Net Worth Calculator

Net worth is assets minus liabilities — a balance-sheet snapshot of what you own versus what you owe at a moment in time. Positive net worth means assets exceed debts; negative means debts exceed assets, common early in careers with student loans and new mortgages.

Assets typically include cash, checking, savings, brokerage accounts, retirement accounts (401(k), IRA), home equity at realistic market value, vehicles at private-party sale value, and other property. Liabilities include mortgages, car loans, student loans, credit cards, medical debt, and personal loans.

Defaults: $120,000 assets − $45,000 liabilities = $75,000 net worth. One number alone is not good or bad — trajectory matters. Tracking quarterly or annually shows whether debt payoff and saving are moving the needle.

Consistency beats precision theater. Either include your home and mortgage together or exclude both for a "investable net worth" view — switching definitions between months makes trends meaningless. Zillow estimates swing; use a conservative home value if you are not selling soon.

Common mistakes include counting gross home value without subtracting mortgage, ignoring credit card balances updated mid-month, and valuing cars at purchase price instead of current resale. Retirement accounts count as assets even if illiquid until retirement age.

This calculator does not store history, project growth, or compare to age benchmarks. Pair with budget and debt tools for action — net worth is the scoreboard, not the playbook.

Joint net worth for couples adds both sides' assets and liabilities — enter combined totals or run twice and add manually for separate property tracking.

Student loan forgiveness or PSLF changes liability side overnight — recalculate when balances discharge, not when policy is merely proposed.

Business owners mix personal and LLC balance sheets — keep business debt off personal net worth unless you personally guarantee it.

Collectibles and crypto are volatile assets — use conservative marks; net worth swings with appraisal assumptions.

Negative net worth early in career is normal with student debt — direction of travel quarter over quarter matters more than the sign today.

Spouse separate property in community-property states may need legal distinction — this form is one combined snapshot, not marital accounting.

Assets held in trust may not belong on a personal net worth line — legal ownership determines what you include.

Paid-off cars are assets at resale value even without a loan — do not omit vehicles because there is no liability line.

Updating quarterly catches investment drift better than annual for volatile markets — pick a schedule you will actually follow.

Liabilities near zero with low assets still shows positive net worth — young savers with student debt may be negative for years before crossing zero.

Include employer stock vests only when vested — unvested RSUs are not yours yet and should stay off the asset total.

Mortgage prepayment builds equity faster than the liability line shows if you only track minimum mortgage balance — optional accelerated payments are not modeled.

529 balances for kids are assets but earmarked — some trackers show parent net worth with and without education subtotals for clarity.

Home equity line available credit is not an asset — only home value and outstanding mortgage belong in the snapshot.

Personal property insurance schedules jewelry separately — include insured values only if you would replace those items after a loss.

Cryptocurrency wallets belong in assets at mark-to-market you believe — volatility means updating net worth monthly if crypto is material.

Subtract depreciating car loan balance from car asset value to see equity, or list gross car value and full loan separately — do not double-count.

Age-based net worth benchmarks from articles ignore your local cost of living — compare yourself to your own prior snapshots, not internet averages.

Include HSA balance as an asset if you treat it as long-term healthcare reserve — exclude if you reimburse current-year expenses from it.

Limits: two inputs only — you aggregate categories yourself. Not financial or tax advice. Business equity, crypto, collectibles, and deferred compensation need manual inclusion at fair estimates.