Net Worth Calculator
Add up what you own, subtract what you owe, and see your true financial position.
💰 What you own (assets)
📉 What you owe (liabilities)
The one number that sums up your finances
Income comes and goes, but net worth is the true measure of financial progress. Calculate yours and track it over time.
Assets minus liabilities
Total everything you own across five asset categories, subtract four liability categories, and get your net worth instantly.
Visual breakdown
See assets versus liabilities side by side, plus your asset mix, so you understand what is driving your number.
Positive or negative
Clearly shows whether your net worth is positive or negative — and by how much — with no judgment, just the facts.
PDF statement
Download a clean net-worth statement to file, to track against next time, or to share with a financial advisor.
Track progress
Run it every six months and compare — the trend matters far more than any single snapshot.
100% private
Everything runs in your browser. Your financial details are never sent anywhere or stored.
When to use it
Annual check-up
Calculate your net worth each year to measure real financial progress.
Goal setting
Set a target net worth and track your way toward it.
Loan applications
Know your net worth before applying for a mortgage or large loan.
Financial planning
Bring an accurate net-worth statement to a meeting with an advisor.
Frequently Asked Questions
How do I calculate my net worth?
Net worth is simply your total assets minus your total liabilities. Add up everything you own — cash, investments, retirement accounts, the market value of your home and vehicles, and other valuables — then subtract everything you owe, such as your mortgage, car and student loans, and credit card balances. The result is your net worth, the single clearest snapshot of your financial position.
What counts as an asset?
Anything you own that has monetary value: cash and bank balances, investment and retirement accounts (401(k), IRA, brokerage), the current market value of real estate, vehicles, and significant personal property like jewellery or collectibles. Use realistic current values — what you could actually sell for — not what you paid. Everyday possessions of small value are usually left out.
What counts as a liability?
Everything you owe: the outstanding balance on your mortgage, auto loans, student loans, personal loans, credit card debt, and any other money owed such as tax bills or family loans. Use the current payoff balance, not the original loan amount. The difference between your assets and these liabilities is your net worth.
Is it bad to have a negative net worth?
Not necessarily — it is common and often temporary, especially early in life. New graduates with student loans, or recent buyers with a large mortgage and little equity, frequently have a negative net worth. What matters is the trend: as you pay down debt and build savings and equity, net worth should climb over time. Tracking it regularly shows whether you are moving in the right direction.
How often should I calculate it?
Once or twice a year is enough for most people — for example, every January and July. Calculating too often can be discouraging because markets and home values fluctuate short-term. The value of net worth is as a long-term trend line: comparing the same date year over year filters out noise and reveals real progress.
Should I include my home and its mortgage?
Yes — include the home's current market value as an asset and the outstanding mortgage balance as a liability. The difference is your home equity, which is a real part of your wealth. Just be realistic about the home's value; use a recent comparable sale or a conservative estimate rather than an optimistic one, since over-valuing assets inflates your net worth misleadingly.
Understanding Net Worth
Net worth is the most honest number in personal finance. Income tells you what you earn; spending tells you what you consume; but net worth — what you own minus what you owe — tells you what you have actually built. It cuts through lifestyle and salary to reveal real financial health, which is why advisors treat it as the headline metric of a financial plan.
The simple formula
Net worth = total assets − total liabilities. Assets are everything you own with value: cash, investments and retirement accounts, the market value of property and vehicles, and significant personal possessions. Liabilities are everything you owe: mortgage, car and student loans, credit card balances, and any other debts. Subtract the second from the first and you have your net worth. It can be positive or negative, and either is normal depending on your stage of life.
Why income isn't wealth
A high earner who spends everything and carries large debts can have a lower net worth than a modest earner who saves consistently. This is the crucial insight net worth reveals: wealth is built by the gap between earning and spending, accumulated over time, not by income alone. Two people with identical salaries can have wildly different net worths a decade apart purely because of saving and borrowing habits.
The trend is what matters
A single net-worth figure is a snapshot; the real value is in the trend. Calculating it on the same date each year — and watching the line rise as you pay down debt, build savings, and grow investments — is one of the most motivating habits in personal finance. Short-term dips from market swings or a new car loan are noise; the multi-year direction is the signal. A negative or small net worth early in life routinely grows into something substantial through steady progress.
Liquid vs illiquid wealth
Not all assets are equal. Cash and investments are liquid — accessible quickly if you need them. Home equity and vehicles are illiquid, harder to tap without selling or borrowing. Two people can share the same net worth while one is cash-rich and flexible and the other is "house rich, cash poor." When you review your breakdown, consider not just the total but the mix: a healthy plan usually pairs growing net worth with enough liquid assets to handle emergencies without forced selling.
Turning the number into action
Once you know your net worth, it becomes a tool. If liabilities dominate, prioritise paying down high-interest debt. If assets are heavily tied up in one place — like home equity — consider building more liquid savings and investments for balance. Set a target net worth for a future date and use the savings and investment calculators to map a path there. Reviewed regularly and acted on, net worth turns from a number you check into a plan you follow.