I have a new loan for a borrower of which the loan proceeds were used as follows:

A written agreement for the assumption of a loan
(the original loan was a construction guidance line with a different borrower for a villa that has now completed and is up for sale)

This is what the analyst says the money was to be used for:
New money to the A&D loan for lot pay down
New money to borrower (closing costs, interest reserve)
New money to borrower (pay overhead on changes/upgrades)

In this case, I will report this assumption as a home purchase loan in the amount of the outstanding principal balance but my question is:

Should I include the new money for “overhead on changes/upgrades” to the “loan amount” reported?