Does the subject want to ask "what is the loan 1120,000 yuan, the interest rate1year, and the interest rate of 5.38"? 60256。 Loan interest = principal× time× interest rate, so1120000 * 0.0538 *1= 60256. Interest on bank loans is generally calculated with compound interest on a monthly basis. There are two ways to repay by installments, one is equal principal and interest, and the other is average capital. In the short term, you can also repay the principal and interest in one lump sum.