Net Worth Calculator
Add up what you own, subtract what you owe, and see your true financial position — with an assets-vs-debts chart.
Total assets $380,000 − total liabilities $260,000.
Your net worth is everything you own minus everything you owe: net worth = total assets − total liabilities. Add up cash, investments, property, and vehicles, then subtract mortgages, loans, and credit-card debt. For example, $380,000 in assets minus $260,000 in liabilities gives a net worth of $120,000.
What net worth is
Net worth is a single snapshot of your financial position: the total value of what you own (your assets) minus the total of what you owe (your liabilities). It’s the number that stays after you imagine selling everything and paying off every debt. Unlike income, which measures money flowing in, net worth measures the stock of wealth you’ve actually built up — which is why it’s the figure most personal-finance plans track over time.
Total assets = cash + investments + property + vehicles + other. Total liabilities = mortgage + loans + credit-card debt + other debts.
Worked example
Take a household with $380,000 in assets and $260,000 in debts.
- 1 List everything you own at its current value. Cash, investments, home, and vehicles — use market or resale value, not what you originally paid.
- 2 Add your assets into one total. $12,000 + $25,000 + $320,000 + $18,000 + $5,000 = $380,000 in total assets.
- 3 List every balance you still owe. Mortgage, loans, and credit-card balances — the amount left to pay, not the original amount borrowed.
- 4 Add your liabilities into one total. $240,000 + $15,000 + $4,000 + $1,000 = $260,000 in total liabilities.
- 5 Subtract liabilities from assets. $380,000 − $260,000 = $120,000 net worth.
What counts as an asset vs a liability
Assets are things of value you own; liabilities are balances you still owe. List each at its current amount.
| Item | Type | How to value it |
|---|---|---|
| Cash, checking & savings | Asset | Money you could spend today |
| Investments & retirement accounts | Asset | 401(k), IRA, brokerage — current balance |
| Home / property | Asset | Current market value, not purchase price |
| Vehicles | Asset | Resale value, which falls over time |
| Mortgage | Liability | Balance still owed on the home |
| Student, auto & personal loans | Liability | Outstanding principal remaining |
| Credit-card debt | Liability | Full unpaid balance you carry |
Reading and tracking the number
Track the trend, not the snapshot. One net-worth figure means little on its own — the point is to recalculate every month or quarter and watch the direction. A number that climbs steadily, even slowly, is the sign of healthy finances; the exact total matters far less than which way it’s moving.
Negative net worth is normal early on. If a mortgage or student loans outweigh what you’ve saved, your net worth can be below zero — that’s common in the first years of a career, not a failure. As you pay down debt and build savings, the same calculation gradually turns positive.