Personal finance / Net worth 01
Know what you own. Understand what you owe.
Add your assets and debts to see your personal net worth instantly—then explore a simple projection of where it could go.
Net worth = Total assets − Total liabilities
Beginner guide
Three steps. One clear number.
- Use today’s values.For property, vehicles and valuables, enter a realistic current selling value—not what you originally paid.
- Keep assets and debts separate.Enter your home’s full current value as an asset and the remaining mortgage as a liability. The calculator handles the subtraction.
- Track direction, not perfection.Net worth is a snapshot. Revisit it periodically to see whether the gap between assets and debt is moving in the direction you want.
Calculation method. Current net worth uses the standard assets-minus-liabilities definition described in the CFPB financial toolkit. Future estimates use monthly contributions and compounding concepts consistent with the Investor.gov compound interest calculator, with the simplifying assumptions stated above.
Frequently asked questions
What counts as an asset?
An asset is something you own with financial value: cash, investments, retirement accounts, property, vehicles, a business interest or other valuables. Use a realistic current value.
What counts as a liability?
A liability is money you currently owe, such as a mortgage, student loan, vehicle loan, credit card balance or personal loan. Enter the outstanding balance rather than the monthly payment.
What if my net worth is negative?
It means your current liabilities are greater than your current assets. This can happen when someone has a mortgage, student debt or is early in their financial journey. The number is a starting point for tracking change, not a personal score.
Is the future projection a guarantee?
No. It is an educational estimate based only on the assumptions you enter. Actual returns, debt interest, property values, inflation, taxes, fees and life changes can produce very different results.