Net Worth Calculator – Total Assets Minus Debts
Calculate your net worth by totaling all assets and subtracting all debts. Track your financial health over time.
📊 Finance📐 Net Worth = Total Assets - Total Liabilities
Cash and savings ($)
Investments and retirement ($)
Home value ($)
Other assets ($)
Mortgage balance ($)
Credit cards and loans ($)
Please enter valid values.
Formula & Reference
| Variable | Formula | Units |
|---|---|---|
| Net Worth Calculator – Total Assets Minus Debts | Net Worth = Total Assets - Total Liabilities | $ |
Step-by-Step Examples
Example 1
Typical 40yo Homeowner
$15K cash, $80K investments, $350K home, $250K mortgage, $12K debt.
- Assets: $455,000 | Liabilities: $262,000
- Net worth: $193,000
✓ $193,000 net worth
Example 2
Early 30s Renter
$10K cash, $30K investments, $5K car, $8K student loans, $3K credit cards.
- Assets: $45,000 | Liabilities: $11,000 | Net worth: $34,000
✓ $34,000
Example 3
Negative Net Worth
$5K cash, $0 investments, $35K student loans, $5K credit cards.
- Assets: $5,000 | Liabilities: $40,000 | Net worth: -$35,000
- Normal for recent grads — focus on debt!
✓ -$35,000
Real-World Applications
Everyone
Measure your true financial position.
Wealth Builders
Track net worth growth over time.
Financial Planners
Complete client financial picture.
Lenders
Understand borrower financial health.
Common Mistakes to Avoid
⚠️
Overvaluing depreciating assets
A 10-year-old car is worth much less than you paid. Use current market value, not purchase price.
⚠️
Forgetting all liabilities
Include student loans, car loans, home equity lines, and any other debt — not just credit cards and mortgage.
Frequently Asked Questions
Average net worth by age? ▾
30s: $122K median. 40s: $220K median. 50s: $398K median. 60s: $566K median. (Federal Reserve 2022)
Is negative net worth normal? ▾
Very common for young adults with student loans or early career. Focus on building income, reducing debt, and consistent investing.
Fastest way to grow net worth? ▾
Increase income, reduce spending, pay down high-rate debt, and invest consistently in diversified index funds.