Net Worth Calculator – Assets Minus Debt

Net worth is the single number that summarizes your whole balance sheet: everything you own at fair market value, minus every debt you owe. The calculator totals the asset side — home value, cash, investments, vehicle, valuables — and the liability side — mortgage, car loan, card balances, student debt — then subtracts. Example: assets of 350,000 home + 60,000 savings + 70,000 investments + 20,000 vehicle = 500,000, against liabilities of 230,000 mortgage + 20,000 car and cards = 250,000, giving a net worth of exactly 250,000. Track it quarterly rather than daily: market swings move the investment line by more than a month of saving can. A negative result simply means debts exceed assets — common early in careers — and the fastest fix is usually attacking high-interest balances first.

1. 1

   Step 1

   List assets at realistic resale value: home, cash, investments, vehicles.

2. 2

   Step 2

   List every liability at payoff amount: mortgage, loans, card balances.

3. 3

   Step 3

   The tool subtracts liabilities from assets for your net worth.

4. 4

   Step 4

   Save the figure and re-run quarterly to track the trend.

• Using purchase price for the home

• Forgetting retirement accounts

• Counting car at retail