Net Worth Calculator

Assets are things you own that have monetary value: cash, checking and savings balances, brokerage and retirement accounts (401k, IRA), your home, other real estate, vehicles, and other personal property. Liabilities are everything you owe: mortgage, home equity loan, auto loans, student loans, credit card balances, personal loans, and any other debt. The calculator subtracts your total liabilities from your total assets to get your net worth, which can be negative.

Per the Federal Reserve's Survey of Consumer Finances, median household net worth is roughly $39,000 under age 35, $135,000 for ages 35-44, $247,000 for ages 45-54, $365,000 for ages 55-64, and $410,000 for ages 65-74. Mean figures are substantially higher because a small number of very wealthy households pull the average up.

A first mortgage and a home equity loan are two separate liens on the same property. They typically carry different rates (home equity loans can be fixed or variable), are reported as distinct debts on your credit report, and often have different payoff timelines. Tracking them separately gives you a clearer picture of your secured debt and makes payoff planning more precise.

The calculator computes debt-to-asset ratio as total liabilities divided by total assets, expressed as a decimal (e.g., 0.35 means 35%). Below 0.30 is generally considered healthy, 0.30-0.50 is moderate, and above 0.50 means the majority of what you own is financed. The ratio naturally improves as you pay down debt and as appreciating assets like real estate grow in value.

Enter the current market value, not what you paid. Vehicles depreciate quickly, so look up your car on Kelley Blue Book or Edmunds for a realistic figure. The same applies to your home (use recent comparable sales or a current Zestimate) and to any collectibles or jewelry (use resale value, not retail price).