Net Worth Calculator
Add up what you own, subtract what you owe, and see the full picture.
What net worth actually measures
Net worth is the single number that summarizes your entire financial position: everything you own (assets) minus everything you owe (liabilities). It's a more complete picture than your bank balance or your salary, because it captures debt and equity together — a high income with high debt can produce a lower net worth than a modest income with disciplined saving.
This calculator groups assets into cash and savings, investments, real estate, and other valuables, and liabilities into mortgage balance, other loans, credit card debt, and anything else you owe. Subtracting one total from the other gives your net worth, which can be negative — common for people early in their careers or a few years into a mortgage, and not itself a cause for alarm.
Why tracking it over time matters more than the number itself
A single net worth snapshot is useful, but the trend is what actually tells you whether your financial decisions are working. Recalculating this every few months (or after big life events like buying a home or paying off a loan) turns it into a simple dashboard for your overall financial trajectory, independent of any one account's performance.
For real estate, use a realistic current market value rather than the original purchase price, and update it periodically rather than every month. If part of your net worth goal involves paying down a loan faster, the Loan Repayment Calculator or Mortgage Calculator can show what's left on the balance you're carrying.
Frequently asked questions
Should I use my home's purchase price or its current value?
Use a realistic current market value — check a recent appraisal, a comparable sales estimate, or a conservative online estimate. Using the original purchase price will understate your net worth if the property has appreciated, or overstate it if values have fallen.
Is a negative net worth a problem?
Not necessarily, especially early in a career or shortly after taking on a mortgage or student loans. What matters more is the trend over time — a negative but improving net worth is a very different situation from one that's stagnant or worsening.
Should I include retirement accounts as assets?
Yes — include retirement accounts under investments. They're real assets, even though you can't access them penalty-free until retirement age in most cases.
How often should I recalculate my net worth?
Quarterly or after major changes (a home purchase, a paid-off loan, a big market move) is usually enough — net worth is a slow-moving number, and checking too often mostly adds noise. If a large liability is what's weighing your number down, the Loan Repayment Calculator can help you see a path to paying it off.