Mr. and Mrs. Thompson purchase a beachside condo for $545000, pay a down payment of 22%, and obtain a 30-year, fixed-rate mortgage at 5.500%.

Find the down payment amount.

Mr. and Mrs. Thompson purchase a beachside condo for $464000, pay a down payment of 16%, and obtain a 30-year, fixed-rate mortgage at 4.875%.

Find the mortgage amount.