Four 60mm fans will be louder than one 60mm fan. It's not additive - i.e. not 4x the loudness - but there will definitely be a noise increase from each additional fan. There's a
thread on SPCR related to this topic (although it compares same size fans). According to that four fans would add about 6 dB, putting it on even footing with the 120mm fan. The dB rating doesn't tell the whole story, however, and it's likely the smaller fans will have a higher pitch moving the same air.