Should I include my home and mortgage?

Yes, both. Put the current market value in assets and the outstanding mortgage balance in liabilities. Including one without the other is the single most common way people get a badly wrong number, in either direction.

What value should I use for my car?

A realistic private sale value today, not what you paid. Vehicles depreciate quickly, and using the purchase price inflates net worth by an amount that grows every year you keep the car.

Does this account for tax on selling my investments?

No. Asset values are entered gross, so a taxable brokerage account or a traditional retirement account is worth less to you after tax than the figure shown. Treat the result as a ceiling rather than spendable wealth.

Is a negative net worth a problem?

Not automatically. Someone early in a career with student debt and a mortgage will often be negative for years while building assets and earnings. What matters is whether the number improves over time and whether the debt is productive.

How often should I calculate it?

Quarterly or annually is plenty. Monthly calculation invites reacting to market noise, and the value of the exercise lies in the trend across years, not weeks.

Does the tool store my figures?

No. Everything stays in the page and is gone when you reload or close it. Nothing is transmitted, uploaded or saved, which is deliberate for a page where you list your entire financial position.

Should I include personal belongings and furniture?

Generally not, unless an individual item is genuinely valuable and could be sold, such as jewellery or artwork. Everyday possessions are worth a fraction of what they cost second hand, and listing them adds a lot of noise for very little accuracy.

What about a business I own?

Include your share of its value as an asset if you could realistically sell it, and any debt you have personally guaranteed as a liability. Use a conservative figure, since owner estimates of private business value tend to run well ahead of what a buyer would pay.

Net Worth Calculator: Total Assets Minus Liabilities

Net Worth Calculator: Total Assets Minus LiabilitiesThe Net Worth Calculator is a free browser-based tool that subtracts everything you owe from everything you own and reports the difference as a single figure. You build two lists, naming each asset and each liability and entering its value, and the tool returns total assets, total liabilities and the net result, shown in green when positive and red when negative. It is a snapshot of one moment, built from values you supply. It does not verify anything, does not adjust for the tax you would owe on selling an asset, and does not save between visits.

What people use it for

Establishing a baseline to measure against

Someone who has never calculated it lists their accounts, home, car, mortgage, student loans and cards, and gets a real number for the first time. The figure itself matters less than having a baseline, because the direction it moves over the following years is the actual signal.

Seeing why a high income has not built wealth

A well-paid professional lists $62,700 of assets against $51,200 of liabilities and finds a net worth of $11,500. Income and net worth are unrelated quantities, and putting the two lists next to each other is usually where that lands properly.

Preparing figures for a mortgage or loan application

Lenders ask for assets and liabilities separately, and having them itemised with a total already worked out makes the paperwork faster. It also surfaces anything forgotten, which is better found at the kitchen table than in an underwriting query.

Facing a negative number honestly

A recent graduate with $6,500 of assets and $36,200 of student and card debt sees negative $29,700. That is a normal position early in a career, and having the number written down turns an anxious feeling into a target that can be tracked as it improves.

How it works

List your assets Name each asset and enter what it is realistically worth today: cash, savings, investments, retirement accounts, property and vehicles. Use current market value rather than what you paid.
List your liabilities Do the same for everything you owe, including the mortgage, car loans, student loans, credit card balances and any money owed to family. Use the current payoff balance rather than the original amount.
Add or remove rows as needed Both lists use the Add row button, and each row can be deleted while more than one remains. Rows left at zero are excluded from the totals automatically.
Press Calculate Net Worth Net worth appears at the top, coloured green when positive and red when negative, with total assets and total liabilities shown separately underneath.
Repeat on a schedule Run the same exercise quarterly or annually with the same categories. Nothing is stored between visits, so print or save each result to build a history you can compare.

Worked examples

Input: Assets: cash and savings $25,000, investments $60,000, home value $350,000, vehicle $18,000. Liabilities: mortgage $270,000, auto loan $9,000, credit cards $3,500.

Result: Total assets $453,000, total liabilities $282,500, net worth $170,500. Most of it is home equity, which is real but not easily spendable.

Input: Assets: checking $4,200, emergency fund $11,000, 401(k) $38,500, car $9,000. Liabilities: student loans $41,000, credit cards $2,800, car loan $7,400.

Result: Total assets $62,700, total liabilities $51,200, net worth $11,500. Positive but thin, with retirement savings doing most of the work.

Input: Assets: savings $1,500, car $5,000. Liabilities: student loans $32,000, credit card $4,200.

Result: Total assets $6,500, total liabilities $36,200, net worth negative $29,700, shown in red. A common early-career position rather than a crisis.

Frequently asked questions

Should I include my home and mortgage?: Yes, both. Put the current market value in assets and the outstanding mortgage balance in liabilities. Including one without the other is the single most common way people get a badly wrong number, in either direction.
What value should I use for my car?: A realistic private sale value today, not what you paid. Vehicles depreciate quickly, and using the purchase price inflates net worth by an amount that grows every year you keep the car.
Does this account for tax on selling my investments?: No. Asset values are entered gross, so a taxable brokerage account or a traditional retirement account is worth less to you after tax than the figure shown. Treat the result as a ceiling rather than spendable wealth.
Is a negative net worth a problem?: Not automatically. Someone early in a career with student debt and a mortgage will often be negative for years while building assets and earnings. What matters is whether the number improves over time and whether the debt is productive.
How often should I calculate it?: Quarterly or annually is plenty. Monthly calculation invites reacting to market noise, and the value of the exercise lies in the trend across years, not weeks.
Does the tool store my figures?: No. Everything stays in the page and is gone when you reload or close it. Nothing is transmitted, uploaded or saved, which is deliberate for a page where you list your entire financial position.
Should I include personal belongings and furniture?: Generally not, unless an individual item is genuinely valuable and could be sold, such as jewellery or artwork. Everyday possessions are worth a fraction of what they cost second hand, and listing them adds a lot of noise for very little accuracy.
What about a business I own?: Include your share of its value as an asset if you could realistically sell it, and any debt you have personally guaranteed as a liability. Use a conservative figure, since owner estimates of private business value tend to run well ahead of what a buyer would pay.

Tips

Use the same category names each time you run it. Consistency is what makes two snapshots comparable a year apart.
Be conservative with asset values and precise with debts. Optimistic property valuations are the usual source of a flattering but useless number.
Track net worth rather than income as your progress measure. Income tells you what came in, net worth tells you what you kept.
Include retirement accounts even though you cannot access them yet. They are genuinely yours and excluding them badly understates your position.

Written by Ahsan Mahmood. Last updated 2026-07-21. This calculator runs entirely in your browser and produces estimates, not tax advice.TaxEase — Net Worth Calculator: Total Assets Minus Liabilities