Net Worth Calculator
Calculate your total assets, liabilities and estimated net worth.
Assets
Liabilities
Net Worth Calculator Explanation
Your net worth is the value of what you own minus what you owe.
The basic formula is:
Net Worth = Total Assets − Total Liabilities
Assets can include cash, savings, investments, property, vehicles and other valuable possessions. Liabilities include money you owe through loans, mortgages, credit cards and other debts.
How the Net Worth Calculator Works
Enter the estimated current value of your assets and outstanding balances on your debts. The calculator adds your assets together, adds your liabilities together, then subtracts the liabilities from the assets.
What You Can Track
Tracking your net worth over time can help you see how your overall financial position changes as you save, invest, acquire assets or pay down debt.
Cash Savings Investments Property Vehicles Loans DebtExample
Suppose you have KSh 100,000 in savings, KSh 200,000 in investments, property worth KSh 3,000,000 and a vehicle worth KSh 800,000.
Your total assets would be KSh 4,100,000.
If you owe KSh 1,500,000 on a mortgage, KSh 200,000 in personal loans and KSh 50,000 in other debt, your total liabilities would be KSh 1,750,000.
Your estimated net worth would therefore be:
KSh 4,100,000 − KSh 1,750,000 = KSh 2,350,000
Why Track Your Net Worth?
Income tells you how much money comes in. Net worth gives you a broader picture of the assets you own and the debts you owe.
Updating your numbers periodically can help you monitor changes in your financial position and identify whether your assets and liabilities are moving in the direction you want.
Frequently Asked Questions
What is net worth?
Net worth is the value of your total assets minus your total liabilities.
What counts as an asset?
Assets can include cash, savings, investments, property, vehicles and other items that have financial value.
What counts as a liability?
Liabilities are debts and financial obligations such as mortgages, personal loans, credit card balances and other outstanding debt.
Can my net worth be negative?
Yes. If your total liabilities are greater than your total assets, your net worth will be negative.
How often should I calculate my net worth?
You can update your net worth periodically, such as monthly, quarterly or annually, to monitor changes in your overall financial position.