Net Worth Calculator
This net worth calculator adds up everything you own and subtracts everything you owe, giving you the single number that best summarises your overall financial position. Enter your total assets (cash, investments, property, retirement accounts) and total liabilities (mortgage, loans, credit card debt) to see your net worth instantly. Tracking this figure over time — not any single month's spending or income — is the clearest way to see whether you're actually building wealth.
Everything you own with value — cash, investments, retirement accounts, property, vehicles — at current market value.
Everything you owe — mortgage balance, car loans, credit card debt, student loans, personal loans.
Net worth
$60,000
What you actually own once every debt is settled — e.g. $60,000 for $150,000 of assets minus $90,000 of liabilities.
Everything you own, exactly as entered — shown for comparison against liabilities and net worth.
Everything you owe, exactly as entered — shown for comparison against assets and net worth.
How to use this net worth calculator
- 1Total assets: sum everything you own at current market value — bank balances, investment and retirement accounts, property (use current estimated value, not purchase price), vehicles, and other significant valuables.
- 2Total liabilities: sum everything you owe — mortgage or home loan balance, car loans, personal loans, student loans, and credit card balances.
- 3Use current values, not original purchase prices, for accuracy — an investment or property's value has likely changed since you acquired it.
- 4Recalculate every 3–6 months using the same categories to track the trend, which matters far more than any single snapshot.
Understanding your results
Net worth is assets minus liabilities — a positive number means you own more than you owe; a negative number (common early in careers, especially with student debt or a new mortgage) means the reverse, and is not unusual or alarming on its own. Total assets and total liabilities are shown alongside so you can see the composition, not just the net figure — two people with the same net worth can have very different risk profiles depending on how leveraged (debt-heavy) their assets are.
The formula
Net Worth = Total Assets − Total LiabilitiesThis is the most fundamental equation in personal finance: what you own, minus what you owe, equals what's actually yours. There's no compounding, no time dimension in a single snapshot — the value comes from tracking this number consistently over months and years, which reveals your real financial trajectory far better than tracking income or spending alone, since it captures the net effect of saving, investing, debt paydown and asset value changes all at once.
A worked example
$150,000 of total assets (say, $30,000 in savings and investments, $100,000 of home equity value, $20,000 in a car and other valuables) minus $90,000 of total liabilities (an $85,000 remaining mortgage and $5,000 of credit card debt) gives a net worth of $60,000. Six months later, if the same person paid down $5,000 of the mortgage and added $6,000 to savings while asset values held steady, liabilities would fall to $85,000 and assets rise to $156,000 — net worth climbs to $71,000, an $11,000 improvement that's far more informative than looking at either the debt paydown or the savings increase alone.
Notes for the UK, US and India
Net worth is calculated identically everywhere — assets minus liabilities is a universal, currency-agnostic formula. What differs by market is which assets typically dominate: in the UK and US, home equity and retirement accounts (pensions, 401(k)/IRA) are usually the largest components for most households; in India, real estate, gold, and EPF/PPF balances often play that role. Wherever you are, be conservative valuing illiquid assets like property or a private business — an inflated asset value flatters net worth without reflecting what you could actually realise if you needed to.
Frequently asked questions
What counts as an asset for net worth?+
Anything with resale or market value: cash and bank balances, investment and retirement accounts, property at current market value, vehicles, and significant valuables. Everyday possessions (furniture, clothing) are typically excluded since they have little resale value and are hard to price accurately.
Is a negative net worth bad?+
Not necessarily, especially early in adulthood — student loans, a new mortgage, or early-career low savings commonly produce a negative net worth that improves steadily as income grows and debt is paid down. What matters most is the trend over time, not any single snapshot.
Should I include my primary home in net worth?+
Yes, most people do — use its current estimated market value as an asset and the remaining mortgage balance as a liability, which correctly nets out to your actual home equity. Some prefer excluding the home entirely to focus on 'liquid net worth' (assets you could access without selling where you live) — track both if that distinction matters to you.
How often should I recalculate my net worth?+
Every 3–6 months is a good rhythm for most people — frequent enough to catch meaningful trends, infrequent enough to avoid over-reacting to short-term market swings in investment or property values.
What's a good net worth for my age?+
There's no single universal benchmark since income, cost of living and starting circumstances vary enormously — most financial planners suggest focusing on your own trend line (is it consistently rising?) rather than comparing to population averages, which can be skewed by a small number of very high net worth individuals.