But when the goodness and kindness of God our Savior and His love for mankind appeared [in human form as the Man, Jesus Christ], He saved us, not because of any works of righteousness that we have done, but because of His own compassion and mercy, by the cleansing of the new birth (spiritual transformation, regeneration) and renewing by the Holy Spirit, whom He poured out richly upon us through Jesus Christ our Savior, so that we would be justified [made free of the guilt of sin] by His [compassionate, undeserved] grace, and that we would be [acknowledged as acceptable to Him and] made heirs of eternal life [actually experiencing it] according to our hope (His guarantee).