Thanks, that is consistent with Calvinism; however it describes salvation by election.
There is not a dichotomy between salvation by election and salvation by grace and faith, as show in Eph 2:4-10. If you believe there is, please explain.
Eph 2:4 But God, who is rich in mercy, for his great love wherewith he loved us,
Eph 2:5 Even when we were dead in sins, hath quickened us together with Christ, (by grace ye are saved;)
Eph 2:6 And hath raised [us] up together, and made [us] sit together in heavenly [places] in Christ Jesus:
Eph 2:7 That in the ages to come he might shew the exceeding riches of his grace in [his] kindness toward us through Christ Jesus.
Eph 2:8 For by grace are ye saved through faith; and that not of yourselves: [it is] the gift of God:
Eph 2:9 Not of works, lest any man should boast.
Eph 2:10 For we are his workmanship, created in Christ Jesus unto good works, which God hath before ordained that we should walk in them.
Let me try something else: are you denying that there is a group referred to in scriptures as the "elect" (which, in our context, represents those having salvation)?
Because I'm not sure it matter how you slice it: yes, we believe that grace&faith result in salvation. Yes, we also believe that God knows the elect before the foundations of the world were laid (scriptures already cited on these).
Does this mean that election *causes* salvation? No... other events will take place later for that. It's kinda like (bad example coming) when we elect a politician to office. It's now enabled that he will take office, but he's still gotta go to the courthouse and be sworn in to accept his new position.