What's a 5/4 house? The Midwest is stereotypical for "affordable living" but I live in New England and it's fairly affordable here too in comparison. I own a t

What's a 5/4 house? The Midwest is stereotypical for "affordable living" but I live in New England and it's fairly affordable here too in comparison. I own a three bedroom in town, with 20% down my P+I is $750 a month and PITI is $1275 a month. If I financed the whole thing the PITI would be $1462 a month. I think my housing cost is about average for the US.