Free Net Worth Calculator
Your net worth is everything you own minus everything you owe. Type your numbers below and the total updates as you go. Nothing you enter leaves your browser.
What you own (assets)
What you owe (debts)
The numbers above are an example household. Replace them with your own.
How to calculate net worth
Net worth = total assets minus total liabilities. Assets are things with a cash value you could get if you sold them. Liabilities are balances you still owe.
- List every account balance: checking, savings, retirement and brokerage accounts.
- Add what your home, car and other big items would sell for today, not what you paid.
- List every debt with its current payoff balance: mortgage, car loans, student loans, credit cards.
- Subtract total debts from total assets. The result can be negative, and that is normal for many people in their twenties.
Worked example
The example in the calculator has $389,000 in assets and $270,700 in debts, so its net worth is $118,300. Most of that comes from home equity: a $310,000 home minus a $240,000 mortgage adds $70,000.
What counts and what does not
- Count: cash, retirement accounts, investments, home value, vehicles at resale value, money others owe you.
- Skip: furniture, clothes and electronics unless you would actually sell them, and income you have not received yet.
- Debts: use the payoff balance, not the monthly payment.
How often to check it
Once a month or once a quarter is enough. The direction over a year tells you more than any single number, because home values and markets move up and down.
Frequently asked questions
Should I include my home in my net worth?
Yes, at a realistic sale price, and subtract the mortgage balance. Some people also track a second number without the home, because home equity is hard to spend.
Is a negative net worth bad?
It is common early in a career, especially with student loans. What matters is whether the number is rising over time as you pay down debt and save.
Do retirement accounts count toward net worth?
Yes. Include 401(k), 403(b) and IRA balances. If you want a cautious number, you can subtract the taxes you would owe on pre-tax accounts.
Does this calculator save my numbers?
No. Everything is calculated in your browser and nothing is sent or stored. Copy your totals somewhere safe if you want to compare them next month.