Net Worth Calculator
Calculate your total net worth by listing your assets and liabilities.
Assets
Liabilities
About this tool
A Net Worth Calculator gives you a single, clear number that captures your overall financial position. Instead of guessing whether you are moving forward or falling behind, it shows exactly where you stand by weighing everything you own against everything you owe.
To use it, list your assets such as cash, investments, property, and vehicles, then list your liabilities such as loans and credit card balances; the tool subtracts the totals to reveal your net worth. It is useful for tracking financial progress over time, planning ahead, and doing periodic retirement check-ins.
One helpful tip is to recalculate periodically, since the trend over months and years matters far more than any single snapshot. Everything runs locally in your browser, so your figures are never uploaded anywhere.
Frequently Asked Questions
Code Implementation
def calculate_net_worth(assets, liabilities):
total_assets = sum(assets.values())
total_liabilities = sum(liabilities.values())
net_worth = total_assets - total_liabilities
return total_assets, total_liabilities, net_worth
assets = {
"Checking Account": 5000,
"Savings Account": 20000,
"Retirement (401k)": 85000,
"Home Value": 350000,
"Car": 18000,
}
liabilities = {
"Mortgage Balance": 280000,
"Car Loan": 12000,
"Credit Cards": 3500,
"Student Loans": 15000,
}
total_assets, total_liabilities, net_worth = calculate_net_worth(assets, liabilities)
print(f"Total Assets: ${total_assets:,.2f}")
print(f"Total Liabilities: ${total_liabilities:,.2f}")
print(f"Net Worth: ${net_worth:,.2f}")Comments & Feedback
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