CalcMyFin

Budget & Income

Net Worth Calculator

Add up everything you own and everything you owe to get a clear snapshot of your financial health. Tracking net worth over time is one of the best ways to see real progress.

  • Free, no sign-up
  • Private: runs in your browser
  • Updated September 2026

Assets

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$
$
$

Liabilities

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$
$
$

How to use the net worth calculator

  1. Enter the current value of your assets: cash, investments, retirement accounts, home and vehicles.
  2. Enter what you owe: mortgage, car loans, student loans and credit cards.
  3. Add extra rows for anything else, then check your net worth.

How it's calculated

Net worth = Total assets − Total liabilities

Use realistic market values for things like your home and car (what they'd sell for today), and current payoff balances for debts.

Example

Someone with $15,000 in savings, $60,000 in a 401(k), a home worth $350,000 and a $12,000 car has $437,000 in assets. With a $280,000 mortgage, a $9,000 car loan and $3,000 on credit cards ($292,000 in liabilities), their net worth is $145,000.

Tips

  • Recalculate every 3–6 months and watch the trend, not a single number.
  • A negative net worth is common early in a career or after school. It's a starting point.
  • Paying down debt and saving both raise net worth, and so does avoiding new debt.
  • Be conservative with car and home values so the snapshot stays realistic.

Frequently asked questions

What is a good net worth?
It depends on age, income and location. More useful than comparing with others is tracking whether yours grows each year. A popular rough benchmark is age × pre-tax income ÷ 10, but treat it as a loose guide.
Should I include my home?
Yes. Include its current market value as an asset and the mortgage balance as a liability. The difference is your home equity.
Do retirement accounts count?
Yes. 401(k)s, IRAs and similar accounts are assets. Some people also track a "liquid" net worth excluding retirement and home equity.
How often should I calculate net worth?
Every few months is plenty. Values like investments move daily, so the long-term trend matters more than any single snapshot.
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Sources

This calculator provides educational estimates only and is not financial, tax, legal or investment advice. Results depend on the assumptions you enter; actual terms from lenders, insurers and tax authorities may differ.