I honestly do not think you are looking for simplication as I have made it pretty simple thus far. I think you are looking for someway to save face and reassert your argument.
However, justifying faith is faith "in" what God has promised and presented in the gospel and provided for the sinner by the Person and works of Jesus Christ as full propitation/satisfaction of all of God's righteous demands "FREELY BY GRACE." Justifying faith does nothing but RECEIVES what has been done "FREELY BY GRACE" - Rom. 3:24-26 The principle or "law" of faith is GRACE (Rom. 4:16; Eph. 2:8; Rom. 11:6).
It is faith "IN" God's promise that Christ has proved FOR THE ONE BELEVING IN CHRIST full redemption, full propitation (Rom. 3:25) "FREELY BY GRACE" an WITHOUT YOUR WORKS (Rom. 3:28).
No sir I am trying to understand how different scriptures work together such as these:For we are saved by hope: but hope that is seen is not hope: for what a man seeth, why doth he yet hope for? But if we hope for that we see not, [then] do we with patience wait for [it]. Now faith is the substance of things hoped for, the evidence of things not seen.
I am trying to work these together using your concept.
My concept is different but I want to look at both for better understanding.