Net Worth Calculator
What you own minus what you owe, in one number.
Good to know. Net worth goes up when you pay off a loan, even though your bank balance goes down.
How it works
In plain words
Add up the value of everything you own. Add up everything you owe. Net worth is the difference.
The formula
net worth = total assets − total debts
Worked example
Assets of 10,000 + 40,000 + 350,000 + 15,000 = 415,000, minus debts of 250,000 + 20,000 + 2,000 = 272,000, is a net worth of 143,000.00.
Sources
- Federal Reserve, Survey of Consumer Finances 2022 Median US household net worth.
Sources checked September 30, 2026. 3 automated tests check its answers on every change.
About the net worth calculator
Your net worth is everything you own minus everything you owe. It is the one number that sums up your finances, because it counts both sides: a big salary with bigger debts can leave you with less than a modest salary and no loans.
Count assets at what they would sell for today: savings, investments, retirement accounts, your home and any other property, and cars. Leave out everyday belongings like furniture and phones, which are worth little second-hand. Count debts at what you would need to pay them off today, not the monthly payment.
A negative net worth is common early on, especially with student loans or a new mortgage, and it says nothing about your future. What matters is the direction. Paying down debt raises it just as much as saving does, and your home equity grows with every mortgage payment.
The line “net worth without your home” shows how much you could draw on without selling where you live. For comparison, the median US household had a net worth of about $192,900 in the Federal Reserve’s 2022 survey, and much less for younger households. Work it out once or twice a year and compare with your own last figure, not other people’s.
Questions people ask
How do I calculate my net worth?
Add up the value of your savings, investments, home and car, then subtract your mortgage, loans and card balances.
Should I include my house in my net worth?
Yes, at what it would sell for, with the mortgage counted as a debt. The result also shows your net worth without it.
Is a negative net worth bad?
It is common in your twenties and after buying a home. What matters is that it rises over time.
What is the average net worth in the US?
The median household net worth was about $192,900 in the Federal Reserve’s 2022 Survey of Consumer Finances. The mean is far higher, pulled up by the richest households.