At the moment, you are using one AIO for the CPU and another for the GPU.
I think it is hard to accurately predict the temp if you use only one radiator to cool both.
Nevertheless, I will try a back-of-the-envelope style approach to estimate.
The 8700K has a 95W TDP and the 1080 is rated at 180W. If you use a single radiator to cool both for the total of 275W, let's say the cooling capacity of that single radiator is going to be shared between the CPU and GPU roughly in the same ratio (1:2) as their TDP. That is, 1/3 of the cooling capacity goes to the CPU and 2/3 goes to the GPU. Of course, this is in an equivalent sense only.
With the above estimate, you can try to simulate this effect by 2 methods:-
Method A)
Assuming your two current AIOs use only a single fan, thus the other side of the radiator is free.
You can then use a piece of paper or masking tape to cover up 1/3 (for the GPU) and 2/3 (for the CPU) of the other side of the radiator, reducing the airflow to simulate the effect that the cooling capacity is being shared.
Temp will rise and you can see if they will be above 60's C or not.
Method B)
If the two current AIOs are using dual fans in push-pull, then the above method is not do-able as it is impractical to do the covering up.
However, you can still simulate by reducing the fan speed of each AIO appropriately.
The relationship between fan speed and heat dissipation is not exactly a 45-degree straight line. That is, an 1/3 reduction in fan speed (in rpm) does not translate to an 1/3 reduction in heat dissipation (in Watts).
From a Skinnee's graph (for an XSpc 120 rad), I estimate an 1/3 power reduction corresponds roughly to an 1/2 reduction in fan speed.
Now, say, the current fan speed of your two AIOs while gaming is 3000rpm. Then I suggest reducing it to 1500rpm (for 2/3 power) and 700rpm (for 1/3 power).
So, while gaming, adjust the 8700K's AIO fan at 700rpm and the 1080's AIO fan at 1500rpm (by whatever software you are using to control the fan speed curve) and check the temp.
I reckon, this could be a first approximation of what will happen if you use a single 120mm radiator to cool both.