The 75% value does not mean you have it free on your cluster. Means that 75% of your hosts can fail (in the RAM perspective) and the vCenter still will be able to perform the failover. This obviously makes sense because of the overcommitment technologies on the VMware products (ballooning, memory compression, etc).
In fact, you need to take the smaller % number to know how many ESX can fail at the same time on your cluster.
Also, you configured it to 25% failover capacity as minimum. This means that if any of the % goes to this point, no other VMs will be powered on at your cluster.