Find out what you’re really worth. This tool adds up your assets, subtracts your debts and shows how to calculate net worth with a mortgage, car loan or any other debt, plus your debt-to-asset ratio.
Results update automatically as you type. A snapshot of your finances at one point in time.
How to Calculate Net Worth With a Mortgage
Enter the home at today’s market value as an asset and the remaining mortgage balance as a debt. With $15,000 in savings, $40,000 in investments and a $300,000 home, minus a $220,000 mortgage and a $10,000 car loan, net worth is $125,000 and the debt-to-asset ratio is about 65%.
| Item | Amount |
|---|---|
| Savings + investments | $55,000 |
| Home (market value) | $300,000 |
| Mortgage + car loan | −$230,000 |
| Net worth | $125,000 |
- Total your assets: $15,000 + $40,000 + $300,000 = $355,000.
- Total your debts: $220,000 + $10,000 = $230,000.
- Subtract: $355,000 − $230,000 = $125,000.
- For the ratio, divide debts by assets: $230,000 ÷ $355,000 = 64.8%.
The Formula and What Goes in Each Field
Net worth is everything you own minus everything you owe. Re-run it every six months to track progress.
Formula: Net Worth = Total Assets − Total Liabilities, where Total Assets = Cash & Savings + Investments + Property/Real Estate + Other Assets, and Total Liabilities = Mortgage + Loans + Credit Card Debt + Other Debts. Debt-to-Asset Ratio = Total Liabilities ÷ Total Assets × 100.
- Cash & savings: money in checking, savings or cash on hand
- Investments: stocks, bonds, retirement accounts and other holdings. Does net worth include 401k balances? Yes, they go here.
- Property / real estate: current market value of your home or other real estate
- Other assets: vehicles, valuables or anything else of value you own
- Mortgage: remaining balance owed on your home loan
- Loans: outstanding balance on auto, student or personal loans
- Credit card debt: current balance across your credit cards
- Other debts: any other liabilities not covered above
Example Scenarios
| Total Assets | Total Liabilities | Net Worth | Debt-to-Asset Ratio |
|---|---|---|---|
| $50,000 | $20,000 | $30,000 | 40% |
| $150,000 | $180,000 | -$30,000 | 120% |
| $300,000 | $150,000 | $150,000 | 50% |
| $75,000 | $75,000 | $0 | 100% |
| $500,000 | $100,000 | $400,000 | 20% |
What is a good debt to asset ratio for an individual? There’s no single target, but lower is more comfortable, and anything above 100% (like the second row) means you owe more than you own.
How to Get an Honest Result
Value things at what they would sell for today; the maths is only adding and subtracting.
- Should I include my car in net worth? You can, at today’s resale value, since cars lose value quickly. Enter any car loan as a debt either way.
- For your home, use a realistic market estimate and remember that selling costs would reduce what you keep.
- Retirement accounts may be taxed on withdrawal, so their after-tax value is lower than the balance.
- List every debt, including credit cards, student loans, car finance and money owed to family.
Leave out everyday belongings unless they have real resale value; counting furniture inflates the total without adding usable wealth. A negative net worth due to a mortgage is common for new buyers: a $300,000 home with a $290,000 loan, $5,000 in savings and $30,000 of student loans comes to −$15,000. That is a starting point, not a verdict. Update the net worth calculator once or twice a year with the same valuation method and watch the trend. The net worth article on Wikipedia explains the concept in more depth.
Common questions about calculating net worth
How do you calculate net worth with a mortgage?
Add the home’s current market value to your assets and the remaining mortgage balance to your debts. A $300,000 home with a $220,000 mortgage adds $80,000 of equity to your net worth.Does net worth include 401k and retirement accounts?
Yes, 401(k)s and IRAs are investments and belong in the investments field. Some of that balance may be owed in tax on withdrawal, so treat the figure as a gross estimate.Should I include my car in net worth?
You can, under other assets, at what it would sell for today, with any car loan entered as a debt. Many people leave depreciating items like cars and furniture out; what matters most is tracking the same categories each time.What is a good debt to asset ratio for an individual?
There’s no single universal target, since it depends on your age, income and debt type. A lower ratio means your assets cover your liabilities more comfortably, and a ratio above 100% means debts exceed assets.How often should I recalculate my net worth?
Quarterly or annually is useful for spotting trends without overreacting to market swings. Recalculating right after a major change, like buying a home or paying off a loan, shows the immediate impact.Why is my net worth negative and is that a problem?
It means your debts currently exceed your assets, which is common early in adulthood after student loans or a new mortgage. The trend matters more: a negative number that shrinks each year is genuine progress.Related Calculators
Once you know where you stand, it helps to plan the next move: use the debt-to-income ratio calculator to see how your monthly obligations compare to your income, set a target with the savings goal calculator, or check whether you have enough of a cushion with the emergency fund calculator.