That's a huge amount of round-trip latency (and thus the lag you feel).
Reduce the ASIO buffer size to 64-samples... and your round-trip latency will drop significantly.
It's possible to achieve sub 5ms total round-trip latency under Windows (64-sample ASIO buffer size/44.1k).
The audio interface driver's hidden safety-buffer is the X-factor.
If your audio interface uses a large hidden safety-buffer, it'll have high round-trip latency.
If your audio interface uses a small hidden safety-buffer, it'll have low round-trip latency.
Your particular unit offers decent round-trip latency (not particularly high... not super low).