Net Worth Calculator
Calculate your net worth by subtracting total liabilities from total assets.
Cómo funciona
Net worth is a single number summarizing your overall financial position: total assets (everything you own of monetary value) minus total liabilities (everything you owe). A positive net worth means your assets exceed your debts; a negative net worth means the reverse.
Assets typically include cash and savings account balances, investment and retirement accounts, real estate (at current market value, not purchase price), vehicles, and other valuable possessions. Liabilities include mortgages, auto loans, student loans, credit card balances, and any other outstanding debt.
For example, someone with $15,000 in savings, a $300,000 home, and a $20,000 car, against a $220,000 mortgage balance and $15,000 in remaining student loans, has total assets of $335,000 and total liabilities of $235,000 — a net worth of $100,000.
Net worth is a snapshot at one point in time, not a measure of income or cash flow — someone can have a high income but low (or negative) net worth if they carry significant debt, while someone with a modest income can build substantial net worth through saving and investing consistently over time.
Tracking net worth periodically — monthly or quarterly rather than daily — is generally more useful than a single one-time calculation, since the trend over time (is it growing, shrinking, or flat?) reveals much more about financial progress than any single snapshot, which can be skewed by short-term market fluctuations in asset values.
One nuance worth knowing: home equity (home value minus remaining mortgage) is often the largest component of net worth for homeowners, but it's also the least liquid — unlike cash or investments, you generally can't access that value without selling the home or taking on additional debt against it (like a home equity loan).
What counts as an asset?
Anything of monetary value you own — cash, savings, investments, retirement accounts, real estate, and vehicles are common examples.
What counts as a liability?
Any debt or amount you owe — mortgages, auto loans, student loans, credit card balances, and other outstanding loans are all liabilities.
How often should I calculate my net worth?
Monthly or quarterly is common — frequent enough to see meaningful trends over time, without over-focusing on short-term asset value fluctuations that don't reflect real financial progress.
Should I use current market value or purchase price for assets like my home?
Current market value — net worth reflects what your assets are actually worth today, not what you originally paid for them.
Can net worth be negative?
Yes — if total liabilities exceed total assets, net worth is negative. This is common early in life (student loans, recent home purchase) and isn't necessarily a sign of poor financial health on its own.
Why might someone with a high income have a low net worth?
Income and net worth measure different things — high spending, significant debt, or simply not yet having accumulated assets can all result in a high earner having modest or even negative net worth.
Is home equity part of net worth?
Yes — home value minus any remaining mortgage balance counts as an asset (specifically, equity) in a net worth calculation, though it's far less liquid than cash or investments.
Should I include my car's value as an asset?
Yes, at its current resale value — though cars generally depreciate over time, so this figure should be updated periodically rather than left at the original purchase price.
What's a good net worth to have?
There's no universal target — a 'good' net worth depends heavily on age, income, location, and financial goals; tracking your own trend over time is generally more meaningful than comparing to a generic benchmark.
Should I include retirement accounts in net worth even though I can't access them yet?
Yes — retirement accounts are real assets with real value, even though early withdrawal often carries penalties; they're conventionally included in net worth calculations.
How does paying down debt affect net worth compared to saving cash?
Both increase net worth by the same amount, dollar for dollar — paying down $1,000 of debt reduces liabilities by $1,000, the same net effect as adding $1,000 to savings.