We are planning to make some changes to the Home Equity plans of existing customers of four banks that we acquired which will be to a benefit for the customers. We are disclosing the old payment structure in addition to the new payment options and additional changes to the agreement (which again, all are benefits to the customers).

We are giving the customers the option between two repayment options:
1.5% of the principal balance monthly
or
Interest-only monthly payments.

My question relates to whether or not we need to give the historical example tables for each of the new payment options? I have read 226.5b and 226.6 of both Reg. Z and the Commentary. I can not find in either where it is states that I need to, but I wanted to get a 2nd (3rd, 4th....) opinion of those who care to offer one.

Thanks for any input offered!

Look at 226.5b(d)(5)(iii). This is for open end home equity.