How the Net Worth Calculator works
Calculate your assets minus liabilities. Adjust the inputs above, then use the calculate button to generate a fresh estimate based on the numbers you entered.
The result is designed to give you a quick planning number, plus a short breakdown of the major figures behind it. You can reset the form at any time and try a different scenario.
When to use this calculator
Use this net worth calculator to estimate your financial position by comparing what you own with what you owe. It is useful for tracking progress over time and seeing whether debt reduction or asset growth is moving the number.
Formula
Net worth = total assets - total debts
- Cash and investments include bank accounts, savings and investment balances.
- Property and other assets include home equity estimates, vehicles or other valuable assets.
- Total debts include mortgages, loans, credit cards and other liabilities.
Worked example
For $85,000 in cash and investments, $450,000 in property and other assets and $320,000 in debts, the calculator estimates net worth of $215,000.
Common mistakes
- Overestimating asset values and underestimating debt.
- Ignoring taxes, selling costs or transaction costs.
- Checking too often and reacting to normal market swings.
FAQs
How often should I calculate net worth?
Monthly or quarterly is often enough for tracking progress without overreacting to short-term changes.
Should I include my home?
You can include it, but be consistent and use realistic values if you track over time.
Can net worth be negative?
Yes. If debts exceed assets, net worth is negative.