That loopback cable you constructed is a "loopback + monitoring" cable. It is used for recording audio from a PC and listening to the recording at the same time. It is
not suitable for measurements.
How that cable works is something like this:
Windows audio source (e.g. Youtube, computer games, etc) --> OUTPUT 2 --> LOOPBACK --> INPUT 2 --> Recording software
and simultaneously:
Windows audio source (e.g. Youtube, computer games, etc) --> OUTPUT 2 --> CABLE --> amps, speakers.
Like I mentioned, the purpose of loopback audio measurements is to compare the measurement circuit to the loopback circuit. This is a very important concept to grasp. You can not have your loopback circuit and measurement circuit on the same channel. Well you
can, but it would only be suitable for measuring
very short impulses. If the length of the impulse is longer than the latency of the measurement circuit, then the loopback impulse will bleed into the measurement impulse since they are both on the same impulse response.
Please go back and read
this post again.