How this calculator works
Use current market values for what you own and outstanding balances for what you owe. A home belongs in assets at its full market value, while its mortgage goes in liabilities. This keeps equity from being counted twice.
Net worth = total assets − total liabilitiesP = starting amount; C = monthly contribution; G = target; r = monthly rate; n = months; y = years, where applicable.
Example you can check
Assets of $100,000 and debts of $40,000 produce net worth of $60,000.
Assumptions & limitations
This is a point-in-time estimate. Selling costs, capital gains taxes, inaccessible retirement funds and future income are not reflected. Positive net worth does not mean you have enough cash for near-term expenses.
Common questions
Should I enter home equity or the full home value?
Enter the full estimated home value and record the mortgage balance separately.
Can net worth be negative?
Yes. If liabilities exceed assets, the result is negative.
Further reading: investor.gov educational guide. Our formula conventions and examples are described above.