I don't understand any of your pictures. Ignoring them, first, find the slope of $\overline{P_1P_2}$:
$$m_0 = \frac{y_2 - y_1}{x_2 - x_1} = 1$$
The angle associated with that is $\arctan(1) = \frac{\pi}{4}$
Next, find the slope of the lines:
$$m_1 = \arctan(\frac{\pi}{4} - \angle_1) , m_2 = \arctan(\angle_1 - \frac{\pi}{4}) $$
You may have to be a little intelligent about subtracting those angles. Next, write the lines in point-slope form:
$$y - y_1 = m_1 ( x - x_1) \\
y - y_2 = m_2 ( x-x_2)$$
Finally, the point in question is located where those two lines cross:
$$ m_1 ( x - x_1) + y_1 =m_2 ( x - x_2) + y_2 \\
x = \frac{y_2 - y_1 - m_2 x_2 + m_1 x_1}{ m_1 - m_2} \\
y = \frac{\frac{y_1}{m_1} - \frac{y_2}{m_2} + x_2 - x_1}{\frac{1}{m_1} - \frac{1}{m_2}}$$
The $\hat x$ equation is stable unless the slopes of those two lines are very close, so leave that to the computer. The $\hat y$ equation, conversely, is unstable, so instead calculate:
$$y = m_1 ( x_p - x_1) + y_1$$