Net Worth Calculator
Add up your assets and subtract your liabilities to see your total net worth.
Written by Rahman · Last reviewed
Quick answer
Net worth = total assets − total liabilities. It is the clearest single measure of financial position because it nets everything you own against everything you owe, which income alone never reveals. The trend matters more than the absolute figure: a rising net worth means the gap is widening in your favour.
Results are estimates for general guidance and are not financial, tax or legal advice. Except where a calculator names a currency, figures carry no currency of their own: put in pounds and you get pounds back, put in rupees and you get rupees. Figures depend on the assumptions you enter and on rates that change over time. Check current rates and speak to a qualified adviser before acting on them.
About the Net Worth Calculator
Net worth is the single clearest measure of your financial health. It is the value of everything you own (your assets) minus everything you owe (your liabilities). A positive and rising net worth means you are building wealth; a negative figure means your debts outweigh your assets.
Tracking net worth every few months (rather than focusing only on income) shows whether your overall financial position is genuinely improving. This calculator lets you list each asset and debt so you can see the complete picture.
Net worth = Total assets − Total liabilities
Assets include cash, savings, investments and property. Liabilities include mortgages, loans and credit-card balances.
Net worth is not money you can use
Net worth totals everything owned against everything owed, which makes it a good measure of financial position and a poor measure of financial capacity. The figure treats a pension you cannot touch for twenty years and cash in a current account as interchangeable, and they are not.
Home equity is where the gap is widest. A $400,000 home with a $250,000 mortgage adds $150,000 to net worth, but reaching that money means selling, refinancing or borrowing against it, and selling costs alone at around 6% would take $24,000 of it, leaving nearer $126,000 realisable.
- Track liquid net worth alongside the total: what could be converted to cash within a month without a penalty.
- Retirement accounts often carry tax on withdrawal, so their headline balance overstates their spendable value.
- A large net worth composed entirely of illiquid assets can coexist with a genuine cash flow problem.
Depreciating assets flatter the number
Assets bought with debt appear in full on the asset side while the loan appears on the liability side, and for anything that loses value the two do not fall at the same rate. A car is the standard example: its value drops fastest in the early years while the loan balance falls slowly, so net worth is overstated at exactly the point the gap is widest.
Valuing possessions optimistically compounds the effect. Furniture, electronics and clothing have very little resale value, and including them at anything near purchase price inflates the total without adding anything you could realise.
- Value assets at what they would sell for today, not what they cost or what they are insured for.
- Revalue on a schedule rather than continuously. Quarterly or annually is enough to see the trend without reacting to noise.
- The direction of travel matters more than the level. A rising figure over several periods says more than any single snapshot.
Frequently Asked Questions
What counts as an asset?
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Anything of value you own: cash and savings, investment accounts, retirement funds, property, vehicles and valuable possessions.
What counts as a liability?
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Everything you owe: mortgage balance, car and personal loans, student debt, credit-card balances and any other outstanding debt.
Is a negative net worth bad?
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It is common early in life, especially with student loans or a new mortgage. What matters is the trend: net worth should rise over time as debts are paid and assets grow.
How often should I calculate it?
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Once every three to six months is enough to see meaningful trends without obsessing over short-term market swings.