How to Calculate Your Net Worth — Step-by-Step Guide
Learn how to calculate your net worth by listing assets and liabilities. Includes what to count, how to value your home, and how to track progress over time.
Step 1: List all your assets Enter every asset you own with its current market value: savings accounts, checking accounts, investment portfolios, retirement accounts, property equity, vehicles, and any other valuable property.
Step 2: Enter current values for each asset Use today's current value, not the original purchase price. For property, use an estimated market value (Zillow, Rightmove, or a recent appraisal). For vehicles, use the trade-in value, not what you paid.
Step 3: List all your liabilities Enter every debt you owe: mortgage balance, car loans, student loans, credit card balances, personal loans, and any money owed to friends or family.
Step 4: Enter current balances for each liability Use the current outstanding balance — not the original loan amount. Check your most recent statements for accurate figures.
Step 5: See your net worth instantly Net Worth = Total Assets − Total Liabilities. The calculator shows this instantly with a visual breakdown. Save a snapshot to track progress over time.