| Use
this worksheet to calculate your personal net worth. This figure will largely
determine how much a traditional lender is willing to loan. The higher your
net worth, the better your chances for securing financing.
Net Worth Worksheet
| Calculate
your current net worth: |
Date
|
__________________ |
| |
|
| Assets
|
|
|
•real estate (personal residence and other properties) |
__________________ |
| •retirement
accounts (401k, IRA, SEP) |
__________________ |
| •auto |
__________________ |
| •investments
(stocks, bonds, annuities, mutual funds) |
__________________ |
| •life
insurance (cash value) |
__________________ |
| •money
owed to you |
__________________ |
| •tax
refund coming to you |
__________________ |
| •deposits/prepayments |
__________________ |
| •savings
account |
__________________ |
| •checking
account |
__________________ |
| •miscellaneous |
__________________ |
| Total
assets |
__________________ |
•••••
| Liabilities |
|
|
•first mortgages on real estate |
__________________ |
| •second
mortgages on real estate/equity loans |
__________________ |
| •auto
loan |
__________________ |
| •credit
card debt |
__________________ |
| •student
loans |
__________________ |
| •other
loans |
__________________ |
| •miscellaneous |
__________________ |
| Total
liabilities |
__________________ |
| |
|
| Net
worth (subtract total liabilities from total assets) |
__________________ |
Copyright 2007,
Jennifer S. Croft, www.SimpleBizPlanning.com
|