to use it
- 1
Enter your TAV — check the exact figure via Virtual Pag-IBIG rather than guessing.
- 2
Pick a repayment term. A shorter term means a higher monthly payment but less total interest.
- 3
Read the loanable amount, monthly payment, and total interest below.
How the math works
Two steps: first the loanable amount, then standard diminishing-balance amortization on that amount.
Loanable Amount = TAV × 90%
Monthly Payment = (P × r) ÷ (1 − (1 + r)⁻ⁿ)
where P is the loanable amount, r is 17.5% ÷ 12 (the monthly rate — Pag-IBIG itself quotes this MPL rate as 1.4583% per month, which is exactly 17.5% ÷ 12), and n is your chosen term in months.
What this assumes
- Zero existing MPL, Calamity Loan, or HELPs balance — a real outstanding balance reduces what you can actually borrow.
- The full 90% ceiling on TAV, and the current 17.5% p.a. rate — both can change by circular.
- A fixed rate held constant for the entire term, with no missed payments.
What this doesn't check
- Your actual TAV — this trusts whatever number you enter rather than pulling a real figure.
- Existing loan balances that would reduce your real loanable amount under the shared TAV cap.
- Approval itself — meeting the contribution-history and standing requirements above is necessary but not a guarantee.
Frequently asked
What can an MPL be used for?
Any personal need — tuition, medical expenses, home repair, small business capital, debt consolidation, or general emergencies. Unlike the Calamity Loan, there's no disaster-area requirement.
How is my loanable amount determined?
Up to 90% of your Total Accumulated Value (TAV) — your combined Regular Savings and any MP2 balance, plus dividends earned. Check your exact TAV via Virtual Pag-IBIG.
What are the minimum requirements?
At least 12 months of contributions under Regular Savings, active membership with a valid MID number, and no existing Pag-IBIG loan in default.
What if I already have an outstanding MPL or Calamity Loan?
Your loanable amount is reduced by whatever you still owe — Pag-IBIG caps total exposure against your TAV, not per-loan. This calculator assumes you're starting from zero existing balance; subtract what you currently owe from the result for a more realistic number.
What if I want to renew before this term ends?
You can renew an MPL after paying at least 4 monthly amortizations, provided you still meet eligibility. The outstanding balance of your current loan gets deducted from the new loan's proceeds — this calculator doesn't model that renewal math, just a fresh loan from zero.
What if my TAV changes before I actually apply?
It will — dividends get credited annually and any new contributions add to it. Treat this as a snapshot based on today's TAV; re-run the numbers closer to when you actually apply for a more accurate loanable amount.
What if I want to pay it off early?
MPL repayments can generally be accelerated or paid off early through Virtual Pag-IBIG without a prepayment penalty. Since interest is charged on the diminishing balance, paying early reduces the total interest shown above for the remaining term.
Pag-IBIG Fund Guide is an independent, unofficial resource — not affiliated with, endorsed by, or connected to Pag-IBIG Fund or the Philippine government. Figures above are illustrative estimates based on the inputs you provide, not a guarantee or an official Pag-IBIG computation.