1. loan amount: the loan amount is 1.5 million, which can be regarded as a loan within a reasonable range according to the loan purpose and personal needs.

2. Interest: the annual interest rate is 20,000 yuan. According to the loan amount, the annual interest rate is about13.33% (20000/150000 *100%), which is not too high in the market. Considering the risk, credit rating and other factors, the loan interest rate has a certain floating range.

3. Loan term: The specific loan term is not given in the question, and it is assumed to be one year. The loan term plays an important role in determining the loan interest. If the loan period is long, then the interest of 20 thousand is relatively low; If the loan period is short, the interest of 20,000 yuan is relatively high.

To sum up, it is reasonable to borrow10.5 million with annual interest of 20,000. It should be noted that due to personal credit history, loan purpose, repayment ability and other factors, the specific loan conditions and interest rates may be different. Before the loan, we should fully communicate with the lending institution to understand the specific terms of the loan contract.

Extended data:

According to Chinese laws, there is no clear upper limit on the interest rate of commercial loans, but the interest rate should be reasonable, and banks should clearly disclose relevant information such as interest rate and repayment method in the loan contract. The specific interest rate of loans often fluctuates according to the market supply and demand, the lender's credit status and policy regulation.