Net Worth Calculator
Calculate your total net worth by adding up all assets (home, investments, cash, vehicles) and subtracting all liabilities (mortgages, loans, credit cards). Track wealth over time.
How to Use This Calculator
- Add your assets - Click “Add Asset” to enter cash, investments, real estate, vehicles, and other valuables
- Add your liabilities - Click “Add Liability” to enter mortgages, loans, credit cards, and other debts
- Organize by category - Select the appropriate category for each item
- Click Calculate Net Worth to see your complete financial picture
💰 Assets (What You Own)
Include all items of value: bank accounts, investments, property, vehicles, and other valuables.
💳 Liabilities (What You Owe)
Include all debts: mortgages, car loans, student loans, credit cards, and other obligations.
💎 What Is Net Worth?
Net worth is the total value of everything you own (assets) minus everything you owe (liabilities). It's a snapshot of your financial health at a specific point in time. A positive net worth means you own more than you owe, while a negative net worth indicates your debts exceed your assets.
📊 Asset Categories Explained
- Cash & Bank Accounts: Checking, savings, money market accounts, CDs
- Investments: Stocks, bonds, mutual funds, ETFs, 401(k), IRA, brokerage accounts
- Real Estate: Primary home, rental properties, vacation homes, land
- Vehicles: Cars, trucks, motorcycles, boats, RVs (use current market value)
- Personal Property: Jewelry, art, collectibles, electronics, furniture
- Business Interests: Business ownership, partnerships, equity stakes
- Other Assets: Life insurance cash value, HSA, cryptocurrency, precious metals
💳 Liability Categories Explained
- Mortgage: Primary home mortgage, home equity loans, HELOCs
- Auto Loans: Car loans, motorcycle loans, boat loans
- Student Loans: Federal and private student loans
- Credit Cards: All credit card balances
- Personal Loans: Bank loans, 401(k) loans, family loans
- Medical Debt: Outstanding medical bills, payment plans
- Other Debt: Tax liens, judgments, back taxes owed
💡 Tips for Accurate Calculation
- Use current values: For real estate and vehicles, use current market value, not purchase price
- Check all accounts: Don't forget old 401(k)s, HSAs, or small bank accounts
- Include all debts: Even small debts like medical bills or personal loans add up
- Be honest: Overestimating assets or underestimating debts defeats the purpose
- Update regularly: Calculate your net worth monthly or quarterly to track progress
⚠️ What NOT to Include
- Future income: Don't count expected salary, inheritance, or future earnings
- Social Security: While valuable, it's not a liquid asset you own today
- Pension value: Unless you can calculate the present value, leave it out
- Personal items of low value: Clothes, basic furniture, and everyday items
🔗 Save & Share Your Net Worth
Your calculation is automatically saved in the URL. You can bookmark this page to save your net worth snapshot, or use the Share button to save the link. All values including all assets and liabilities will be restored automatically when you return.
Frequently Asked Questions
How do you calculate net worth?
Net worth = total assets − total liabilities. Add up everything you own (cash, investments, home, car, retirement accounts) and subtract everything you owe (mortgage, loans, credit card balances).
What counts as an asset vs. a liability?
Assets are things of value you own: bank balances, investments, retirement accounts, real estate, and vehicles. Liabilities are debts you owe: mortgages, auto and student loans, and credit card balances.
What is a good net worth?
It depends on age and income. One common benchmark is the 'age × income ÷ 10' rule. More important than any single number is whether your net worth is growing year over year.
Can net worth be negative?
Yes. If your debts exceed your assets — common early in life with student loans or a new mortgage — net worth is negative. Paying down debt and building savings moves it positive over time.