Leaking coolant and white smoke out of exhaust

[Seattle_Tercel_Lover]

My car overheated last week because of a blown radiator hose (I replaced the hose) and now is leaking coolant and belching white smoke out of the exhaust. I'm not very knowledgeable about car problems, but I fear the worst...

Anyone know what it could be?

[ARCHINSTL]

If you're "lucky," it is a blown head gasket.
If not, a cracked head (I know the feeling, as my Beloved Sister did this through inattention to my then almost new '83 T4WD...).
Tom M.

[takza]

A lot of evidence there? Try starting it cold...take the rad cap off....look for bubbles. See any....it means exhaust into coolant.

Means a head gasket...block seal doesn't work...I've tried.

I had a top hose go on another car...looked just fine...but I could tear it apart by hand...rubber and cord were gone.

[Highlander]

Where is the coolant leak?
If it's around the head/block interface, then you have a couple of possibilities, none too bad. Warped head due to the overheating with low torque on the head bolts- pull head and have it skimmed flat; Blown head gasket- pull head and replace gasket (have the head checked for cracks while its out).
If its at a point on the head- you've cracked the head - get a new used one.
An easy first pass to get close to diagnosis is to run a compression test. If you have two adjacent cylinders showing NO compression, then odds are that you've got a cracked head (one cylinders pressure bleeds into the next via the crack).
Either way, you'll need to pull the head- relax, pull it off (not too hard compared to a 460 V8) and look at the gasket -That's most probably the culprit.
Good luck.