please do the following problem on two different occasions based on the following information:

1. You are buying a condominium for $550,000 with a 20% down payment and a mortgage of $440,000 with an annual interest rate of 6% and for 30 years.

2. This time, you are buying the same condominium for $550,000 with a 20% down payment and a mortgage of $440,000 with an annual interest rate of 6% and for 15 years.

Please show your calculations for only 2 months under each category.

Calculation process required