Calculate your net worth with manual asset and debt entries, compare monthly snapshots and chart your recorded history. Entries stay in your current tab only; export them before leaving. Prefer a spreadsheet? Keep using the free Excel download. Neither version connects to banks or updates market values automatically.
What's included
- Online assets, liabilities and net worth calculation
- Liquid net worth shown separately with its definition
- Manual monthly snapshots and a growth chart in your current tab
- CSV export of your recorded monthly net worth
- Excel workbook with monthly input rows and net worth formulas
- No account required; no bank connection or automatic valuations
How to Calculate Net Worth
List the current value of what you own and the outstanding balance of what you owe. Subtract total liabilities from total assets. Use balances from a consistent date and a consistent valuation method. Net worth is a balance-sheet snapshot, not income, cash flow or an investment-return rate.
Assets and Debts to Include
Assets may include cash, taxable investments, retirement accounts, full property market values and other saleable assets at realistic resale values. Debts include mortgages, student or vehicle loans and credit cards. Do not capitalize salary or future pension payments without a defensible valuation method. Home estimates are uncertain and can differ from an actual sale price.
Home Equity Without Double Counting
In the online calculator, enter full property value under assets and the mortgage under liabilities. For a $350,000 home and $280,000 mortgage, the net contribution is $70,000. Entering only $70,000 equity and then subtracting $280,000 again understates net worth. The existing workbook labels its property input as equity; follow the download note to avoid that mistake.
Net Worth Is Not Spendable Cash
Retirement accounts and home equity contribute to net worth but may be difficult or costly to access. This calculator defines liquid net worth as cash plus taxable investments less all debts. It excludes property, retirement and other assets and does not estimate taxes, transaction costs or loan repayment timing. Different sources may use different liquidity definitions.
Key formulas
Net worth = total assets − total liabilities Liquid net worth (this calculator) = cash + taxable investments − all liabilities Property convention online: full market value as asset; full mortgage balance as liability. Percentage change = (current − previous) / previous × 100, only when previous > 0. Dollar change remains useful when starting net worth is zero or negative.
Monthly Net Worth Update Example · Illustrative Figures
- Cash: checking $5,000 + savings $15,000 + emergency savings $20,000 = $40,000
- Investments: brokerage $45,000 + 401(k) $120,000 + Roth IRA $35,000 = $200,000
- Gross property values: home $350,000 + rental $180,000 = $530,000
- Liabilities: home mortgage $280,000 + rental mortgage $140,000 + student loan $15,000 = $435,000
- Total assets $770,000 − liabilities $435,000 = net worth $335,000
- If last month was $330,500, the change is $4,500, or 1.36%. Record both months to chart the change.
Illustrative net worth: $335,000. Liquid net worth under this tool's definition: $85,000 − $435,000 = −$350,000. A one-month increase is not a forecast of future gains.
Frequently Asked Questions
How do I calculate my net worth?
Add current asset values and subtract outstanding debts. Use the same valuation date and avoid double counting accounts or property equity.
What assets count toward net worth?
Cash, investments, retirement accounts, property and realistically saleable assets can count. Use current values, not original purchase prices. This calculator does not value assets for you.
Should I include my home?
You can include its full current market value as an asset and its mortgage as a liability. Alternatively, count only equity and omit that mortgage—but do not mix both methods. Online inputs use the first method.
How often should I update my net worth?
Monthly or quarterly can be a practical cadence. Consistent dates and valuation methods make comparisons more useful; there is no universal required frequency.
Is net worth the same as liquid wealth?
No. A home and retirement savings may contribute to net worth without being readily spendable. Here, liquid net worth equals cash plus taxable investments less all debts, before tax and selling costs.
Educational tool only — results are hypothetical projections from your assumptions, not financial, tax, legal or investment advice.