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: Family MattersPreparing Financially for a Baby Everyday MoneyBudget Friendly Ideas for Thanksgiving Everyday MoneySenior Discounts and Savings Everyday MoneyStarting an Emergency Savings Account Living QuartersQuestions to Ask Your Home Inspector