Net Worth

This calculator was designed to help you to take a "picture" of your current financial condition Whereas an income and expense statement shows you your financial picture for a period of time (month, year, etc.), this Net Worth Calculator will show you your financial picture at a single point in time (a specific date). That way, if you compute your Net Worth now, and then again 3 months from now, you will be able to tell whether your financial picture is improving or getting worse.

General Instructions
Starting at the top and working your way down, complete and calculate the totals for each of the six sections. Be sure to click on each section's "Compute..." button before going on to the next section. Once you've computed the entire worksheet, including the Summary Assets & Liabilities, you can then go back and edit your entries. Just be sure to re-compute each section after editing. Once you're comfortable with your Cash Flow Forecast you can then click on the "Create Report" button at the bottom of the worksheet. This will create a condensed report in a new window that you can print-out and compare to your other Net Worth Reports (you may have to press CTRL-P in order to print the report)

 
Entry Columns
Calculated Columns
#
Payment
Description
Principal
Balance
Interest
Rate
Payment
Amount
Interest
Cost
# of Pmts
Left
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
  Totals
Consolidation Loan Terms
Enter the Consolidating Loan's Annual Interest Rate (APR):
Enter the Consolidating Loan's term (number of years):
Enter total of any Consolidation Loan Fees:
Results
Without
Consol-
idating
With
Consol-
idating
Difference
Total of Monthly Payment(s):
Months until debts are paid off:
Total Cost (Interest Charges and Loan Fees):
Summary

Copyright © 1998-2001 Daniel C. Peterson, All Rights Reserved

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