Net Worth Calculator
Get a snapshot of your finances. Add up what you own, like savings, investments, and your home, and subtract what you owe, like your mortgage and credit cards. Leave any field blank if it doesn't apply.
Your net worth
117,000
Check the highlighted fields to see your result.
- Total assets
- 345,000
- Total debts
- 228,000
- Debt to assets
- 66.1%
Results are estimates for information only and do not constitute financial, medical, or legal advice.
What net worth means
Your net worth is what you would have left if you sold everything you own and paid off all your debts. Assets are things with money value, like bank accounts, investments, your home, and vehicles. Liabilities are the debts you still owe on them and on anything else.
The formula
Net worth = total assets − total liabilities
Worked example
You have $10,000 in the bank, $45,000 in a 401(k), a home worth $275,000, and a $15,000 car. You owe $210,000 on the mortgage, $12,000 on the car, and $6,000 on credit cards.
- Assets: $10,000 + $45,000 + $275,000 + $15,000 = $345,000.
- Liabilities: $210,000 + $12,000 + $6,000 = $228,000.
- Net worth: $345,000 − $228,000 = $117,000.
Frequently asked questions
Is a negative net worth bad?
It's common, especially early in your career or after taking out student loans or a new mortgage. What matters most is the direction: if your net worth goes up over time, you're making progress.
Should I include my car?
Yes, at what you could sell it for today, not what you paid. Cars lose value every year, so update the number when you recalculate. Don't include everyday things like furniture or clothes unless they are worth a lot.
How often should I calculate my net worth?
Once or twice a year is enough for most people. Checking it at the same time each year makes it easy to compare and see your progress.
What is the debt-to-asset ratio?
It shows how much of what you own is covered by debt. At 50%, half of the value of your assets is owed to someone else. A lower number means more of what you own is truly yours.