Let's imagine that $(a1,b1)$ is 70% of the way from $(x0,y0)$ to $(x2,y2)$. It's x- value will be 70% of the way from $x0$ to $x2$ and likewise it's y-value will be 70% of the way from $y0$ to $y2$. To find the coordinates of your point we can simply substitute 70% in my anecdote with $\dfrac{Md}{Td}$.
Hopefully the algebra here is not too confusing, but in your example this would give
\begin{align*}
a1 &= \dfrac{Md}{Td}(x2-x0) + x0 \\[.5pc]
b1 &= \dfrac{Md}{Td}(y2-y0) + y0
\end{align*}
For example
Imagine we have two points $A(2, 3)$ and $B(10, 12)$ and we want to find a point, C, that is 70% of the way from $A$ to $B$.
\begin{align*}
x_C &= \dfrac{7}{10}(10-2) + 2 \\
&= 5.6 + 2 \\
&= 7.6 \\[.5pc]
y_C &= \dfrac{7}{10}(12-3) + 3 \\
&= 6.3 + 3 \\
&= 9.3
\end{align*}
Point C would be at $(7.6, 9.3)$. Here's a quick Geogebra verification.

Although Geogebra is doing some rounding, you can tell that $AC/AB \approx 7/10$. In fact if you compute the distances exactly you will find that it is exactly $7/10$.