Net Worth Calculator
Adds up what you own minus what you owe.
Result
- Net worth
- S$170,000.00
- Debt-to-asset ratio
- 62.22%
How to use the net worth calculator
- Enter the total assets (S$).
- Enter the total liabilities (S$).
- The results update as you type, or press Calculate.
- Read the net worth first, then the supporting figures below it.
Formula
Net worth = assets − liabilities.
Worked example
For example, with these inputs:
- Total assets (S$): 450,000
- Total liabilities (S$): 280,000
the calculator returns:
- Net worth: S$170,000.00
- Debt-to-asset ratio: 62.22%
Background
Cars in Singapore carry costs found almost nowhere else, including the Certificate of Entitlement and the Additional Registration Fee. Loans are capped at 60% or 70% of the price depending on the car's Open Market Value, and the maximum tenure is seven years.
Compounding is the reason long-term saving works: returns earn further returns, so the growth curve steepens over time. The same maths works against you with debt, which is why credit card balances at around 27% a year grow quickly if only minimum payments are made.
Frequently asked questions
How does the net worth calculator work?
It applies this formula: Net worth = assets − liabilities.
Is this financial advice?
No. It is a calculation tool. For decisions about loans or investments, compare official offer documents and consider speaking to a licensed adviser.