Net worth calculator: see your whole financial picture in one number
Most people know their checking balance, but few know their net worth. Accounts are spread across banks, retirement plans and loans, and it’s easy to see only part of the picture. Adding up everything you own and everything you owe gives you a single number to understand where you stand today, and to track how it changes over time.
Net worth calculator
- Net worth
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- Total assets
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- Total debts
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- Debt-to-asset ratio
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Use current market values for assets (what they’d sell for today) and current balances for debts. Everything here runs in your browser; nothing you enter is stored or sent.
What this calculator can help you understand
- Your net worth: everything you own minus everything you owe.
- Your total assets and total debts.
- Your debt-to-asset ratio, the share of your assets financed by debt.
When it’s useful
- When you want a starting point before setting financial goals.
- Once or twice a year, to track progress.
- After a big change, such as buying a home or paying off a loan.
- When planning for retirement, to see your overall position.
Who it’s for
- Anyone getting organized with their finances.
- Couples combining their pictures.
- People paying down debt who want to see progress beyond monthly balances.
What to enter
| Input | What it means | Where to find it |
|---|---|---|
| Cash, checking and savings | Money in bank and credit union accounts | Your statements |
| Investments (brokerage) | Taxable investment accounts | Your brokerage statements |
| Retirement accounts | 401(k), IRA and similar balances | Your plan statements |
| Home value | What your home would sell for today | Recent sales nearby or an estimate |
| Vehicles | What your cars would sell for | Used car pricing guides |
| Other assets | Anything else of value | Your own estimate |
| Mortgage | What you owe on your home | Your mortgage statement |
| Auto loans | What you owe on vehicles | Your loan statements |
| Student loans | Student loan balances | Your servicer’s website |
| Credit card balances | Current card balances | Your statements |
| Other debts | Personal loans, medical debt and other balances | Your statements |
How to use it
- Enter the current value of each type of asset you have. Leave others at 0.
- Enter what you currently owe on each type of debt.
- Read your net worth, then your total assets and debts.
- Note the debt-to-asset ratio, and revisit it as you pay down debt.
Understanding your results
- Net worth = total assets − total debts.
- Total assets adds up the values you entered.
- Total debts adds up the balances you entered.
- Debt-to-asset ratio = total debts ÷ total assets.
A worked example
Suppose you have $15,000 in cash, $20,000 in a brokerage account, $60,000 in retirement accounts, a home worth $350,000 and vehicles worth $18,000. You owe $280,000 on your mortgage, $12,000 on a car loan, $22,000 in student loans and $3,000 on credit cards.
- Total assets: $463,000.
- Total debts: $317,000.
- Net worth: $146,000.
- Debt-to-asset ratio: 68.5%.
- What it means: much of this household’s net worth is home equity ($70,000). Cash and brokerage assets minus card debt come to $32,000, money that’s easier to reach in an emergency.
Common mistakes
- Using purchase prices. Use what things are worth today; cars in particular lose value.
- Forgetting smaller debts. Store cards, medical bills and buy-now-pay-later balances all count.
- Counting the same thing twice. If your home equity is included through the home value and mortgage, don’t add it separately.
- Focusing on one number. Net worth is most useful as a trend.
What to do with your result
- Write down today’s number and check it again in a few months.
- If debts are a large share, the debt payoff calculator can help you plan to reduce them.
- If you’re thinking about the long term, the retirement calculator shows where your savings could lead.
Limitations to keep in mind
Net worth is a snapshot based on the values you enter. Asset values are estimates and can change, and retirement accounts may be taxed when withdrawn. It isn’t a valuation or financial advice.
Frequently asked questions
What counts as an asset?
Anything you own that has value: cash, savings, investments, retirement accounts, your home, vehicles and other property. Use what it would sell for today, not what you paid.
Should I include my home?
Yes, at its estimated current value, with the mortgage as a debt. Some people also track net worth without their home, because home equity is hard to spend. In our example, home equity is $70,000.
Is a negative net worth bad?
It’s common, especially early in a career, after student loans, or soon after buying a home. What matters most is the direction it’s moving over time.
What is the debt-to-asset ratio?
Your total debts divided by your total assets. A lower ratio means more of what you own is yours outright. In our example, it’s 68.5%.
How often should I calculate my net worth?
Many people check every few months or once a year. Tracking it regularly shows your progress more than any single number.
Should retirement accounts count?
Yes, though withdrawals may be taxed and early withdrawals may carry penalties, so their spendable value can be lower than the balance shown.
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This calculator gives estimates for illustration, based on the figures you enter and the assumptions described on this page. It isn’t financial, tax or legal advice, an offer, or a guarantee of any outcome.