Net Worth Calculator
Know where you stand
Your net worth is simply everything you own minus everything you owe. This free calculator helps you work out that number so you can see where you stand financially.
Assets
Liabilities
Your net worth
$0
$0 in assets minus $0 in liabilities
What is net worth
Net worth is a snapshot of your overall financial health at a single point in time. It is the difference between everything you own and everything you owe, giving you one number that sums up where you currently stand.
Why should you know your net worth
Knowing your net worth tells you whether you are building wealth or falling behind, which matters far more than any single number like your income or your bank balance. Checking it regularly helps you see the real effect of your financial decisions, from paying down debt to growing your savings, and gives you an honest benchmark to measure progress toward goals like retirement or buying a home.
How is it calculated
The formula is simple: net worth equals total assets minus total liabilities. Add up everything you own, then subtract everything you owe. If what you own is worth more than what you owe, you have a positive net worth. If your debts outweigh your assets, your net worth is negative. The calculator above does this math for you automatically as you fill in each field.
Assets and liabilities explained
If you are not sure what counts as an asset or a liability, here is a general guide. Your net worth only reflects the difference between the two, not the size of either side on its own.
Assets
- Money in your checking, savings, and retirement accounts
- Balances in 401(k)s and IRAs
- Your home, if you own one
- Investments you could sell for cash, such as stocks and bonds
- Cars, boats, art, collections, and other valuable property
- Land
Liabilities
- Money you owe to another person or entity
- Mortgages
- Car loans
- Credit card balances
- Medical debt
- Student loans
- Business loans
- Personal loans
- Payday loans and title loans
The bottom line
Net worth is not a one-time calculation. It changes as your assets grow, your debts shrink, and markets move, so it is worth revisiting every few months rather than checking it once and forgetting about it. A single low or negative number is not a verdict on your finances, it is simply a starting point you can build from over time.