Pag-IBIG MPL Calculator 2025-2026

Calculate your Pag-IBIG Multi-Purpose Loan payments with the new 90% loan cap. Free calculator with 2025 rates, monthly amortization, and application guide.

Last updated:

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Your accumulated Pag-IBIG savings (check via Virtual Pag-IBIG)

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Maximum: 90% of your total savings

Current MPL rate: 10.5% per annum

Pag-IBIG Multi-Purpose Loan (MPL) 2025

The Pag-IBIG MPL is one of the most accessible cash loan programs for Filipino workers and OFWs. Recent enhancements effective May 2025 have made it even more beneficial for members.

May 2025 Enhancements:
  • Increased loan cap: 90% of savings (up from 80%)
  • Reduced eligibility: 12 months contributions (down from 24)
  • New 1-year term option available
  • Same affordable 10.5% annual interest rate

Loan Features

Maximum Loan 90% of total Pag-IBIG regular savings
Interest Rate 10.5% per annum (1.4583% monthly)
Loan Terms 1, 2, or 3 years
Processing Time As fast as 2 business days

Eligibility Requirements

  • Active Pag-IBIG member with at least 12 months contributions
  • No outstanding short-term loans (except Calamity Loan)
  • Updated membership records with employer information
  • Good payment history with previous Pag-IBIG loans

Eligible Members

  • Employed members (private and government sectors)
  • Self-employed individuals
  • Overseas Filipino Workers (OFWs)
  • Voluntary contributors

Required Documents

  1. MPL Application Form (SLF065) - signed by you, employer, and witnesses
  2. Valid government-issued ID
  3. Pag-IBIG Cash Card (Loyalty Card Plus or LandBank)
  4. Selfie photo with ID and cash card visible

How to Apply Online

  1. Access Virtual Pag-IBIG
  2. Log in or create an account
  3. Scan/photograph all required documents
  4. Fill out online application form
  5. Upload documents and submit
  6. Track via Loan Status Verification page

Payment Options

For Employed Members

  • Salary deduction - automatic monthly deduction

For Self-Employed/OFWs

  • Virtual Pag-IBIG online payment
  • Bayad Center and partner payment centers
  • Pag-IBIG branches
  • Remittance centers (for OFWs)

Important Reminders

  • Loan Renewal: Available after 6 monthly payments
  • Late Payment Penalty: 1% daily on unpaid amounts
  • Early Payment: Allowed without penalties

Contact Pag-IBIG

Frequently Asked Questions

How much can I borrow from Pag-IBIG MPL?
As of May 2025, you can borrow up to 90% of your total Pag-IBIG regular savings (increased from 80%). The maximum amount depends on your accumulated contributions. If you have an existing Calamity Loan, the outstanding balance will be deducted.
What is the Pag-IBIG MPL interest rate for 2025?
The Pag-IBIG MPL interest rate is 10.5% per annum (1.4583% monthly). This is a fixed rate throughout your loan term. A portion of the interest income is returned to members as dividends.
What are the eligibility requirements for Pag-IBIG MPL?
You need: 12 months of Pag-IBIG contributions (reduced from 24), no outstanding short-term loans (except Calamity), updated membership records, and good payment history with previous Pag-IBIG loans.
How long does Pag-IBIG MPL processing take?
Pag-IBIG MPL can be processed as fast as 2 business days with complete requirements through Virtual Pag-IBIG. Loan proceeds are credited to your Pag-IBIG Cash Card within 2-3 banking days after approval.
What are the available MPL repayment terms?
You can choose from 1 year (12 months), 2 years (24 months), or 3 years (36 months). The 1-year term is a new option added in May 2025 for faster payoff with lower total interest.