8 Best Net Worth Calculators (Updated)
Calculators, both online and manual, are handy tools that make calculations easier. Tracking your net worth is a crucial step in understanding your financial health. These tools provide an overview of your assets and liabilities, showing how much you’re truly worth. In 2024, many online calculators will make this process simple and accurate. Let’s break down the eight best net worth calculators to use this year.
8 Net Worth Calculators
- Personal Capital
- NerdWallet
- Bankrate
- Mint
- Wealthfront
- Zillow Home Value Calculator
- Quicken
- Tiller
1. Personal Capital
Personal Capital’s net worth calculator is one of the most popular and comprehensive tools available. It allows you to link your bank accounts, investment accounts, loans, and credit cards to automatically track your assets and liabilities. This real-time tracking means you don’t have to manually input data each time you want an update.
Why use it?
If you want a calculator that does more than just calculate your net worth, Personal Capital is a solid choice. It automates much of the process and offers extra financial tools for deeper insights.
2. NerdWallet
NerdWallet’s net worth calculator is user-friendly and perfect for those who prefer a simple, manual process. You input your assets—like home value, savings, and investments—along with liabilities like mortgages and loans. The calculator then does the math to give you a clear picture of your net worth.
Why use it?
For a quick, no-frills approach to calculating your net worth, NerdWallet is ideal. It’s especially good if you’re looking for something simple without linking any personal accounts.
3. Bankrate
Bankrate is another trusted name in personal finance, and its net worth calculator is no exception. This tool helps you calculate your net worth by allowing you to list your assets and liabilities in specific categories, such as property, savings, and debt. You can manually adjust the values as needed, making it a flexible tool for periodic check-ins.
Why use it?
Bankrate’s tool is great if you want to break down your finances into categories. It’s perfect for people who like to see detailed breakdowns of their assets and liabilities.
4. Mint
Mint, known for its budgeting and personal finance tools, also offers a net worth calculator. Similar to Personal Capital, Mint allows you to link your financial accounts so the tool can automatically update your net worth as your finances change.
Why use it?
Mint is excellent if you already use it for budgeting and want a seamless way to monitor your net worth without extra effort.
5. Wealthfront
Wealthfront’s net worth calculator is designed to help you see the bigger picture. It integrates your financial data into a clear, easy-to-read format and gives you insights into your overall financial standing. The tool also offers retirement planning advice and automated investment management, making it a robust option for those planning for the long term.
Why use it?
Wealthfront is ideal for anyone who wants to not only track net worth but also get guidance on long-term financial goals like retirement or investing.
6. Zillow Home Value Calculator
For homeowners, Zillow’s Home Value Calculator is a valuable tool to estimate the current value of your property, which is a major part of your net worth.
Why use it?
If you own property, knowing the current value of your home is essential. Zillow’s calculator is great for keeping up with real estate trends and understanding your home’s worth.
7. Quicken
Quicken is a well-known personal finance software that includes a net worth calculator. While it’s not a free tool, it offers extensive features for managing your money, from budgeting to investment tracking. Quicken allows you to sync your accounts or manually input information, and it offers detailed reports on your financial health, including your net worth.
Why use it?
For serious financial management, Quicken’s robust platform can help you with more than just net worth. It’s a great choice if you want an all-in-one tool for budgeting, investing, and tracking your finances.
8. Tiller
Tiller is an Excel and Google Sheets-based tool that helps you track your finances, including net worth. You can link your accounts, and Tiller will automatically pull in transactions and update your spreadsheets.
Why use it?
Tiller is perfect for spreadsheet lovers who want the control of a manual tool with the convenience of automatic updates.