After months of negotiating, both sides of the Hasselhoff-Bach divorce have agreed to financial terms of the split.

David Hasselhoff will pay $21,000 per month in spousal support to his ex, Pamela Bach, and $4,000 per month in child support for the couple's two teenage daughters.

Split 50/50: The house, the cars, the bank accounts, and most surprisingly, his acting and directing pensions and income from his book, Making Waves.

The former couple divvied up household property. Reportedly, he gets the antique barber chair, while she keeps the photograph of Michael Jackson (score!).

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