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Net Worth Calculator Online
Use this free net worth calculator online to find your net worth in seconds. Enter what you own and what you owe, and the calculator adds up your total assets, adds up your total liabilities, and subtracts one from the other. The chart shows your assets next to your liabilities, so you can see at a glance whether you own more than you owe — and by how much.
Assets — what you own
Liabilities — what you owe
Leave any box at 0 if it does not apply to you. Amounts are in dollars.
How it works
Net worth is one number that sums up your whole financial position. It is not your income, and it is not the balance in your checking account. It is the value of everything you own, minus everything you owe. If you sold every asset and paid off every debt, the money left over would be your net worth. That is why banks, lenders, and financial planners ask for it: it shows the big picture in a single figure.
Total assets is the sum of everything you own that has value. Cash in your wallet and checking account counts, and so do savings accounts, certificates of deposit, and money market funds. Investments count too: stocks, bonds, mutual funds, and brokerage accounts at their current value. Retirement accounts such as a 401(k) or an IRA count at their current balance, even though you may pay tax when you withdraw the money later. Your home counts at its current market value, and your vehicles count at what you could sell them for today, not what you paid for them. Anything else of real value — a second property, a small business, jewelry, or collectibles — goes under other assets.
Total liabilities is the sum of everything you owe. The remaining balance on your mortgage is usually the biggest one. Car loans, student loans, and personal loans count at their remaining balances, not the original loan amounts. Credit card balances count in full, because the whole balance is money you owe right now. Any other debt — a medical bill on a payment plan, money owed to family, or a home equity loan — goes under other debts. Monthly bills that are not yet due, such as next month's rent or electricity bill, are not debts yet, so leave them out.
Reading the result. A positive net worth means your assets are worth more than your debts. A negative net worth means the opposite, and it is common for people who recently finished college, bought a first home, or started a business. A net worth of zero means your assets and debts are exactly equal. The number matters less than the trend: if it grows a little every month, your finances are moving in the right direction. The chart on this page makes the trend easy to see — when the blue assets bar grows taller than the liabilities bar, your net worth is positive and growing.
Tips for honest numbers. Use current values, not purchase prices. A car you bought for $30,000 five years ago may only be worth $12,000 now, and using the old price would overstate your net worth. For your home, use a recent estimate or the sale price of a similar home nearby. For investments and retirement accounts, use the latest statement balance. Round to the nearest dollar, and do not count the same money twice — for example, do not list both your home's full value and your mortgage as an asset; the home is the asset and the mortgage is the liability.
Worked example
Here is a worked example you can follow in the calculator above. The boxes are already filled with these numbers, so press Calculate and you will get the same result.
Step 1: Add up the assets. Cash $5,000 + savings $20,000 + investments $50,000 + retirement $120,000 + home $250,000 + vehicles $15,000 + other assets $5,000 = $465,000 in total assets.
Step 2: Add up the liabilities. Mortgage $180,000 + car loan $12,000 + student loan $25,000 + credit cards $3,000 + other debts $0 = $220,000 in total liabilities.
Step 3: Subtract. $465,000 − $220,000 = $245,000.
Step 4: Read the chart. The blue assets bar reaches $465,000 and the pale liabilities bar reaches $220,000, so the blue bar is more than twice as tall — a healthy positive net worth.
The answer is a net worth of $245,000. The home is the biggest asset at $250,000, but the mortgage of $180,000 offsets most of it, leaving $70,000 of home equity. The retirement account of $120,000 is the next biggest piece. Now try your own numbers: replace each box with your balances and watch the result and the chart update as you type.
FAQ
What is net worth?
Net worth is the value of everything you own minus everything you owe. Add up your assets, such as cash, savings, investments, retirement accounts, your home, and your vehicles, then subtract your liabilities, such as your mortgage, car loans, student loans, and credit card balances. The result is your net worth. A positive number means you own more than you owe, and a negative number means you owe more than you own.
Is a negative net worth bad?
A negative net worth is common, especially early in adult life, and it is not a verdict on your future. Many people start out negative because of student loans or a first mortgage, then turn positive as they pay down debt and build savings. What matters most is the direction: if your net worth is rising month by month, you are making progress. If it is falling, it is worth looking at spending, debt, and saving habits.
Should I count my home in my net worth?
Yes, if you own a home, count its current market value as an asset and count the remaining mortgage balance as a liability. The difference between the two is your home equity, and it is part of your net worth. Be realistic about the home value: use a recent sale price for a similar home nearby or a current estimate, not the price you paid years ago or the highest figure you have seen.
What counts as an asset, and what does not?
An asset is something you own that has value and could be sold or used, such as cash, bank balances, investments, retirement accounts, a home, a vehicle, or valuable personal property. Everyday items such as clothes, furniture, and electronics usually lose value fast, so most people leave them out or group them under other assets at a modest resale value. Do not count future income, such as next month's salary, because it is not yours yet.
How often should I check my net worth?
Checking once a month or once a quarter is enough for most people. Net worth moves slowly, and checking every day adds worry without adding information. Pick a regular date, update your balances, and write the number down so you can see the trend over time. A steady upward trend over a year or two is a good sign, even if the monthly changes look small.