Your assets
Your liabilities
This tool provides a simple snapshot based on the values you enter. It does not value complex assets or account for tax, selling costs or access restrictions.
What is net worth?
Net worth is a simple balance-sheet measure of your financial position. It compares the value of assets you own with liabilities you still owe.
Net Worth = Total Assets − Total Liabilities
What counts as an asset?
Common assets include cash, savings, investments, property, pensions, vehicles and other items with meaningful financial value. For planning purposes, use realistic current values rather than the original purchase price.
What counts as a liability?
Liabilities are amounts you owe, such as a mortgage balance, personal loans, car finance, credit card debt and other outstanding borrowing.
How to interpret the result
A positive net worth means the value of your assets is greater than your debts. A negative net worth means liabilities exceed assets. The figure is most useful as a snapshot that can be tracked over time rather than as a judgement about financial success.
Worked example
If total assets are £250,000 and total liabilities are £160,000, estimated net worth is £90,000.
When this calculator is useful
This calculator is useful when you want a quick snapshot of your overall financial position, compare progress from one period to another, or understand how changes in debt and savings affect your balance sheet.
Worked examples
Example 1: Positive net worth
Assets of £250,000 and liabilities of £160,000 produce an estimated net worth of £90,000.
Example 2: Negative net worth
Assets of £35,000 and liabilities of £48,000 produce an estimated net worth of -£13,000. This does not by itself mean financial failure; it is simply a snapshot of current assets and debts.
Common mistakes to avoid
- Using the original purchase price of an asset instead of a realistic current value.
- Counting the full value of a home but forgetting the outstanding mortgage.
- Including the same asset or debt twice.
- Treating net worth as the same thing as cash available to spend.
Assumptions and limitations
The calculator treats the figures you enter as current estimated values. It does not adjust for tax, selling costs, early-access penalties, legal ownership issues, market volatility or the time needed to convert an asset into cash.
Related calculators
Savings Calculator · Investment Return Calculator · Loan Payment Calculator
Frequently asked questions
Should I include my home?
You can include the current estimated property value as an asset and the outstanding mortgage as a liability.
Should pensions be included?
Many people include pension or retirement balances when estimating total net worth, although access restrictions and tax treatment can make them different from cash savings.
How often should I calculate net worth?
For personal tracking, quarterly or annual updates are usually enough to show meaningful changes without reacting to every short-term market movement.