Skip to main content
Calcora

Personal finance

Net Worth Calculator

Calculate your current net worth: add up your assets, subtract your liabilities and debts, and see what makes up each side.

What you own and what you owe

Enter today's values and balances. Leave a field blank if it does not apply: a blank field counts as $0.

Assets

What you own, at its estimated current value.

Checking, savings, and money market accounts.

Brokerage accounts, stocks, bonds, mutual funds, and ETFs.

Current balances of 401(k), IRA, Roth IRA, and similar accounts.

Use the estimated current market value of property you own. Enter any mortgage under liabilities.

Use estimated current resale value, not the original purchase price.

Enter an estimated current value for your ownership interest, if applicable.

Valuable personal property, collectibles, and other financial assets.

Liabilities

What you owe, as the balance remaining today.

The remaining principal you owe, not your monthly payment.

The current balance of all your student loans.

The remaining balance on loans for vehicles you own.

Balances you owe on credit cards today.

Remaining balances on personal loans.

Unpaid medical bills or medical loans.

Any other money you owe, such as tax debt or a family loan.

Private by design

Your asset values and debt balances stay in your browser and are not sent to Calcora.

How to calculate net worth

Net worth is what you own minus what you owe, measured on one day.

  1. Add up what you own

    Total assets are the current values of your accounts, property, vehicles, and anything else you own: what each is worth today, not what you paid.

  2. Add up what you owe

    Total liabilities are the balances remaining on your mortgage, loans, credit cards, and other debts today, not your monthly payments.

  3. Subtract what you owe from what you own

    Net worth = total assets − total liabilities. It is positive when your assets are larger, negative when your liabilities are, and $0 when they are equal.

What goes on each side

What counts as an asset

Anything you own that has a current value.

  • Cash in checking, savings, and money market accounts
  • Investments: brokerage accounts, stocks, bonds, mutual funds, and ETFs
  • Retirement accounts at their current balance: 401(k), IRA, and Roth IRA
  • Real estate at its estimated current market value
  • Vehicles at their estimated resale value
  • Your share of a business, at an estimated current value
  • Other assets, such as collectibles or valuable personal property

What counts as a liability

Any balance you owe today.

  • The remaining principal on your mortgage
  • Student loans
  • Auto loans
  • Credit card balances
  • Personal loans
  • Medical debt
  • Other debts, such as tax debt or a loan from family

Home value and mortgage balance go on separate sides

Enter the property's full estimated market value under assets and the remaining mortgage balance under liabilities. Entering only your home equity as the asset would subtract the mortgage twice.

Why market value matters

Net worth measures what you own today, so assets use their current value: what they could reasonably sell for, or an account's balance. A car bought for $40,000 may be worth far less now, and a home may be worth more or less than its price.

Vehicles and auto loans

Like a home and its mortgage, a car goes on both sides: its resale value under assets and the auto loan's balance under liabilities. If the loan is larger than the car's value, the car lowers your net worth.

Negative net worth

When debts are larger than assets, net worth is negative. That is common, for example after student loans or early in a mortgage, and it describes a moment, not a direction. Paying down debt or building savings both raise it.

How often to update net worth

Values and balances change, so net worth is a snapshot of one day. Recalculating it on a regular schedule, such as once or twice a year, with values estimated the same way each time, shows how it changes.

Example calculation

Calculated the same way as the calculator above.

A homeowner with savings, retirement accounts, and debts

The home is entered at its full value, $400,000, and the mortgage balance, $280,000, as a liability. The car is entered at its resale value and its loan as a liability.

Assets

Cash and bank accounts
$25,000
Investments
$60,000
Retirement accounts
$120,000
Real estate
$400,000
Vehicles
$30,000
Other assets
$5,000
Total assets
$640,000

Liabilities

Mortgage balance
$280,000
Student loans
$20,000
Auto loans
$15,000
Credit card debt
$5,000
Total liabilities
$320,000

Net worth = total assets − total liabilities = $640,000 − $320,000 = $320,000

Assumptions

  • Net worth is a snapshot: total assets minus total liabilities, from the current values and balances you enter. Nothing is projected forward.
  • Assets use their estimated current value: the market value of property and vehicles, and the balance of each account, not what you paid.
  • Real estate is entered at its full estimated market value and the mortgage separately as a liability, so the mortgage is subtracted once.
  • Liabilities are the balances remaining today, not monthly payments. Interest that has not been charged yet is not included.
  • Retirement accounts count at their current balance. Taxes or penalties that could apply when money is withdrawn, and the costs of selling an asset, are not subtracted.
  • A blank field counts as $0. Each amount can be up to $100,000,000, in whole cents.
  • Shares are each category's part of total assets or total liabilities, rounded to one decimal place, so they may not add up to exactly 100%.

How Calcora calculates

  • Every calculator explains the formula behind its result in plain language.
  • Calculators are designed to run in your browser, so your inputs are not sent to Calcora.
  • Results help you understand your options. They are not financial advice.
Read the methodology

Frequently asked questions

What is net worth?
Net worth is the value of everything you own minus everything you owe, at one point in time. It is a snapshot of your finances on the day you calculate it, not a score.
What counts as an asset?
Anything you own that has a current value: cash and bank accounts, investments, retirement accounts, real estate, vehicles, your share of a business, and valuables such as collectibles. Use what each is worth today, not what you paid.
What counts as a liability?
Any balance you owe today: your mortgage's remaining principal, student loans, auto loans, credit card balances, personal loans, medical debt, and other debts. Use the balance remaining, not the monthly payment.
Should I enter home equity or full home value?
Enter the property's full estimated market value under assets and the remaining mortgage balance under liabilities. The calculator subtracts the mortgage for you, so entering only your equity would subtract it twice.
Should I include my 401(k) in net worth?
Yes. Retirement accounts such as a 401(k), IRA, or Roth IRA count at their current balance. This calculator does not project them forward or subtract taxes that could apply when money is withdrawn; the 401(k) Calculator projects a 401(k)'s future balance.
Can net worth be negative?
Yes. When your liabilities are larger than your assets, your net worth is negative, which is common with student loans or a new mortgage. The calculator shows a negative result as it is, with a minus sign.
Does Calcora store my asset or debt information?
No. Every calculation runs in your browser. Your asset values and debt balances are not sent to Calcora, stored, or shared.

Related calculators

Net worth uses today's balances. To see how a 401(k) balance could grow by retirement, use the 401(k) Calculator; to plan paying off several debts, the Debt Payoff Calculator.