How the calculator works
- What you own: cash and savings, pensions and PRSAs, other investments, your home, vehicles and anything else of value, at what each is worth today.
- What you owe: your mortgage, car loans or PCP, personal loans, credit cards and other debts.
- Net worth is the difference. The calculator also shows your home equity (home value less mortgage), your net worth without your home, and the cash and investments you could reach without selling your home or touching your pension.
Example
With €15,000 in savings, €40,000 in pensions, €5,000 in shares, a €350,000 home and a €15,000 car, you own €425,000. With a €250,000 mortgage, a €10,000 car loan, a €5,000 personal loan and €1,500 on a credit card, you owe €266,500. Your net worth is €158,500: €100,000 of home equity and €58,500 besides.
What to include
- Include: current accounts, deposits, State Savings and Prize Bonds, credit union savings, pensions, PRSAs, shares and funds, your home and other property, and cars at their resale value. With PCP, count the car’s value and the finance still owed.
- Leave out: everyday belongings like furniture and electronics, which are worth far less used, and your future State Pension.
Learn more
See our budget calculator to free up money to save, the debt payoff calculator to clear what you owe, and the pension calculator to plan for retirement.