Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Open-end Lease Open-end Lease November 9, 2021 A lease which may involve a balloon payment based on the value of the property when it is returned.You Might Also Like: All Things CommunityReviewing Random Acts of Kindness 2023 Everyday MoneyWhat are ACH Payments and How Do They Work? Family MattersFun Games to Teach Kids About Money Everyday MoneyWhat is the Difference Between a Credit Card and a Debit Card? Family MattersBudget Friendly Easter Basket Ideas