Net Worth Calculator
Calculate your personal net worth by listing your assets (cash, investments, property) and liabilities (loans, debts, credit cards).
Parameters
Assets
$
$
$
$
$
Liabilities
$
$
$
$
$
Results Summary
Total Assets
$6,200,000
Total Liabilities
$3,350,000
Net Worth
$2,850,000
Mathematical Formula
This calculator determines the results based on the following standard financial formula for Net Worth:
Net Worth = Total Assets - Total Liabilities
Variables Glossary
- Total Assets
- Sum of all assets owned
- Total Liabilities
- Sum of all debts and obligations
- Net Worth
- Total assets minus total liabilities
Net worth is the difference between what you own (assets) and what you owe (liabilities). A positive net worth indicates financial health.
Frequently Asked Questions
What is a good net worth?
Net worth varies by age, income, and goals. A general benchmark is net worth = annual income × age / 10. Track yours year over year for improvement.
Should I include my home in net worth?
Yes, include your home's current market value as an asset and the remaining mortgage as a liability. This gives you an accurate picture of your equity.