Net Worth Calculator
Calculate your net worth by adding up your assets and subtracting your liabilities. This is a simple way to measure your overall financial position.
Include checking accounts, savings accounts, and cash.
Include brokerage accounts, stocks, mutual funds, and ETFs.
Include 401(k), IRA, Roth IRA, and similar retirement balances.
Enter the estimated current market value of your home.
Include vehicles, business value, collectibles, or other assets.
Enter the remaining balance on your mortgage.
Include student loans, auto loans, and personal loans.
Enter your total outstanding credit card balances.
Include any other debts or obligations not listed above.
How This Calculator Works
This calculator adds together your major assets and subtracts your major liabilities to estimate your net worth. Net worth is one of the clearest ways to measure overall financial progress.
Formula
Net Worth = Total Assets - Total Liabilities
Example
If you have $490,000 in total assets and $266,000 in total liabilities, your estimated net worth would be $224,000. Tracking this number over time can help you measure financial growth.
Frequently Asked Questions
What counts as an asset?
Assets include things you own that have value, such as cash, investments, retirement accounts, real estate, and vehicles.
What counts as a liability?
Liabilities include debts and obligations such as mortgages, student loans, auto loans, credit card balances, and other debt.
Can net worth be negative?
Yes. If your liabilities are greater than your assets, your net worth is negative. That is common early in a financial journey.
How often should I calculate my net worth?
Many people track it monthly, quarterly, or yearly. The most important thing is to track it consistently over time.
Should I include my home in net worth?
Usually yes. Many people include the current value of their home as an asset and the remaining mortgage balance as a liability.