Net Worth Calculator – Assets Minus Debts in 3 Easy Steps
Net Worth Calculator
Use this net worth calculator to see your financial health by subtracting total liabilities from total assets.
Use this free net worth calculator to see your financial position in one number. List what you own, such as cash, property, investments and vehicles, and what you owe, such as a mortgage, car loan, student loans and credit cards. The tool adds each side and shows your total net worth instantly.
Quick answer
Net worth = Total assets − Total liabilities. If you own $450,000 in assets, including a $350,000 home, and owe $285,000, including a $250,000 mortgage, your net worth is $165,000. If your debts are larger than your assets, your net worth is negative, which is common early in a career.
Table of Contents
Income tells you what you earn. Net worth tells you what you have built. Tracking it once or twice a year is one of the clearest ways to see whether you are moving forward, even when monthly budgets feel tight.
This net worth calculator keeps everything private in your browser and updates as you type, so you can try different values, such as a lower home value or a paid-off car, and see the effect straight away.
Net Worth Formula
- Total assets = Cash + Real estate + Investments + Vehicles + Other assets
- Total liabilities = Mortgage + Auto loans + Student loans + Credit cards + Other debt
- Net worth = Total assets − Total liabilities
- Home equity = Home value − Mortgage balance
How to Use the Net Worth Calculator
Step 1: Enter Your Assets
Under Assets (What You Own), enter today’s values: Cash & Bank Accounts $15,000, Real Estate $350,000, Investments $60,000, Vehicles $20,000 and Other Assets $5,000. The header shows total assets of $450,000.
Step 2: Enter Your Liabilities and Read Your Net Worth
Under Liabilities (What You Owe), enter a $250,000 mortgage, a $12,000 auto loan, $18,000 of student loans, $4,000 of credit card debt and $1,000 of other debt, a total of $285,000. Your total net worth is $165,000.
Step 3: Understand a Negative Net Worth
A recent graduate with $13,000 in assets (cash, a small investment account and a car) and $41,000 of debt (car loan, student loans and a credit card) has a net worth of −$28,000, shown in red. That is a starting point, not a verdict.
What to Count as Assets and Liabilities
| Assets | Liabilities |
|---|---|
| Checking, savings and cash | Mortgage balance |
| Home and other property at market value | Car loans and leases |
| Retirement accounts and brokerage investments | Student loans |
| Crypto at current price | Credit card balances |
| Vehicles at resale value | Personal loans and buy-now-pay-later |
| Business ownership and valuables | Money owed to family or friends |
Use realistic resale values, not what you paid. Furniture, clothes and electronics are usually left out because they sell for far less than their cost.
How to Grow Your Net Worth
- Pay down high-interest debt first: every dollar of credit card debt repaid adds a dollar to net worth.
- Build savings automatically: an emergency fund keeps new debt from appearing.
- Invest regularly: long-term growth in investments raises the asset side.
- Avoid buying assets that lose value fast with loans, such as expensive new cars.
- Track yearly: compare the same date each year to see real progress.
Net Worth vs Liquid Net Worth
Your total net worth includes your home and retirement accounts, which you cannot easily spend. Liquid net worth counts only cash and investments you could sell quickly, minus debts. In the first example, liquid assets are $75,000 (cash plus investments). Both numbers are useful.
Related tools: the Emergency Fund Calculator, the Debt to Income Ratio Calculator and the 50/30/20 Budget Calculator.
Frequently Asked Questions
How do I calculate my net worth?
Add up everything you own, add up everything you owe, and subtract debts from assets. $450,000 − $285,000 = $165,000.
Should I include my house in net worth?
Yes, at its current market value, with the mortgage listed as a liability.
Is a negative net worth bad?
It is common for students and young professionals with loans. The goal is to see it rise over time.
Do I include my car in net worth?
Yes, at its realistic resale value, with any car loan listed as a liability.
How often should I calculate net worth?
Once or twice a year is enough for most people.
Is my data stored?
No. The net worth calculator runs in your browser and nothing is saved or sent anywhere.