Mr. Sompong wants to buy his new apartment near Sathorn. The new apartment costs 130,000 per square meter. His room dimesion is 6 meters in width and 8 meters in length. Kasikorn Bank charges a mortgage loan for his new apartment at 6.25% interest rate (effective rate). His salary is 32,000 Baht and he can pay the mortgage loan every month at 27,000 baht per month.