Net Worth Calculator
Calculate your estimated net worth by adding assets and subtracting debts, with editable categories and clear breakdowns.
- Free to use
- No account required
- Results shown instantly
Assets
Liabilities
Enter your assets and liabilities, then click calculate to estimate your net worth.
What Is Net Worth?
Net worth is the value of everything you own (your assets) minus everything you owe (your liabilities). It is a snapshot of your financial position at a point in time — a single number that shows whether, if you settled every debt today, you would have money left over.
How to Calculate Net Worth
Net Worth Formula
Net Worth = Total Assets − Total Liabilities
Add up the current value of everything you own, add up the outstanding balance of everything you owe, and subtract. A positive result is a positive net worth; a negative result means you owe more than you own.
Assets Explained
Assets are things you own that have value: cash and checking accounts, savings, investment and retirement accounts, real estate (at estimated current market value), vehicles, business ownership interests, and other valuables. Use current estimated market values where appropriate — what something is worth now, not what you paid for it.
Liabilities Explained
Liabilities are what you owe: mortgage balances, auto loans, student loans, credit card balances, personal loans, business debts you are personally responsible for, and other obligations. Use the outstanding payoff balance, not the original loan amount.
Positive vs. Negative Net Worth
A positive net worth means your assets exceed your liabilities. A negative net worth means you owe more than you own — common early in a career or after taking on significant debt like a mortgage or student loans. Net worth is a starting point, not a verdict; tracking it over time shows whether your financial position is improving.
Home Equity and Net Worth
For a home, list the property at its estimated current market value as an asset, and list the outstanding mortgage balance separately as a liability. The difference is your home equity. Do not subtract the mortgage from the property value before entering it — the calculator subtracts the liability from your total assets automatically. Entering both correctly ensures the mortgage is counted once, not twice.
Retirement Accounts and Investments
Retirement accounts (401(k), IRA, pension balances) and taxable investment accounts count as assets at their current value. Some accounts may have tax consequences or withdrawal restrictions that affect their practical value, but for a net worth snapshot the current market value is the standard figure.
How to Track Net Worth Over Time
Recalculate your net worth periodically — monthly, quarterly, or annually — using current balances and estimated values. Tracking the trend over time is more useful than any single number, because it shows whether your assets are growing faster than your debts. Keep the figures private; this calculator performs all calculations locally in your browser and does not store your entries.
Net Worth Methodology
- Total assets: the sum of all asset entries, using current estimated market values for items like real estate and vehicles rather than purchase prices.
- Total liabilities: the sum of all liability entries, using the outstanding payoff balances — not original loan amounts.
- Net worth: total assets minus total liabilities. A negative result is shown directly and is valid.
- Home equity treatment: a property is entered at its estimated value as an asset, and the mortgage is entered separately as a liability. The mortgage is subtracted once — never double-counted.
- Assets-to-liabilities ratio: total assets divided by total liabilities, shown only when liabilities are greater than zero.
- Category aggregation: entries with the same label are combined into a single line in the breakdown, sorted highest to lowest.
- Rounding: all calculations use full numerical precision internally and are rounded only for display.
These are your own estimates and are not certified valuations. For assets like real estate or businesses, a formal appraisal may differ from your estimate. See our MoneyMetric HQ Methodology page for the general approach behind all MoneyMetric HQ calculators.
Net Worth Example
Illustrative Example
- Total Assets: $250,000
- Total Liabilities: $150,000
Estimated net worth = $250,000 − $150,000 = $100,000.
Net Worth FAQs
What is net worth?
Net worth is everything you own (assets) minus everything you owe (liabilities). It is a snapshot of your financial position at a point in time.
How do I calculate my net worth?
Add up the current value of all your assets, add up the outstanding balance of all your debts, and subtract total liabilities from total assets. The calculator does this automatically and supports custom categories.
Is my home included?
Yes. Enter your home at its estimated current market value as an asset, and enter your outstanding mortgage balance separately as a liability. The mortgage is subtracted once — do not deduct it from the home value before entering it.
Do retirement accounts count as assets?
Yes. List 401(k), IRA, pension, and other retirement account balances at their current value. Some may have tax consequences or withdrawal restrictions, but the current value is the standard figure for a net worth snapshot.
Should I include my car?
Yes, at its estimated current value as an asset, and any outstanding auto loan balance as a liability. Use current market value, not the purchase price.
What does negative net worth mean?
It means your liabilities exceed your assets — you owe more than you own. This is common early in a career or after taking on significant debt. It is a starting point, not a final verdict; tracking it over time shows your direction.
How often should I calculate net worth?
Monthly, quarterly, or annually. The trend over time is more useful than any single number because it shows whether your assets are growing faster than your debts.
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OpenMoneyMetric HQ calculators are provided for educational and informational purposes. Results are estimates and may differ from lender, loan-servicer or other financial calculations because of loan terms, payment timing, rounding, fees, taxes, insurance and other factors. MoneyMetric HQ does not provide personalized financial, investment, tax, legal or credit advice. These are your own estimates and are not certified valuations. All calculations run locally in your browser and are not stored or transmitted. See our Methodology, Financial Disclaimer, and Privacy Policy.