Know Your Net Worth in Minutes
Net Worth Calculator: Understand Your Financial Snapshot
Your net worth is one of the clearest ways to summarize your current financial position. It compares everything you own (assets) with everything you owe (liabilities). This calculator helps you total both sides and see your net worth instantly, with a detailed breakdown you can export.
What Is Net Worth?
Net worth is the difference between your assets and liabilities. If the number is positive, your assets are larger than your debts. If it is negative, your debts exceed your assets.
The core formula is:
\[ \text{Net Worth} = \text{Total Assets} - \text{Total Liabilities} \]
Assets vs. Liabilities
Assets (What you own)
- Cash and checking balances
- Savings and money market holdings
- Investments such as stocks and funds
- Retirement accounts
- Real estate value (optionally adjusted for selling costs)
- Vehicle resale value and other assets
Liabilities (What you owe)
- Credit card balances
- Personal loans and lines of credit
- Auto loans
- Mortgage balances
- Student loans and other liabilities
Debt-to-Assets Ratio
In addition to net worth, this calculator shows a debt-to-assets ratio to help you gauge how large your liabilities are relative to your assets:
\[ \text{Debt to Assets \%} = \left(\frac{\text{Total Liabilities}}{\text{Total Assets}}\right)\times 100 \]
A lower percentage generally indicates lower leverage. If your total assets are zero, the calculator displays the ratio as 0% to avoid dividing by zero.
Real Estate Selling Costs (Optional Adjustment)
Real estate is often a major part of net worth, but selling a property can involve fees and taxes. If you want a more conservative estimate, you can apply an estimated selling cost percentage:
\[ \text{Net Real Estate Value} = \text{Real Estate Value}\times\left(1 - \frac{\text{Selling Costs \%}}{100}\right) \]
This adjusted value is included in your total assets.
How to Use the Results
Track progress over time
Recalculate monthly or quarterly. Compare results to see whether your net worth is trending upward.
Identify concentration
The breakdown table shows how each category contributes to assets or liabilities. This can highlight dependence on a single asset type or a single debt type.
Plan next actions
If net worth is negative or liabilities are high compared to assets, you can prioritize reducing high-interest debt, building liquid savings, or increasing long-term investments.
Important Notes
This calculator provides a structured estimate based on the values you enter. For best results, use realistic market values and current balances, and update your inputs regularly.