This tool is designed to project the potential earnings from the Modified Pag-IBIG 2 (MP2) Savings Program. It enables users to estimate the maturity value of their MP2 savings based on inputted variables such as initial investment, monthly contributions, and dividend rates. The instrument facilitates financial planning by providing a projection of the funds that may be available at the end of the five-year savings period.
The availability of such projection instruments empowers individuals to make informed decisions regarding their savings strategy within the MP2 program. Understanding the potential returns can encourage greater participation in the voluntary savings plan. The tool also offers a convenient way to explore different investment scenarios, allowing users to adjust their contribution amounts and investment timelines to align with their financial objectives.