Nataliya

Hi I don't work and my income is £0, all I have is money in savings accounts and I plan to live off the interest from my savings. My personal allowance is £12,570 and am I correct in my understanding that I am entitled to a Starting rate for savings of £5,000 and I can have income from my savings of up to £17,570 (12570+5000) tax free? Thank you.