How to use the Net Worth Calculator
- Enter your cash and bank balances, then your investments and retirement accounts.
- Enter the market value of your home and other property, and of vehicles and other assets.
- Enter your mortgage balance, other loans and credit card balances.
- Read your net worth, total assets, total liabilities and the debt share.
Formula used
Net worth = total assets − total liabilities. Debt share = liabilities ÷ assets × 100.
Worked example
Here is the Net Worth Calculator worked through with the example values shown above, so you can check each step by hand.
| Inputs | |
|---|---|
| Cash and bank accounts | $12,000 |
| Investments and retirement accounts | $45,000 |
| Home and other property (market value) | $250,000 |
| Vehicles and other assets | $15,000 |
| Mortgage balance | $180,000 |
| Car, student and personal loans | $20,000 |
| Credit card balances | $3,000 |
| Result | |
| Net worth | $119,000 |
| Total assets | $322,000 |
| Total liabilities | $203,000 |
| Debt as a share of assets | 63.04% |
How net worth is calculated
Add all assets and subtract all liabilities. In the example, assets are $322,000 ($12,000 in cash, $45,000 invested, $250,000 in property and $15,000 in other assets) and liabilities are $203,000 ($180,000 mortgage, $20,000 loans and $3,000 cards). Net worth is $322,000 − $203,000 = $119,000.
The debt share, liabilities divided by assets, is 63%. A lower share means more of what you own is truly yours.
What to count and how to value it
Use realistic current values, not what you paid or what you hope to get. For your home, check recent sale prices of similar homes nearby. For cars, use a used-car price guide, because vehicles lose value. Leave out items with little resale value, such as ordinary furniture and clothes, unless they have real market value.
List the full balance of each debt as of today, not the monthly payment. Do not forget smaller items, such as buy-now-pay-later balances and money you owe to family.
Negative net worth is not unusual
Many young people have negative net worth because of student loans or a new mortgage. If the $250,000 home in the example were worth $180,000, net worth would fall to $49,000. A negative number is not a failure; it shows where you start and gives you something to improve.
What matters is the trend. A rising net worth means you are paying down debt or growing assets, or both.
Ways to grow net worth
The levers are simple: spend less than you earn, pay down high-interest debt first, invest regularly and keep costs low. Starting early matters because of compounding. The investment calculator and the loan payoff calculator on this site show how monthly choices turn into long-term results.
Review the figures at the same time each year, for example at tax time, and write down the result to see progress. This calculator is for general information and is not financial advice.
Frequently asked questions
What is net worth?
The total value of what you own minus the total of what you owe.
Is a negative net worth bad?
It is common early in life, for example with student loans. What matters is the direction over time.
Should I include my home?
Yes, at a realistic market value, together with the mortgage. Some people also track net worth without the home to see their liquid position.
How often should I calculate it?
Once or twice a year is enough. Daily changes in markets are mostly noise.
What about retirement accounts?
Include them at their current value. If withdrawals are taxed, you may want to reduce the value to allow for tax.
Does it work in other currencies?
Yes. Use the currency selector to change the symbol and format. No conversion is done.
This calculator gives estimates for information only. Actual figures from a bank, employer, tax authority or doctor may differ. It is not financial, tax, legal or medical advice.