Net Worth Calculator
Assess your financial standing by calculating the difference between your assets and liabilities.
Assets (What you own)
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Total Assets₹ 0
Liabilities (What you owe)
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Total Liabilities₹ 0
Your Net Worth
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Total Assets - Total Liabilities
What is a Net Worth Calculator?
A Net Worth Calculator is a simple yet powerful tool to measure your financial health. It calculates the difference between what you own (Assets) and what you owe (Liabilities). Your net worth is the most accurate snapshot of your current financial position, more so than your income.
How It Works
The calculator sums up the value of all your assets (Cash, Investments, Property, Gold) and subtracts the total of all your liabilities (Loans, Credit Card Debt).
Net Worth = Total Assets - Total Liabilities
Example Calculation
Scenario
You have ₹50L in property and ₹10L in savings. You have a home loan of ₹30L.
- 1.Assets = ₹50,00,000 (Property) + ₹10,00,000 (Savings) = ₹60,00,000
- 2.Liabilities = ₹30,00,000 (Home Loan)
- 3.Net Worth = 60,00,000 - 30,00,000 = ₹30,00,000
Why This Tool is Useful
- ✓Provides a clear picture of your actual wealth.
- ✓Helps track financial progress year over year.
- ✓Identifies if you have too much debt relative to assets.
- ✓Motivates you to reduce liabilities and increase investments.
- ✓Essential for estate planning and loan applications.
Tips & Comparison
- •Update Regularly: Calculate your net worth every 6 months to track progress.
- •Liquid vs Illiquid: Distinguish between liquid assets (Cash, Stocks) and illiquid ones (Real Estate). You need liquidity for emergencies.
- •Good Debt vs Bad Debt: A home loan (asset-building) is better than credit card debt (consumption).
- •Don't Compare: Net worth varies by age and life stage. Focus on your own growth trend.